Remarks made by Shell CEO, Peter Voser to the Financial Times Energy Editor that his company has “clearly scaled down” its plans for a massive expansion of tar sands production should send waves of anxiety through the Canadian oil industry...
The outgoing CEO of oil giant Shell, Jeroen van der Veer, has warned of “oil spikes” in the years to come as investment in the oil industry fails to keep up with demand. "There are going to be six to...
The problem when you have been waiting years for the main prize is that if you get offered second or third best, its never going to be good enough. So when a host of international oil companies started discussions over...
Happy Christmas Alaska. Exxon’s present to those desperate for compensation from the Exxon Valdez oil spill is its new defence in the U.S. Supreme Court that the $2.5 billion verdict the company was ordered to pay conflicts with more than...
A US congressional committee is to look at a gasfield development deal between the China National Offshore Oil Corp (CNOOC) and Iran to determine if US sanctions are called for against the Chinese company, Congressman Tom Lantos has said. Iran...
Here is the official news: Oil giant Royal Dutch Shell has driven the FTSE London market to a new five-and-a-half year high, as shares in the company lifted 3 per cent after its third quarter figures came in better than...
Car manufacturers in Europe were given a severe warning from the European Commission yesterday that they face stringent new laws if they fail to live up to their commitments to cut carbon dioxide emissions.European, Japanese and Korean carmakers were all...
With the melting of the ice after eight months, the Anglo-Dutch oil giant is set to enter a crucial offshore construction phase in the development of its $20bn [£11.2bn] oil and gas programme. Wildlife campaigners say the price of the...
In the first ever ranking of the Top 100 companies, BP and DuPont have come out as top "leaders" for their climate change strategies. Not surprisingly ExxonMobil is seen as a "laggard". The Survey, published by the Ceres Investor Coalition,...
"I won’t stop opposing this project in every way I can, because my children – and everyone’s children – deserve to breathe clean air, drink clean water, and live in a healthy environment."
