Unbelievable story from the New York Times from a few days ago about oil spas in Azerbaijan. According to the Times: “The petroleum spas of Naftalan in central Azerbaijan, one of the little-known but once popular vacation spots of the...
Gas-guzzling “Chelsea Tractors" or SUVs have suffered a sudden decline in sales after a succession of threatened tax rises, The Times reports today. Existing owners of 4x4s are facing substantial losses because the second-hand value of the vehicles has also...
It’s an old political cliché that we could be witnessing history in the making, but today in the Supreme Court in Washington that might just happen. We might just be witnessing the beginning of the end of the Bush Administration’s...
Greenland’s ice-caps may be melting at an alarming rate due to climate change, but that is not stopping the country issuing further oil and gas licenses. Twelve companies have advanced to the prequalification stage under the country’s latest licensing round....
A rare victory for people power. The Guardian has reported how the Achuar Indians from the Amazon have managed to get the Peruvian government to take notice of their plight. For decades they had been saying that their land had...
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...
The British government has signalled that it is planning legislation to tackle climate change, as it acknowledges the formidable political consensus that has emerged in the UK over the need for action. The new law, likely to introduce controls on...
A new report from the United Nations Conference on Trade and Development (UNCTAD) draws attention to the fact that rich countries are increasingly using aid money to advance their energy interests in Africa. The report argues that: “There are very...
A leading expert has warned that the world has just 10 years to develop and implement new technologies to generate clean electricity before climate change reaches the point of no return. Peter Smith, a professor of sustainable energy at the...
The corrosion crisis within the oil industry continues to spread. Now Shell has been criticised by the shareholder action group, the Ecumenical Council for Corporate Responsibility (ECCR) over its corroded gas pipes in Ireland. Canon Christopher Hall, a Shell shareholder...
