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IEEFA Research

Report: ‘A Constellation of Risks’: How Public Accountability Is Slowing Tar Sands Development

Report: ‘A Constellation of Risks’: How Public Accountability Is Slowing Tar Sands Development

Material Risks: How public accountability is slowing tar sands development (pdf) By: Tom Sanzillo (IEEFA), Lorne Stockman (Oil Change International), Deborah Rogers (Energy Policy Forum), Hannah McKinnon (Oil Change International), Elizabeth Bast (Oil Change International), and Steve Kretzmann (Oil Change International)

October 29, 2014 Read More →

More News and Commentary

Shell sells Permian interests to ConocoPhillips for $9.5 billion

Texas Tribune: Energy giant Royal Dutch Shell sold its oil and gas business in the Permian Basin, the country’s largest oilfield, to ConocoPhillips for $9.5 billion cash on Monday. The deal is a major move for Shell, which produces more than 175,000 barrels of oil per day in the Permian Basin, as it faces pressure […]

September 21, 2021 Read More →

New York State pension fund reviewing holdings in 42 shale companies

Reuters: The third-largest U.S. public pension fund on Thursday said it is launching reviews over climate concerns on $640 million invested in 42 shale oil and gas firms, including ConocoPhillips (COP.N), Hess (HES.N) and Pioneer Natural Resources (PXD.N). The move by the New York state pension fund comes days after the United Nation’s Intergovernmental Panel […]

August 13, 2021 Read More →

Washington county becomes first in US to ban new fossil fuel projects

The Guardian: A county in Washington state has become the first such jurisdiction in the US to ban new fossil fuel infrastructure, following a lengthy battle over the impact of oil refineries on the local community. In a vote on Tuesday night, Whatcom county’s council unanimously passed a measure that bans the construction of new […]

July 29, 2021 Read More →

Shell considering sale of Permian Basin assets

Reuters:  Royal Dutch Shell is reviewing its holdings in the largest U.S. oil field for a potential sale, people familiar with the matter told Reuters, marking a key moment in its shift away from fossil fuels as it faces growing pressure to slash carbon emissions. The sale could be for part or all of Shell’s […]

June 14, 2021 Read More →

Small energy companies betting against quick energy transition

Wall Street Journal ($): For all the talk of a transition away from fossil fuels, players in the energy sector are still willing to bet there is more money to be made in oil and coal. Major oil companies such as BP PLC and Royal Dutch Shell PLC are selling billions of dollars of assets […]

April 26, 2021 Read More →

IEEFA Australia: Renewables or gas – which will we choose?

It’s crunch time for the future of the north west of New South Wales, Australia. Will the region choose gas, or a renewable future? Jobs and investment are needed in the North West now, not in a decade’s time. Let’s look at what’s on the table. We’ve just seen the New South Wales government announce […]

IEEFA Australia: Dubbo’s new renewables zone shows the path away from fossil fuels

Markets are telling us renewables are the best solution for a faster recovery

With the economy faltering during the COVID-19 pandemic and jobs in short supply, different solutions are being proposed to move the country into a sustainable economic recovery. To benefit all Australians, many of whom are struggling with job losses, health concerns and faltering businesses, projects considered for the way forward should fulfil two simple criteria: […]

Column: Current energy stock bear market may be permanent

MarketWatch: Even Wall Street firms are urging clients to dump energy stocks While the S&P 500, the Dow Jones Industrial Average, and the Nasdaq Composite index hover near all-time highs, energy stocks have fallen on very hard times. Exxon Mobil — the world’s most valuable public company as recently as 2012 — has seen its […]

February 21, 2020 Read More →
IEEFA update: Teck Resources, wisely, casts doubt on Frontier Oil Sands mine project
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IEEFA update: Teck Resources, wisely, casts doubt on Frontier Oil Sands mine project

Proposed mine based financial viability on inflated oil price estimates

Don Lindsay, CEO of Teck Resources, said last week that proceeding with the Frontier Oil Sands project may not happen, even if Canada approves its pending permit. A key reason he cites is the persistently low price of oil. Beyond any environmental considerations that might impact the final decision, the Federal Cabinet, which has until […]

and February 7, 2020 Read More →

Foreign investors selling their stakes in Canada’s oil industry

Bloomberg: Capital keeps marching out of Canada’s oil industry, with Kinder Morgan Inc.’s sale of its remaining holdings in the country on Wednesday adding to more than $30 billion of foreign-company divestitures in the past three years. Pembina Pipeline Corp., based in Calgary, is snapping up Kinder’s Canadian assets and a cross-border pipeline in a […]

August 22, 2019 Read More →