The showdown between Argentina and Britain over the Falklands is not the only row brewing on the international oil scene.
A bitter battle is brewing between oil giants such as Shell and Chevron and the Nigerian government over proposed reforms of the oil and gas sector.
The oil companies are threatening that up to $50 billion of [...]

We have always known that the oil industry and the Republican Party make close bedfellows, but now Obama’s Interior Secretary, Ken Salazar, has launched a stinging attack on the oil industry saying it was acting “like an arm” of the Republicans.
He lambasted the industry for issuing “untruths” about the Obama Administration’s oil and gas lease [...]

We will hear shortly when Shell will finally face charges of being complicit in human rights abuses in a New York court room, after the trial was delayed from last week.
The pioneering court case is continuing to generate international news: it was the first item on the BBC’s flagship Today Programme, and has been covered [...]

It’s amazing really that shareholders in Big Oil really only ever seem to care about the size of the bonuses of the top executives or the size of their reserves.
The fact that their investments are fuelling climate change is not a concern for mainstream investors.

Its been a bad year so far for the oil barons. The oil price has plummeted through the floor and so have their profits.
Yesterday BP announced a drop of 62 per cent and today Shell announced a similar reduction of reduced profits of 58 per cent, the first time it has posted a quarterly loss [...]