Posts in February 2008
The Alaskan PR Campaign to Get the Goahead for Gas Pipeline
Oil companies have spent more than $1.4 million in recent months on advertising in Alaska a bid to win voter support for its views on oil taxes and a natural gas pipeline, according to new figures. The Alaska Oil and Gas Association spent more than $800,000 on ads and public relations last Autumn. At the…
Continue reading ‘The Alaskan PR Campaign to Get the Goahead for Gas Pipeline’.“Mankind can’t afford more oil drilling,” says Ex-BP Man
Known oil, gas and coal reserves may already contain a quarter more carbon than mankind can emit and still avoid dangerous climate change, putting the value of new oil exploration in doubt, a former oil major executive has said. Reiterating a line put forward by environmental groups for over a decade, Jan-Peter Onstwedder, formerly BP’s…
Continue reading ‘“Mankind can’t afford more oil drilling,” says Ex-BP Man’.Oil Sands Firms See Record Year
The world may not be able to afford more oil drilling, but that won’t stop the madness in Alberta continuing. The Canadian oil industry is poised for record year with 2008 profits rising 18 per cent to nearly $23 billion, according to the Conference Board of Canada. The report forecasts 2009 profits will tumble 29…
Continue reading ‘Oil Sands Firms See Record Year’.Rosneft Set to Increase Oil Output by Half
Russian state oil company Rosneft will increase output by a half by 2020 due to new assets and fields, according to its head as it aims to become the world’s top listed oil producer. Sergei Bogdanchikov said Rosneft will produce 130 million tonnes of crude (2.6 million barrels per day) by 2010 and 170 million…
Continue reading ‘Rosneft Set to Increase Oil Output by Half’.Lake Mead Could Dry Up Within Years
Another day and another disaster looms over climate. Lake Mead, the vast reservoir for the Colorado River water that sustains the fast-growing cities of Phoenix and Las Vegas, could lose water faster than previously thought and run dry within 13 years, according to a new study by scientists The lake, located in Nevada and Arizona,…
Continue reading ‘Lake Mead Could Dry Up Within Years’.South Korea Signs MOU with Kurdistan
Iraqi Kurdistan keeps signing new oil deals, despite the fact that Baghdad is against it. A South Korean consortium has signed an initial agreement to explore oilfields in Kurdistan in return for major construction projects in the region, officials said. The memorandum of understanding was signed by visiting Kurdish Prime Minister Nechirvan Barzani and a…
Continue reading ‘South Korea Signs MOU with Kurdistan’.Oil Sands Costs Continue to Skyrocket
Everyone keeps saying that oil sands is where the sure money is going in oil right now (forget frying the climate in the process), but costs just keep rising. One of the leading oil sands firms, Canadian Natural Resources has admitted that costs for its Horizon oil-sands project have risen to as much as $8.7…
Continue reading ‘Oil Sands Costs Continue to Skyrocket’.UK: Climate Change Will Kill Thousands
Climate change could lead to a heatwave in the south-east of England killing 3,000 people within the next decade, a UK government report has warned. Without preventative action, the report said that a nine-day heatwave, with temperatures averaging at least 27 degrees over 24 hours, would cause 3,000 immediate deaths, with another 3,350 people dying…
Continue reading ‘UK: Climate Change Will Kill Thousands’.Democrats Unveil New Energy Tax Package
In the US, Democrats have unveiled a new wide-ranging, $17.5 billion renewable energy and building-efficiency bill even though Republicans have repeatedly blocked their efforts in the Senate. In renewing their push, Democrats are relying on the same financing plan that produced Senate opposition last year, repealing tax breaks granted to oil and gas companies.
Shocking Scale of C02 Emissions from Shipping Revealed
The true scale of climate change emissions from shipping is almost three times higher than previously believed, according to a leaked UN study. It calculates that annual emissions from the world’s merchant fleet have already reached 1.12bn tonnes of CO2, or nearly 4.5% of all global emissions of the main greenhouse gas.
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