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Big Oil is being forced to rethink its future
Image via Wikipedia
ON THE face of it the world’s big and publicly quoted oil companies should be celebrating some pleasing results this week. Royal Dutch Shell unveiled its results on Thursday February 4th, reporting that it had made $9.8 billion in 2009. Two days earlier BP boasted profits of $14 billion [...]
Oil Industry Sets a Brisk Pace of New Discoveries
The oil industry has been on a hot streak this year, thanks to a series of major discoveries that have rekindled a sense of excitement across the petroleum sector, despite falling prices and a tough economy.
A Bloom in Biofuels
The same organisms that created the oil and gas now powering our industrial society and warming the globe can also be used to make carbon-neutral fuels.
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