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2026

2026

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...

Protest in Baghdad over Oil Law

The news outlet, Agence France-Presse, reported today that dozens of Iraqis held a demonstration in central Baghdad against the proposed Oil Law which would open Iraq's oil and gas sector to U.S. and other foreign oil companies. The Oil Law...

Exxon Seeks Venezuela Deal

Oil giant Exxon Mobil is seeking arbitration over a stand-off with Venezuela about the takeover of its oil assets. The US oil firm made its case to the International Centre for Settlement of Investment Disputes, a group with close ties...

Tar Sands: Canada’s “Dirty Little Secret”

Stupid Idea number two. Good article by Dan Woynillowicz from World Watch on the growing importance of Canada’s tar sands, especially to the US. If you thought coal to oil (see blog below) was stupid, tar sands is much worse....

Iraq Oil Ministry Sidelines the Unions

The battle over Iraq's controversial oil law is heating up. The country's Oil Ministry has directed all its agencies and departments not to deal with the country's oil unions, who are leading the battle against the law. The unions went...

Marathon to Pay $1 Million Fine

Marathon Oil made news earlier this week when it was announced that it was buying Calgary-based Western Oil Sands, to move into Canadian oil sands. The company is again in the news, this time for paying a $1 million fine...

Iraqi Oil Law Stalls Over the Summer

At last some good news from Baghdad. The Iraqi parliament has gone into summer recess without passing Iraq’s controversial and flawed oil law. Bush must be irritated, since passage of the law was billed as a "benchmark" in its battle...

Iraq: Lukoil Will be ‘on Equal Terms’

Lukoil and other Russian companies will compete 'on equal terms' for Iraqi government contracts to develop the nation's vast oil fields, Iraqi oil minister Hussain al-Shahristani has said. "There will be no privileges for any country or any company", Shahristani...

Iraq: Oil Tenders Next Month

Iraqi Oil Minister Hussain al-Shahristani said yesterday that the country hopes to offer tenders on certain oil fields as early as September for its oilfields, but this can happen only after the controversial oil law is passed. Speaking in Moscow,...

Sakhalin: Covert British Backing “Endangers Whales’

Two stories on the impact of oil on marine mammals with environmental and Indigenous groups fighting back against the oil industry. Two environmental groups have accused the British Government of covertly sponsoring Royal Dutch Shell's Sakhalin-2 oil and gas project...