Here is Rich Cookson's second blog from Sakhalin Island, off Russia's east coast. Rich writes: "The Sakhalin Energy (SE) project, Sakhalin II, is the second of nine planned extraction projects around Sakhalin. Exxon holds a 30 per cent stake in...
Here are two great recent reports detailing EXACTLY how oil companies rip us all off, from Consumers Union. Although its been woefully under-reported in both the traditional and alternative media, the conclusions of CU's May report ("Debunking Oil Industry Myths...
Public relations trade magazine, PR Week has reported that BP has “more than doubled the number of external communications people” working in its Anchorage office due to its current problems in Alaska. According to PR Week, “the company's image is...
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...
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...
After a two-year investigation, the US Securities and Exchange Commission has announced it will not be taking any action against former Shell boss Sir Philip Watts. The ex-Shell Chairman was being investigated over the oil and gas reserves overbooking crisis...
US Representative Jeb Bradley, Republican of New Hampshire, is under fire for owning nearly $1 million in oil, gas and electric company shares, whilst consistently “voting with energy interests since taking office, often stripping key environmental and consumer protections in...
Trouble is brewing for the oil industry is Latin America. First it was Venezuela that refused to privatise its oil industry and then slapped an 80 per cent tax on their operations- Bolivia followed suit by renationalizing foreign oil companies’...
If you thought the new Iraqi government would govern Iraq for the people, well, I''m sorry. Think again. Good article on Alternet today about who controls Iraq's oil fields. It quotes Antonia Juhasz, author of “The Bush Agenda,” who has...
The headline says it all: "The Man Who Sold the Planet". Today’s Independent newspaper launches a major offensive at Exxon and Lee Raymond, the "Darth Vader of global warming" for their “denial that carbon emissions cause climate change”. Reporting on...
