As oil creeps towards an unprecedented $150 a barrel the Indian Petroleum and Natural Gas Minister Murli Deora has denied that India and China were responsible for the recent oil rise.
Deori said that the growth in consumption in India was less than in many nations: “I take this opportunity to set the record straight. While […]

When the oil industry answers it critics about whether we are running out of oil, the word Alberta normally comes into the conversation pretty soon.
Alberta’s tar sands have reserves estimated at just behind Saudi Arabia, and are seen as the industry’s salvation (after Iraq). The only problem being for oil sands is that […]

A survey by a major PR company, Fleishman-Hillard into how Americans and Canadians reconciled the need for new oil supplies against environmental concerns, has come up with some interesting facts:
Despite the furore over oil sands, it found that less than half of American respondents were aware of the existence of oil sands, which make up […]

The crude politics of oil sands is laid bare for all to see. Despite a court ruling stopping the oil sands project the Canadian government is giving Imperial Oil the green light to begin construction of its $8-billion Kearl oil sands mine.
In a notice yesterday, the government said the federal cabinet endorsed an environmental review […]

Happy World Environment Day! Not so in America, though. It may be the most polluting and dirty oil on the planet, but American refiners are tripping over themselves to make investments to dramatically increase imports from Alberta’s oil sands.
Figures released yesterday show that the oil industry is spending about $53 billion to expand or modify […]