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Total Production by the Top Five Oil Majors Has Fallen by a Quarter Since 2004

This is a guest post by Matthieu Auzanneau, a freelance journalist in France, author of the Oil Man blog at Le Monde, where this post first appeared. The combined crude oil production of the five main international oil companies (Exxon, BP, Shell, Che…  More »

Key Takeaways From This Week’s Reports From The IEA, IMF, and EIA

There has been an acronymtastic set of reports this week from the IEA, IMF, and EIA. So from these nine letters come six charts out of three reports. Alphabetti spaghetti indeed.  First up is the IMF’s World Economic Outlook, which highlights a couple of key trends through some simple graphics. This first one is economic growth […]  More »

Committee endorses Moniz to be energy secretary

A Senate committee endorsed President Barack Obama’s nomination of Ernest Moniz to be energy secretary on Thursday, queuing up a possible confirmation vote next week.  More »

Margaret Thatcher: Global Warming Provides a Marvelous Excuse for Global Socialism

In honor of Margaret Thatcher’s memory, favorite quotes from the Iron Lady have popped up everywhere. This one came across my Facebook newsfeed: “Global warming ‘provides a marvelous excuse for worldwide, supra-national socialism.’”  More »

Chevron defies California on carbon emissions

Chevron Corp. (CVX) helped write the first-in-the-nation rule ordering reduced carbon emissions from cars and trucks. Its biofuels chief spoke at the ceremony where California Governor Arnold Schwarzenegger signed the executive order in 2007, the same year the oil company pledged to develop a gasoline replacement from wood.  More »

Higher natural gas prices will boost companies’ profits

A recent rise in natural gas prices is expected to give natural gas companies a much needed boost in first quarter earnings, an analyst’s report said Tuesday.  More »

Route change forces Keystone foes to shift aim to climate change

Opponents of the Keystone XL pipeline used to have a simple argument: the project would endanger Nebraska’s delicate Sand Hills region, a vast network of dunes and wetlands that have been designated a National Natural Landmark.  More »

Energy as dirty as 20 years ago on slow climate effort, IEA says

The level of carbon emitted in global energy supplies has barely changed in 20 years amid stalled efforts to curb pollution and increased coal use, the International Energy Agency said.  More »

BP sued for gas release at its former Texas City plant

A lawsuit alleges that residents living near a Texas City refinery suffered health effects because of emissions from the plant.  More »

The Danger of Politics – Europe Fails to Support Carbon Market

The EU Parliament unexpectedly shot down a proposal to reduce the supply of greenhosue gas credits entering the EU market, going against the recommendation of the Environment Committee, the EU Climate Action Commissioner, and the European Commission itself. While some of the negative votes were expected (Poland has fought vociferously against any action that would […]  More »

Environmentalists: Feds overlooking climate costs of Keystone XL

As House Republicans advance legislation to expedite the Keystone XL pipeline, environmentalists on Tuesday released a new report insisting the State Department is ignoring the full climate change damage that could result if the Obama administration approves the project.  More »

Report: Seismic research on East Coast could harm 140,000 whales & dolphins

Nearly 140,000 whales and dolphins could be injured if the Obama administration allows energy companies to conduct seismic research aimed at identifying oil and gas along the Atlantic Coast, according to a new report issued Tuesday.  More »