Oil giant Shell has begun evacuating the dependents of hundreds of expatriate staff from the Niger Delta after local militants planted a car bomb in a residential compound that damaged cars, although no one was injured. The pullout involves some 400 foreign family members from Port Harcourt, Warri and Bonny Island. Staff will stay put … Read More
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PetroChina to Buy Iranian LNG
PetroChina, the country’s largest oil company, has signed a 25-year agreement to buy three million tons of liquefied natural gas a year from Iran to supply terminals it plans to build on China‘s northern coast. Gas deliveries will start in 2011. The company is expanding gas production and sales as demand for cleaner-burning fuels increases … Read More
Airlines Will Make £2.7 Bn From EU ETS Scheme
In Brussels today the EU’s environment commissioner will propose including airlines in the Emissions Trading Scheme (ETS), which aims to tackle climate change. However, the aviation industry could make up to £2.7 billion profits through the ETS Scheme, according to report by one of Britain’s leading think tanks, the Institute for Public Policy Research (IPPR).
BP: Two Front-Runners Emerge to Replace Browne
Its turning out to be quite some week for Tony Hayward, the head of exploration at BP. Yesterday we blogged how his talk of BP’s recent failings was seen as an indirect attack on Lord Browne, and today he has emerged as co-front-runner to replace his Lordship. The other candidate is Robert Dudley, chief executive … Read More
ConocoPhillips Produces “Renewable” Diesel
ConocoPhillips has started commercial production of “renewable” diesel fuel at the company’s refinery in Cork, Ireland. The refinery is currently producing 1,000 barrels of the fuel, which includes soybean and vegetable oils. The company argues it meets the European Union standards for diesel fuels.
What we’ve done…
Thank you. With your support, we are just more than a year into building an organization that is conducting strategic corporate and educational campaigns to diminish the power of the oil industry. But we need your help to keep challenging Big Oil. We have achieved a lot with a little this year – please read … Read More
“Illegal” Oil Deal in Western Sahara
The Dublin-based company Island Oil & Gas has announced an onshore oil exploration deal in “occupied” Western Sahara that it has signed with the Moroccan Government. The deal is hugely controversial as NGOs argue that it could break international law. Protests against the “illegal deal” are already being formulated and the Irish company now risks … Read More
BP Implodes in Infighting
BP has had to deny that a series of stinging criticisms of the company’s management, culture and cost-cutting by a senior executive were an attack on Lord Browne.
Council Calls for Energy Security
A group of CEOs and retired military officers, called the Energy Security Leadership Council, has issued a report urging tougher vehicle fuel-efficiency standards, wider access to offshore petroleum, greater incentives for biofuel development and increased production of flex-fuel cars.
Santas Target Natural History Museum
Visitors to the London Natural History Museum were met by a Santa with a difference when Santas Against Excessive Consumption (SAEC) dropped in last Saturday. Visitors were treated to placards saying ‘Lappland is melting’ and ‘Reindeer can’t swim’ placards, explaining what excessive consumption is doing to the planet.