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2026

2026

Bush: Open ANWR to Ease Gas Crisis

Like a record stuck in a bad groove, President Bush has reiterated his call for Congress to open more areas for drilling, including ANWR. "If Congress is truly interested in solving the problem, they can send the right signal by...

Dead Ducks Spoil Ron’s Day

Pity poor Ron Stevens, Alberta's deputy premier, who is in Washington to spin the oil sands story and tell Congress that the province represents an "environmentally responsible source of energy supply to the United States". The timing could not have...

Iraq: Cabinet Gives Green Light to Oil Deals

Iraq's cabinet has given the green light to the Oil Ministry to sign agreements with international oil companies to help increase the nation's crude output. The two-year deals, known as technical support agreements, or TSAs, are designed to develop five...

Oil Sands Plan On Hold Over Climate Fears

This is an interesting story that could have wide reaching implications. A Federal Court decision has sent Imperial Oil's $7 billion Kearl oil-sands project in northern Alberta back to a review panel over concerns over greenhouse gas emissions. Yesterday's ruling...

Nigerian Rebel Pipeline Uncovered

Ever fancied having you own oil supply on tap? Nigerian security forces have discovered a pipeline they say was used by a powerful Niger Delta gang leader to steal petroleum products from a state oil refinery. The pipeline runs from...

Canada Seeks Excemption for Oil Sands from US Law

The Economist notes that the Canadian government is now scrambling to secure an exception to The Energy Independence and Security Act 2007 over Canada’s dirty oil. "The Act bans federal agencies from buying alternative or synthetic fuel, including that from...

Rosneft Set to Increase Oil Output by Half

Russian state oil company Rosneft will increase output by a half by 2020 due to new assets and fields, according to its head as it aims to become the world’s top listed oil producer. Sergei Bogdanchikov said Rosneft will produce...

LNG Tankers Vulnerable to Terror Attack

A report by US watch-dog, the Government Accountability Office has concluded that the Coast Guard lacks the resources to adequately protect tankers carrying liquefied petroleum or crude oil from a possible terrorist attack. The report concluded that the Coast Guard...

Oil Sands Companies Fail in Green Audit

A new report comparing the environmental performance of Alberta's oilsands producers against each other has found that even the winners have little to brag about. The groundbreaking study by the Pembina Institute and the World Wildlife Fund, compares 10 operating...

The Oil Majors Still Outpace the Chinese in Africa

Interesting article from today’s Financial Times about China’s search for oil in Africa. It states: “Conventional wisdom suggests that China's energy companies are marching across Africa, shoving aside established majors and grabbing huge oil reserves with the help of bottomless...