UK Universities Take $50 Million in Fossil Fuel Funding Since 2022

Major fossil fuel companies have committed tens of millions of pounds in funding to UK universities since 2022, it can be revealed, despite many of these institutions having actively pledged to divest from oil and gas. From a report: According to freedom of information requests submitted by the climate journalism site DeSmog, more than $50m in research agreements, tuition fees, scholarships, grants and consultancy fees have been pledged to 44 UK universities by 32 oil, coal and gas companies since 2022. The largest contributors were Shell, the Malaysian state-owned oil company Petronas, and BP. These three companies account for more than 76% of the total figure awarded, having given $25.5m, $6.30m and $5.94m respectively. A further 10 companies made up nearly 21% of the remaining contributions during this period: Sinopec, Equinor, BHP Group, Total Energies, Eni SPA, Saudi Aramco, ExxonMobil, Scottish Power, Kellas Midstream and Ithaca Energy. Previous reporting from openDemocracy and the Guardian found that between 2017 and December 2021, $108.1m in funding was given to UK universities by some of the world's biggest fossil fuel companies. These partnerships have shown no sign of abating, and DeSmog's research shows an additional $50m has been pledged since 2022, even after 102 higher education institutions promised to stop taking funding from the fossil fuel industry.

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