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Putin: “Era of Cheap Gas” at an End

Oil may be at its lowest level for years, but Russian Prime Minister Vladimir Putin has warned consumers that the "era of cheap gas" is coming to an end. At a meeting to create a new forum of gas exporting...

Paradise Lost

Thirteen years ago today, the world watched in horror as a brutal military dictatorship executed Ken Saro-Wiwa and eight other Ogoni activists. Ken and the others were fighting against Shell for a greater share of the oil waealth that was...

Now for the Oil Crunch

The following article ran in the Guardian (UK) and was written by Jeremy Leggett.  It is based on the publication of this report (large pdf). If eight companies across a broad spectrum of UK industry had warned, five years ago,...

The spoils of war are coming home…

It could be the ultimate irony for millions of people who opposed the illegal war in Iraq – within months when they switch on their heating or their cooker, they could be burning Iraqi gas. Their homes could be heated...

Climate Risk Set to Impact Oil Sands Development

It must be depressing being a banker these days. As stock markets plunge, banks go to the wall and confidence crumbles you will be looking for a safe place to invest your money. Gold is looking a good bet these...

Shell Seals $4 Billion Iraq Deal

Oh it’s so good to be back. After a 35 year absence Shell has become the first western oil company to land a major deal with the government in Baghdad since the invasion of the country five years ago. They...

The “You’ve Got To Be Kidding” Department

As news leaks out that the Alberta's government has launched a C$25 million PR campaign to greenwash oil sands, here is Kenny's final post from Alberta. Kenny goes behind the spin: "The rest of the world must share that hope....

Bush Lifts US Oil Exploration Ban

We have said it before and we will say it again. Once an oilman always an oilman. You can’t get crude out from your veins. Yesterday, in a sop to his oil industry buddies, George W. Bush lifted an executive...

India to Invest up to $10 Billion in Tar Sands

As oil creeps towards an unprecedented $150 a barrel the Indian Petroleum and Natural Gas Minister Murli Deora has denied that India and China were responsible for the recent oil rise. Deori said that the growth in consumption in India...