Exxon may be about to pocket millions in Iraq, but still its lackey’s are determined to derail climate legislation in the US. Energy companies and other business interests in the US have launched a nationwide campaign of misinformation to try...
It seems the Iraqi and American governments are not waiting to pass the controversial oil law to develop Iraq’s oil as things are moving a pace in the oil sector. Last week, General David Petraeus called on "large Western corporations"...
As the price of oil futures surged yesterday as investors worried about Iraqi oil output after a key pipeline was bombed near Basra, with impeccable timing Venezuelan President Hugo Chavez once again took a diplomatic swipe at his old enemy...
Top climate negotiators from more than 160 nations launched a new round of talks in Bangkok today aimed at setting out what is meant to be the most ambitious treaty yet for battling global warming. Opening the five-day meeting with...
How appropriate that Big Oil is being quizzed on April Fools Day In Washington. As five senior executives get hot under the collar infront of Edward Markey’s committee, international actions are taking place today to mark what has been dubbed...
So you think you're being ripped off by Big Oil? Spare a thought for the poor old American military in Iraq that is burning fuel at a staggering rate. Military units pay an average of $3.23 a gallon for gasoline,...
Sorry to bang on about this, but literally every day another voice comes out against biofuels. This time it’s the turn of Robert Zoellick, the President of the World Bank. Zoellick said: "In the US and Europe over the last...
So finally Bush has gone and Obama has arrived. For anyone watching yesterday’s inauguration, there was a real sense of history being made. But as Obama made his inauguration address, everyone was looking for clues as to what an Obama...
We might be in the biggest recession since the 1930s, with thousands of people losing their jobs on a daily basis, but at least someone is still making money. Yesterday, Shell announced it had made the biggest UK annual profit...
Iceland may be on the verge of a financial collapse but it may soon have another headache to deal with : being on the frontline of the new military and resource conflict of the Arctic. There is a going to...
