Political price tag: fossil fuel fall out in Alberta

Political price tag: fossil fuel fall out in Alberta

The unimaginable happened last night in Alberta, Canada’s oil patch province. After decades of conservative rule, the left leaning New Democratic Party (NDP) swept the election, winning a decisive majority government. I think I speak for most Canadians when I say that if you had suggested that this was a possibility a year ago, or even … Read More

In Peru, It’s All About The Oil

As Lima prepares to receive over 60 heads of state for the EU/LAC Summit to discuss poverty, sustainable development, climate change and energy, a grand drama of indigenous people versus oil is playing out in Peru’s vast Amazon region, 70% of which is now concessioned to oil companies. Here at the Escuela Senen Soi in … Read More

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.

Oil Change Challenges SEC on Oil Sands

Oil Change International is urging the Securities and Exchange Commission (SEC) to force oil companies to disclose reserves drawn from polluting oil sands, due to their above-average lifecycle emissions of greenhouse gases The SEC is considering to allow companies to include oil sands reserves for the first time. As the SEC mulls the change, OCI … Read More