Royal Dutch Shell announced this morning that it would be abandoning its exploration program in the U.S. offshore Arctic for the “foreseeable future” (see our response here). After more than 7 billion dollars and many seasons of almost unbelievable mishaps...
Oil giant BP will pay nearly $21 billion to settle its 5 year old dispute with US Federal and State authorities over the Deepwater Horizon oil spill, which killed eleven workers, and spilt millions of gallons of oil across the...
If the oil giant Shell has learnt anything over the last few weeks, it is that it has few friends in its quest to drill in the Arctic.
The world’s first major tidal lagoon renewable energy scheme has moved a step closer after a Chinese construction company has been chosen to build the scheme in the UK.
Often the debate about the ecological and cultural impact of the Canadian tar sands focuses on the day to day: the carbon intensity of the mining operations and routine air and water pollution impacting the First Nations and other local...
Mexico is opening up its lucrative offshore oil fields for the first time in 80 years, and in the words of the Financial Times, which devotes a whole page of the paper to the subject, “it is shaping up to...
Many capital-intensive project proposals have been shuffled to the back burner as the oil industry grapples with cutting costs in the current low price environment. For the most part, companies have tended to shelve projects on the high cost frontiers...
Forget Shell's takeover of BG - it's time for Big Oil to plan for managed decline
It is no secret that Canadian tar sands oil is among the highest carbon, highest cost sources of oil in the world. Its rapid growth over the past decade has been the result of a near perfect storm of conditions...
Yesterday at the Royal Dutch Shell AGM in The Hague, the company’s leadership was grilled with questions and concerns about its high-risk plans for offshore U.S. Arctic oil exploration, and how it will square that circle with its apparent commitment...
