Sir Richard Branson, the head of the Virgin group of companies, yesterday committed $3bn to "tackle" climate change. The billionaire pledged all profits from his Virgin air and rail interests over the next 10 years to combating rising global temperatures....
Congressional Democrats have introduced legislation that would bar some international companies from receiving U.S. government contracts if they continued to do business with Sudan. The bill is an attempt to put pressure on Sudan to do more to end the...
There are signs that there is a growing diplomatic row between the US and Russia over energy and trade. The Times has reported how “American oil companies Chevron and ConocoPhillips could be shut out of a massive Arctic gas project...
The Bush administration has blocked release of a report that suggests climate change is contributing to the frequency and strength of hurricanes, the journal Nature has reported. Scientists at the National Oceanic and Atmospheric Administration - part of the Commerce...
An horrific story in today’s New York Times about how a global oil company dumped up to 400 tons of toxic waste on the doorstep of some of the world's poorest people in the Ivory Coast in order to save...
Here is Rich Cookson's second blog from Sakhalin Island, off Russia's east coast. Rich writes: "The Sakhalin Energy (SE) project, Sakhalin II, is the second of nine planned extraction projects around Sakhalin. Exxon holds a 30 per cent stake in...
Here are two great recent reports detailing EXACTLY how oil companies rip us all off, from Consumers Union. Although its been woefully under-reported in both the traditional and alternative media, the conclusions of CU's May report ("Debunking Oil Industry Myths...
Public relations trade magazine, PR Week has reported that BP has “more than doubled the number of external communications people” working in its Anchorage office due to its current problems in Alaska. According to PR Week, “the company's image is...
The fall-out from BP’s Alaskan fiasco continues. The company’s shareholders have now filed a lawsuit against top executives accusing them of letting investors down by failing to repair the pipeline that forced the shutdown of part of Prudhoe Bay. The...
Why hasn't the rising market price of oil plunged the world into a global recession? I'm not going to pretend I know the answer but a few otherwise unrelated articles I read today got me thinking about whether or not...
