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New Stand.earth data: Banks and investors enabling US oil push in Venezuela

Banks financed $120+ billion to nine U.S. oil companies set to profit

Exclusive data released today from Stand.earth reveals that since 2021, banks including JPMorgan Chase, HSBC, TD, RBC, Citi, Wells Fargo and Bank of America committed more than $124 billion of financing to just nine fossil fuel companies set to most benefit from the U.S. recent illegal invasion of Venezuela. In 2025 alone, banks financed over $42 billion to these nine companies, more than half of…

2026-01-15 | Stand.earth

Blog

BankTrack news BankTrack blog Partner news Partner blog

New Stand.earth data: Banks and investors enabling US oil push in Venezuela

Banks financed $120+ billion to nine U.S. oil companies set to profit

2026-01-15 | Stand.earth

Blog

BankTrack news BankTrack blog Partner news Partner blog

Investigation: FMO failed to exercise adequate control over project linked to the murder of Berta Cáceres

2026-01-13 | Tegucigalpa/Utrecht | Both ENDS

Blog

BankTrack news BankTrack blog Partner news Partner blog

Santander’s support for Carbon Measures risks enabling a major setback for climate accountability

BankTrack blog

2026-01-06 | Nijmegen | BankTrack

Blog

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Financial institutions urged to follow UKEF and Atradius DSB in withdrawing from Mozambique LNG

2025-12-18 | Maputo | BankTrack, Friends of the Earth Japan, Justiça Ambiental (JA!)/Friends of the Earth Mozambique, Les Amis de la Terre France, Reclaim Finance

Blog

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Europe’s largest banks stalling on climate action as risks accelerate

2025-12-11 | ShareAction

Blog

BankTrack news BankTrack blog Partner news Partner blog

NGOs submit first formal Equator Principles complaint against MUFG and potential financiers of the Papua LNG project

2025-12-10 | Port Moresby/Melbourne/Tokyo/Paris/London | Asian Peoples’ Movement on Debt and Development (APMDD), Centre for Environmental Law and Community Rights (PNG), Japan Center for a Sustainable Environment and Society, Jubilee Australia Research Centre, Market Forces, Reclaim Finance

Blog

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Banking industry's biggest steel client ArcelorMittal hit with complaint over climate inaction

2025-12-09 | BankTrack, Opportunity Green

Blog

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New mapping project reveals surge in LNG expansion

2025-12-02 | New York, London, Paris, Seoul | BankTrack, urgewald, Andy Gheorghiu, Center for Energy, Ecology and Development (CEED), Food and Water Watch, Les Amis de la Terre France, Market Forces, Rainforest Action Network, Reclaim Finance, ReCommon, SFOC, Stand.earth

Blog

BankTrack news BankTrack blog Partner news Partner blog

Gitanyow hereditary chiefs to major banks & pensions: Investing in Ksi Lisims LNG a major risk

Letter endorsed by 125+ civil society organizations

2025-12-02 | Gitanyow Lax’yip (Northwestern British Columbia, Canada) | Gitanyow Hereditary Chiefs, Stand.earth

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Spotlight

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New report: Banking on Biodiversity Collapse 2025
After ten years of paper promises, it’s time to regulate finance

Pollution Generale: Burning the planet, responsibly.
Sometimes, even environmentalists need a day off. That's why this bank funded coal production through loopholes in its own coal policy. Made by Serious People.

Target Dodgy Deals

GEO Group

United States | company

Mozambique LNG

Mozambique | project

JSW Utkal Steel plant and captive coal power station

India | project

Adani Group

India | company

East African Crude Oil Pipeline (EACOP)

Uganda | project

CoreCivic

United States | company

Perusahaan Listrik Negara (PLN)

Indonesia | company

Simandou Iron Ore Project

Guinea | project

All Dodgy Deals

Focus banks

FMO

Netherlands

A major investigation found FMO funds were misappropriated to finance illegal activities in connection with the murder of Berta Cáceres in Honduras 10 years ago.

Banco Santander

Spain

BankTrack is calling on Banco Santander to abandon its support for Carbon Measures, a flawed carbon accounting scheme backed by Exxon which risks enabling a major setback for climate accountability.

HSBC

United Kingdom

In November, HSBC published its Sustainability Risk Policies Framework. The bank removed previous commitments and opened the door for more fossil fuel financing.

Bank of America

United States

Stand.earth data shows Bank of America has committed more than any other bank to nine fossil fuel companies set to benefit most from the US' illegal invasion of Venezuela in January.

All banks

Campaigns and projects

Banks and Climate

Banks and Human Rights

Banks and Nature

All campaigns and projects

Latest publications

    
    Banking on Biodiversity Collapse 2025

                    2025-11-05 00:00:00
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                        Forests & Finance                    
                                    
    EACOP Finance Risk Update #6

                    2025-10-23 00:00:00
                     |
                    
                        BankTrack & partners                    
                                    
    Mining and Money 

                    2025-09-03 00:00:00
                     |
                    
                        Forests & Finance Coalition including: Rainforest Action Network, TuK Indonesia, Profundo, Amazon Watch,
Milieudefensie, CED Cameroon, Repórter Brasil, BankTrack, Sahabat Alam Malaysia,
Friends of the Earth US and Observatório da Mineração                    
                                    
    Banking on climate chaos 2025

                    2025-06-17 00:00:00
                     |
                    
                        BankTrack, urgewald, Center for Energy, Ecology and Development (CEED), Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance & Sierra Club