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Range Resources, a Texas company, bullied the federal government into dropping a scientific report on environmental contamination caused by fracking, a new investigation has just revealed. This comes on the heels of two major pro-fracking academic reports that had to be withdrawn in 2012.
Leaders attending the annual Rainbow PUSH Coalition conference on Monday called for a boycott of oil giant BP PLC, a conference sponsor, and for a renewed focus on increasing minority representation on national television news channels, including CNN.
Venezuela's state oil monopoly, PDVSA, one of the biggest companies in the Southern Hemisphere, is facing the challenge of holding onto its status as one of the world's leading oil firms after a two-month lockout that crippled output and the dismissal of nearly half of the company's executives.
The World Bank should revamp its lending policies for mining, oil and gas projects to avoid corruption, mismanagement and poor economic performance spreading in countries that rely on such industries, says a confidential study by the Bank's internal review body.
MOSCOW, Apr. 1 (IPS) -- Moscow is planning to develop new markets in Asia for its crude oil and become an alternative to the volatile Middle East. In the blueprint are big pipeline projects to boost its oil exports to countries such as Japan -- the second biggest importer of oil in the world after the United States -- and China, the world's third largest oil consumer.
Nigeria's petroleum industry may not benefit from the bombardment of Iraq by the United Stated-led coalition after ethnic clashes last week forced multi-national companies to shut down of operations in Warri, one of the major oil-producing cities in the Niger Delta region.
The invasion of Iraq hasn't even begun and already Rubar Sandi is drawing up post-war plans to repair decrepit oil wells, overhaul the financial services sector and revamp its economy.