Russia pressures Yukos on licenses
Russia turned up the pressure on beleaguered oil major Yukos on Wednesday, threatening to strip it of a key oil production license, a move that could force it out of business.
Russia turned up the pressure on beleaguered oil major Yukos on Wednesday, threatening to strip it of a key oil production license, a move that could force it out of business.
The oil market is over-supplied by three million barrels per day, Iranian Oil Minister Bijan Namdar Zangeneh said here on Tuesday on the eve of an OPEC meeting.
With OPEC members pumping nearly all the crude they can, analysts worry that a supply crunch is ahead.
One of the reasons a great many people, policy makers and leaders find it impossible to face the issue of peak oil is because it challenges the very beliefs that we argue are a priori truths about industrialised western societies, without requirement for justification, our fundamental birth-rights.
Untapped fossil-fuel reserves could be hidden deep within our planet.
High international oil prices mean that Brazilian ethanol is rapidly winning a place in new markets, according to findings by consultant Júlio Maria Borges, director of the JOB Economy & Planning consulting firm in Brazil.
Even $50 a barrel can’t wean the world from oil. Only government can do that.
Storms, skyrocketing fuel prices, cutthroat competition and labor costs have shaped turbulent times for US airlines, and the troubles are starting to trickle down to the low-cost carriers.
More than 6,000 species of butterflies and other insects, as well as mites, fungi and assorted unloved but important species, will also be wiped out when listed endangered species go extinct, scientists said.
Fresh Aire’s Terry Gross interviews ‘Blood and Oil’ author, Michael Klare
The tragic milestone of 1,000 U.S. deaths in the Iraqi quagmire should cause introspection about why the United States really went to war and whether it has been worth it.
A Report on the Second California Community Food Security Summit.