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2026

2026

US Government Charging Oil Companies Low Rates

A statement released June 1 by the US Government Accountability Office (the "investigative" arm of Congress), finds that "the US federal government receives one of the lowest government takes [from oil and gas development] in the world." The testimony, delivered...

Heating up for Wolfowitz at the Bank

The Government Accountability Project (GAP) is accusing beleaguered World Bank President Paul Wolfowitz of trying to weaken references to climate change in the World Bank's Clean Energy and Investment Framework. GAP has released an internal summary of a February 2006...

“Nationalism” A Threat to Oil Supplies

Increasing state ownership and rising resource nationalism are emerging as the main long-term threats to global oil supplies, argues the consultancy, PFC Energy. The report highlights the shift in power towards state-controlled national oil companies. Multinationals own or have access...

Tell Shell – Hands Off Iraqi Oil!

Anyone in London next Tuesday and want to protest at the Iraqi Oil Law? Well get yourself down to Hammersmith to join the Hands Off Iraqi Oil Protest at Shell's Annual General Meeting. It is being held from 8.30 AM...

The Cruel Inequality of Climate Change

Next Friday a new report from the IPCC will underline the growing “climate divide” that is growing across the globe. The world’s richest countries, which have contributed the most to climate change, are already spending billions of dollars to limit...

McCain Warns of Vulnerability of Foreign Oil

In the third of three major policy addresses, Republican presidential candidate, John McCain has talked about the “great and urgent challenge - breaking our nation's critical dependence on foreign sources of oil”. In a speech to the Center for Strategic...

U.S. Increases Military Assistance In Niger Delta

The United States is stepping up its involvement in the Nigeria to counter growing violence in the Niger Delta. Theresa Whelan, Deputy Assistant Secretary of Defense, told a conference sponsored by the Center for Strategic and International Studies that the...

More Trouble for Iraq Oil Law

Four years ago this week, American tanks headed into Baghdad. At the time critics of the war said it was about oil. But those voices were dismissed. Then came Iraq's Oil Law which essentially hands control of much of its...

BP’s “Terrifying” Safety Culture

The top honchos at BP will be sweating as they await today’s publication of the US Chemical Safety and Hazard Investigation Board’s report into the Texas fire. By all accounts it will not make for comfortable reading. The ante has...

Climate Change Moves the Maple Tree

Vermont is famous for its maple trees. But for how much longer? Climate change is pushing the North American maple zone gradually but inexorably northwards towards Canada. According to Rupert Cornwell in the Independent, one day soon the maple may...