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Spat Between Russia and BP Escalates

Whilst the world obsesses about how the oil industry could help bring down the oil price, a growing spat is taking place that could have huge ramifications for the oil industry. It concerns the Russians and BP, with some saying...

Climate Change Turning Sea into “Acid Bath”

Increasing carbon dioxide emissions could leave species such as coral and sea urchins struggling to survive by the end of the century because they are making the oceans more acidic. Research by British scientists has found that rising carbon emissions...

Exxon Admits Sceptics “Divert Attention” from Action on Climate

Great blog by the Antipodean scourge of the oil industry, Cindy Baxter yesterday on the Exxon Secrets website. Cindy, who remains one of a committed half-dozen sceptic watchers, had been reading Exxon’s latest Corporate Citizenship report. Buried deep in the...

Now the Gas Dries up…

Two different stories from separate parts of the world, but one underlying trend that signals just how bad the energy crunch has become. It may be the price of oil that is grabbing the headlines but you should also keep...

Chavez’s Food for Oil Programme

Venezuela has announced plans to ship oil to Portugal in exchange for food products and other goods that have been running short in the South American country. Venezuela, Latin America's largest oil producer, will send as many as 30,000 barrels...

In Peru, It’s All About The Oil

As Lima prepares to receive over 60 heads of state for the EU/LAC Summit to discuss poverty, sustainable development, climate change and energy, a grand drama of indigenous people versus oil is playing out in Peru’s vast Amazon region, 70%...

Iran Dumps the Dollar

Iran, OPEC's second-largest producer, has completely stopped conducting oil transactions in U.S. dollars, a top Oil Ministry official has admitted. It is a concerted attempt to reduce reliance on Washington at a time of tension over Tehran's nuclear program and...

Climate Change “May Put World at War”

Climate change could cause global conflicts as large as the two world wars but lasting for centuries unless the problem is controlled, a leading think tank has warned. The Royal United Services Institute, based in the UK, said a tenfold...

Spy was “More Austin Powers than 007”

Was it his Palestinian scarf, his Armani jeans, designer shirt or his permanent tan that gave him away? But a spy who infiltrated the direct action group Plane Stupid in the UK, has been exposed after making a series of...