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2026

2026

North Slope Crude Breaks $70 a Barrel for First Time

BP's pipes in Alaska might be leaking like a sieve, but its coffers are nice and healthy. North Slope crude oil closed above $70 a barrel for the first time on Wednesday – on the back of concerns about Iran...

More Shell Greenwash

More greenwashing from Shell. The company has just released it Sustainability report for 2005. Shell and sustainability you might reason is a contradiction in terms. Not so, argues the company. The report is part of is “continuing dialogue with stakeholders,”...

Persian Gulf Needs Over $500bn in Oil Investment

The Persian Gulf states need to pump $523 billion over the next 25 years in exploration and production to meet a steady growth in global demand, according to the Abu Dhabi-based Emirates Centre for Strategic Studies and Research in a...

Keystone XL Could Cost Society Over $100 Billion per Year

The Keystone XL Pipeline's social cost of carbon could be as much as $100 billion per year. Until government agencies properly account for the cost of climate change caused by major fossil fuel infrastructure, projects like Keystone XL will continue...

KXL’s Supporters “Reach New Low”

KXL’s supporters have been quick to promote the oil train tragedy in Quebec arguing that the disaster proves that transporting oil by pipeline is safer.

Tar Sands: Britain is “Canada’s Partner in Crime”

Late last week on the eve of the Durban climate talks, the British Climate Change secretary, Chris Huhne boasted that Britain was showing “leadership” in the UN negotiations. But whilst Britain is bragging about leading the climate change fight, it...

Oil Sands in the Lower 48

For those worried about oil sands development in Alberta in Canada and what they will do to the climate and environment, they might also have to start worrying about events closer to home. Analysts say the lower 48 U.S. states...