Oil Price “Turbulence” Still Affecting Tar Sands and Shale
A year on from the start of one of the biggest oil price plunges in recent history, it seems there is going to be no let-up in the turbulence caused by the oil price fluctuations.
A year on from the start of one of the biggest oil price plunges in recent history, it seems there is going to be no let-up in the turbulence caused by the oil price fluctuations.
Everywhere you look there is carnage in the oil industry as the reality of low oil prices begins to bite. From North America, to the North Sea and the Arctic, the low crude oil price is reshaping the size, shape...
A graphic published today by Oil Change International shows the carbon left in the ground in cancelled tar sands projects and the potential impact of continued action to stop tar sands pipelines.
The message from the markets for the North American oil industry is summed up in four simple words by the Financial Times today: “No respite for oil.”
Yesterday the American Journal of Medicine published a new scientific study which found that the clean up workers from BP's Deepwater Horizon disaster are at risk of developing cancer, leukaemia and a host of other illnesses.
Suddenly reserves worth billions of dollars are being thought of “stranded assets”, and that should include the tar sands.
The US could soon replace Saudi Arabia as the world’s leading oil producer, just as the Saudis promise to go green
This is a cross-post from Transition Voice. Written by Erik Curren Can the president who killed Osama bin Laden now stand up to Big Oil? Encouraged by comments made by House Speaker John Boehner that subsidies for oil and gas...
One of the ongoing tragedies of the Exxon Valdez oil spill is that thousands of people who worked on the cleanup are sick, have gotten sick, and continue to die from inhaling the lethal cocktail of oil and dispersant. The...
To paraphrase the great writer Samuel Langhorne Clemens, better known as Mark Twain: “Rumors of my death have been greatly exaggerated!" And so it is with the tar sands, one of the hottest debates in the energy industry. Its growing...