BP

Last edited 1 January 1970 at 1:00am
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Who's going to defend the Arctic?

Posted by jamess — 18 January 2011 at 5:43pm - Comments
Oil companies are taking their drills to the Arctic
All rights reserved. Credit: Nick Cobbing / Greenpeace
Oil companies are taking their drills to the Arctic

The masters at Marvel comics would struggle to find bad guys worse than these.

Take two of the world’s biggest environmental villains – Russian Rosneft (special powers: oil leaks. 7,526 in 2009 alone) and British BP (special powers: oil spills. Gulf of Mexico, 2010).

Are oil investors using the wrong indicators of value?

Posted by jamess — 17 January 2011 at 2:06pm - Comments
Chopped down Boreal forest near a tar sands mine in Alberta, Canada
All rights reserved. Credit: Jiri Rezak / WWF
Chopped down Boreal forest near a tar sands mine in Alberta, Canada

We've released a report today with partners from Platform and Oil Change International about oil investment and increasingly risky sources of oil. Download the report here (pdf).

Lorne Stockman, from Oil Change International, blogs about the issues covered in the report:

Is a key valuation metric used by analysts to assess oil companies pushing big oil towards riskier and riskier projects?

Why don't you want an oil job?

Posted by jamess — 14 January 2011 at 12:13pm - Comments
The question is: has big oil ever had the brightest minds? (BP boss Hayward in f
All rights reserved. Credit: Daniel Beltrá / Greenpeace
The question is: has big oil ever had the brightest minds? (BP boss Hayward in front of world's worst oil spill)

Want to be this man? Apparently not.

Yesterday someone pointed me to an article on the BBC lamenting the drop in young brains chasing jobs in the dirty oil sector. It seems that having lost the battle for our hearts many moons ago, the oil industry has now officially lost the battle for our minds, too.

Last edited 1 January 1970 at 1:00am
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2011: The Arctic vs Big Oil

Posted by jamess — 6 January 2011 at 1:23pm - Comments
Polar bear crossing the melting sea ice
All rights reserved. Credit: Nick Cobbing / Greenpeace
Polar bear crossing the melting sea ice

Cairn Energy has fired the starting guns on its 2011 Arctic drilling operation.

Their plan is to lug a couple of massive rigs up to the icy waters around Greenland and drill four exploratory holes in the seabed.

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