Shell’s Troubles Mount After “Staggering” Arctic Failure
Twenty four hours after Shell’s seismic announcement that it was pulling out of the Arctic “for the foreseeable future” the announcement is still making waves.
Read the latest insights and analysis from the experts at Oil Change International.
Twenty four hours after Shell’s seismic announcement that it was pulling out of the Arctic “for the foreseeable future” the announcement is still making waves.
The US shale revolution is slowly grinding to a halt as the continuing low oil price takes its toll on the viability of fracking in the country.
A report by the Institute for Policy Studies (IPS) reveals that fossil fuel bosses are receiving “stratospheric” levels of pay to explore and produce oil which we cannot afford to burn if we are to avoid catastrophic climate change.
Shell and BP base their business plans on projections of energy use that would lead to a disastrous 4-5 degrees centigrade of global warming
A year on from the start of one of the biggest oil price plunges in recent history, it seems there is going to be no let-up in the turbulence caused by the oil price fluctuations.
Any way you look at it, Teck's proposed tar sands mine, 'Frontier' is a bad investment.
Forget Shell's takeover of BG - it's time for Big Oil to plan for managed decline