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Peak Oil
Peak Oil …click on the above link to read the rest of the article…
How Much Water Does The California Oil Industry Actually Use?
How Much Water Does The California Oil Industry Actually Use? When California Governor Jerry Brown issued mandatory water restrictions for the first time in state history, he notably excluded the agriculture and oil industries from the conservation efforts, a decision that was heavily criticized. The oil industry, for its part, insists it is a responsible user of water. The […]
Secret Papers Reveal Lawson’s 1981 Plot to Use Army Against Oil Workers
Secret Papers Reveal Lawson’s 1981 Plot to Use Army Against Oil Workers Lord Lawson asserts that his attack on climate change policy is motivated by deep concerns for the working classes – fears environmental measures will cost jobs and undermine prosperity. Environmentalists claim that Lawson is acting in the interests of the oil industry even if […]
How Much Longer Can OPEC Hold Out?
How Much Longer Can OPEC Hold Out? OPEC has been the most talked about international organization among investors, analysts and international political lobbies in the last few months. When OPEC speaks, the world listens in rapt attention as it accounts for nearly 40 % of the world’s total crude output. With its headquarters in Vienna, […]
Four Years After Greenpeace Sting: PR Firm Dumps Oil Lobbyists
Four Years After Greenpeace Sting: PR Firm Dumps Oil Lobbyists Perhaps you heard the good news – the world’s largest public relations firm, Edelman, justspun off an advertising subsidiary so that it could show a commitment to not aiding the denial of climate change science. The Guardian explains how API’s contracts with Edelman were so massive–tens of millions […]
Five Poll Results That Will Cause Oil Execs Some Headaches
Five Poll Results That Will Cause Oil Execs Some Headaches Alberta Oil magazine just published its National Survey on Energy Literacy, the culmination of 1,396 online interviews of a representative sample of Canadians conducted by Leger. The results are particularly interesting coming from Alberta Oil, a magazine destined for the desks of the energy sector’s senior executives and […]
California Regulators Allowed Oil Industry To Drill Hundreds Of Wastewater Injection Wells Into Aquifers With Drinkable Water
California Regulators Allowed Oil Industry To Drill Hundreds Of Wastewater Injection Wells Into Aquifers With Drinkable Water The fallout from the ongoing review of California’s deeply flawed Underground Injection Control program continues as new documents reveal that state regulators are investigating more than 500 injection wells for potentially dumping oil industry wastewater into aquifers protected under the […]
Book review: “The Moral Case for Fossil Fuels”. Really?
Book review: “The Moral Case for Fossil Fuels”. Really? I first heard about Alex Epstein’s book ‘The Moral Case for Fossil Fuels’ via an unsurprisingly fawning review over at the SkeptEco blog. Its premise is so ludicrous that normally I wouldn’t read it, never mind review it. There is no “moral case for fossil fuels”, just as there […]
16% of oil and gas firms thinking of job cuts: Mercer survey
16% of oil and gas firms thinking of job cuts: Mercer survey Canadian industry harder hit because production and exploration more sensitive to falling price A survey of oil and gas companies throughout North America indicates a major pullback underway in the industry as they cut capital spending and reduce hiring in response to low […]
Strikes: The Latest Threat Facing US Oil Industry
Strikes: The Latest Threat Facing US Oil Industry Workers are on strike at nine oil refineries and chemical plants around the United States in the largest such job action in 35 years. Members of the United Steelworkers union (USW) who are employed by more than 200 US oil terminals and pipelines as well as refineries […]
Shell Cuts $15 Billion of Spending as Profit Misses Expectations
Shell Cuts $15 Billion of Spending as Profit Misses Expectations (Bloomberg) — Royal Dutch Shell Plc will cut $15 billion of investment over the next three years as the crash in oil prices saw fourth-quarter profit miss forecasts. Shell, the first of the world’s largest oil companies to report earnings following the slump in crude […]
Bearishness Continues Among Oil Industry Experts
Bearishness Continues Among Oil Industry Experts The business world is full of sometimes conflicting theories about what caused the plunge in oil prices during the past seven months, and how low that price will go. But Goldman Sachs seems to have come up with a unified theory. It began late in the afternoon of Jan. […]
Oil Industry Withdraws From High Cost Areas
Oil Industry Withdraws From High Cost Areas The oil industry is pulling back from some marginal areas of operation, slashing jobs and spending, and retrenching in the face of the ongoing slump in oil markets. Signs of a shrinking footprint are beginning to pop up across the globe. Norway’s Statoil has let three of its […]
‘Failure of Conscience’: Groups Urge Congress to Fund Social Well-Being, Not Fossil Fuel Industry
‘Failure of Conscience’: Groups Urge Congress to Fund Social Well-Being, Not Fossil Fuel Industry Diverse coalition launches calculator to measure cost of fossil fuel subsidies A coalition of environmental and social justice groups has come together to declare collective disgust with the spending of billions of taxpayer dollars on unnecessary subsidies for the oil and […]
Crude harvest: selling Mexico’s oil – Special series – Al Jazeera English
Crude harvest: selling Mexico’s oil – Special series – Al Jazeera English. Against the backdrop of Mexico’s ever-widening gap between rich and poor, growing violence, and stalled economy, President Enrique Pena Nieto has passed a series of economic reforms. Under these reforms, Mexico’s oil, which was expropriated from foreign interests 75 years ago, is now for sale […]
