• Japan Economy Awakening From ‘Lost Decade’

    Updated: 2010-04-30 09:32:00
    [caption id="attachment_2181" align="aligncenter" width="450" caption="Nippon Rising, Again..??"][/caption] If the accuracy of the Japanese finance ministry’s revision of their GDP estimates are to be believed, then it appears the Nippon economy is, finally, awakening from its ‘Lost Decade’ of economic slumber following the collapse of its once heralded economy. But acording the ...

  • Obama’s Foolish Move

    Updated: 2010-04-30 09:31:59
    Less than a month ago, Barack Obama told us he wants to open 167 million acres of America’s continental shelf to oil drilling. At the time, he promised the nation that we have the technology to do this in a safe, clean and environmentally sound manner. Now, before the ...

  • BP spill: “Burn Baby Burn” is all they have

    Updated: 2010-04-30 09:31:59
    The latest estimates from BP’s oil spill in the Gulf of Mexico are that the amount of oil escaping from the sunken rig is much worse than previously thought. Yesterday the estimates were 1,000 barrels a day. Today that has been revised to 5,000 after a new leak was discovered. The discovery of ...

  • BP’s “Silent Running” Slips Up Over Slick

    Updated: 2010-04-30 09:31:59
    In BP’s magazine last year a senior company executive bragged that the company was focussed on "operational excellence" and “silent running”. “Silent Running” was a new concept within the global oil giant.  The final years of Lord Browne’s reign were plagued by the Texas fire in 2005 when 15 people died ...

  • Chevron in the Dock Again

    Updated: 2010-04-30 09:31:59
    Big Oil company Chevron may have hoped that its legal troubles as far as Nigeria were over. However, in a great victory for human rights campaigners, the 9th Circuit Court of Appeals in San Francisco has fixed June 14, 2010 to open appeal hearings in the case. The case is called ...

  • Avatar director: Tar sands Are “Black Eye” to Canada

    Updated: 2010-04-30 09:31:59
    When faced with a PR battle, one of the fossil fuel industry’s tactics is to set up a supposed grass-roots organisation or “Astroturf” organisation. So Citizens for the Environment had no citizens in it – it was just a front for big oil and other polluting industries. The Global Climate Coalition ...

  • If one volcano can do this, what will peak oil do?

    Updated: 2010-04-30 09:31:59
    To anyone in North America, the Icelandic volcano fiasco must seem something of a distant story, unless you are trying to fly to Europe right now, when it will be a living hell. It is a hell being experienced by hundreds of thousands of people stuck abroad who are unable to ...

  • Ecuador accuses oil firms of “abusing” country

    Updated: 2010-04-30 09:31:59
    It is the latest twist in the on-going soap opera of Ecuadorian oil. You have the Indigenous Indians fighting in the courts in a multi-billion battle against Texaco’s lethal toxic legacy – a battle that has been going on for decades. But now the tiny Latin American country is threatening to follow ...

  • When two worlds collide – the chardonnay wins

    Updated: 2010-04-30 09:31:59
    If you have never been to an oil company AGM it is worth going to watch two parallel words colliding for a few hours. On the one side are the protestors arguing passionately for the company to listen to how their activities are destroying someone’s homeland or are polluting the earth. Up ...

  • Tar Sands Dominates BP’s AGM

    Updated: 2010-04-30 09:31:59
    Oil Giant BP faces a barrage of criticism from investors at today's AGM at the Excel Centre in London Docklands over the environmental cost of its controversial tar sands project in Canada. BP’s showcase presentation to investors and shareholders is being overshadowed by a resolution tabled by over 140 shareholders asking ...

  • Crunch time for the EITI

    Updated: 2010-04-30 09:31:59
    Tomorrow the International Board of the Extractive Industries Transparency Initiative is holding its Annual meeting in Berlin. The EITI was set up by ex-British Prime Minister, Tony Blair to try and improve improved governance in resource-rich countries through the verification and full publication of company payments and government revenues from oil, ...

