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oil industry outlook

Crude Britannia: Understanding how oil shapes a nation

June 7, 2021By Andy RowellBlog Post

There is a great and timely book that has been published entitled Crude Britannia, which looks at how oil has shaped society and the political landscape of the United Kingdom.

Non-Aligned: As Big Oil spews climate denial, oil workers want to “switch to renewables”

September 30, 2020By Andy RowellBlog Post

Whereas Big Oil bosses still continue a strategy of climate denial, the majority of oil workers would switch to jobs in the renewable industry.

Despite COVID-19 & climate emergency, U.S. Big Oil says it’s “folly” to invest in renewables

September 22, 2020By Andy RowellBlog Post

Despite our climate emergency and the massive demand reduction caused by COVID-19, American oil executives say it would be “folly” for them to switch to renewables.

“Humiliation”: Exxon dumped out Dow Jones Industrial Index after nearly 100 years

September 1, 2020By Andy RowellBlog Post

The once mighty Exxon has just suffered the corporate humiliation of being booted out the highly influential Dow Jones Industrial Index.

We have entered the “end game” for oil — with “permanent demand destruction”

July 30, 2020By Andy RowellBlog Post

As we have been repeatedly saying for months, we are witnessing the end of the oil age. Even once great giants are now crumbling at their core.

“Bold, not incremental” post-COVID-19 action on climate is urgently required from IEA

May 29, 2020By Andy RowellBlog Post

A letter from leading businesses, scientists and activists demands “bold, not incremental, action” is required from the International Energy Agency on climate change. Hopefully, Dr. Birol and the IEA are listening. For all our futures may depend on their report next month.

From Supermajors to Superminors: the fall of Big Oil

May 1, 2020By Andy RowellBlog Post

Shell is in trouble. BP is in trouble. So too is Exxon.

As BP’s profits plunge, analysts say we are entering the “end-game” for oil

April 29, 2020By Andy RowellBlog Post

You cannot underestimate that seismic shift going on as investors, often drunk on big oil profits, now just face uncertainty and loss. The oceans are awash with bobbing tankers full of oil, with no market to sell them. The industry is paralysed by the pandemic.

COVID-19 fallout threatens “long-term survivability” of Big Oil

April 24, 2020By Andy RowellBlog Post

Big Oil faces a new reality where “everything has changed.” Even their long-term survival.

Big Oil bosses to meet Trump demanding further financial support & deregulation

April 3, 2020By Andy RowellBlog Post

Later today, U.S. President Donald Trump is set to meet with at least seven senior oil executives in person at the White House to discuss the historic plunge in the oil price.

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