The “Great Oil Thief”

December 18, 2010By Andy RowellBlog Post, Featured

The brutal reality of the resource curse in Africa is once again laid bare. The latest revelations from Wikileaks is that the Sudanese President Omar al-Bashir has siphoned $9bn in oil money and deposited it in foreign accounts, many of which are in London. Whilst the rest of the country languishes in brutal poverty, the … Read More

Another $20 Billion Bill for BP

December 16, 2010By Andy RowellBlog Post, Featured

Shares in BP are falling this morning – 3 per cent in early trading so far – on the news that it could face penalties of $21 billion-plus if found fully liable for damages in a US federal lawsuit regarding the Deepwater Horizon drilling disaster. But BP is not alone. The US Department of Justice … Read More

Deepwater’s Forgotten Villain

December 15, 2010By Andy RowellBlog Post, Featured

When you think of the Deepwater disaster earlier this year, of course the main company responsible for the spill that springs to mind is BP, the operator of the rig. The next villain in the story is Transocean, the owner of the rig. One name that does not automatically jump out is Anadarko, the minority … Read More

USA Becomes A Fractured Nation

December 14, 2010By Andy RowellBlog Post, Featured

On Saturday the outgoing Democratic governor of New York State, David Paterson ordered a seven-month moratorium on some natural gas drilling in the state. He issued an executive order prohibiting high-volume hydraulic fracturing of horizontally drilled wells. The order stands until July 1. Hydraulic fracturing which is also known as fracking, involves blasting millions of … Read More

From Life-Support to Life-Line

December 13, 2010By Andy RowellBlog Post, Featured

So the car crash somehow didn’t happen. Somehow the groundhog talks managed to conjure up a deal in the last twenty four hours. A diplomatic rabbit was pulled by the Mexican hosts out of the hat. It is a deal of sorts, that keeps the show on the road, at least for now.  “Confidence is … Read More

Zombies, Car-Crashes and Life-Support..

December 10, 2010By Andy RowellBlog Post, Featured

It’s the last day at the Goundhog talks in Cancun and its going to be a late-nighter, that’s for sure. But whether anything meaningful comes from the Summit remains to be seen. This year’s summit was all about just keeping the talks on the road, not about radical deals, but even that limited goal seems … Read More

Nigeria: “Shell has access to everything”

December 9, 2010By Andy RowellBlog Post, Featured

One of the main concerns of the Ogoni activist and writer, Ken Saro-Wiwa was the collusion between Shell and the Nigerian Government. We already know that this collusion went from the top levels of the government to routine logistical and financial support for the military. Saro-Wiwa once said that one of their protests was “anti-Shell, … Read More

Global Climate Fund In, World Bank Out

December 8, 2010By Elizabeth BastBlog Post, Featured

With only a few days to go in the UN climate talks in Cancún, many questions remain on the outcomes, including on one of the most important issues currently on the table – climate finance. Finance in the context of the climate talks refers to funding for developing countries to address climate needs – financing … Read More

“Yet another red flag being raised”

December 7, 2010By Andy RowellBlog Post, Featured

The latest from the Groundhog Summit. As the politicians pontificate, the science gets more scary. Today UNEP – the United Nations Environment Programme – will release the results of its latest research into the effects of climate change on glaciers from around the world. As UNEP says: “There is increasing concern about the effects of … Read More