  • Shell to proceed with Arctic offshore plans despite spill

    Updated: 2010-04-30 09:31:55
    Royal Dutch Shell plc com News and information on Royal Dutch Shell . Plc Skip to Content Home Contact Us Contributors Mission Shell Blog Shell Library Shell to proceed with Arctic offshore plans despite spill Apr 30th , 2010 by John Donovan The Associated Press Published : April 29th , 2010 11:39 AM Last Modified : April 29th , 2010 11:40 AM FAIRBANKS A large oil spill in the Gulf of Mexico has come at a tricky time for two companies seeking to increase Arctic . exploration The Gulf spill occurred weeks after Shell and Conoco Phillips said they would boost oil exploration in the Chukchi and Beaufort seas . Shell , which paid 2 billion for offshore leases , recently secured key air-quality permits from the U.S . Environmental Protection . Agency Shell spokesman Curtis Smith said company

  • Shell not planning oil sands expansion – paper

    Updated: 2010-04-30 09:31:55
    Royal Dutch Shell plc com News and information on Royal Dutch Shell . Plc Skip to Content Home Contact Us Contributors Mission Shell Blog Shell Library Shell not planning oil sands expansion paper Apr 30th , 2010 by John Donovan REUTERS Shell plans no expansions in oil sands Expects to boost output from existing ops In U.S . dollars unless noted CALGARY , Alberta , April 29 Reuters Royal Dutch Shell Plc RDSa.L has no plans to quickly expand its oil sands operations , focusing instead on tweaking output from its existing investments , the head of Shell’s U.S . arm told a Canadian . newspaper In an interview with the Globe and Mail’s editorial board , Marvin Odum , president of Shell Oil Co , said the company was unlikely to launch a major expansion of its 60 percent-owned Athabasca oil

  • Shell refuses to comment on Oklahoma oil royalties fraud

    Updated: 2010-04-30 09:31:55
    Royal Dutch Shell plc com News and information on Royal Dutch Shell . Plc Skip to Content Home Contact Us Contributors Mission Shell Blog Shell Library Shell refuses to comment on Oklahoma oil royalties fraud Apr 29th , 2010 by John Donovan As you surmise , we will not be commenting . As always , you cannot take our silence to mean that we agree with any of your conclusions . 8221 Richard Wiseman , Chief Ethics Compliance Officer , Royal Dutch Shell Plc 29 April 2010 NANCY FULLER HEBBLE AND OTHERS vs SHELL OIL . CO On 13 April 2010, Shell filed an APPELLANTS’ MOTION TO SUSPEND EFFECTIVENESS OF MANDATE It relates to the 18 December , 2009 decision by the Oklahoma Court of Civil Appeals affirming a judgment on a jury verdict in the Hebble v Shell royalties fraud . case The jury awarded the

  • SHELL JOINS CLEAN-UP EFFORT FOR BP SPILL

    Updated: 2010-04-30 09:31:55
    Royal Dutch Shell plc com News and information on Royal Dutch Shell . Plc Skip to Content Home Contact Us Contributors Mission Shell Blog Shell Library SHELL JOINS CLEAN-UP EFFORT FOR BP SPILL Apr 29th , 2010 by John Donovan Financial Times Multinational petroleum company Royal Dutch Shell RDSa.L has dispatched six boats to assist in cleaning up the oil spill caused by last week’s fatal accident aboard the Deepwater Horizon oil rig . The rig had been drilling a well for BP BP.L in the Gulf of Mexico an area Shell deems very important” , with three new exploration wells identifying reserves that could amount to 350 million barrels . News of Shell’s assistance came as the group reported a 60 percent rise in underlying post-tax profits , with earnings per share up 48 percent at 80 . cents

