Posts in February 2008
US Governor: Humans Face Extinction Over Climate
The Governor of Maryland, Martin O’Malley is the latest US Governor to talk tough on climate. Although putting limits on pollution could cost businesses in the short term, in the long term, O’Malley argues that the cost of inaction is much greater — the flooding of waterfront businesses and homes, and eventually, the extinction of…
Continue reading ‘US Governor: Humans Face Extinction Over Climate’.Venezuela Pays Oil Companies $1.8 Billion
Venezuela has confirmed it has paid $1.8 billion in compensation to French, Norwegian and Italian oil companies for nationalizing key oil fields in the Orinoco basin in 2006. France’s Total, Norway’s Statoil and Italy’s ENI gained the settlement after they accepted the book price for the assets Venezuela’s state-run PDVSA oil company took over.
Why Iraq Should Remember Saro-Wiwa
Just over twelve years ago, the Ogoni activist and writer Ken Saro-Wiwa was murdered by the military junta in Nigeria for campaigning against the ecological destruction of his homeland and for asking for a greater share of the oil wealth. Twelve years after his death, the Niger Delta remains in deep trouble. As Reuters reported…
Continue reading ‘Why Iraq Should Remember Saro-Wiwa’.Climate Change Threatens Human Rights of Millions
Climate change threatens the human rights of millions of people who are at risk of losing access to housing, food and clean water unless governments intervene early to counter its effects, according to experts. At a conference on climate change and migration, United Nations officials said rising sea levels and intense storms, droughts and floods…
Continue reading ‘Climate Change Threatens Human Rights of Millions’.Gazprom Signs Energy Deals with Iran
Russia’s Gazprom the world’s top gas producer, has announced that it will take on big new energy projects in Iran, a move likely to anger the United States which wants Tehran isolated over its nuclear work. State-controlled Gazprom, which supplies a quarter of Europe’s gas needs, said it had agreed to develop more phases of…
Continue reading ‘Gazprom Signs Energy Deals with Iran’.Over 70 Companies Compete for Iraq Contracts
More than 70 companies have registered to compete for oil extraction and service contracts to help develop Iraq’s oil reserves. The news comes just days before the International day of Solidarity against Iraq’s controversial Oil Law. Big oil firms such as Royal Dutch Shell and BP have been positioning for years to gain access and…
Continue reading ‘Over 70 Companies Compete for Iraq Contracts’.Nigerian President Calls for Fairer Distribution of Oil Wealth
Nigeria’s President Umaru Yar’Adua has called on the oil companies operating in the Niger Delta to do more to help local people ahead of drawing up a bill to reform the country’s oil industry. “I urge you to further commit to working diligently to ensure that the oil and gas industry is directed towards meeting…
Continue reading ‘Nigerian President Calls for Fairer Distribution of Oil Wealth’.Another US Refinery Blows Up
A huge explosion rocked a Texan oil refinery yesterday in a violent blast that shook buildings miles away and injured at least four people. One employee was hospitalized for burns, while three contractors were treated and released, said Blake Lewis, a spokesman for refinery owner Alon USA.
How to Make Oil Sands “Go Bump in the Night”
It’s only a snippet really, buried deep in an article by a columnist on the Edmonton Sun, but its revealing all the same. Their columnist, Graham Hicks, says that every couple of years he sits down with University of Alberta Business Dean Mike Percy to talk about the Alberta economy. “These are good days in…
Continue reading ‘How to Make Oil Sands “Go Bump in the Night”’.Jaws to Hit Antarctica
Unique marine life in Antarctica will be at risk from an invasion of sharks, crabs and other predators if climate change continues, scientists warn. Crabs are poised to return to the Antarctic shallows, threatening creatures such as giant sea spiders and floppy ribbon worms, says a UK-US team. Bony fish and sharks would move in…
Continue reading ‘Jaws to Hit Antarctica’.
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