Record $4.5 billion settlement with BP in Gulf spill
British Petroleum agreed to pay a record $4.5 billion in penalties and plead guilty to felony misconduct for its role in the devastation caused by the 2010 Deepwater Horizon oil spill.
British Petroleum agreed to pay a record $4.5 billion in penalties and plead guilty to felony misconduct for its role in the devastation caused by the 2010 Deepwater Horizon oil spill.
Xi Jinping was chosen as general secretary of the Chinese Communist Party amid stepped-up repression and a wave of labor unrest in the Fujian and Zhejiang industrial zones.
Media bloviators argue about whether superstorm Sandy was "caused by" climate change, oblivious to the obvious reality: such extreme weather events are climate change!
"Mandatory evacuation" set a dangerous precedent for executive power and displacement of the poor—but will the "Frankenstorm" at least be a climate-change wake-up call?
The oil and energy industry are funding both candidates—but not equally. Romney has received $6 million from individuals and PACs linked to the industry; Obama $1.6 million.
From the New York Times, Oct. 8: 4 Die in Crash at Notorious Turn on L.I. RoadAll five were teenage friends from Queens, and four had been classmates at Richmond Hill High School. Some had started college and were planning… Read moreWHY WE FIGHT
Shell Oil faces litigation over Nigerian oil spills in the Dutch courts, while the Obama administration is urging the US Supreme Court to dismiss a similar case.
The Ninth Circuit Court of Appeals affirmed dismissal of the Alaskan village of Kivalina's claims against energy companies for greenhouse emissions it says threaten its existence.
Both parties represent global empire and corporate rule. But it is also clear that this election is turning into a referendum on whether the USA should be a white republic.
Romney’s new energy plan is billed as a drive towards “energy independence”—yet ironically mirrors the plan Obama unveiled two years ago to lift current restrictions on offshore drilling.
From Richmond, Calif., to the Gulf Coast, to the Niger Delta to the Ecuadoran Amazon—how many more disasters until a public seizure of the oil industry is finally at least broached?
Faced with declining production and economic chaos, Venezuela is again opening its oil-fields to private companies—reversing much of the progress in asserting state control of the hydrocarbons industry that was made under Hugo Chávez. Just after a series of new contracts with private firms was announced, President Nicolás Maduro flew to Beijing for a meeting with Xi Jinping. The two leaders announced further deals to open Venezuela's Orinoco Belt to Chinese companies. This comes a decade after Exxon withdrew from the Orinoco Belt, unable to come to terms with the Chávez government. (Photo via OilPrice.com)