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Oil
BP fired employee for trying to clean up oil
In November 2011, BP fired an employee named August Walter, who had been working on clean-up of the 2010 Deepwater Horizon oil spill. Now, Wilson … BP fired employee for trying to clean up oilRead more
Russia oil spills wreak devastation
Environmentalists estimate at least 1 percent of Russia’s annual oil production, or 5 million tons, is spilled every year. That is equivalent to one Deepwater … Russia oil spills wreak devastationRead more
One trillion dollar profit
Oil prices are high and rising at an alarming pace. After hitting a low of $38 per barrel in January 2009, the price of oil … One trillion dollar profitRead more
News
Republican Presidential Hopeful Emerges as Financial Industry Candidate of Choice Republican presidential hopeful Mitt Romney is emerging as the candidate of choice for the financial … NewsRead more
Reprieved from Death Row
It’s been a good few days for BP. The company’s share price surged 5.1 per cent this morning after it was announced that Anadarko Petroleum … Reprieved from Death RowRead more
News
Greatest challenge the human race Feeding some 9 billion people by mid-century in the face of a rapidly worsening climate may well be the greatest … NewsRead more
Russia the ‘petro state’
Many environmentalists want these reserves left alone, to protect the Arctic’s fragile wilderness and prevent yet more greenhouse gas emissions. For Putin and Russia that … Russia the ‘petro state’Read more
Big Oil Clings to Tax Breaks While Hoarding Tens of Billions
On September 19 President Barack Obama announced his plan to reduce the deficit by $4 trillion over the next 12 years, including raising $1.5 trillion … Big Oil Clings to Tax Breaks While Hoarding Tens of BillionsRead more
Profits of Big 5 Oil Companies
Big 5 Oil Companies 2011 Profits in $Billions Q1 Q2 Q3 Total BP 5.48 5.30 5.14 15.93 ConocoPhillips 3.02 3.40 2.63 9.06 Chevron 6.22 7.73 … Profits of Big 5 Oil CompaniesRead more