US Shale Capital “Starting to Dry Up”
The US shale revolution is slowly grinding to a halt as the continuing low oil price takes its toll on the viability of fracking in the country.
The US shale revolution is slowly grinding to a halt as the continuing low oil price takes its toll on the viability of fracking in the country.
State regulators in Utah yesterday heard arguments both for and against the country’s first billion dollar tar sands mine, which is currently being constructed in the east of the State.
This past week has been beyond inspiring – a lot needs to change and people everywhere are making it happen. I was lucky enough to take part in and support a small slice of what’s been taking place.
As world leaders converged on the Swiss town of Lausanne over the weekend, their historic deliberations about Iran’s nuclear programme were said to have reached the “end-game” before the deadline at the end of the month.
If you had Googled “fossil fuels” and “stranded assets” a few years ago, you would have probably got no hits. But how times change.
For nearly two decades avid researcher, Kert Davies, has been hunting climate deniers and exposing their links to the fossil fuel industry.
Many people concerned about climate change may be focussed on the ongoing UN climate negotiations in Lima, but back home in the US it is business as usual for the oil and gas industry: they are secretly lobbying to delay...
Late last week, the Norwegian government issued a license to energy giant Statoil to allow it to start drilling in the controversial Arctic waters of the Barents Sea.
Finally one of Canada’s leading independent tar sands producers has conceded that it is partly to blame for a series of leaks of bitumen in Alberta that have been going on for over a year.
Last month, when the British Government announced that half the UK would be opened up to fracking, it was widely reported that the country’s treasured National Parks would be protected.