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Hundreds Say World Bank Needs an Oil Change

Global coalition calls for an end to ‘oil aid’ October 19, 2007, Washington, DC. – More than 200 organisations from 56 countries are calling on the World Bank and other international financial institutions to end subsidies to the oil industry....

Ecuador Does Deal With Communities

Ecuador has reached a deal with protesters in the oil-rich Amazon region to end a three-day protest that cost the country $2 million in revenue. Earlier this week dozens of villagers in the Shushufindi region in the Sucumbios province blocked...

Lula Promotes Biofuels in Africa

Brazilian President Luiz Ignacio Lula da Silva has urged African countries to take up the use of biofuels as a way of improving their economic independence. He is starting a four-nation tour of Africa, offering help from Brazil in developing...

CGI Highlights Yasuni Proposal to Leave Oil Alone

Some good news for a change. Yesterday the Clinton Global Initiative highlighted the Ecuadorian proposal about "Leaving Ecuador's Oil in the Ground" which seeks to avoid carbon emissions and save the Yasuni Rainforest. The “Yasuni Proposal” as it is known...

UK: Lib Dems to Outlaw Petrol Cars by 2040

Hoping to out-green the Conservatives (see blog below), Britain’s third largest political party, the Liberal Democrats yesterday unveiled far-reaching proposals to transform Britain into a carbon-neutral economy within 40 years. Delegates at the party's annual conference in Brighton approved a...

Protest in Baghdad over Oil Law

The news outlet, Agence France-Presse, reported today that dozens of Iraqis held a demonstration in central Baghdad against the proposed Oil Law which would open Iraq's oil and gas sector to U.S. and other foreign oil companies. The Oil Law...

Kazakhstan renegotiating contract for Caspian oil

On Monday, the Moscow Times ran a story on one of the most watched projects in the Caspian region. Kashagan, an offshore oil project in the Kazakh sector of the Caspian Sea, is the largest oil field to have been...

Getting Close to the Climate Tipping Point

More bad news on the climate. Yesterday we blogged on how Arctic ice may be melting faster than previously thought. Now other scientists are warning that the tipping point for climate change could be closer than previously thought. They are...

Alaskan Oil Corruption Probe Gathers Pace

An extraordinary political drama is unfolding in Alaska as both the FBI and federal grand juries investigate Ted Stevens, the nation's longest-sitting Republican senator, and his son Ben Stevens, a former state Senate president whose office was twice searched by...

US Justice Department Probes Nigerian Oil Operations

The U.S. Justice Department is conducting a criminal inquiry of nearly a dozen oil and oil-services companies, focusing on potentially illegal payments – bribes - to customs agents who provided freight forwarding and other services, including in Nigeria. A civil...