So BP is meant to have entered a new era with its new CEO Tony Hayward. But where was Hayward until recently? He was in charge of BP’s exploration and production division. He was in charge of the company’s Alaskan...
Big Oil went on the defensive this week, being grilled before a House Judiciary Committee antitrust panel. It denied denying accusations that mismanagement and a lack of competition are the reasons behind this spring's record gasoline prices in the US....
Iraq's Vice President has publicly opposed Iraq’s controversial Oil Law, saying it gives too many concessions to foreign oil companies. "We disagree with the production sharing agreement," Tariq al-Hashemi told reporters yesterday. "We want foreign oil companies, and we have...
Yet another CEO of a major oil company has announced the arrival of peak oil. Jim Buckee, head of Talisman Energy Inc., said in a speech last week that global oil production has peaked and will soon start declining. "I...
A leading union leader from Britain’s offshore industry has called on all British oil companies to pull out of the volatile Niger Delta region until safety can be guaranteed. The call by Graham Tran, a regional officer of Amicus, one...
Halliburton has said that its subsidiary in Iran had completed all its commitments and was no longer working in the country. In January 2005, the company said that it would not accept new work in Iran but that it would...
ConocoPhillips has become the first major US oil company to urge Congress to require mandatory limits on greenhouse. The company says it has joined the U.S. Climate Action Partnership, an alliance of big business and environmental groups that in January...
Oil Change Press Release, 4/13/07 - A leaked draft G8 Summit Declaration reveals that G8 leaders are considering an historic breakthrough in the fight against climate change at the upcoming G8 Summit in Heiligendamm, Germany. Despite the concern over climate,...
Four multinational oil companies have finally agreed to cede control of Venezuela's last remaining privately run oil projects to President Hugo Chávez's government. Officials from Chevron, BP, Total and Statoil signed memorandums of understanding this week agreeing to give state...
Only 10 days after Congressman Maurice Hinchey introduced the End Oil Aid Bill in the U.S. Congress, more than 150 organizations from 50 countries have written to House Speaker, Nancy Pelosi, recognizing her clean energy efforts and calling on her...
