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Tag oil industry

North Sea leaks ‘reality check’ for British oil industry, says Greenpeace

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North Sea leaks ‘reality check’ for British oil industry, says Greenpeace

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Environmentalists say industry's arctic safety case undermined by figures showing 55 pollution incidents in last month. Britain's offshore rigs and platforms have leaked oil or other chemicals into the North Sea on...

Keystone oil sands pipeline rejected, for now

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Keystone oil sands pipeline rejected, for now

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NEW YORK (CNNMoney) -- The Obama administration rejected a bid to expand the controversial Keystone oil sands pipeline Wednesday, saying the deadline imposed by Congress did not leave sufficient time to conduct the...

Pressure Builds to End $4 Billion in Taxpayer Subsidies for Oil Companies

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Pressure Builds to End $4 Billion in Taxpayer Subsidies for Oil Companies

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In these days of federal budget-cutting (and high gas prices), it was only a matter of time before subsidies for oil companies came under closer scrutiny. That moment has come. Chatter has been building for a few w...