Independent investment analysts “Investment U” are promoting Alberta’s oil sands as a “win-win” investment opportunity. They say: “the oil sands will soon be the single-largest source of foreign oil for the U.S. – even bigger than Saudi Arabia”. Oil producers...
Shell’s subsidiary, Shell Global Solutions is attempting to position itself as the preferred partner for businesses in Asia in managing and developing their growing energy needs. And these needs are increasing rapidly. According to the Energy Information Administration's (EIA) International Energy...
After a three-way meeting at the weekend with Nigerian government officials and local groups, Shell will start inspecting its facilities in the Western Niger Delta with a view to resuming 500,000 barrels per day of oil output. At the talks...
Hugo Chavez won a convincing re-election today, giving him another six years to solidify his self-styled socialist revolution and continue his anti-Bush campaign. There is no doubt that Chavez has used Venezuela's oil wealth to his political advantage. He has...
The Chinese economy is booming in more ways than one. Not only is it buying up huge reserves of oil and gas, but it is also benefiting from the booming global greenhouse gas market. Rather than spending more money to...
UK Chancellor Gordon Brown came under strong attack from political opposition parties and green groups after responding to the government’s own dire warnings on climate change with a modest £1bn package of green taxes in his pre-budget report. Little more...
Exxon is still spending hundreds of thousands of dollars to fund both European and American organisations that seek to cast doubt on the scientific consensus on global warming, according to a new report by Corporate Europe Observatory, a Brussels-based watchdog....
Environmental groups and indigenous leaders have claimed a dramatic victory after Occidental Petroleum Corp confirmed plans to withdraw from a controversial oil and gas venture in Peru. Occidental's departure, which the company said is contingent on approval by the Peruvian...
Loyal to Big Oil is a new consortium of oil barons, energy-company CEOs, giddy traders on the energy futures market and the faithful representatives in Congress who deliver the subsidies and tax breaks we love at the expense of consumers...
The Independent today reports on the story we blogged on yesterday about disappearing sea-ice reported by NASA’s Jet Propulsion Laboratory in California. However it is even worse – another NASA study – this time by the Goddard Space Flight Centre,...
