Desperate times mean desperate measures. Something has to give. With no end in sight to the low oil price, Canadian tar sands companies are having to sell what are being described as their “jewels in the crown” in order just...
As the COP21 climate negotiations go down to the wire in Paris tonight, the UN Secretary General Ban Ki-moon has said the talks have been the most complicated and difficult he has ever been involved in.
- By Greg Muttit and Hannah McKinnon Last week, six European oil companies declared their apparent conversion to the climate cause. To much fanfare, Shell, BP, Total, Eni, Statoil and BG committed to being part of a constructive solution on...
If they knew him at all, the world knew Oronto Douglas as the former attorney for the writer, playwright and Ogoni human rights activist Ken Saro Wiwa.
The oil industry and its allies are used to dismissing those who are warning about climate change as a bunch of lentil-eating, sandal-wearing commies. But over the last few months we have seen a growing number of authoritative voices calling...
Shell has become the latest western company to cease its activities in Russia due to sanctions imposed on Russia over Ukraine. The oil giant has suspended its operations with its joint venture partner Gazprom Neft to frack Russian shale oil.
For over a decade now a growing band of activists and enlightened financiers have argued that if we are going to tackle climate change then a proportion of fossil fuels have to stay in the ground.
For many years now, a number of activists and analysts have argued that if we are serious about tackling climate change then the reserves of oil and gas in the ground need to be seen as liabilities and not assets....
Within hours, the giant will be dead. General Motors will be no more. The world’s largest car maker will file for bankruptcy in a New York court room. With $176.4bn of liabilities - it will be the world's largest industrial...
“This is an industry in crisis,” Amy Myers Jaffe, the associate director of Rice University’s energy program in Houston tells today’s New York Times. “It’s a crisis of leadership, a crisis of strategy and a crisis of what the future...
