Thank you. With your support, we are just more than a year into building an organization that is conducting strategic corporate and educational campaigns to diminish the power of the oil industry. But we need your help to keep challenging...
Unbelievable story from the New York Times from a few days ago about oil spas in Azerbaijan. According to the Times: “The petroleum spas of Naftalan in central Azerbaijan, one of the little-known but once popular vacation spots of the...
Nigeria’s torrid troubles show no sign of abating with the news that gunmen attacked an Agip oil terminal, killing one person and taking four foreigners hostage. Italy's Foreign Ministry has confirmed that that three Italians and one Lebanese national were...
Top oil exporter Saudi Arabia said today Opec was striving for a “fair and stable” oil price, of around US$60 for US crude. Wary of supposed high fuel stockpiles in the world's biggest fuel consumer the United States, some Opec...
Independent investment analysts “Investment U” are promoting Alberta’s oil sands as a “win-win” investment opportunity. They say: “the oil sands will soon be the single-largest source of foreign oil for the U.S. – even bigger than Saudi Arabia”. Oil producers...
Here is the official news: Oil giant Royal Dutch Shell has driven the FTSE London market to a new five-and-a-half year high, as shares in the company lifted 3 per cent after its third quarter figures came in better than...
Something strange is happening. Have you noticed it? The gas price is falling. The news that the price of crude oil dipped below $60 dollars has sparked a furious response as to why it is happening. Some are arguing that...
Ever wondered how much of the oil price is pure hype or fear? Well there is an interesting article in today’s New York Times, which quotes Michael Rose, the director of the energy trading desk at Angus Jackson in Fort...
Feeling a little queasy every time you fill up at the pump because of those high prices? Well you are not alone. Seven out of every ten Americans are now experiencing a real fiscal hit from higher fuel prices at...
The populist Russian newspaper, Komsomolskaya Pravda, ran the headline yesterday: "Russia takes first place in oil output rankings". The story was based on OPEC figures showing that Russia is now extracting more oil than Saudi Arabia. The figures reflect a...