  • Shell’s profit gusher not as productive as it looks

    Updated: 2010-04-30 09:31:55
    Royal Dutch Shell plc com News and information on Royal Dutch Shell . Plc Skip to Content Home Contact Us Contributors Mission Shell Blog Shell Library Shell’s profit gusher not as productive as it looks Apr 29th , 2010 by John Donovan ft.com By Andrwe Hill Published : April 28 2010 22:54 Profits are like oil : great resources to have , but greater still when converted into hard cash . Royal Dutch Shell pumped out more oil and gas and made a decent fist of improving profits in the first quarter . Its cash conversion rate , however , was horrid . The Anglo-Dutch oil major burnt through 1.3bn 847m that followed a 4.5bn cash burn the previous . quarter Drilling for oil is clearly a licence to sink . money BP’s pay safety catch BP executive directors are rightly focusing on the immediate human

  • Royal Dutch Shell Delays Oil Sands Expansion, Globe Reports

    Updated: 2010-04-30 09:31:55
    , Royal Dutch Shell plc com News and information on Royal Dutch Shell . Plc Skip to Content Home Contact Us Contributors Mission Shell Blog Shell Library Royal Dutch Shell Delays Oil Sands Expansion , Globe Reports Apr 29th , 2010 by John Donovan April 29 Bloomberg Royal Dutch Shell Plc has put plans to expand operations in Alberta’s oil sands on hold for at least five years , the Globe and Mail reported , citing Marvin Odum the company’s Americas . head Costs to build in the oil sands have increased , prompting the company to delay any decisions to expand its Athabasca Oil Sands project until at least the second half of the decade , the newspaper . said Royal Dutch will instead focus on increasing production at existing facilities , planning to produce a further 30,000 to 80,000 barrels a

  • FIRE AND ICE: Shell and BP’s hunt for offshore oil in Alaska

    Updated: 2010-04-30 09:31:55
    : Royal Dutch Shell plc com News and information on Royal Dutch Shell . Plc Skip to Content Home Contact Us Contributors Mission Shell Blog Shell Library FIRE AND ICE : Shell and BP’s hunt for offshore oil in Alaska Apr 29th , 2010 by John Donovan An ugly and growing oil leak associated with the explosion and sinking of the Deepwater Horizon oil drilling rig in the Gulf of Mexico last week has raised questions providing new leverage to environmentalists and North Slope residents Alaska Dispatch Craig Medred and Jill Burke Apr 28, 2010 Since the Arctic whaling days of the 1850s , profits on oil from Alaska’s north have fattened the wallets of the global merchant class . The source of the oil changed with the times , but it has continued to flow to the benefit of both commerce and .

  • Big banks, Shell blast CFTC position limit plan

    Updated: 2010-04-30 09:31:55
    , Royal Dutch Shell plc com News and information on Royal Dutch Shell . Plc Skip to Content Home Contact Us Contributors Mission Shell Blog Shell Library Big banks , Shell blast CFTC position limit plan Apr 29th , 2010 by John Donovan Royal Dutch Shell is the only major oil company objecting to the plan by the U.S . Commodity Futures Trading Commission to limit speculative positions in U.S . oil and gas futures . In view of its track record of market manipulation , including false reporting , fictitious sales , fictitious trades and manipulation of natural gas prices the attempt to block regulation is predicable by the predatory oil giant which has no shame . 8221 REUTERS Roberta Rampton and Ayesha Rascoe WASHINGTON Wed Apr 28, 2010 3:43pm ED Reuters The biggest Wall Street energy traders

  • UAE could lead in area of solar energy – GulfNews

    Updated: 2010-04-30 09:27:07
    GulfNewsUAE could lead in area of solar energyGulfNews... and Research (ECSSR) that despite peak oil concerns and growing electricity demand, the Gulf and the Mena region don't have to worry about the future. ...and more » More: continued here

  • The Gold Rush in Iraq | Peak Oil News and Message Boards

    Updated: 2010-04-30 09:27:07
    Peak Oil News and Message Boards is a community and collaboration portal about energy-related topics. More: continued here

