The country’s tuna industry, which is centered in this city, would be adversely affected should Chinese companies be allowed to conduct offshore mining ventures in the disputed Spratly Islands, a nationwide militant fisherfolk group said.
Fernando L. Hicap, chairperson of the Pambansang Lakas ng Kilusang Mamamalakaya ng Pilipinas (Pamalakaya), said the alleged secret deal between the [...]
Oil prices were steady in Asia Wednesday as traders awaited the release of a U.S. government inventory report expected to show increases in supplies of crude, gasoline and distillates.
Light, sweet crude for August delivery lost 6 cents to $67.71 a barrel in Asian electronic trading on the New York Mercantile Exchange, midmorning in Singapore. [...]
THE world’s largest untapped oil reserves - in the Canadian Arctic - have become the new front line in the battle between environmentalists and the energy industry.
Shell, a self-styled “green” energy company, is to invest billions of dollars in exploiting the Athabasca tar sands.
Environmentalists say the tar sands are the world’s dirtiest oil deposits and [...]
Flair Petroleum Corporation reports that the Company’s Board of Directors has passed a unanimous resolution to cancel 60 million common shares previously issued to shareholders Flair Petroleum Ltd. (UK) and Credifinance, Inc., which were to have conveyed to the Company a joint venture covering heavy oil deposits in the Uinta Basin of the State of [...]
If Congress allows oil and natural gas drilling off the Virginia coast, New Jersey’s $36 billion-a-year tourism industry and fragile coastal ecosystems could be devastated, state Environment Commissioner Lisa Jackson told a Senate panel Thursday.
The state’s commercial and sport fishing industries as well as aquaculture operations, which together generate $4.5 billion a year, also [...]
China, which is aggressively seeking overseas energy assets to fuel its booming economy, said Sunday that one of its biggest conglomerates has bought the Kazakhstan oil assets of a Canadian company for $1.91 billion.
China’s CITIC Group bought the oil assets of Canada’s Nations Energy Company Ltd. and granted KazMunaiGas, Kazakhstan’s state-owned oil company, an option [...]
Hundreds of Bari Indians came from the hills yesterday in their first march to demand that the state-owned oil company stop drilling on sacred land abutting their reservation.
The 700 protesters rallied in one of Colombia’s most war-ravaged regions on Columbus Day — commemorated as “Dia de la Raza” or “Indigenous People’s Day” in much of [...]
Hundreds of Bari Indians, most clad in loincloths and carrying bows and arrows, came down from the hills in their first march ever Thursday to demand that the state-owned oil company stop drilling on sacred land abutting their reservation.
The 700 protesters rallied in one of Colombia’s most war-ravaged regions on Columbus Day — commemorated as [...]
The president of Shell Oil, in Miami for a speech, says it’s time to embrace new energy sources.
In the wake of last year’s hurricanes, the United States narrowly averted a major disruption to its fuel supply on a scale “inconceivable in recent memory,†says Shell Oil Co. president John Hofmeister.
A year later, Hofmeister says he [...]
The Department of Energy reports it will provide more than half of the funding for a $1 million MIT project aimed at helping oil and gas companies identify geologic ’sweet spots’ in low-permeability oil and gas reservoirs, optimizing the placement of wells.
The award is part of a larger initiative by the DOE aimed at [...]
