And so the debate about Iraq’s oil wrangles on.
The New York Times reports that a senior US State Department official in Baghdad has said the first American oil contract in Iraq - that of the Hunt Oil Company of Dallas with the Kurdistan Regional Government, was at “cross purposes” with the stated United States foreign [...]

Some good news for a change. Yesterday the Clinton Global Initiative highlighted the Ecuadorian proposal about “Leaving Ecuador’s Oil in the Ground” which seeks to avoid carbon emissions and save the Yasuni Rainforest.
The “Yasuni Proposal” as it is known was selected from among close to a thousand other proposals, and was highlighted in the Energy [...]

Poor old Condi, being sent to bat for the President again. Yesterday the poor US secretary of state, Condoleezza Rice, had to defend Bush’s climate change conference in Washington against accusations that it was a spoiler intended to undermine UN efforts to secure a global compromise.
As activists including OCI’s Director, Steve Kretzmann were arrested outside [...]

For the first time in 16 years, a major environmental conference has opened in Washington, hosted by the Bush administration. But no concrete results are expected, and that – say European participants – is the point of this high-level meeting.
UPDATE: 50 Activists were arrested at a protest in front of the State Department on Thursday [...]

The Associated Press reports that Statoil has announced that a new well shows that it would not be economically viable to produce oil from its newly opened Snow White, or Snoehvit natural gas field in the Arctic.
The Barents Sea field, which came on stream this month, was developed as a pure natural gas field. However, [...]