  • The Death of Civilization – Sovereign Debt and Peak Oil bring Economic Collapse

    Updated: 2010-04-30 09:27:07
    YouTube Video Link  Author: oc5nsli341nforce4 Keywords: Added: April 29, 2010

  • The BP Oil Rig Disaster | Peak Oil News and Message Boards

    Updated: 2010-04-30 09:27:07
    So I believe the long term implications of this incident will be to exacerbate our slide down the backside of peak oil. Fields take a long time to develop, and fields being developed now may have been producing oil in 5 or 10 years. ... More: continued here

  • Professor Julia King on The Future of Transport: Sustainable, Affordable and Effective

    Updated: 2010-04-30 09:27:07
    YouTube Video Link  Author: IIEA1 Keywords: Added: April 29, 2010

  • Peak Oil and ABC News in Australia « Aleklett's Energy Mix

    Updated: 2010-04-30 09:27:07
    För en månad sedan blev jag kontaktad av Jeff Waters från ABC News i Australien och i veckan kom det med några uttalande då nyhetsprogrammet PM gjorde ett inslag med rubriken ”Infrastructure adviser warns of peak oil”. ... More: continued here

  • Oil Crunch: Act Urgently – CounterCurrents.org

    Updated: 2010-04-30 09:27:07
    Oil Crunch: Act UrgentlyCounterCurrents.org2010 might very well be seen in retrospect as the year when Peak Oil has become, if not exactly mainstream, at least something of a ... More: continued here

  • Have We Reached Peak Oil Yet? – Find Answers to this Question

    Updated: 2010-04-30 09:27:07
    Answers to the question, Have We Reached Peak Oil Yet? Answers to Questions from People Who Know at Ask Experience Project. More: continued here

  • Did peak oil happen in 2008, and did that cause the recession …

    Updated: 2010-04-30 09:27:07
    According to Professor Peter Newman of Curtin University in Australia peak oil has already occurred. The professor thinks that demand now outstrips supply, or would do so if the global recession had not curtailed the demand for oil ... More: continued here

  • 2012 Doom » Good old peak oil

    Updated: 2010-04-30 09:27:07
    Its easy to let peak oil and climate change drag you down but fuck that. I feel so lucky to be alive in these exciting times. Its no exageration to say that the next 20 years will define the next 2000 and we both have a chance to shape ... More: ...

  • Gulf Coast oil spill could eclipse Exxon Valdez

    Updated: 2010-04-30 06:36:10
    <a href="http://bog55.multiply.com/journal/item/172/Gulf_Coast_oil_spill_could_eclipse_Exxon_Valdez">http://bog55.multiply.com/journal/item/172/Gulf_Coast_oil_spill_could_eclipse_Exxon_Valdez</a>

  • Gulf Oil Spill: BP CEO Hayward Just Can't Help Blaming Someone Else

    Updated: 2010-04-29 17:17:46
    BP CEO Tony Hayward in one well-placed comment tells the world Transocean is responsible for the oil rig explosion and subsequent spill.

  • Pot Meet Kettle

    Updated: 2010-04-29 16:05:03
    From Steve Jobs of Apple While Adobe’s Flash products are widely available, this does not mean they are open, since they are controlled entirely by Adobe and available only from Adobe. By almost any definition, Flash is a closed system. LOL.  Substitute “Apple” for “Adobe” and “i____” for “Flash” and the sentence still works fine.

  • Gulf of Mexico Oil Spill: BP's $6 Million-a-Day Crisis

    Updated: 2010-04-28 20:54:36
    BP is spending more than $6 million a day to secure a well in the Gulf of Mexico that is leaking an estimated 1,000 barrels a day.

