Oil Giant BP faces a barrage of criticism from investors at today's AGM at the Excel Centre in London Docklands over the environmental cost of its controversial tar sands project in Canada. BPās showcase presentation to investors and shareholders is...
In the course of the past month, BP tripled the number of tar sands projects itās developing, from one to three. While it rocked the tar sands industry back in December 2007, with its announcement of a joint venture with...
A radical shake-up of Britainās planning laws is going to be announced today which will make it easier for the government to fast-track or steam-roll large energy projects such as nuclear, gas orĀ power stations or even wind turbines. In...
According to a leaked letter, the Obama Administration is set to propose ending fossil fuel subsidies next week at the Pittsburgh G20. The letter, authored by Michael Froman who is an Obama advisor on international economic affairs, calls on the...
As president Obama reads the reactions to his first fleeting visit to the Middle East, his first proposed African visit is also causing quite a stir. In just over a month, Obama will undertake his first visit to the continent....
In January 2009, much of the worldās attention will focus on the shift of power from President Bush to Barack Obama. But the US is not the only place where there will be a significant power shift. The presidency of...
So says Maude Barlow, the chairwoman of the Council of Canadians, who has just been appointed to advise the United Nations on water issues, after a recent flight over the oil sands. During the trip, she saw steam rising from...
It wasnāt so long ago that the world worried when oil would reach $100 per barrel. Now oil is close to $120 and shows no sign of slowing down. The record price hike was due to nearly North Sea production...
The backlash against increasing royalties in Albertaās oil and gas sector continues. Canadian Natural Resources is warning that oil sands projects worth more than $20-billion could be shelved if proposals to increase royalties are fully adopted. It joins a chorus...
Interesting story from the Globe and Mail about new techniques being used to exploit Albertaās oil sands which offer a āpotential sea change in how Canadian companies wring energy from the ground.ā Most companies have traditionally pumped steam into their...
