Over Easy: US Undermines Europe While Driving Russia East

By: Tuesday June 10, 2014 6:45 am

Four major pipelines pass through Ukraine transferring gas from Russia’s Great North to the European market. At the crossroads of the pipelines, Ukraine has benefitted from cheap, plentiful Russian gas that has helped fuel the prosperous industrial provinces of ethnic Russian east Ukraine.

 

Putin Pivots to China

By: Tuesday May 20, 2014 4:16 pm

Today, Vladimir Putin travels to Shanghai to finalize a huge gas deal with China. The agreement, ten years in the making, guarantees the sale of 38 billion cubic meters of natural gas per year to China for the next 30 years.

Russia most likely will sell the gas at $350-380 per 1,000 cubic meters, a slight discount from the price Gazprom quoted last January.

No Turning Back: Mexico’s Looming Fracking, Offshore Oil & Gas Bonanza

By: Monday May 12, 2014 7:05 pm

After generations of state control, Mexico’s vast oil and gas reserves will soon open for business to the international market.

Interview: “Big Men” Director Rachel Boynton on Oil, Ghana and Capitalism

By: Thursday April 17, 2014 6:57 pm

The subtitle of the newly released documentary film Big Men is “everyone wants to be big” and to say the film covers a “big” topic is to put it mildly.

Executive produced by Brad Pitt and directed by Rachel Boynton, the film cuts to the heart of how the oil and gas industry works and pushes film-watchers to think about why that’s the case. Ghana’s burgeoning offshore fields — in particular, the Jubilee Field discovered in 2007 by Kosmos Energy — serve as the film’s case study.

Never one to let a sad event be unexploited

By: Friday April 11, 2014 1:30 am

America’s greatest Americans (just ask them) always ready to put on the best possible lipstick on the face of human suffering.

Exxon’s Russia Partnerships Challenge US Energy Weapon Narrative

By: Tuesday March 18, 2014 7:15 pm

In a long-awaited moment in a hotly contested zone currently occupied by the Russian military, Ukraine’s citizens living in the peninsula of Crimea voted overwhelmingly to become part of Russia.

But even before the vote and issuing of sanctions, numerous key U.S. officials hyped the need to expedite U.S. oil and gas exports to fend off Europe’s reliance on importing Russia’s gas bounty. In short, gas obtained via hydraulic fracturing (“fracking”) is increasingly seen as a “geopolitical tool” for U.S. power-brokers, as The New York Times explained.

Tomgram: Michael Klare, In the Carbon Wars, Big Oil Is Winning

By: Saturday February 15, 2014 6:00 pm

How the Obama administration will come down on Keystone XL is still unknown. In a speech on climate policy last June, the president indicated that he would give highest priority to climate considerations when deciding on the pipeline. “Allowing the Keystone pipeline to be built requires a finding that doing so would be in our nation’s interest,” he said. “And our national interest will be served only if this project does not significantly exacerbate the problem of carbon pollution.” At the time, his comments raised the hopes of climate activists that Obama would ultimately decide against the pipeline. More recently, however, an environmental assessment conducted at the behest of the State Department and released on January 31st cast doubt on this outcome. The report’s reasoning: even though the exploitation of Canada’s tar sands will increase the pace of carbon emissions, their extraction and delivery to refineries is assured by alternative means — mainly rail — if the pipeline isn’t built and so its construction will not “significantly exacerbate” the problem of greenhouse gas emissions.

While this is certainly a uniquely sophistic (and shaky) argument, it is important to note that the Canadian producers and their U.S. partners are indeed attempting to stage an end-run around opposition to the pipeline by increasing their reliance on rail cars to deliver tar sands.

NSA Spied on Brazil Oil Company, Petrobras—What WikiLeaks Cables Reveal About Possible Motivation

By: Monday September 9, 2013 2:56 pm

A Brazilian television program has revealed that the National Security Agency in the United States spied on the internal and private computer networks of the oil company, Petrobras, which is partly state-owned.

Globo TV’s “Fantastico” program reported top secret documents from former NSA contractor and whistleblower Edward Snowden, which were provided to program by Guardian journalist Glenn Greenwald, include a May 2012 presentation used to “train new agents step-by-step on how to access and spy upon private computer networks—the internal networks of companies, governments, financial institutions—networks designed to precisely to protect information.”

Mr. Cuccinelli: Virginians Deserve an Answer

By: Friday August 30, 2013 3:44 pm

After siding with Consol Energy in a dispute regarding gas royalties for Virginia landowners, Attorney General Ken Cuccinelli received over $100,000 from Consol Energy and its subsidiaries. Our question for Mr. Cuccinelli is simple – given the conflicts of interest in taking money from a company involved in a lawsuit with landowners, will he give the money back?

If the President Wants Cleaner, Safer Gas and Oil, Give Consumers Knowledge and Power

By: Thursday February 14, 2013 5:55 pm

It was a relief to hear more than a passing reference to climate change in President Obama’s State of the Union Speech, including promises of more support for wind and solar power. But the oil industry heard nothing to even cause even a smidgen of concern.

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