Oil and natural gas production at Alaska’s North Slope may have been declining since 1988 but the region holds promise if energy prices stay high and Congress opens key areas to exploration, the U.S. Energy Department is arguing.
The North Slope could yield up to 36 billion barrels of oil and 137 trillion cubic feet of [...]

Maybe the oil industry is running out of reserves faster than it is letting on (see other blog), but Shell is to delay publication of key data about its oil reserves that it would normally have released alongside profits figures being published this week.
The decision is said to have disappointed some analysts, who have been [...]

Shell’s two year tenure as sponsor of the London’s Natural History Museum’s “Wildlife Photographer of the Year” exhibition has come to an end.
A determined, creative two year national campaign, coordinated in part by the direct action group Rising Tide and its Art Not Oil offshoot, helped to force the Museum to ditch Shell.

Something of a “Shell feel” to the blog today. Three stories all about the oil major. First up a story from Davos.
Jeroen van der Veer, chief executive of Shell has warned that demand for oil and gas will outstrip supply within seven years, because conventional supplies will fail to keep pace with population growth and [...]

A survey in Canada’s Globe and Mail newspaper makes interesting reading on Alberta’s growing love affair with oil sands, even though they know it is causing immense damage.
“They love all the jobs that the pay dirt has created and the handsome quality of life it has bestowed. They say these things, like any honest addict [...]