June | 2007 | The Price of Oil

Posts in June 2007

Exxon: We Never Doubted Climate Change
Andy Rowell
Jun15
An oil-industry spin doctor is probably not high on peoples’ list of trustworthy people. Probably ranking even lower than real estate agents, journalists and politicians. So you should always take what they say with a large does of salt….especially when the spin doctor works for Exxon. Remember when they said that Prince William Sound was…
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Asari Pledges to Continue to Fight
Andy Rowell
Jun15
One of the most influential leaders from the Niger Delta has vowed to continue his struggle to keep more oil wealth in the region, following his release from prison on bail. Mujahid Dokubo-Asari was freed yesterday on health grounds after being held on treason charges for almost two years.
Shell and Exxon Sell UK Assets
Andy Rowell
Jun15
Shell and Exxon’s UK subsidiary Esso have put up their selected assets in the UK North Sea for sale, following depletion in reserves, high costs and obsolete facilities. The companies have also entered into exclusive negotiations with UK oil company Fairfield Energy Ltd. to unload their Dunlin fields interests. Royal Dutch Shell reportedly stated that…
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Exxon Proposes Burning Humanity For Fuel
Steve Kretzmann
Jun14
This is easily one of the greatest acts of creative direct action ever perpetrated on the oil industry. Bravo Yes Men! Imposters posing as ExxonMobil and National Petroleum Council (NPC) representatives delivered an outrageous keynote speech to 300 oilmen at GO-EXPO, Canada’s largest oil conference, held at Stampede Park in Calgary, Alberta, today. The speech…
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A World Without Oil
Andy Rowell
Jun14
The day after being attacked by Tony Blair for its reporting, the Independent newspaper once again leads on a story of huge importance. The paper looks at how leading scientists have criticized BP’s Annual Review of the world’s remaining oil reserves, warning that the end of oil is coming sooner than governments and oil companies…
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Nigerian Military Kill Eight
Andy Rowell
Jun14
Nigerian troops have killed eight suspected militants near an Italian-operated oil field in the Niger Delta. The killings happened in Bayelsa state on Tuesday just after militant groups released 19 hostages as part of a nascent peace initiative between the government and the rebel groups.
Oil Sands Offers “Very Secure” Energy Source for China
Andy Rowell
Jun14
China could obtain a ‘very secure source’ of energy if it decides to tap oil sands in the Canadian province of Alberta, according to the leading Canadian bank, Scotiabank. Alberta is forecast to produce 1.96 mln barrels per day of crude oil by 2008 from oil sands, according to Scotiabank.
One of the Best?
Andy Rowell
Jun14
The OilChange blog has been named in the “The 50 best business blogs” by the Times newspaper. To see if you agree with them, the full list is here.
Senate Debates Energy Bill
Andy Rowell
Jun13
The US Senate debated an energy bill yesterday that would raise auto fuel economy standards for the first time in nearly 20 years and make oil industry price gouging a federal crime. Democratic leaders in both the Senate and House said they want broad energy legislation passed before the Fourth of July congressional recess, hoping…
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“No Sign of Compromise” Over Oil Law
Andy Rowell
Jun13
The controversial Iraqi oil law seems to be in real trouble. Tariq Shafiq, who runs a petroleum consulting firm in London and offered his advice to the Iraqi government, has said that “there is no sign of a compromise” that would lead to final approval by the parliament. Shafiq blamed the holdup on a lack…
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