April | 2006 | The Price of Oil

Posts in April 2006

More Bad News For BP – This time From Baku
Andy Rowell
Apr20
More bad new for BP: It has admitted the Baku-Ceyhan oil pipeline will cost 30 per cent more than first expected. David Woodward, head of BP Azerbaijan, said yesterday the 1,768 km (1,099 mile) pipeline would cost $3.9bn (£2.18bn) rather than $2.95bn. Although that is bad news – you just wait until the company starts…
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Suddenly Climate Change is the New Political Issue
Andy Rowell
Apr20
Normally those working on environmental or “green issues” complain that it is high on the list of peoples’ priorities but low on those of politicians. When an election comes along issues like climate change sink without a trace.
US Worst Polluter – Tries to Bury the Bad News
Andy Rowell
Apr19
There is a saying that the best way to release bad news is to bury it. So what did the US do on Easter Monday – it released figures that showed that it emitted more greenhouse gases in 2004 than at any time in history, confirming its status as the world’s biggest polluter. Latest figures…
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BP in the Arctic – Silence is the Rule
Andy Rowell
Apr19
For want of getting repetitious, it seems that BP has yet another corrosion problem in Alaska – this is its third. Chuck Hamel, BP’s bette noir, wrote to Stephen Johnson, administrator of the US Environmental Protection Agency (EPA), to report that BP had suffered additional corrosion leaks, which it had not yet reported. One we…
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Art Not Oil
Andy Rowell
Apr18
Earlier today I said we haven’t got it in for BP. So, in the interests of impartiality, I am just passing this message on and not commenting on yet another organisation or person having a go at this Great British institution. It concerns Art Not Oil which is “a rolling exhibition aimed at encouraging artists…
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Global Day of Action Against Burma’s Gas Project
Andy Rowell
Apr18
Today is the Global Call to Action Against Burma’s SHWE Gas Project. Human rights activists in over 20 countries will be protesting against the controversial project at South Korean Embassies and Daewoo Offices. For more info see: www.shwe.org.
UK Scientist Attacks BP’s Role in Arctic Project
Andy Rowell
Apr18
Now – you might start thinking we have it in for BP, especially in the Arctic region. No, this is not true. The company seems to be doing enough damage to its corporate reputation and the environment without us. But now it faces further criticism for its operations. This time from the head of the…
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Yet Another Pipeline Problem for BP in Alaska
Andy Rowell
Apr18
BP has admitted that it has found yet another pipeline break caused by corrosion on the North Slope, at the same time it faces a criminal investigation into its management of pipelines and six weeks after the company caused the worst spill on the North Slope. “We are at the point where there is so…
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$144,573 A Day for Exxon’s Lee Raymond
Andy Rowell
Apr18
During his tenure as one of the world’s most powerful oilmen, Lee Raymond who retired as Exxon’s Chief Executive last December, was vilified by environmentalists for his stance on climate change. Over the last decade Exxon has led the way to derail any action on the issue. The consequences of Raymond’s actions will be felt…
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Set of Priorities
Mark Floegel
Apr13
A quarter century ago, when I began purchasing cigarettes and gasoline in significant quantities, a pack of smokes and a gallon of gas went for about the same price – 65 or 70 cents. Last week, a gallon gas was selling for about $2.65 in Vermont and while I was filling up, I noticed a…
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