Iran has warned France it is prepared to go ahead with a major gas project with Total using Iranian firms alone if the French oil giant gives in to political pressure and does not swiftly implement the deal.
‘I have a message for French President (Nicolas) Sarkozy,’ Caretaker Oil Minister Gholam Hossein Nozari told reporters late [...]

A year-long investigation by the US Department of Interior’s chief independent investigator has found that its program to collect billions of dollars from oil companies that drill on federal lands is troubled by mismanagement, ethical lapses and fears of retaliation against whistle-blowers.
It also suggested that the agency was too cozy with oil companies and that [...]

Good article in the Christian Science Monitor about the Inuit struggling to get their voice heard in the new Arctic oil rush.
As the article says: Five nations are now racing to claim new territory in the central Arctic Ocean, where climate change is expected to open up valuable new shipping routes, oil fields, and mineral [...]

For more than 150 years, engineers have toyed with the idea of constructing a dam across the width of the Bristol Channel, in Western England.
However, the scheme took a large step towards reality yesterday, when John Hutton, the Secretary of State for Business, announced a multimillion- pound feasibility study into the construction of a [...]

Canada’s Heritage Oil Corporation has denied that its ship was at the center of a clash between Congolese troops and the Ugandan army on Lake Alberta, in which soldiers from both sides were killed.
The company has also challenged a UN official that its oil exploration vessel was escorted out of “Congolese waters” to “avoid [...]