Search results

Russia Halts Oil Flow to EU as Belarus Row Escalates

Russia has halted the delivery of oil to Europe via Belarus as the acrimonious row between the two countries escalates, raising fears of oil shortages in at least five countries. Transneft, Russia's state-controlled pipeline operator, said it had been forced...

Belarus Criticises Russia Over Gas Price Rise

Alexander Lukashenko, the Belarusian President, has criticized Russia over it recent gas price increases, calling them “shameless.” In retaliation, he is threatening to charge Moscow for transiting oil across his country. "If those in Russia, choking on this influx of...

Norway to Offset Flight Emissions

Norway, which is the world's third largest oil exporter, has announced plans to offset the greenhouse gases produced by public employees when they fly abroad by buying emissions credits. The move was announced by Norway's prime minister Jens Stoltenberg. "The...

Whither Peak Oil?

Originally posted at http://www.markfloegel.org If you’re a long time reader of these commentaries, you may have noticed the recurrence of a limited repertoire of subjects – the Iraq war, global warming, the evisceration of civil liberties in the U.S. and...

Iran Asks Oil Buyers to Pay in Euros

The world’s fourth largest oil exporter, Iran, is seeking payment for oil sales in euros as it shifts currency reserves out of dollars. The State-owned National Iranian Oil Company (NIOC), acting under instructions from the Central Bank of Iran, has...

Dictator’s Death May Spark Gas Contest

The death of Saparmurat Niyazov, the idiosyncratic dictator of Turkmenistan, the former Soviet republic, could trigger a new round in the fierce battle between the United States and Russia for control of Central Asia's huge oil and gas reserves. Turkmenistan...

PetroChina to Buy Iranian LNG

PetroChina, the country’s largest oil company, has signed a 25-year agreement to buy three million tons of liquefied natural gas a year from Iran to supply terminals it plans to build on China's northern coast. Gas deliveries will start in...

What we’ve done…

Thank you. With your support, we are just more than a year into building an organization that is conducting strategic corporate and educational campaigns to diminish the power of the oil industry. But we need your help to keep challenging...

An Oil Bath for Xmas…

Unbelievable story from the New York Times from a few days ago about oil spas in Azerbaijan. According to the Times: “The petroleum spas of Naftalan in central Azerbaijan, one of the little-known but once popular vacation spots of the...

More Kidnaps in Nigeria

Nigeria’s torrid troubles show no sign of abating with the news that gunmen attacked an Agip oil terminal, killing one person and taking four foreigners hostage. Italy's Foreign Ministry has confirmed that that three Italians and one Lebanese national were...