Home » Posts tagged 'desmog blog'
Tag Archives: desmog blog
Peak US Oil Production Looms as the Domestic Shale Boom Ends
Peak US Oil Production Looms as the Domestic Shale Boom Ends After a decade of losing hundreds of billions of dollars, the shale oil industry is finally making money — and running out of oil. A lone pumpjack in Loving County, Texas, in the Permian Basin. Credit: Justin Hamel It appears that the U.S. fracking […]
Revealed: Two Thirds of Online Posts from Six Major European Fossil Fuel Companies ‘Greenwashing’
Revealed: Two Thirds of Online Posts from Six Major European Fossil Fuel Companies ‘Greenwashing’ One expert called it a “systematic deceptive marketing campaign designed to interfere with the solution that is necessary to respond to the climate emergency: stopping fossil fuel production.” New research shows fossil fuel companies are overwhelmingly promoting their green efforts online. […]
The U.S. Shale Revolution Has Surrendered to Reality
The U.S. Shale Revolution Has Surrendered to Reality Fracking companies aren’t drilling as investment continues to dry up. Image: Fossil fuel oil well. Credit: CL Baker. CC BY 2.0 “Drill, baby, drill is gone forever.” That was the recent assessment of Saudi Prince Abdulaziz bin Salman of the American oil industry’s future potential. As Saudi Arabia’s energy minister, […]
Hundreds Arrested at Line 3 ‘Treaty People Gathering.’ Water Protectors Vow To Continue Until the Pipeline is Canceled
Hundreds Arrested at Line 3 ‘Treaty People Gathering.’ Water Protectors Vow To Continue Until the Pipeline is Canceled Indigenous activists in Northern Minnesota occupied sites of Enbridge’s Line 3 pipeline, seeking to disrupt construction. The action puts national attention on an issue that President Biden has tried to ignore. Water protectors are seeking to stop […]
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 […]
Analysis: How Exxon Is Being Forced To Accept The Reality Of Bad Fossil Fuel Investments
Analysis: How Exxon Is Being Forced To Accept The Reality Of Bad Fossil Fuel Investments Last August, ExxonMobil warned that it may need to remove 20 percent of its oil and gas proved reserves from its books. While that was a shocking number from the oil major, reality proved to be even more of a shock […]
Exclusive: Whistleblower Accuses Exxon of ‘Fraudulent’ Behavior for Overvaluing Fracking Assets For Years
Exclusive: Whistleblower Accuses Exxon of ‘Fraudulent’ Behavior for Overvaluing Fracking Assets For Years ExxonMobil announced a $19.3 billion write-down on Tuesday, a big hit to a company reeling from depressed oil and gas prices and a rapidly changing global energy market. The write-down reduces the value of the assets on Exxon’s books. The announcement comes as part […]
Investigation: How Pesticide Companies Are Marketing Themselves as a Solution to Climate Change
Investigation: How Pesticide Companies Are Marketing Themselves as a Solution to Climate Change This article was published as part of the launch of DeSmog’s Agribusiness Database, where you can find a record of companies and organisations’ current messaging on climate change, lobbying around climate action, and histories of climate science denial. “Like a pandemic, climate change is […]
Investigation: How Pesticide Companies Are Marketing Themselves as a Solution to Climate Change
Investigation: How Pesticide Companies Are Marketing Themselves as a Solution to Climate Change This article was published as part of the launch of DeSmog’s Agribusiness Database, where you can find a record of companies and organisations’ current messaging on climate change, lobbying around climate action, and histories of climate science denial. “Like a pandemic, climate change is […]
Norway’s Supreme Court to Decide on Climate Lawsuit Challenging Offshore Arctic Oil Drilling
Norway’s Supreme Court to Decide on Climate Lawsuit Challenging Offshore Arctic Oil Drilling The Supreme Court of Norway is set to rule in a high-profile climate change lawsuit challenging the Norwegian government’s licensing of new offshore oil drilling in the fragile and rapidly warming Arctic region. The forthcoming decision from Norway’s highest court could, for the first time […]
The US Oil and Gas Industry’s Methane Problem Is Catching up With It
The US Oil and Gas Industry’s Methane Problem Is Catching up With It For years, the oil and gas industry has been able to downplay, or outright ignore, the problem of methane. Methane is an invisible gas, and lax state and federal regulations in the U.S. have allowed oil and gas producers to self-report how much of this potent […]
Delaware Just Sued 30 Fossil Fuel Companies and the American Petroleum Institute Over Climate ‘Denial and Disinformation’
Delaware Just Sued 30 Fossil Fuel Companies and the American Petroleum Institute Over Climate ‘Denial and Disinformation’ Delaware, the home state of Democratic presidential candidate Joe Biden, announced on Thursday, September 10 that it is taking dozens of major oil and gas companies including BP, Chevron, and ExxonMobil to court over the rising costs of climate impacts […]
Canada’s Trans Mountain Pipeline Inches Forward, But Opposition Intensifies
Canada’s Trans Mountain Pipeline Inches Forward, But Opposition Intensifies Late one night this past April, four people on off-road vehicles drove into a small, Indigenous village near the town of Blue River in British Columbia, Canada. It was dark and the vehicles drove through deep snow, smashing through wooden signs and barriers that guarded the […]
As Trump Leaves Permian Oilfield, Industry Insiders Question If 2020 Bust Marks Texas Oil’s Last Big Boom
As Trump Leaves Permian Oilfield, Industry Insiders Question If 2020 Bust Marks Texas Oil’s Last Big Boom Yesterday, President Trump left Midland, Texas, after arriving in the state’s Permian oilfield region for a $2,800 a plate luncheon and a “roundtable” that required each participant to pony up $100,000. The west Texas Mr. Trump left behind bears little resemblance […]
Trump’s Golden Era of Energy Is Turning to Lead
Trump’s Golden Era of Energy Is Turning to Lead It was just over a year ago that President Trump announced, “The golden era of American energy is now underway,” saying that his policies focused on exploiting oil, gas, and coal were “unleashing energy dominance.” What a difference a year makes. On July 10, the Financial Times ran an […]
