Under-informed, over here
The climate change denial lobby – funded by the US oil industry – has now moved to the UK, warns Bob May
The climate change denial lobby – funded by the US oil industry – has now moved to the UK, warns Bob May
Canada is striving to sell major consuming countries on the potential of its vast oil sands to help meet energy demand, but a recent string of output disruptions makes the job tougher, analysts said on Friday.
Representatives of indigenous peoples blocked more than 100 pieces of heavy machinery in Sakhalin on Friday to protest against local oil and gas projects.
OAO Yukos Oil Co., Russia’s biggest oil exporter last year, defaulted on long-term contracts to supply refiners after the government sold its biggest oil-producing unit to collect more than $20 billion in back taxes.
The prospect of Chinese and Indian oil companies buying oil and gas-producing assets in the US and Russia is changing the landscape in which the western oil majors operate.
ConocoPhillips’ decision to bow out of a lobbying group focused on opening up the Arctic National Wildlife Refuge to drilling means that two of the largest operators on Alaska’s North Slope are no longer actively advocating exploration in the refuge.
Clifford, 49, is an oil man, one in a growing stable of risk takers hunting new supplies of natural gas around Cook Inlet. They’re drawn by a big surge in gas prices, plus forecasts of a looming shortage for gas-addicted Southcentral Alaska.
World supply is so precious that more price spikes are inevitable …”The first message American consumers need to hear,” says A. G. Edwards’s O’Grady, “[is] if you think the price of oil and gasoline has been volatile, you ain’t seen nothin’ yet.” (Excellent article)
Bonds posted by companies with federal oil and gas leases cover only a small fraction of the projected costs of plugging wells and restoring land once the fuel is extracted, leaving taxpayers with the potential for huge cleanup bills…
What types of property ownership are best for the world? This article explores how petroleum and water are being owned and mis-owned worldwide from a libertarian perspective.
Industry demands tax breaks, regulatory changes to hunt for oil at the bottom of the sea….America’s onshore sources are nearly tapped out… Luckily, the United States holds claim to one of the world’s richest oil deposits: the Gulf of Mexico.
For at least the 3 decades and probably beyond”we will need to find and produce even more oil than we do today, a very challenging responsibility for all of us in the petroleum industry,” said Rex W. Tillerson, president of ExxonMobil Corp.