Search results

China Finds an Elephant

China has made its largest oil find in more than three decades, an offshore field with proven reserves of nearly 3 billion barrels, which should provide temporary relief from rising consumption and ease fears of energy insecurity. The discovery in...

BP’s Browne’s Final Fall From Grace

In the end it was not BP’s safety record or its leaking pipes in Alaska that was the final undoing for BP’s chief executive, Lord Browne, but it was his lying in court documents to try and protect his private...

Palm Oil: A Disaster Biofuel

Concerned about the planet? Thinking of running your car on biofuel? Well think again.. Within 15 years 98% of the rainforests of Indonesia and Malaysia will be gone, as they are torn down in the rush to boost palm oil...

Call for UK Firms to Quit the Niger Delta

A leading union leader from Britain’s offshore industry has called on all British oil companies to pull out of the volatile Niger Delta region until safety can be guaranteed. The call by Graham Tran, a regional officer of Amicus, one...

UK: No Change Over Climate Change

New research undertaken in the UK has found that few people are making significant changes to their lifestyle to counter climate change despite a widespread acceptance of its dangers. The survey found that while 80 per cent of the public...

China May Lead Iraq Oil Race

China may have sat out the Iraq war, but that does not stop it eyeing up the spoils of war. Desperate to find it new sources of oil to fuel its growing economy, it could be the first country to...

Reinvented Gore Returns to Capitol Hill

What a difference a few years makes. Last time he was on Capital Hill, Al Gore had to formally swear in George Bush who had just beaten him in the battle for the White House. Yesterday Gore returned to talk...

BP: “Organisational” Deficiencies Led to Fire

The long-awaited report by the US Chemical Safety Board concluded that “organizational and safety deficiencies at all levels of the BP Corporation” caused the fire at the company’s Texas refinery in 2005. The 335-page report calls on the U.S. Occupational...

Pardon My Skepticism

On March 5, the New York Times published a front-page story called “Oil Innovations Pump New Life Into Old Wells.”  Getting new oil from “played out” wells was the thrust of the piece; as the price of oil rises, it...

“I was Conned By C4”, Says Scientist

The “Great Global Warming Swindle” that showed on Channel Four in the UK last week and tried to argue that carbon dioxide emissions are not to blame for global warming, is it turns out, just a swindle. One of the...