Iraq “Has Largest Oil Reserves”
As the world rapidly runs out of oil, one place seems to be swimming in the stuff, and no prizes for guessing who that is … Iraq has dramatically increased the official size of its oil reserves after new data...
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2026
2026
UK Fire: Total “To Admit to Negligence”
One of the world’s largest oil companies will admit in court today that Britain’s biggest peacetime explosion was the result of negligence, according to the Times newspaper. In a statement to the newspaper, Total UK confirmed that it had advised...
Bay Area Regulators Approve Global Warming Fees
Air pollution regulators in the Bay area have voted overwhelmingly to approve new rules that impose fees on businesses for emitting greenhouse gasses. The Bay Area Air Quality Management District's board of directors voted 15-1 to charge companies 4.4 cents...
Senator Quizzes Regulator on Speculators
So are speculators pushing the oil price up, and if so by how much? A leading American senator yesterday pressed the top futures market regulator for more information about speculation by big investment funds in crude oil futures. Commodity Futures...
Bolivia Seizes Control of Gas Pipeline
The Bolivian government has taken full control of a key gas pipeline company after talks with the foreign firm that held a controlling stake broke down. It is the latest move in the Bolivian president's recent effort to nationalise key...
Don’t Buy It! Tar Sands Oil Still Dirty
Deputy Premier of Alberta Ron Stevens is in Washington this week, meeting with Bush Administration officials and members of Congress to promote the importation of dirty tar sands oil to the United States. Oil Change and our coalition partners took...
UN: Fish Stocks Could Collapse
Major commercial fish stocks around the world could collapse within decades as global warming compounds damage from pollution and overfishing, according to the UN. "You overlay all of this and you are potentially putting a death nail in the coffin...
US Ready to Accept “Binding” CO2 “Obligations”
The US is ready to accept "binding international obligations" on reducing greenhouse gas emissions if other nations do the same, according to officials. The US hopes the world's major economies will conclude a "leaders' declaration" before the July G8 summit....
GOP Should Stop “Coddling Big Oil”
Interesting op-ed from a Silicon Valley newspaper by the CEO of Akeena Solar, which calls itself America’s leading solar installer. The CEO, Barry Cinnamon, argues “This week the House of Representatives will vote on the Renewable Energy and Energy Conservation...
Iraq Plans to Double Oil Output
Iraqi Oil Minister Hussein Sharistani said Iraq intends to almost double its oil production over the next two years per day from 2 million bpd to 4.5 million bpd within two years'. He said the goal will be reached thanks...