The saying in the city is that the markets do not lie. And after Friday’s late night deal to reach a settlement with plaintiffs for a reported $7.8 billion, shares this morning in BP are topping the FTSE 100. The...
Last week I blogged on the landmark legal case against Shell by Nigerians that was being heard in the Supreme Court. That’s not the only court-room Shell was in last week. In an extraordinary preemptive legal strike the oil giant...
It has been mentioned often that the mining of tar sands in Alberta, Canada can be seen from space. Recent composite images from the Air Force's Meteorological Satellite, brought to our attention by the great work at Skytruth.org, show another new form of North American...
At the height of the Deepwater disaster, then CEO of BP, Tony Hayward said it was only a drop in the ocean, so not to worry. BP’s scientists and cronies were quick to argue that the vast majority of the...
Some good news: The Environmental Protection Agency issued important rules to address air pollution from natural gas drilling, primarily fracking. Less good news: Bending to pressure from Big Oil, the measures won’t go into effect until 2015. The regulations will...
Sorry to hark on about this – but proponents of fracking keep on saying it is a precise science that is safe, which will not contaminate water supplies. But we know that is not true. We also know the technique...
Written by Ross Hammond With a little over a week before the Supercommittee must make its recommendations, all eyes are turning to the Republicans on the Committee to see whether one of them will break from Republican orthodoxy and support...
Written by Ross Hammond Residents of Cleveland and Buffalo (where I grew up) might be forgiven if they were not terribly excited about the prospect of having oil rigs off the shores of their fair cities. But according to Supercommittee...
Further to my blog earlier in the week criticising the Financial Times’ new “let’s happily drill the land of plenty” philosophy to oil shale and gas, of course there is downside to these new found reserves of oil. The big...
Finally the pretence is over. For years Canada said it cared about climate change at the same time as developing one of the most dirty fuels on the planet, the tar sands. But we knew it was a lie. For...
