Later today, there could be fireworks on Capital Hill when Democratic members of the Senate Foreign Relations Committee finally grill Rex Tillerson on his potential nomination as Secretary of State.
Oil Spill on Sakhalin Island “Systematic” of Wider Problem
The leading Russian oil company, Rosneft, is currently under investigation by the Prosecutor’s Office on the Russian island of Sakhalin for a large oil spill which occurred last week.
Exxon Lobbying to “Water Down” Russian Sanctions
Shell has become the latest western company to cease its activities in Russia due to sanctions imposed on Russia over Ukraine. The oil giant has suspended its operations with its joint venture partner Gazprom Neft to frack Russian shale oil.
Rosneft Announces Arctic “Victory”
There was grim news over the weekend for those fighting Arctic drilling as the Russian energy giant Rosneft announced that it had struck oil in the world’s most northerly well, deep in the Arctic.
Exxon starts “the most controversial oil rig in the world”
For the oil industry business comes first. After years of preparation, on Saturday Exxon began drilling a $700 million well in the Kara Sea in Russia’s Arctic. It is Russia’s most northerly well.
Exxon and BP Strengthen Ties With Russia
Ignoring the potential threat of further sanctions, both Exxon and BP have strengthened ties with Russia’s state-controlled oil company, Rosneft, in deals that can also only be seen as bad news for the climate.
BP Sides with President Putin
The oil industry always maintains that politics is a job for somebody else – it just gets on with drilling for oil and gas. The line is a fallacy of course, as the industry uses its economic might to prop up politicians that give it favourable tax breaks or subsidies or push its climate destructive policies.
As scientists warn about climate change, Russia eyes up vast frack reserves
Whether the scientists or oilmen win the defining battle of our time – how and when to wean ourselves off fossil fuels – will shape what this world looks like for our children and grandchildren.
As Russia Fracks, Poland Outlaws Anti-Fracking Protest
As Russia gears up for its own fracking revolution, Poland is set to effectively outlaw anti-fracking dissent.
Gazprom’s Oil Response Plan “Illegal”
Much of the focus recently about the dangers of Arctic drilling has focused on Shell’s plans to drill off Alaska. But let’s not forget about the real and growing dangers to the Russian Arctic too. Once again it seems that the oil industry is not prepared for the risks of a spill and maybe operating … Read More