The oil giant Exxon Mobil. It’s under criminal investigation in New York over claims it lied to the public and investors about the risks of … Oil giant ExxonMobil is under criminal investigationRead more
Oil
Posted inEconomics / Oil / ToMl
Why the Price of Oil is Doomed for Longer than Expected
US natural gas has taught us this: In this era of free money, prices can stay below the cost of production a lot longer than … Why the Price of Oil is Doomed for Longer than ExpectedRead more
Posted inFossil fuel / Oil / Pollution / Spill / ToMl
BP ‘Got Off Cheaply’ With $18.7 Billion Settlement
BP had already estimated economic damages resulting from the Deepwater Horizon disaster at some $43 billion The U.S. Justice Department announced Thursday that the United … BP ‘Got Off Cheaply’ With $18.7 Billion SettlementRead more
Posted inFossil fuel / Global Warming / Greenhouse gas / Oil / ToMl
Fossil fuel companies have been lying about climate change for more than 30 years
For nearly three and a half decades — longer than many of you dear Grist readers have even been alive — the fossil fuel industry … Fossil fuel companies have been lying about climate change for more than 30 yearsRead more
Posted inArctic / News / Oil
Statoil Ends Arctic Oil Drilling Program
The Norwegian oil company Statoil has announced it’s ending its Arctic oil drilling program, even though its stakes in the Arctic don’t expire until 2020. … Statoil Ends Arctic Oil Drilling ProgramRead more
Posted inArctic / Government / News / Oil / USA Empire
Obama Administration Blocks Oil Drilling in Arctic
the Obama administration has ended the possibility of oil drilling in the Arctic for the rest of President Obama’s tenure. The administration canceled plans to … Obama Administration Blocks Oil Drilling in ArcticRead more
Posted inClimate Disaster / Economics / Oil / ToMl
Exxon appears now to be denying that they were denying climate change
Exxon climate change cover-up that some compare to the deceptions of Big Tobacco. Recent exposés by InsideClimate News and the Los Angeles Times revealed that … Exxon appears now to be denying that they were denying climate changeRead more
Posted inAmazon / News / Oil / Pollution
Key Chevron Witness in Amazon Pollution Case Admits Lying
A key witness in Chevron’s effort to avoid paying for environmental contamination in the Ecuadorean Amazon has admitted he lied. In 2011, a group of … Key Chevron Witness in Amazon Pollution Case Admits LyingRead more
Posted inFossil fuel / Oil / ToMl / Water
Oil refineries use a ton of water
oil refineries, which are estimated to be the second-biggest water user of non-ag businesses in the state (after golf). The plants process more than 80 … Oil refineries use a ton of waterRead more
Posted inArctic / Oil / Protest / Social / ToMl
Hang On to the Anchor of a Shell Oil Ship for 63 Hours
As Royal Dutch Shell prepares for its summer Arctic drilling plans, environmentalists, indigenous communities, and concerned citizens alike are ramping up their efforts to stop … Hang On to the Anchor of a Shell Oil Ship for 63 HoursRead more