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2026

2026

Japanese Support of CP2 LNG Export Terminal Fuels a Carbon Bomb

Projects like CP2 will never be built because of fierce opposition by frontline communities. But instead of taking note, Japanese financiers and companies are doubling down on support for US LNG which poses tremendous financial, social and environmental risks.

US Frackers to “Pump and Pray”

The oil industry often prides itself in pushing the boundaries of technology. The whole fracking revolution has been driven by the industry pioneering new techniques to exploit oil and gas that was previously out of reach.

API’s Latest “Ridiculous” Anti-Tax Campaign

Any regular reading of this blog will know that that the good old American Petroleum Institute (API) is fairly wizard-like when it comes to conjuring up numbers of how many people the industry supports or employs. Up to September 2009,...

“Compromised” API Set for Key Safety Role

So its back to business as usual. Bob Dudley, BP’s chief executive, is set to announce a resumption of dividend payments tomorrow as a signal to investors that the oil giant is back on track, after last year’s Deepwater disaster....

Carbon Offsets: “a heightened potential for deception”

The US Federal Trade Commission, which regulates advertising in the US, is investigating America’s burgeoning carbon offset market and whether it is subject to greenwashing and misleading advertising. Companies and shoppers in the US spent over $54 million last year...

Old School Profits – More on Exxon Mobil’s fat profits

The news that ExxonMobil has just posted the highest profits in history should bring down to earth those congenital optimists who, for the last 20 years or so, have been claiming that the best way to do well is to...