Shell

Royal Dutch Shell To Continue With Deepwater Oil & Gas Exploration Off Egypt’s Coast — Implications

Deepwater oil and gas exploration off Egypt’s Mediterranean coast is now slated to be resumed by Royal Dutch Shell after a fairly long pause, the company’s Executive Vice President Sami Iskander was quoted recently as saying at a press conference on the matter. Owing to faltering oil production and rising energy imports, the government of […]

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Alaska GLACIER Conferees Explore Arctic Climate Issues

Reprinted from our sister publication, CleanTechnica. Not upstaging, but as an important adjunct to the UN’s ADP negotiations that started today in Bonn, Germany, the one-day Conference on Global Leadership in the Arctic: Cooperation, Innovation, Engagement and Resilience took place in Anchorage, Alaska. Otherwise known as the GLACIER summit, the talks proceeded on two parallel

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Methane Emissions "Through The Roof" As Arctic Melts Faster Than Predicted: Arctic Study Group

Arctic methane emissions this month were recorded at historic-high levels, causing great concern among climatologists, who cite rapidly melting Arctic sea-ice and warming oceans as the main causes. As reported in the blog Arctic News, “huge amounts of methane are now escaping from the seabed of the Arctic Ocean, penetrating the sea ice, and entering the

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Infiltrating the Campaign: Corporate Spies in Activism

  By Patrick O’Keeffe As direct action coordinated by activist groups has proven to be an effective measure of shutting down corporate operations, governments and corporations have increasingly sought to gain information on the activities of groups engaging in such activities. This has given rise to the development of numerous corporations involved in gathering intelligence on

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Our Ocean Once Again

  Shell Oil has had its eyes on the Arctic for over five years now. Hundreds of meetings and billions of dollars later, this summer was supposed to be Shell’s year to finally drill in the Arctic Ocean. Thankfully, a series of embarrassing safety setbacks have held Shell back. The announcement that the company would

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Shell: A Series of Broken Promises Spells Trouble for the Arctic

This is a guest post by Dan Ritzman, Senior Campaign Representative for the Sierra Club. “We recognize that industry’s license to operate in the offshore is predicated on being able to operate in a safe, environmentally sound manner. Shell’s commitment to those basic principles is unwavering. Our Alaska Exploration Plans and Oil Spill Response Plans

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Big Oil: Tens of Billions in Cash Reserves but Opposing Fair Tax System

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 by closing special interest loopholes and other revenue raisers. This includes eliminating $41 billion in tax loopholes for the oil and gas industry (p. 63) over the next decade.

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Russia Helps to Protect Critically Endangered Western Grey Whales (Sort of)

Well, Russia is one key actor threating grey whales with extinction, but it has also taken a step forward in protecting the critically endangered species. “Companies seeking oil extraction rights to a newly available concession off Russia’s Sakhalin Island will not be permitted to conduct activities while Western gray whales are present,” WWF wrote last week.

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Oil Companies & U.S. Chamber of Commerce — One & the Same?

Continuing on with our series on 350.org’s The U.S. Chamber of Commerce Doesn’t Speak for Me campaign, let’s take a quick look at some ties between the Chamber and the oil industry.

As you may have heard, and 350.org recently noted, large oil companies are having a ball, raking in billions and billions of dollars in profit (that’s right, not revenue but profit) while the U.S. economy suffers:

“Exxon Mobil nabbed $10.7bn; Shell pulled in $6.9bn; Chevron, $4.5bn; and last but not least, BP, after accounting for oil spill losses still made out with $7.1bn.”

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