The safety regime at Britain’s North Sea oil operators has been condemned after a report found almost 60% of oil platforms had problems that oil companies should have addressed.
The report, by the Health and Safety Executive, argues the industry had lost the trust of the regulator as a result of the failings uncovered by the […]

Australia’s opposition leader, Labour Party leader Kevin Rudd, who is the front-runner in this weekend’s elections, has said that climate change is his top priority.
In his last major address of the six-week campaign, Kevin Rudd accused Prime Minister John Howard’s 11-year-old government of being tired, out-of-touch and ill-equipped to cope with a new generation of […]

“God is Brazilian,” declared the country’s President Luiz Inacio Lula da Silva after his government’s announcement earlier this month that massive new oil reserves had been discovered offshore.
Brazil’s government and the state-run oil company Petrobras announced two weeks ago that exploration of its Tupi offshore field showed it had enough to increase national oil reserves […]

Nigeria is to invest $75 billion over the next five years in the oil and gas sector through joint venture partnership with oil companies and third party investment.
Minister of State for Petroleum, Odein Ajumogobia made this known in Saudi Arabia after the OPEC Ministerial Symposium.

Well done, Greenpeace Switzerland. The Swiss oil lobby had the cheek to claim in an advert that heating with oil is a contribution to climate protection. They now had their fingers slapped by the Swiss advertising board, which has prohibited the further use of these ads as they are - you guessed it - misleading.
The […]