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Shell Settles Reserves Issue for $700m

Oil giant Shell is expected to pay out more than $700m in fines and compensation to settle the reserves fiasco that has dogged the company for the last few years. The figure was revealed by Shell after it offered to...

Halliburton Leaves Iran

Halliburton has said that its subsidiary in Iran had completed all its commitments and was no longer working in the country. In January 2005, the company said that it would not accept new work in Iran but that it would...

Carbon Cost of “Live Earth” Criticised

It is being billed as the concert that will awaken the world to the dangers of climate change. It took Bob Geldof’s persuasive powers to rally support in aid of Africa. Now, over twenty years after the first Live Aid...

IPCC Cites Humans in Climate Impacts

The New York Times reports that the latest IPCC report to be released today has found with “high confidence” that greenhouse gas emissions are at least partly responsible for a host of changes already under way, including longer growing seasons...

What else has the government not told us about climate change?

A report released this week by the Government Accountability Project (GAP), a whistleblower protection organization based in Washington D.C., demonstrates the politicization of climate science. According to GAP, political policies and practices "have increasingly restricted the flow of scientific information...

Halliburton Moves HQ to Dubai

Halliburton, the global oil services group once headed by Dick Cheney, America’s Vice-President, is to shift its headquarters from Texas to Dubai in a move that reflects the changing balance of power in the world’s oil industry. Dave Lesar, chief...

Police in Java say oil drilling is the cause of fatal mudflow

Since May 2006, a massive mudflow in Sidoarjo, East Java, Indonesia has left at least seven people dead, swallowed several villages, displaced 15,000 residents and destroyed 20 factories, all resulting in economic stagnation in the region. On Thursday, Indonesian police...

Climate Sceptic Alert

Oh yeah? Don't believe a word of it. You may have thought the long debate over whether humans are warming the Earth was finally over, especially given the recent warnings from the Intergovernmental Panel on Climate Change. But today Channel...

The Big Green Fuel Lie

Now the Independent newspaper has launched into biofuels with a front page lead in today’s paper. The biofuel bonanza is set to reach a landmark this week the US President, George Bush, arrives in Brazil to kick-start the creation of...

Al Qaeda Group Urges Attacks Against US Oil Interests

A Saudi Arabian terrorist group affiliated with Al Qaeda has urged Muslim militants to attack oil facilities worldwide, including in Canada, Mexico and Venezuela, to stop the flow of oil to the United States. Al Qaeda in the Arabian Peninsula...