First the good news. Over the weekend the French oil giant Total confirmed that the flare that had been burning on its abandoned Elgin rig in the North Sea had “extinguished itself.” The flare was causing real concern in case...
For some Saturday’s Anniversary would have been a painful reminder of the reckless behaviour of Big Oil. It was on the 24 March 1989, that the Exxon Valdez ploughed into rocks in Prince William Sound in Alaska spilling at least 11...
Once again it is the many versus the money. Starting at noon yesterday, a coalition of thirty or so environmental organisations, including Oil Change International (OCI) and 350.org set out to gather at least 500,000 signatures with 24 hours to...
For a long time now many environmental organisations and front-line communities have warned about the dangers of drilling in the Arctic. Even before the Exxon Valdez scarred Alaska in 1989 people warned that drilling in the high north can have...
[caption id="attachment_10598" align="alignleft" width="300" caption="Fishmongers shown in Sekondi, now Sekondi-Takoradi, is Ghana's "Oil City." Fishermen here are among those whose operations have been impacted by the oil development. Like all the fishermen in the "frontline communities," they are extremely worried...
Our latest report, Getting to Market: Emerging Investor Risks in the Tar Sands highlights the latest challenge facing the tar sands industry and warns investors to look more critically at industry's ambitious claims. Download the full report Tar sands extraction...
Tar sands extraction projects are moving forward with increasing pace. The industry ambition is to grow production from today’s level an extraordinary 140 percent by 2025.
First things first – this is no Deepwater Horizon. But it is still being called a disaster and it looks like its going to get worse. The 47,000 tonne container ship Rena is currently grounded on a reef in New...
In its "Energy Outlook" for last month, the global investment bank Goldman Sachs argued that “China remains the key growth driver” for worldwide oil demand. One of the key questions for the past decade for many in the oil-game has...
Following up last week’s news about the tie up between Exxon and Rosneft and the dangers of Arctic drilling, today’s Independent runs a disturbing warning from a distinguished polar scientist about the dangers of a spill in the region. For...
