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Posts in May 2007

• Congress Criticises BP’s Alaskan Operations

  Andy Rowell

  May17

  So BP is meant to have entered a new era with its new CEO Tony Hayward. But where was Hayward until recently? He was in charge of BP’s exploration and production division. He was in charge of the company’s Alaskan operations that have been plagued by problems of cost cutting and corrosion. Well now US…
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• Ryaniar Fries the Planet for Free

  Andy Rowell

  May17

  Budget airline Ryanair pushed the economics of cheap flying to its limits yesterday when it offered one million free flights, paying for customers’ taxes, fees and charges. The move has sparked an unprecedented rush of “binge flyers” clambering to book tickets for close to nothing.

• Sudan Cautions China Over Oil Investments

  Andy Rowell

  May17

  A Sudanese central bank official has warned China that oil investments could exacerbate conflicts in Sudan unless it pressed the government to engage local populations and share revenues. He also draw parallels with the conflict in the Niger Delta. China, which buys much of Sudan’s oil, has been under fire internationally for doing business with…
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• Norwegian Company to Pump Iraqi Oil

  Andy Rowell

  May16

  As the campaigners attack Shell in London (see below) it has been announced that the first crude oil pumped by a foreign company in Iraq in decades will flow into the global market next month. DNO, a Norwegian oil company, will begin producing a small amount of oil from the northern Iraqi region of Kurdistan,…
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• Al-Qaeda “Confess” on TV About Saudi Oil Attack

  Andy Rowell

  May16

  Captured al-Qaeda militants have “confessed” on Saudi media that last year’s foiled suicide attack on the world’s largest oil processing facility was part of a plot to strike oil installations in an attempt to draw U.S. troops into Saudi Arabia. Four alleged members of an al-Qaeda terror cell arrested following the Feb. 2006 attack on…
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• Hands Off Iraqi Oil Target Shell AGM

  Andy Rowell

  May16

  Campaigners from “Hands Off Iraqi Oil” held a demonstration outside the Shell AGM in London yesterday highlighting the key role Shell has “played in preparing the ground for the rip off of Iraqi oil”. They were joined by a ‘Hands On Iraqi Oil’ executive who read a statement including: “From our offices in London, Washington,…
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• NATO Forces to Protect Oil Companies?

  Andy Rowell

  May15

  How many billions of dollars a year are the world’s armies spending to defend oil supplies instead of human life? If you ask NATO the answer is apparently: “Not enough.” According to Jamie Shea, director of policy planning in the office of NATO’s secretary-general, NATO is considering sending sea-borne rapid-reaction forces to Africa, Asia and…
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• Blair Pushes New Global Plan on Climate

  Andy Rowell

  May15

  He may be on borrowed time as a Prime Minister, and about to undertake his last visit to the US, but The Guardian reports today how “Tony Blair believes he is close to persuading George Bush to accept an ambitious plan to bring the world’s greatest polluters into international partnership to fight climate change for…
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• US Gasoline Prices Exceed Post-Katrina Record

  Andy Rowell

  May15

  The average national price of a US gallon of gasoline hit US$3.073 on Monday, up almost a penny from Sunday‘s also record-setting price. Gasoline is now well above the previous record of $3.057, set on Sept. 5, 2005, soon after hurricane Katrina hit the US coast. Prices could increase further. America’s “summer driving season” begins…
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• China‘s Crude Imports Rise to Record Levels

  Andy Rowell

  May15

  China‘s crude oil imports rose 23 per cent in April from a year ago to a record monthly high according to a report by the Chinese General Administration of Customs. Imports in April totalled 14.8 million tonnes, or an average of 3.62 million barrels a day, the report showed. Imports for the January to April…
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