Call on Governments to End Fossil Fuel Subsidies

June 9, 2012By Traci RomineBlog Post, Featured, Separate Oil and State 3 Comments

Hundreds of governments and thousands of stakeholders will meet at the Rio+20 Conference in Brazil this month to chart a future for the health of the planet, our human family and economies worldwide. The question is whether that future will include continuing public fossil fuel subsidies, which could climb to a staggering US$775 billion to an estimated US$1 trillion … Read More

Chevron Faces Possible Brazil Drilling Ban

November 22, 2011By Andy RowellBlog Post, Featured 2 Comments

Eighteen months after the Deepwater Horizon disaster, we have another country threatening to ban an oil company after a deep water spill. Yesterday it was Brazil’s turn to say it might ban Chevron from drilling in its deep water oilfields as punishment for the 3,000 barrel oil spill from the company’s Frade project. Chevron has … Read More

World Bank Executives: Stop Defending Dirty Energy for the Poor

April 19, 2011By Traci RomineBlog Post, Featured

The World Bank Group, perhaps the best-known publicly-funded international development institution, is pitched in an important battle over the future of its energy lending. Unfortunately, if some Bank executives have their way, the new Energy Strategy will become a blueprint for straddling the world’s poorest nations and people with dangerous and polluting energy. That’s because … Read More

“Brazil is the future for the oil industry”..

September 24, 2010By Andy RowellBlog Post 1 Comment

Are investors put off by the risks of ultra deepwater drilling after the Deepwater Horizon disaster? If the frenzy down in Brazil is anything to go by – the answer is a staggering no. Brazil’s national oil company, Petrobras, has just raised a whopping $70bn in the biggest share issue in corporate history. And the … Read More