Shell hit by new lawsuit in US over reserves scandal
Embattled oil giant Royal Dutch/Shell was hit with a new lawsuit in the United States on behalf of shareholders seeking compensation over the group’s energy reserves scandal.
Oil
US: Deadly dependence on Mideast oil
Sadly, we will pay a steep price for having frittered away the years, even the decades since the oil shocks of the 1970s.
Ethnically diverse oil zone a tinderbox / Uneasy relations between Kirkuk’s Arabs and Kurds
Leaders of local Arab tribes warn that they are arming themselves to keep the oil industry out of Kurdish hands.
We Have Always Spent Iraqi Money on That: Conquer and Plunder Follows “Shock and Awe”
The cost of Iraq’s reconstruction and the practice of awarding large contracts to big corporations with close ties to the administration, such as Halliburton, have been repeatedly criticized over the past year. Recent news reports, however, indicate the truth is even worse.
Reflection on Colin Campbell’s 1999 predictions
A contributor to the www.PeakOil.com forums, reviews some of Colin Campbell‘s 1999 country by country predictions of oil peak.
Oil won’t last; our ingenuity to live with less of it is our test now
It’s impossible to overstate how oil has impacted our lives. Cheap and plentiful oil, combined with human ingenuity, has created a world unimaginable to those who lived only a few generations ago.
Time for an energy revolution
It is now possible to save more oil through energy efficiency than the US could possibly find in the ground, and to do so at a per-barrel cost well below the average market price for oil.
‘Oil’ author will speak tonight
The 100-year reign of the world’s oil-based economy is nearing its zenith, according to Paul Roberts.
Behind the Scenes U.S.-China Cooperation May Focus on Oil
As a Sing Tao Daily headline reported on the paper’s front page, President Bush and Vice President Dick Cheney met with China’s foreign minister in Houston earlier this month, after former President Ronald Reagan’s funeral.
Unlimited Oil?
The abiotic origin of oil, is a theory that has yet to see conclusive evidence. It’s known better for it’s lack of evidence against, than evidence for.
Oil Edges Up as Norway Situation Escalates
Oil prices edged up on Thursday as Norwegian employers said they would lock out striking workers next week, threatening to shut off almost all oil and gas output from the world’s number three crude exporter.
Australia encourages barrier reef oil exploration
Australia has increased tax concessions to encourage oil exploration in the far reaches of the Great Barrier Reef, angering environmentalists who warn an oil spill could destroy the world’s largest living reef system.
