$100 Billion. That's what the big 5 oil companies have made in profits since January 1. $102.85 billion to be more precise, according to my own calculations (see table below). That means that they’re on course to top $140 billion...
The 12 members of the Joint Select Committee on Deficit Reduction, or “supercommittee,” have received at least $4.2 million in campaign contributions from dirty energy interests lobbying to keep their wasteful taxpayer subsidies, according to a new report from Oil...
The world’s largest mining company, BHP Billiton has signalled it too wants to get in on the shale gas revolution sweeping the US, despite the growing controversy over fracking. In a deal announced late last week, BHP agreed to pay...
This Wednesday is going to be a painful day for many. The first Anniversary of the Deepwater Horizon will be a deeply painful day for many of the workers who were on the fateful rig, and the families of the...
Fifteen years after the execution of Nigerian playwright and activist Ken Saro-Wiwa, new compelling evidence has surfaced that suggests that the Nigerian military killed the four Ogoni elders that Saro-Wiwa was later accused of murdering. The new evidence also reveals...
On Saturday the outgoing Democratic governor of New York State, David Paterson ordered a seven-month moratorium on some natural gas drilling in the state. He issued an executive order prohibiting high-volume hydraulic fracturing of horizontally drilled wells. The order stands...
So its game on. The EPA may be under attack from the Republicans, but its not rolling over and waiting to be stripped of its powers, without a fight. It is taking on Big Coal in the battle over mountain...
This post is cross-published from ProPublica. Congress isn’t going to regulate hydraulic fracturing any time soon. But the Department of Interior might. [2] For starters, Interior is mulling whether it should require drilling companies to disclose the chemicals they use...
In many ways it has been a lengthy legal fight like no other. On the one side are tens of thousands of poor Ecuadorian Indians and on the other the raw might of American Big Oil, in the shape of...
Tullow Oil is "approaching the finishing line" in talks with the Ugandan government to resolve a tax dispute that has held up plans to bring in new partners to exploit its oil reserves there. Tullow expects to reach an agreement...
