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2026

2026

Two Killed In Niger Delta Clash

In a worrying development, at least two people have been killed in a clash between the Nigerian navy and the militant organization, MEND.  It occurred near an offshore oilfield operated by the Shell oil company. Militant groups had been observing...

Twelve Dollars a Year

In the late winter of 2006, the citizens of Burlington, Vermont prepared to elect one of five candidates to a three-year term for an open mayor’s seat.  At one forum, a citizen stood up and asked, “Within the next mayoral...

“Dreadful” BP Plans to Cut Jobs

Tony Hayward, BP’s fresh-faced CEO, is preparing staff for a far-reaching shake-up of the oil company as he delivered a blunt warning that third-quarter revenues would be “dreadful”. Hayward told a staff meeting in Houston he would be announcing a...

Bush’s Climate Plan “Discredited”

Poor old George. Like a stuck record his feeble plan for countries to set their own targets for reducing greenhouse gas emissions was widely criticized by other countries. Some delegates at a meeting of the world's top 16 polluters saw...

Kazakhstan Fines Chevron Consortium

Kazakhstan has imposed a fine of more than half a billion dollars on an oil consortium led by Chevron, in a move that threatens to worsen the investment climate in the resources-rich Central Asian republic. The fine for ecological violation...

Iraqi Kurds Sign Four New Oil Deals

The Kurdish regional government in northern Iraq has announced four new oil exploration deals with international energy companies. The news is likely to upset the central government in Baghdad and the US. Both have been pressing the Kurds to hold...

Toyota’s Environmental Image Challenged

It may be the automaker that has given us the Prius, but Toyoto is coming under attack from green groups such as the Natural Resources Defense Council, who are challenging Toyota's opposition to strict fuel economy standards pending in Congress....

Canada: Oil Major Warns of $20-billion in Cuts

The backlash against increasing royalties in Alberta’s oil and gas sector continues. Canadian Natural Resources is warning that oil sands projects worth more than $20-billion could be shelved if proposals to increase royalties are fully adopted. It joins a chorus...

Inquiry Urged on Hunt Oil Contract in Iraq

The Democrats have moved toward investigating Hunt Oil's oil exploration contract in Iraq, saying the company's ties to President Bush raised questions about whether it had insider information that helped it reach the deal. U.S. Rep. Henry Waxman, chairman of...

Big Oil Sued Over Price-Fixing

A group of California gasoline station owners have filed suit in a US federal district court in San Francisco accusing Big Oil of fixing gasoline prices across the United States from 1998 to 2001. The suit claims that Texaco, state-owned...