Tag: oil

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Canadian First Nations group raises red flag on proposed oil mining

Shell in Canada wants to expand its tar sands, also known as oil sands, mining operation in Alberta. But a group from the Athabasca Chipewyan First Nation says not so fast. They're worried the project will do great environmental damage, and violate their rights....
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'Energy sufficiency' for the U.S. in reach as American oil companies consider exports

For the first time in years, U.S. energy companies are moving to ship a sizable amount of U.S. crude oil abroad, in this case to Canada. It's just the latest step on the road to what economist Joe Stanislaw calls American "energy sufficiency."...
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Shell's Arctic drilling plan delayed by environmental concerns

Shell is ready to start drilling for oil in Alaska’s Chukchi and Beaufort seas. But environmental concerns and regulatory hurdles have chilled the oil company’s plans....
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Two-year-old Michigan oil spill still not completely cleaned up, yields large fine

Just months after the Gulf of Mexico oil spill, another oil spill hit the United States, this one in Michigan. But the clean-up for this one has been long, involved and convoluted. The still ongoing effort led the EPA recently to levy one of its biggest fines relating to an oil spill, some $3.7 million....
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Louisiana bayou slow to recover from Gulf oil spill

Many ecosystems along the Gulf coast have been slow to recover from the BP oil spill in 2010. But few have struggled as much as Louisiana's coastal wetlands, where the annual erosion rate doubled from five to 10 feet over an 18-month period....
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Lawsuit over BP oil spill threatens academic freedom, critics say

The multinational oil company BP recently was allowed to move ahead with a subpoena to gain access to 3,000 emails among the first scientists who showed up to measure the oil spilling from the Deep Water Horizon and contain the damage. Critics say BP's subpoena will have a harmful effect on academic freedom....
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Norway's oil and gas boom leaves other European economies lagging behind

Most countries in Europe are worried sick about debt, bailouts and unemployment, but Norway recently decided to cut spending in order to avoid too much growth. The smart management of Norway's oil and gas industry is bringing spectacular wealth to the country's small fishing towns....
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Delta Airlines drawing attention with purchase of Pennsylvania oil refinery

An oil refinery in Pennsylvania that was set to be closed has a new lease on life after Delta Airlines bought it to try and bring some stability and cost savings to its jet fuel purchases. Jet fuel accounts for more than one-third of the airline's costs....
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Obama promises action to fight oil market speculators; other questions effectiveness

President Barack Obama is trying to tackle high gas prices by targeting what he says is oil price inflation caused by speculators and market manipulators. Republican are calling it a political gimmick, oil experts say the reason for high prices is high global demand....
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Report: U.S. energy imports down, exports up; energy independence in sight?

A combination of factors have pushed the United States to reverse decades of trends. Oil and gas consumption is down and declining. Oil and gas production, domestically, is skyrocketing. Oil and gas imports are evaporating. All of this has the potentially to revolutionize American foreign relations and the U.S. economy....
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