Now Statoil Pulls Out of Alaska
There was more good news from the Arctic yesterday, when Norwegian oil company Statoil announced it was “exiting” the region, following recent exploration results in neighbouring oil and gas leases.
Search results
Select Date Range
2026
2026
What happened to Canadian heavy crude prices this summer and where might they go from here?
We reported in our June Newsletter that the difference in price between the Canadian heavy oil benchmark Western Canadian Select (WCS) and the U.S. light crude benchmark WTI had narrowed to $8 a barrel (bbl). This was remarkable in light...
Newsletter: Beware cheap oil – campaigning in the oil price cycle
Media reporting on oil price changes tends to focus on the ‘new normal’, and often overlooks that oil prices have always been cyclical. What might we learn from the cycle, in order to think about longer-term campaign strategy? In particular,...
Scientists Find Toxic Chemicals Near Frack Sites
Last week, a new peer-reviewed study was published by the University of Texas at Arlington which found toxic chemicals in over two-thirds of drinking wells near fracking sites.
Forecasts of convenience: why is the fossil fuel industry mapping our energy future?
Would you take it seriously if tobacco companies announced that smoking trends weren’t expected to change much over the next 30 years? And imagine then, that this is what governments used to make tobacco policy: “Forecasts show that people aren’t...
Shell Suffers Mishap in “Doomed” Arctic Drilling Campaign
Shell’s comedy of errors that is its Arctic drilling campaign never ceases to amaze. You would have thought the oil giant would have learned from its disastrous attempt three years ago when one of its drilling rigs, the Kulluk, ran...
What about Norway’s Oil Deals With Russia?
As Europe gives Russia a week’s grace to reverse its military actions in Ukraine or face a new round of sanctions, the oil industry just carries on investing with Russia regardless.
Global Commission on Climate: “End fossil fuels subsidies”
Next week, on the 23 September, the United Nations will hold its most important climate summit for years in New York, which will attended by some 125 heads of state.
“To put pressure on Putin, you put pressure on Exxon”
Sanctions that would make it impossible for Exxon to do business with Russian oil companies such as Rosneft would leave Putin's Arctic dream in tatters. But they would also undermine Exxon's dreams too.
Major Victory As Oil Company Pulls Out of Africa’s Oldest Park
It has all the ingredients for an international blockbuster novel: The stunning setting of Africa’s oldest National park, home to half of all the species on the African continent, including one if its most endangered and iconic animals, the Mountain...