Categories
In The News

A Breakdown Of Why The Fossil Fuel Industry Owes Trillions In Climate Reparations

The largest companies in the fossil fuel sector are responsible for financial costs valued at $209 billion annually from 2025 to 2050, according to a new study published in the scientific journal One Earth.

Categories
Economy Green

A Week Of Record Oil Profits — Here Comes The Greenwashing!

The oil and gas sector is counting its billions, and preaching renewables. The math doesn’t compute.

Categories
Economy Geopolitics

What The Pandemic Exposes About Russian Dependence On Oil

Lockdowns, travel restrictions and the shift toward remote working have combined to cut global demand for oil. Moscow hopes it’s all just a passing trend. But is that really the safest bet?

Categories
Economy Society

Why CEOs Still Can’t Say ‘I’m Sorry’

Though some top executives have learned the art of apologizing, others compound their company’s PR problems by failing to take responsibility. Welcome to the “aquarium!”

Categories
Geopolitics

Criticism Of Algerian Blitz To Free Hostages, As It Moves Into Day Two

ANI (Mauritania), TSA, EL WATAN (Algeria), LE MONDE, L’EXPRESS (France), AP Worldcrunch ALGIERS – Confirmed information on the ground is still scant, but Algerian authorities do acknowledge that the assault against Islamist hostage takers was still ongoing Friday, more than 24 hours after it began at a gas treatment plant 1600 kilometers south of the […]

Categories
Geopolitics

Explosive Hostage Standoff In Algeria: Reports Of Escapes, Deaths

TSA, EL WATAN (Algeria), SUD OUEST, LE MONDE, NOUVEL OBS (France) ALGIERS – At least 25 Western hostages held at an Algerian gas facility have escaped Thursday. News reports say Americans and Japanese are among those freed. There are also unconfirmed reports that several of the hostages have been killed after Algerian security forces had […]

Categories
Economy

With Putin’s Help, BP May Team Up With Russian State To Explore Arctic For Oil

KOMMERSANT (Russia) BBC Worldcrunch MOSCOW – Russian President Vladimir Putin is back in the middle of the oil business. Putin met this week with the head of Rosneft, a partially state-owned oil company, as well as the president of BP and a representative from the British multinational’s board of directors to see if a partnership […]

Exit mobile version