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Tag Archives: oil and gas industry
The Brutal Legal Odyssey of Jessica Ernst Comes to an End
The Brutal Legal Odyssey of Jessica Ernst Comes to an End The Alberta landowner fought an epic battle against fracking interests. Jessica Ernst became a high-profile critic of hydraulic fracturing, injecting liquid at high pressure to force loose oil and gas out. ‘The system dismissed my case, but I don’t think I lost in the […]
ExxonMobil wants you to feel responsible for climate change so it doesn’t have to
ExxonMobil wants you to feel responsible for climate change so it doesn’t have to A new study reveals how the oil company used “cutting-edge propaganda” to focus on fossil fuel consumption. Andrii Zorii To understand why ExxonMobil has been so effective at shaping the US narrative about climate change in the US for some 40 […]
Struggling to Make a Profit, Fracking Investors are Searching for the Exit
Struggling to Make a Profit, Fracking Investors are Searching for the Exit Banks and investors have given up on the U.S. fracking industry, which is bad news for current investors who waited too long to get out. Derricks Credit: Pay No Mind (CC BY-SA 2.0) and Going out of business sign Credit: Michael Steeber (CC BY-SA 2.0) Photos adapted by: Justin Mikulka […]
Big Oil Is In Desperate Need Of New Discoveries
Big Oil Is In Desperate Need Of New Discoveries The year 2020 was a watershed moment for the fossil fuel sector. Faced with a global pandemic, severe demand shocks and a shift towards renewable energy, experts warned that nearly $900 billion worth of reserves–or about one-third of the value of big oil and gas companies–were […]
Oil Tanker Spotted in Risky Active Pass Alarms Activists
Oil Tanker Spotted in Risky Active Pass Alarms Activists Officials promise no repeats. But advocates say the incident raises new concerns about regulation of tankers in BC’s waters. Narrow, twisting and busy Active Pass is no place for oil tankers, say advocates. But a loaded tanker travelled through the busy pass last month. Photo by Ruth Hartnup, […]
A Hunger Strike Against Big Oil
A Hunger Strike Against Big Oil Ann Wright reports on Diane Wilson’s stand against channel dredging in mercury-laden Matagorda Bay, Texas. Diane Wilson in mid April. (Diane Wilson) Texas shrimper, fisherwoman, author and internationally known environmentalist Diane Wilson on Monday was on Day 27 of her hunger strike to gain national solidarity and publicity to pressure the U.S. Army Corps […]
Germany’s Political Crisis and the Future of Nord Stream 2
GERMANY’S POLITICAL CRISIS AND THE FUTURE OF NORD STREAM 2 In a Blinken of an Eye The Biden Administration entered the White House accompanied by hopes that it would return to some kind of normal in its relations with the European Union. While Biden, unlike Obama, would not score a Nobel Peace Prize solely for […]
What To Expect From Today’s OPEC+ Meeting: Another Saudi Surprise?
What To Expect From Today’s OPEC+ Meeting: Another Saudi Surprise? After Wednesday’s JMMC meeting ended without reaching a recommendation (as is customary and expected), the key decision-making OPEC+ meeting – where ministers will hammer out May’s output quotas – begins at 1pm London Time. As Newsquawk notes, market expectations are skewed towards an extension of current cuts, […]
The Hidden Joule | Why Oil & Gas is Critical to Understanding Sustainability
The Hidden Joule | Why Oil & Gas is Critical to Understanding Sustainability In this episode, we breakdown the difference between cost, price, and the value of oil and why this is so important. Additionally, we dive into the scaling effects of concentrated energy sources and how these differ from diffused, and the challenges of […]
Youth Climate Activists Aim to Rally Support for Indigenous Land Defenders
Youth Climate Activists Aim to Rally Support for Indigenous Land Defenders The Sustainabiliteens hope to show solidarity with TMX protesters. Young activists from across Metro Vancouver will gather outside Environment Canada’s downtown Vancouver offices today in support of Indigenous land defenders. Photo by Jamin Mike. Best known for their ability to draw massive crowds in support […]
Governments Are Making Taxpayers Subsidize Corporate Cleanup of Oil and Gas Wells
Governments Are Making Taxpayers Subsidize Corporate Cleanup of Oil and Gas Wells Companies are responsible for dormant wells, but the public is helping foot the bill. Oil and gas companies are required to clean up their old wells. But governments have decided taxpayers should subsidize them as part of the pandemic response. Photo by Larry McDougal, […]
One Little Problem with the “All-Electric” Auto Fleet: What Do We Do with all the “Waste” Gasoline?
One Little Problem with the “All-Electric” Auto Fleet: What Do We Do with all the “Waste” Gasoline? Regardless of what happens with vaccines and Covid-19, debt and energy–inextricably bound as debt funds consumption– will destabilize the global economy in a self-reinforcing feedback. Back in the early days of the oil industry (1880s and 1890s), the […]
Why The World Might Not Have Enough Oil To Meet Demand Trough 2050
Why The World Might Not Have Enough Oil To Meet Demand Trough 2050 The world is on track to run out of sufficient oil supplies to meet its needs through 2050, despite lower future demand due to the Covid-19 pandemic and the accelerating energy transition – unless exploration speeds up significantly and capital expenditure of […]
Paying Politicians to Criminalize Protests
Paying Politicians to Criminalize Protests A few years ago, massive protests against the Dakota Access Pipeline at Standing Rock changed the popular narrative about what climate activism looked like. The protests made clear that ramming dangerous pipelines through vulnerable communities wasn’t going to be easy anymore. But since then, rather than scaling back their attacks […]
