Posts in September 2006
Carlyle Group Eyes Libya
US companies are thinking of moving back into the Libyan oil and gas market. US private equity giant Carlyle is in talks to acquire Libya’s state-controlled oil refining and marketing operation, Tamoil. Al-Saadi Gaddafi, the son of Colonel Muammar Gaddafi, has confirmed that Carlyle is one of four or five groups involved in an international…
Continue reading ‘Carlyle Group Eyes Libya’.Democrats: Get Sudanese Blood Off Our Federal Contracts
Congressional Democrats have introduced legislation that would bar some international companies from receiving U.S. government contracts if they continued to do business with Sudan. The bill is an attempt to put pressure on Sudan to do more to end the genocide in Darfur. Rep. Barbara Lee told reporters: “This bill is designed to wash the…
Continue reading ‘Democrats: Get Sudanese Blood Off Our Federal Contracts’.UNCTAD: Rich Country Energy Needs are Shaping Aid in Africa
A new report from the United Nations Conference on Trade and Development (UNCTAD) draws attention to the fact that rich countries are increasingly using aid money to advance their energy interests in Africa. The report argues that: “There are very clear signals that security concerns and energy politics are again shaping the policy debates on…
Continue reading ‘UNCTAD: Rich Country Energy Needs are Shaping Aid in Africa’.Are You Loyal to Big Oil?
I pledge allegiance to Big Oil, run by the richest CEOs in America, and to the gas pump from which it flows: one profit margin, unchecked by Congress, with higher gas prices for all! Loyal to Big Oil—a partnership between Billionaires for Bush and Oil Change International’s Separation of Oil and State campaign—is a strategic…
Continue reading ‘Are You Loyal to Big Oil?’.The Green Virgin or Green Conman?
Sir Richard Branson, the head of the Virgin group of companies, yesterday committed $3bn to “tackle” climate change. The billionaire pledged all profits from his Virgin air and rail interests over the next 10 years to combating rising global temperatures. However, the money will not go to charities but be invested in a new branch…
Continue reading ‘The Green Virgin or Green Conman?’.Russians Fight Foreign Oil Multinationals
Over $70 billion dollars worth of Russian oil and gas licences could become part of a legal dispute between Russia and a group of oil multinationals. There have been press reports that a spokesperson for the Russian Natural Resources Ministry, said that the Russian Government was considering withdrawing the licence for ExxonMobil’s Sakhalin I offshore…
Continue reading ‘Russians Fight Foreign Oil Multinationals’.Exxon: We Are Not Climate Sceptics
Here’s one to make you laugh or cry. For years, Exxon or Exxonsarous as it is sometimes known, has been the vanguard of the climate septics. It has funded some 40 right wing think tanks and front groups in an attempt to derail action on climate change. It has had undue influence at the White…
Continue reading ‘Exxon: We Are Not Climate Sceptics’.California Sues Car Firms for Global Warming
The times really are a’ changing. The state of California has launched an unprecedented lawsuit against the six largest carmakers in the US for allegedly contributing to global warming. The state has accused Ford, General Motors, Toyota, Honda, Chrysler and Nissan of creating a “public nuisance” and costing it millions of dollars. Environmental campaigners have…
Continue reading ‘California Sues Car Firms for Global Warming’.Royal Society Tells Exxon: Stop Funding Climate Sceptics
Britain’s leading scientific body, the Royal Society, has challenged ExxonMobil to stop funding climate sceptics who are attempting to undermine the scientific consensus on global warming. In an unprecedented step, the Royal Society, demands in its letter that the company withdraws support for dozens of groups that have “misrepresented the science of climate change by…
Continue reading ‘Royal Society Tells Exxon: Stop Funding Climate Sceptics’.Sea levels Rising Faster Than Predicted
Professor Chris Rapley, director of the British Antarctic Survey, has warned that sea-level rise is increasing much faster than scientists predicted just five years ago. This is severely threatening many of the world’s coastal and low-lying areas from Bangladesh to Nigeria. The present prediction of the UN’s Intergovernmental Panel on Climate Change, from its third…
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