There are always those who will want to profit from war or the threat of war, as unscrupulous as it may seem. And for the American oil and gas industry there is no exception.
In a dramatic turn of events, it looks like all bust and no more boom for the Alberta tar sands, according to our recent analysis based on industry data. In reality, future rates of production will likely be insufficient to...
The U.S. Export-Import Bank (Ex-Im) provides financing and insurance for the export of U.S. goods abroad, including an average of over $4 billion dollars each year over the last 7 years for oil, gas and coal projects. Ex-Im’s authorization, which...
Today, in the first major test of President Obama’s Climate Action Plan directive to end financing for overseas coal projects, the U.S. Export Import rejected the financing of U.S. exports to the 1200-megawatt Thai Binh Two coal-fired power plant in...
New data on Iraq oil revenues suggests that country's government will reap an even larger than expected windfall this year — as much as $70 billion — according to the special U.S. auditor for Iraq. New figures from Iraq's government...
There has been a great victory for the global End Oil Aid Coalition. With a resounding majority (540 MEPs in favour), the European Parliament yesterday passed a resolution on trade and climate change which calls for “the discontinuation of public...
As oil prices hit another record, breaching the $81 a barrel mark for the first time, there is yet another warning that the oil price is likely to hit US$100 a barrel by the end of next year. This is...
UPDATE 5/14 - the strike deadline has now been moved until Thursday May 17th. Take Action to Urge the US Congress to drop the Iraqi Oil Law "Benchmark" Oil Strike Postponed for Negotiations with Prime Minister Monday May 14th -...
Today, the European Commission released its Affordable Energy Action Plan, which includes a controversial proposal to purchase long-term Liquefied Natural Gas (LNG) contracts and invest in LNG export infrastructure, including in the US as confirmed by Commissioner Dan Jørgensen at...
As every major fossil fuel company and top energy officials gather for CERAWeek, a coordinated international protest movement will launch demonstrations against what organizers call "the fossil fuel industry's stranglehold on democracy."
