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Ukrainian Drone Strikes Target Russian Oil Refineries Again Despite White House Pleas
Ukrainian Drone Strikes Target Russian Oil Refineries Again Despite White House Pleas Just days after the Biden administration signed a new military aid package worth billions of dollars to Ukraine, Kyiv launched a series of suicide drone attacks on Russian oil refineries. Biden’s top officials have pleaded with Kyiv to stop attacks on Russia’s energy infrastructure because of the fears that turmoil in […]
Oil Companies Must Set Aside More Money to Plug Wells, a New Rule Says. But It Won’t Be Enough.
Oil Companies Must Set Aside More Money to Plug Wells, a New Rule Says. But It Won’t Be Enough. For the first time in more than 60 years, the Bureau of Land Management will force oil and gas companies to set aside more money to guarantee they plug old wells, preventing them from leaking oil, […]
World’s biggest economies pumping billions into fossil fuels in poor nations
World’s biggest economies pumping billions into fossil fuels in poor nations G20 countries spent $142bn in three years to expand operations despite a G7 pledge to stop doing so, study finds The world’s biggest economies have continued to finance the expansion of fossil fuels in poor countries to the tune of billions of dollars, despite […]
We’re Supposed To Be Done Finding New Oil and Gas. We’re Not.
We’re Supposed To Be Done Finding New Oil and Gas. We’re Not. Oil and gas reserves discovered and approved just since 2021 would add an entire year of China’s emissions to the atmosphere. That’s according to a new analysis from Carbon Brief, using Global Energy Monitor Data, and boy is it grim. A total of 14 billion tons […]
It will cost up to $21.5 billion to clean up California’s oil sites. The industry won’t make enough money to pay for it.
It will cost up to $21.5 billion to clean up California’s oil sites. The industry won’t make enough money to pay for it. An expert used California regulators’ methodology to estimate the cost of cleaning up the state’s onshore oil and gas industry. The study found that cleanup costs will be triple the industry’s projected […]
Labor Leader’s Oil Plans Spark Outrage In Scotland
Labor Leader’s Oil Plans Spark Outrage In Scotland Labour leader Starmer said that his party would end oil and gas investment in the UK North Sea. Scottish politicians called the plan a ‘job destroyer’. Energy security could be at risk if the UK actually bans new upstream investment in the North Sea. In January this […]
The End of the Oil Age Gets Postponed Again. Really?
The End of the Oil Age Gets Postponed Again. Really? Photo by Diyar Al Maamouri on Unsplash It looks like we have to wait a little more to see the end of the oil age. Our desire to burn more and more stuff knows no limits — at least not when talking about the foreseeable future. Statements like “oil will […]
Carbon capture is a fairytale solution to the climate crisis
Carbon capture is a fairytale solution to the climate crisis Billions of dollars for CCUS are gifts to the oil and gas industry — to keep the profits rolling in while distracting from real solutions Oil and gas companies are lobbying the federal government for billions in tax dollars to push an expensive and unproven technology […]
https://youtu.be/0Hrpv21Ubf8
Oil and Gas: The Next Meltdown?
Organizing Across State Lines to Stop a Pipeline
Organizing Across State Lines to Stop a Pipeline Activists protest against the construction of the Mountain Valley Pipeline at the United States Capitol on Friday, October 15, 2021. PHOTO BY TOM WILLIAMS/CQ-ROLL CALL, INC VIA GETTY IMAGES Activists in Tennessee, North Carolina, and Nebraska are proving that building collective community power can successfully counter Big […]
Matt Simmons on Peak Oil
Matt Simmons on Peak Oil
Opinion: Energy disruptions are now inevitable and most likely imminent — here are all the ways that could happen
Opinion: Energy disruptions are now inevitable and most likely imminent — here are all the ways that could happen Pick your poison, but the end result is the same: Russian oil and natural gas will fall offline Will the lights go out? More has gone horribly, horribly wrong in European-Russian affairs in the last week than […]
Oil Executives: Higher Energy Prices Are Here To Stay
Oil Executives: Higher Energy Prices Are Here To Stay Big oil executives expect that higher energy prices are here to stay. Underinvestment in new production is seen as one of the driving factors behind higher energy prices in the mid-term. Low global inventories and limited spare production capacity are driving crude prices in the short […]
A Case Study of Fossil-Fuel Depletion
A Case Study of Fossil-Fuel Depletion A few months ago I received an intriguing email from researcher and activist Regan Boychuk. For the past 15 years, Boychuk has been studying the oil-and-gas industry in Alberta (Canada) and he wanted to know if I would join his project. I immediately said yes. Some backstory. You can think […]
