Arctic drilling Archives | PlanetSave

Browsing the "Arctic drilling" Tag

string(0) "" Loading...

ExxonMobil Says Goodbye To Russian Arctic Oil Well (Part 1)

You may well ask why PlanetSave, a blog usually dedicated to positive developments and actions to save the earth, is reporting news about ExxonMobil and a Russian arctic oil well. The oil discovery appears to have nothing to do with solar or wind or most of our usual topics—we’re talking fossil fuels here, which have caused much […]

October 8th

Western Arctic Threatened By Oil Drilling

  Big Oil continues its assault on the Arctic by pushing for increasing oil drilling. This time it’s the Western Arctic that’s particularly at risk. Next week, House Republicans are expected to unveil a legislative package that once again calls for drilling everywhere, regardless of the risks and impacts to the climate, and to our […]

June 13th

Political News: Exxon Rakes in Huge Profits (Pays Low Taxes); GOP Paranoia Increasing; GOP Gets Big Money from Keystone XL Backers;…

1. Exxon Rakin’ in the Dough, Paying Super Low Taxes ExxonMobil’s end-of-year financial summary shows that it made a whopping $41.1 billion in 2011 (35% more than in 2010) but only paid a 17.6% tax rate. Who lets them get away with such robbery? Congress obviously does. But so do we, if we don’t hold […]

February 7th

Polar Bear Blocks Cairn Energy Headquarters, Greenpeace Activists Shadow Oil Rig in Arctic

Greenpeace, as I wrote two days ago, is not at all comfortable with oil companies drilling in the Arctic (and who could be!)… and to show their disapproval, they had a polar bear blocking the headquarters to Cairn Energy (the only company looking to drill for oil in the Arctic this year) yesterday morning and they have two ships shadowing the Cairn Energy oil rig in the Arctic (which is protected by a Danish warship).

May 27th

Shell Cancels Plans to Drill in Arctic (Success!)

“Shell announced that they’ve cancelled their plans to drill exploratory wells in the Arctic in 2011 due to lack of confidence that they would meet the standards to get the required permits,” Oceana (and plenty of others) enthusiastically reported yesterday. Of course, there is no known method of successfully cleaning up oil spills in the […]

February 5th

Thorough Analysis Needed Before We Recklessly Drill in Arctic Ocean

The BP oil spill was an accident. There are many things that probably could have prevented it, though. For example, more careful governmental review. Yet, while we are still discovering negative consequences resulting from this tremendous environmental and economic disaster, there are people pushing to streamline oil and gas drilling in the Arctic. The Wilderness […]

November 16th