Search results

Shares in BP are falling this morning - 3 per cent in early trading so far – on the news that it could face penalties of $21 billion-plus if found fully liable for damages in a US federal lawsuit regarding...

On Saturday the outgoing Democratic governor of New York State, David Paterson ordered a seven-month moratorium on some natural gas drilling in the state. He issued an executive order prohibiting high-volume hydraulic fracturing of horizontally drilled wells. The order stands...

The mood may be different this year, but the message is the same. The time to act is now. If we are to keep global temperatures to below a 2 degrees Celsius rise, nations have to implement the pledges made...

Its not rocket science. But if you delay further expansion of offshore drilling because of the Deepwater disaster, then you risk compromising the supply of future oil supplies. If deepwater drilling is where over a quarter of new oil reserves...

As G20 leaders prepare to meet later this week in South Korea, they face a daunting in-tray. But amongst the issues they need to address are fossil fuel subsidies. In part they have created a rod for their own back....

This report, prepared by Oil Change International and Earth Track, is the first independent evaluation of the success of the G20 Pledge to phase out fossil fuel subsidies. The report reveals large gaps in the reporting of subsidies and that...

California's Proposition 26 would increase the legislative vote requirement from a majority to two-thirds for new and increased state and local fees and charges. Many of California's environmental protection programs are funded with such fees.  Opponents of Prop 26 say...

Slowly but surely BP is trying to rebuild its battered image and rebuild the way it does business. Part of that process is rebuilding its internal processes and values and the way it rewards success. In an innovative move, the...

Nigeria was once Shell’s jewel in its crown. But for so long it has been the thorn in its side. Whether its pollution, collusion, corruption, bribery or false accounting, Shell’s Nigerian subsidiary has been accused of them all. So many...

The good old American Petroleum Institute is up to its old tricks again, scaremongering over jobs. The API held “citizen” rallies in seven cities in early September to discuss the effect of energy legislation on jobs, arguing that many jobs...