oil

It’s a Dirty Business — The New Gold Rush That Is Blackening Canada’s Name

Syncrude's Fort McMurray tar sands (Times/UK)

A giant mechanical digger gouges out a chunk of topsoil, grass and tree stumps, extending a neat furrow that stretches into the distance. Dozens of similar furrows run parallel with the regularity of a ploughed field.

Yet no crop could grow in the pitch-black surface exposed by the machine working 1,000ft below our helicopter. This is the edge of a fast-expanding open-cast mine in the Canadian tar sands, one of the world's most polluting sources of oil.

Leaking Oil Rig in Timor Sea Catches Fire

In this photo provided by PTTEP Australasia, the West Atlas oil rig is seen burning about 150 miles (250 kilometers) off Australia's northwest coast Monday, Nov. 2, 2009. The fire started while workers made another attempt to plug the hole that has been leaking an estimated 400 barrels of oil a day since Aug. 21. (AP Photo/PTTEP Australasia)

No one was injured in the blaze and all non-essential staff have been airlifted from the West Atlas rig, operators PTTEP said.

The fire, which started during an attempt to plug the leak, comes as environmental campaigners criticised PTTEP and the Australian government over their handling of the crisis.

An estimated 400 barrels of oil a day have escaped from the rig since Aug. 21.

Officials now plan to pour mud into the leak hoping to remove the source of fuel from the fire, which was sending huge plumes of smoke into the sky.

T. Boone Pickens says US Firms 'Entitled' to Iraqi Oil

Financier T. Boone Pickens speaks during the World Business Forum in New York October 6, 2009. (REUTERS/Lucas Jackson)

WASHINGTON - Oil tycoon T. Boone Pickens told Congress on Wednesday that U.S. energy companies are "entitled" to some of Iraq's crude because of the large number of American troops that lost their lives fighting in the country and the U.S. taxpayer money spent in Iraq.

Boone, speaking to the newly formed Congressional Natural Gas Caucus, complained that the Iraqi government has awarded contracts to foreign companies, particularly Chinese firms, to develop Iraq's vast reserves while American companies have mostly been shut out.

Posted in iraq invasion, oil

How UK Oil Company Trafigura Tried to Cover up African Pollution Disaster

Trafigura chartered the Probo Koala to take the waste to Africa. (Photograph: Raigo Pajula/AFP) The British oil trader Trafigura has offered to pay out in a historic damages claim from 31,000 Africans injured by the dumping of toxic waste in one of the worst pollution disasters in recent history, the Guardian can reveal.

The compensation deal for the victims of toxic oil waste dumping in west Africa – likely to be confirmed imminently – means the full extent of attempts to cover up what really happened can be detailed for the first time.

The Afghan Pipe Dream

America's convoluted, Alice-in-Wonderland interpretation of this summer's top political show - the "free expression of the people" in the Afghanistan election - reads like an opium dream. In fact, it is actually a pipe dream - as in Pipelineistan. With the added twist that no one's saying a word about the pipe that's delivering the opium dream.

Posted in oil, War/Empire, Af-Pak

Afghanistan and the New Great Game

Why is Afghanistan so important?

A glance at a map and a little knowledge of the region suggest that the real reasons for Western military involvement may be largely hidden.

Afghanistan is adjacent to Middle Eastern countries that are rich in oil and natural gas. And though Afghanistan may have little petroleum itself, it borders both Iran and Turkmenistan, countries with the second and third largest natural gas reserves in the world. (Russia is first.)

Greenpeace Study Finds Oil Companies May Be Doomed

In this May 29, 2009 file photo, an oil rig is seen at sunset in the desert oil field of Sakhir, Bahrain. (AP Photo/Hasan Jamali, file)

A long-term decline in the demand for oil could undermine the huge investments in Canadian tar sands, which have been heavily opposed by environmentalists, according to a report published today.

The report, by Greenpeace, will make uncomfortable reading for the companies that are investing tens of billions of pounds to exploit the hard-to-extract oil in the belief that demand and the price would climb inexorably as countries such as China and India industrialise.

Posted in Energy, oil

Blood and Oil in Central Asia

In the past month, two seemingly unrelated events have turned Central Asia into a potential flashpoint: an aggressively expanding North Atlantic Treaty Organization (NATO) and a nascent strategic alliance between Russia and China.

At stake is nothing less than who holds the future high ground in the competition for the world's energy resources.

Will Iraq Be a Global Gas Pump?

Has it all come to this? The wars and invasions, the death and destruction, the exile and torture, the resistance and collapse? In a world of shrinking energy reserves, is Iraq finally fated to become what it was going to be anyway, even before the chaos and catastrophe set in: a giant gas pump for an energy-starved planet? Will it all end not with a bang, but with a gusher? The latest oil news out of that country offers at least a hint of Iraq's fate.

For modern Iraq, oil has always been at the heart of everything.

Posted in oil, War/Empire, Iraq

Niger Delta Standoff

Behind fighter-planes and gunboats, Nigerian forces launched a full-scale offensive in the Niger Delta on May 13, displacing 30,000 people and sparking a humanitarian crisis. Thousands of civilians fleeing destroyed villages are now trapped between armed resistance groups and the Nigerian military. These civilians are hiding in the bush without food, water, or medical supplies, let alone Internet access to alert the world of their plight, as Iranians are doing via Twitter.

Posted in Human Rights, oil, nigeria
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