Shell Seals $4 Billion Iraq Deal
Oh it’s so good to be back. After a 35 year absence Shell has become the first western oil company to land a major deal with the government in Baghdad since the invasion of the country five years ago. They...
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2026
2026
Gore: Its Time for Direct Action
Two weeks ago a jury in Britain ruled that it is acceptable to break the law if you are protesting against climate change. They acquitted six Greenpeace protestors who had been charged with $70,000 worth of criminal damage after painting...
Canada: The “Boring” Election that Matters
With the global financial crisis taking centre stage coupled with the US election you would be forgiven for forgetting that there is an election going on in Canada too, which will be held in a couple of weeks. So why...
Iraq to discuss Oil Law (Again!)
Kurdistan’s Prime Minister Nechirvan Barzani has confirmed that discussions with Baghdad over Iraq’s controversial oil law would continue within two weeks. “We will be traveling to Baghdad to start negotiations on the oil law in two weeks. It’s important that...
Less than Half Americans Have Heard of Oil Sands…
A survey by a major PR company, Fleishman-Hillard into how Americans and Canadians reconciled the need for new oil supplies against environmental concerns, has come up with some interesting facts: Despite the furore over oil sands, it found that less...
India to Invest up to $10 Billion in Tar Sands
As oil creeps towards an unprecedented $150 a barrel the Indian Petroleum and Natural Gas Minister Murli Deora has denied that India and China were responsible for the recent oil rise. Deori said that the growth in consumption in India...
BP Using “Bullying Tactics” in Russia
This fight is getting nasty, and when it is all over, the future of one of Britain’s biggest companies could have been decided. The dispute between BP and its Russian partners took a turn for the worse over the weekend...
Bush Lifts US Oil Exploration Ban
We have said it before and we will say it again. Once an oilman always an oilman. You can’t get crude out from your veins. Yesterday, in a sop to his oil industry buddies, George W. Bush lifted an executive...
Democrats call for Investigation into Iraq Oil Deals
Four Democratic senators, including Senator Carl Levin have called on the State Department's inspector general to investigate whether the agency encouraged lucrative oil deals between Iraq and several Western companies. Any back-room meddling would violate US administration policy, which was...
Oil Sands Project Suffers Setback
Imperial Oil, Canada's largest oil company, has lost a legal bid to overturn a federal regulatory decision that could delay the planned C$8 billion oil-sands project in Alberta. The Federal Court ruled that the government acted properly to cancel a...