Banks “Circling” Tar Sands Debt
The message from the markets for the North American oil industry is summed up in four simple words by the Financial Times today: “No respite for oil.”
The message from the markets for the North American oil industry is summed up in four simple words by the Financial Times today: “No respite for oil.”
As the shale gas revolution continues a pace in North America, so does its wider environmental impact. And nowhere is that more apparent than in the burgeoning demand for frac-sand.
We can’t go South, we can’t go West, we can’t go East, so, hey, lets’ go North”. That is the latest thinking of the Canadians in their increasingly desperate attempts to export the dirty, carbon intensive tar sands from Alberta.
A three and a half year battle by activists to find out more details of BP’s secretive sponsorship deal with Britain’s iconic art institution, the Tate, will finally be resolved on Thursday this week.
In the diplomatic fallout from the crisis in Crimea, European leaders are said to be scrambling to reduce their dependence on Russian gas. You cannot negotiate with Putin if he holds all the aces.
World Bank Group finance for projects that included fossil fuel exploration was highest in FY2013, at nearly $1 billion out of $2.7 billion total for fossil fuel projects in 2013.
This week a unique gathering will take place in Washington which people are urged to participate in to show their opposition to the controversial Keystone XL pipeline.
It was not a normal day in DC. But then it was Earth Day. But even for a day that celebrates our relationship with our fragile planet, this was something special. It was unique.
The North American fracking industry is hailing the production of its billionth barrel of fracked oil from the vast Bakken oil fields as a cause for celebration.
Last week the Chief Executive of Occidental Petroleum, a mega-fracker, told analysts and investors if “towns don’t want us there, we won’t be there.” What he failed to mention is that they’ve got the Governor in their pockets doing the...