Oil Change International

Exposing the true costs of fossil fuels

Posts in extreme energy

  • Frozen Future: Shell and the US Offshore Arctic

    Oil Change International, Greenpeace, and Platform – February 2015 Download Briefing On 29 January 2015, Royal Dutch Shell confirmed that it intends, subject to regulatory approval, to resume its US Arctic drilling programme at a cost for 2015 of at least $1bn. To date, Shell’s Arctic programme has been a failure despite capital expenditure in...
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  • Alberta’s Oil Sands: “No Missing Billions”

    An Alberta government report has dismissed the notion that the Canadian state had failed to collect billions of dollars in royalties in previous years. Former Auditor General Peter Valentine, who authored the report also said the system for collecting economic rent from the oil and gas industry was “generally well-designed, if not always well-executed.”
  • WHO: “Climate Change Endangers Health”

    Yesterday was World Health Day. To mark the occasion WHO Director-General Dr Margaret Chan warned “The core concern is succinctly stated: climate change endangers human health.” She continued: “The warming of the planet will be gradual, but the effects of extreme weather events — more storms, floods, droughts and heat waves — will be abrupt...
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  • Spy was “More Austin Powers than 007”

    Was it his Palestinian scarf, his Armani jeans, designer shirt or his permanent tan that gave him away? But a spy who infiltrated the direct action group Plane Stupid in the UK, has been exposed after making a series of elementary errors that aroused suspicions.
  • NASA: “the target we have all been aiming for is a disaster – a guaranteed disaster”

    One of the world’s leading climate scientists has warned that the EU and its international partners must urgently rethink targets for cutting CO2 because they have grossly underestimated the scale of the problem. In a startling reappraisal of the threat, James Hansen, head of the Nasa Goddard Institute for Space Studies in New York, calls...
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  • Kazakhstan Considers Crude Export Tax

    Kazakhstan is making the international oil majors twitchy by saying it may impose a crude oil export duty as soon as mid-2008 to stabilise supplies on the domestic market. According to the Deputy Energy Minister Lyazzat Kiinov, the government is due to discuss the energy ministry’s draft proposals tomorrow, and set a date for sometime...
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  • Iran to OPEC: Stop Oil Sales in Dollars

    Iranian President Mahmoud Ahmadinejad is stirring the pot again. As the dollar continues to fall, he is urging OPEC members to form a joint bank and stop pricing oil trades in U.S. dollars. Ahmadinejad told OPEC Secretary General Abdalla Salem el-Badri the cartel “should establish a joint bank as well as having joint currency.”
  • Iraq Oil Laws Quietly Move on

    Quietly working behind the scenes, negotiators are hammering out a new draft Iraq oil law after previous versions of the controversial legislation stalled. “Shortly, we’ll see a new draft which there is more common ground,” Abdul-Hadi al-Hasani, deputy chair of the Iraqi Parliament’s Oil, Gas and Natural Resources Committee, has told wire reports.
  • Venezuela’s Congress OKs “Windfall” Oil Tax

    Venezuela’s Congress has given initial approval to a windfall oil tax that extends President Hugo Chavez’s campaign to increase government revenue from the oil industry. The tax will tap into private company profits amid record oil prices above $100 per barrel, and will step up his confrontation with the global energy giants, like BP.
  • Iraq War Fuel Costs Soar

    So you think you’re being ripped off by Big Oil? Spare a thought for the poor old American military in Iraq that is burning fuel at a staggering rate. Military units pay an average of $3.23 a gallon for gasoline, diesel and jet fuel, some $88 a day per service member in Iraq, according to...
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