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Corrosion Crisis Spreads as Shell Criticised

The corrosion crisis within the oil industry continues to spread. Now Shell has been criticised by the shareholder action group, the Ecumenical Council for Corporate Responsibility (ECCR) over its corroded gas pipes in Ireland. Canon Christopher Hall, a Shell shareholder...

South American Cities At Risk As Glaciers Melt

New research has found that Andean glaciers are melting so fast that some are expected to disappear within 15-25 years, denying major cities water supplies and putting populations and food supplies at risk in Colombia, Peru, Chile, Venezuela, Ecuador, Argentina...

A Year on From Katrina…

A year after Katrina wrecked New Orleans, President Bush is touring the still devastated area. As his administration continues to receive a storm of abuse over its handling of the aftermath, a different storm is raging within the world’s scientific...

Oil Subsidies and the Excessive Savings of Poor Countries.

Why hasn't the rising market price of oil plunged the world into a global recession? I'm not going to pretend I know the answer but a few otherwise unrelated articles I read today got me thinking about whether or not...

Oil Industry “Hushing up” Corrosion Crisis

The oil industry is "hushing up" the extent to which corrosion is eating into pipelines and hitting production, according to an influential oil industry consultant who is also the head of the UK Royal Society of Chemistry. Richard Pike, who...

From Wales to Oz by Bus, Boat and Train

In just over a week’s time Barbara Haddrill will set off on a journey to attend her best friend’s wedding as a bridesmaid. But she is not going to fly the 10,000 miles from her home in Wales to Brisbane...

Could BP’s Problems Lead to $300 a Barrel?

Matthew Simmons is well known within the industry for his predictions on peak oil. He first shot to prominence by arguing that Saudi Arabia was running out of oil and had inflated its reserves figures. His findings were published in...

America Starts to Wean Itself off Oil

George W might have admitted that America is addicted to oil, but there have been two recent indicators showing the USA’s growing desire for alternative technologies. The American Wind Energy Association has announced that wind energy capacity in the US...

BP: Beyond Propaganda

I know I am in danger of becoming a BP-bore, but I am not the only one with an unhealthy obsession with oil companies and the way they operate. There was a fascinating piece earlier this week in the New...

BP Sued by Shareholders For Alaskan Shut-Down

The fall-out from BP’s Alaskan fiasco continues. The company’s shareholders have now filed a lawsuit against top executives accusing them of letting investors down by failing to repair the pipeline that forced the shutdown of part of Prudhoe Bay. The...