  • Something for Atlas Shrugged Readers

    Updated: 2010-04-28 17:27:31
    Do you remember the State Science Institute report on Rearden Metal?  If you were like me, you thought that this ridiculous report was an exaggeration, a literary device to make a point.  But as in so much of Atlas Shrugged, I am finding that it was no exaggeration at all. Check out this real life example [...]

  • PG&#038;E Owns Up to Smart Meter Errors, But Falls Short of Contrition

    Updated: 2010-04-27 20:33:22
    Pacific Gas & Electric probably hoped for a better result from its pioneering smart meter program than a congressional hearing in its home...

  • Awsome Idea, Even if it is Yale

    Updated: 2010-04-27 18:49:42
    Time to short those shares of the Teaching Company.  Yale is offering free videos of many of its introductory courses. HT:  Carpe Diem

  • How Arizona's Immigration Law Will Kill the Climate Bill, and Why Big Oil Should Care

    Updated: 2010-04-24 07:22:41
    Arizona's controversial immigration law will push the climate-change bill down the national priority list.

  • Deepwater Horizon Sinks in GoM

    Updated: 2010-04-23 23:21:29
    Transocean’s semi-submersible drilling unit – Deepwater Horizon - went down in the Gulf of Mexico yesterday.  Although the cause is still being investigated, the suspected culprit was a blowout caused by high pressure hydrocarbon zones located near (or in) the reservoir horizon being targeted by BP.  Eleven employees of the semi-sub operator – Transocean – [...]

  • World oil demand to hit record high this year: IEA

    Updated: 2010-04-17 16:57:12
    : Create a New Account Join for Free Want to learn more Take the Tour Already a Member Sign In Peak Oil Issues Home Notes Blog Photos Video Music Calendar Reviews Links World oil demand to hit record high this year : IEA Apr 17, 10 8:30 AM by Clean for everyone Christopher Johnson LONDON Tue Apr 13, 2010 6:39am EDT China National Offshore Oil Corporation's CNOOC oil rig in China's Bohai Sea is seen in this October 21, 2003 file photo . Credit : Reuters China Newsphoto Files SUN dh LONDON Reuters Global oil demand will hit a record high this year , the International Energy Agency IEA said on Tuesday , revising up consumption estimates as the world economy recovers from . recession The Paris-based adviser to industrialized economies raised its forecast for world oil demand growth this year

  • Icelandic Meltdown

    Updated: 2010-04-17 04:46:41
    Iceland is seemingly getting some measure of revenge on residents of the UK and continental Europe after having suffered through some of the worse impacts of the global financial meltdown in 2008-09.  All I have to say is, “man, I’m glad I’m not trying to fly to Europe this week.” Unfortunately, many of my colleagues [...]

  • Energy Innovation, especially in nuclear power generation

    Updated: 2010-04-11 18:32:33
    Bill Gates recently gave a talk at Ted.com on innovating to zero carbon that starts as follows: “I am going to talk today about energy and climate. And that might seem a bit surprising because my full-time work at the foundation is mostly about vaccines and seeds, about the things that we need to invent [...]

  • Weekend Warrior – Denver

    Updated: 2010-04-11 16:12:40
    “Stuck” in Denver for the weekend? Whether by accident or by choice, adventure awaits you in Denver, a place where urban sophistication meets outdoor adventure. With 300 days of sunshine, an inviting downtown, thriving art and cultural scenes, and the Rocky Mountains as a backdrop, Denver offers countless activities in one of the world’s most spectacular [...]

  • INOVA Launch Video (Courtesy of BGP)

    Updated: 2010-04-11 16:12:38
    One of the questions I had before last month’s launch celebration in Beijing was, “how committed will these ‘BGP guys’ be to INOVA?”  After all, their core acquisition services business will generate roughly 10x the revenues that INOVA will from equipment sales in the coming year.  Going in, it was easy to imagine a scenario in which [...]

Current Feed Items | Previous Months Items

Mar 2010 | Feb 2010 | Jan 2010 | Dec 2009 | Nov 2009 | Oct 2009