Independent petroleum industry analysis, market data, environmental accountability reporting, and the real story behind oil company decisions. No corporate sponsors.
Read Latest AnalysisIndicative figures for informational purposes. Data may be delayed.
Independent reporting on petroleum companies, markets, and policy.
Geopolitical friction, spare capacity games, and speculative trading combine to keep crude markets unpredictable for consumers.
Read AnalysisBuybacks, dividends, and capex — we trace how petroleum giants allocate billions in windfall profits and what it means for energy transition.
Read AnalysisWhat the SPR actually does, how it's been used, and why its current level matters for both markets and national security.
Read AnalysisAccountability reporting on the petroleum industry's environmental footprint.
of global CO₂ emissions from fossil fuel combustion
oil spills reported globally per year
US Inflation Reduction Act for clean energy transition
IEA net-zero emissions target year
Oil companies are investing billions in renewables — but critics say it's still far less than their continued fossil fuel expansion.
CCS technology is a cornerstone of Big Oil's climate plans. But current scale is tiny compared to what's needed.
Dozens of states and cities are now suing major oil companies for climate damages — and early rulings are going against the industry.