BP’s troubles have been reflected in falling third quarter profits today when the oil gianthe troubles at oil giant BP were laid bare today when it posted falling third-quarter profits.  said it made 6.23 billion US dollars in the three months to September 30 compared with 6.46 billion US dollars a year earlier. It reflected […]

Oil giant Shell has underlined a huge commitment to developing Canada’s highly polluting oil-sands with a C$7.7billion offer to buy out minority investors in a Shell company involved in the controversial fuel. The Shell group already owns 78 per cent of its Canadian subsidiary and is now trying to buy the remaining 22 per cent.

Google has announced it is installing the largest corporate solar installation in the U.S. The system, installed by EI Solutions on Google’s Mountain View, California, headquarters campus will have a total capacity of 1.6 megawatts — enough to supply 1,000 average California homes.

Think the idea that gas and oil prices have been driven down in advance of the election is exclusively the province of lefty liberal bloggers? Check out this piece on New York Global Securities Analyst Phillip Miller’s investment advice on oil - buy now, because the price is going back up after midterms.

BP and Shell caused almost $50 billion of environmental and social damage last year - double the amount of profits they made in the past 12 months - according to a report by WWF and the New Economics Foundation. The two groups are urging the British Government to slap an “oil legacy fund” on the […]