Independent investment analysts “Investment U” are promoting Alberta’s oil sands as a “win-win” investment opportunity. They say: “the oil sands will soon be the single-largest source of foreign oil for the U.S. – even bigger than Saudi Arabia”. Oil producers...
The corrosion crisis within the oil industry continues to spread. Now Shell has been criticised by the shareholder action group, the Ecumenical Council for Corporate Responsibility (ECCR) over its corroded gas pipes in Ireland. Canon Christopher Hall, a Shell shareholder...
I am back from holiday, so lets go straight back to BP. The news that BP had to shut over half of its vast Prudhoe Bay operations because of pipeline corrosion has made headlines across the globe. It has also...
It has been almost a month since Israeli planes bombed the Jiyeh power plant 12 miles south of Beirut and triggered the largest oil spill in the history of the eastern Mediterranean. About two weeks ago the United Nations Environment...
Sunday’s local newspaper reported that gasoline sales in Vermont were 13 percent below prediction in February of this year and almost 15 percent low for May. I have no theories on the May swoon, aside from the toll continued high...
The dragon is thirsty. China's consumption of oil has risen exponentially in the past decade and by last year it was the largest oil importer after the US. Slowly but surely China is buying up foreign oil and gas reserves...
BP has announced that it is planning to spend $500 million to set up a biofuels research centre that will be attached to a major US or UK university. BP says the centre – which will be called the BP...
A bipartisan group of western US governors – the Western Governor’s Association - has finally acknowledged that greenhouse gases are on the rise. They are now arguing that action is needed to reduce global warming. But here is the catch...
More greenwashing from Shell. The company has just released it Sustainability report for 2005. Shell and sustainability you might reason is a contradiction in terms. Not so, argues the company. The report is part of is “continuing dialogue with stakeholders,”...
Celebrated UK green activist and Guardian columnist, George Monbiot, today argues that “This is embarrassing, but I've become a fossil fuel supporter”. He argues: “I find myself at odds with almost everyone, by deciding, at the worst possible moment, that...
