2015: Tough times ahead for Big Oil
Things don’t seem to be getting any easier for Big Oil and I am going to venture a guess that 2015 is going to be their toughest year yet. Here are a few of the hurdles that are only going...
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2026
2026
KXL is “like two bald men fighting over a comb”
As the political squabbling over Keystone XL continues to dominate the political landscape in Washington, yesterday the Senate energy committee voted 13-9 in favour of a bill that would force construction of the controversial pipeline.
Bankers Warn of “Unburnable” Carbon As UN Talks Open
The Lima UN climate talks which open today were always the diplomatic aperitif before the main three course carbon-fest in Paris next year. However they open with a renewed sense of optimism that after 20 years of delay and political...
BP Sides with President Putin
The oil industry always maintains that politics is a job for somebody else – it just gets on with drilling for oil and gas. The line is a fallacy of course, as the industry uses its economic might to prop...
Viking Protestors Descend on the British Museum
Many visitors to the iconic British Museum in London got more than they bargained for on Sunday, when hundreds of protestors descended on the Museum to protest against BP's sponsorship of a major exhibition on Vikings.
Neil Young: Tar Sands Are a “War Zone”
Rock legend Neil Young continued his week-long “Honor the Treaties” tour of Canada yesterday by likening the tar sands to a war zone.
Shell in Nigeria: Its Worse than Bad
And so it goes on. It might be a different day but the ongoing vortex of violence, pollution, protest and conflict continues in the Niger Delta. The oil giant, Shell is at the middle of this vortex, as it has...
The Price of Fracking – Report Back from Stop the Frack Attack
“I haven’t seen an issue that’s affected so many people in so many places,” Doug Shields, former member of the Pittsburgh City Council, remarked at Stop the Frack Attack rally last Saturday. And indeed, the thousands assembled on the lawn...
Locals Vent Anger After Chevron Refinery Fire
The fire that engulfed Chevron’s refinery late on Monday night in Richmond, California may now be extinguished, but worrying questions remain about the company’s ongoing safety record at the refinery. The fire caused a huge toxic black cloud to sweep...
Oil Industry Profits: The big, the bad and the subsidized
Sources: Compiled from the quarterly results of each company, publicly available on the investor pages of each company's websites. $135 billion Not the 2010 GDP of Hungary or Kuwait, no it's slightly more than either of those. In fact,...