Energy, Mining & Utilities
In Canada's British Columbia, ExxonMobil, Talisman, Shell, and other energy giants are racing to tap the region's "sour gas". But the potential toxicity of the gas is being ignored.
The Ontario-based mineral company Platinex has slapped the Ojibwa of Kitchenuhmaykoosib Inninuwug (Big Trout Lake) First Nation (KIFN) with a $10-billion damage suit for refusing the company permission to drill on territory the KIFN says is its own.
PORT HARCOURT, Nigeria -- A Rivers State High Court in Port Harcourt has ordered Royal Dutch/Shell to pay US$40 million in compensation for an oil spill which happened in 1970 in Ogoniland.
More than 500 people packed the Pompano Beach Civic Center on Monday night in a formidable display of opposition to Enron Corp.'s plans for a power plant next to Florida's Turnpike.
Aubrey McClendon, the founder and CEO of Oklahoma-based Chesapeake Energy, who championed natural gas to the extent of paying environmental groups to oppose coal, is facing angry shareholders for his profligate ways. Chesapeake is one of the leading users of fracking - an environmentally questionable method of extracting natural gas.
Cairn Energy, a Scottish oil exploration company, has demanded that India pay $5.6 billion in compensation for losses that the company claims it has sustained as a result of a tax bill. The company has taken its claim to an arbitration panel under the United Kingdom-India Investment Treaty.
Russia is forging ahead with ambitious energy projects in eastern Siberia, but the indigenous Evenk people are complaining that their age-old way of life is in danger.
Coal-fired power stations in Greece, Germany and Spain top a new table of Europe's dirtiest electricity plants, the environmental group WWF International said on Tuesday.
Patrick Daniel, the CEO of Enbridge Inc, is bullish about the future of unconventional oil from Canada's massive tar sand deposits. His company not only operates North America's longest crude oil and liquid pipelines, but transports 12 percent of the oil that the U.S. imports daily. Canada's bitumen, or dirty crude, lies under a forest area the size of England and is arguably the world's last remaining giant oil field.
Mounting concerns about global energy supply are fueling a drive by the oil industry and some U.S. lawmakers to end longstanding bans on domestic drilling put in place to protect environmentally sensitive areas.