You would have thought that Rupert Murdoch had enough on his plate right now without one of his paper’s backing the highly controversial Keystone XL tar sands pipeline in an editorial yesterday. Despite the deep controversy surrounding the specific project...
As oil prices surge in response to the appalling violence in Libya, the House Natural Resources Committee offered their usual worn out suggestions for addressing America’s vulnerability to oil price shocks; more domestic drilling. Clearly energy only means one thing...
Who would be a BP shareholder? Last week the company's shares surged on the fact that the National Commission into the Deepwater disaster had not provided clear evidence of BP’s “gross negligence” into the spill. It could have been construed...
In many ways it has been a lengthy legal fight like no other. On the one side are tens of thousands of poor Ecuadorian Indians and on the other the raw might of American Big Oil, in the shape of...
The oil industry may be arguing that its back to business as usual after the Deepwater Horizon blowout, but the disaster is still causing major ripples within the investment community. And now the shareholders – who together represent investments of...
It was always a matter of time before the Obama Administration buckled under the intense pressure of the oil industry and Gulf States and let drilling resume in the Gulf. Weeks earlier than expected, the administration lifted the moratorium on...
BP may be paying out money faster than its going out of fashion for the Gulf of Mexico spill, but its arch-rival Shell is still not ready to part with its cash. Yesterday, the oil giant’s Nigerian subsidiary, SPDC, announced...
If you talk to Riki Ott, the fisherwoman and marine biologist who has written a book about the Exxon Valdez, one of the lasting unanswered questions is just how much oil was spill from the stricken tanker. The official version...
The details are still being worked out. The BP Board meets this afternoon. But if the press reports are anything to go by, the company’s embattled CEO, Tony Hayward will walk away with anything from at least £11 million to...
Yesterday the reporting on this issue went like this: BP has successfully plugged the well, and the US government said that 75 per cent of the oil had been cleaned up. This means the Gulf disaster was exaggerated, Tony Hayward...
