Great blog by the Antipodean scourge of the oil industry, Cindy Baxter yesterday on the Exxon Secrets website. Cindy, who remains one of a committed half-dozen sceptic watchers, had been reading Exxon’s latest Corporate Citizenship report.
Buried deep in the report she spotted that Exxxon has admitted - for the first time - that the climate [...]

So are speculators pushing the oil price up, and if so by how much? A leading American senator yesterday pressed the top futures market regulator for more information about speculation by big investment funds in crude oil futures.
Commodity Futures Trading Commission (CFTC) officials testified that market forces are primarily responsible for the rising price of [...]

Conservation group, WWF, is urging Canada to postpone the sale of key oil and gas rights in the Arctic Beaufort Sea, worried the drilling areas overlap with key habitats for polar bears and whales.
“This sale is premature due to the absence of a completed Beaufort Sea management plan that would protect sensitive habitats, which polar [...]

We just don’t know when to stop. It looks like we are going to chase every drop of oil under every remote sea-bed, no matter the consequences.
A fevered scramble for control of the world’s seabed is going on - mostly in secret - at a little known office of the United Nations in New York.
Officials [...]

Environment ministers from the G8 have urged their leaders to set a global target to halve greenhouse gas emissions by 2050, a small but vital step in the fight against climate change.
But they stopped short of suggesting specific interim targets ahead of 2050, a key demand of developing countries in tough U.N.-led talks to forge [...]