Just days after outlining its business strategy BP is offering a massive $7 billion in cash to buy Devon Energy’s deepwater assets. In a broad-ranging deal, BP will pay Devon Energy $7 billion for assets in Brazil, Azerbaijan and the...
Continuing our African focus over the last couple of days, let’s turn to Somalia. I spent some six months in the country over twenty years ago and even then the American oil company Amoco was busy exploring for oil in...
As the shale gas boon sweeps America, there is a key battle going on between the oil and gas industry and environmentalists about the environmental impact of fracturing. Fracturing - where chemicals, sand and water are used to separate the...
Finally people are waking up to the concept that the fossil fuel industry’s supposedly wonder transition fuel – gas – may not be so green after all. It’s a subject I have covered on this blog before, notably questioning just...
The United States Joint Forces Command goes by the slogan “Ready for today. Preparing for tomorrow”. But the military planners are certainly getting worried about tomorrow. They argue that “Fossil fuels will very likely remain the predominant energy source going...
Timing, they say, is everything. Yesterday I blogged on the US military’s latest warnings on peak oil and how we face a severe energy crunch. The military planners examined different production methods and flagged up potential problems. With the Canadian...
When faced with a PR battle, one of the fossil fuel industry’s tactics is to set up a supposed grass-roots organisation or “Astroturf” organisation. So Citizens for the Environment had no citizens in it – it was just a front...
Big Oil company Chevron may have hoped that its legal troubles as far as Nigeria were over. However, in a great victory for human rights campaigners, the 9th Circuit Court of Appeals in San Francisco has fixed June 14, 2010...
All the news reports this morning are that a deal at Copenhagen is dead. Barack Obama has said that we had run out of time to secure a deal in December. This will please the corporate lobbyists no end. The...
President Obama has ended weeks of speculation by finally announcing that he is going to Copenhagen. For that he has to be congratulated. The fact that he is the first American President to attend the US climate meetings is also...
