Blog

There has been increasing speculation over the last twenty-four hours that the oil price might start to rally upwards.

When oil prices crashed late last year, the high-cost and capital intensive tar sands sector took a hit. The industry had already been showing signs of weakness with underperforming stocks, project cancellations, and serious concerns about market access. But low oil prices have driven a whole new level of cost cutting and project delays.

To coincide with this year’s Earth Day, a group of globally recognised scientists and economists have issued a statement calling for three quarters of the world’s remaining reserves of fossil fuels to remain buried.

As the Albertan election heats up, the worsening economy – in large part caused by the plunge in oil prices – is taking centre stage in the province’s election campaign which comes to a head in early May.

The EIA's new crude-by-rail data confirms what we always knew. That Keystone XL cannot be replaced by rail and will have a serious climate impact.

Any way you look at it, Teck's proposed tar sands mine, 'Frontier' is a bad investment.

As we mark 5 years since the start of the BP Gulf oil disaster, we stand with Gulf South Rising and all those resisting the industry. The Seas are Rising and So Are We.

Forget Shell's takeover of BG - it's time for Big Oil to plan for managed decline

The global oil price rose slightly this morning on the back of the news from the US government that US shale oil output is expected to fall for the first time in four years.