We have 50 years to get unhooked. Is it too late? A senior economist at HSBC claimed in a recent report that the world’s oil resources are only expected to last five more decades, according to the New York Times. An earlier report from Wikileaks that Saudi Arabia’s peak oil is expected to happen much […]
The Elah Valley, which IEI hopes to use as testing grounds for oil shale extraction. The annual Israeli “Green Globe” award ceremony, hosted by the environmental umbrella organization Life and Environment, took place last Thursday where recipients included Minister of the Environment Gilad Arden. That award ceremony is not all pats-on-the-back and positive recognition, however. […]
The short documentary highlights the lack of adequate flood protection in Saudi, after floods killed four this winter and left over 120 people dead in 2009 Whilst the world deals with the recent Wikileak revelations that Saudi exaggerated its oil supplies by 40%, local Saudi citizens have got together to deal with a more pressing […]
Can commercial monstrosities like these in Mecca cause political upheaval in Saudi Arabia? The Kingdom of Saudi Arabia has always had its share of enemies. This is especially true in these times, when both the Islamic Republic of Iran and the Al Qaeda terrorist organization have both expressed great interest in replacing the monarchy there […]
What is the impact of development on the Gulf’s marine ecosystem and can oil companies really play a part in its preservation? As sharks face the threat of extinction worldwide, conservationists in Egypt have recently raised concerns over the need to protect reef sharks in the Gulf by establishing sanctuaries. Fifty years ago, the Gulf […]
Bikers in central Israel. The sign on the front right draws attention to potential impact of oil shale exploration on local industry: A barrel of oil costs $80. A barrel of wine costs $6,000. Over 1,000 concerned citizens attended last Friday’s protest gathering in Tel Azeka to oppose powerful oil interests using their land as […]
Three Oil Refineries Ltd. employees killed as a result of “negligence?” An explosion at Israel’s largest oil refinery resulted in a gas leak that killed three people last week. Located in the bay area of Haifa, Oil Refineries Ltd. (ORL) has an annual capacity of 9.8million tons of crude oil and a daily maximum capacity […]
David fights Goliath again in Israel’s Elah Valley: Union for Environmental Defense takes on Genie Oil & Gas Inc., now backed by some of the world’s most powerful banking, media, and oil barons intent on destructive oil shale exploration. In 2008, Israel’s Ministry of Infrastructure granted Israel Energy Initiatives (IEI) the right to produce gas […]
Is nothing holy anymore? The Iranian Government rubber stamps oil exploration in the country’s most important national park. The Iranian government has decided to start an oil exploration project in a national park in Kavir National Park in the Semnan province, south east of Tehran. The opponents of the project, from the Iranian Environmental Organization, […]
Organizers of the Health, Safety and Environment Expo in October invite businesses, individuals, and organizations from all over the Middle East to participate in Iran. Clean tech and green conferences aren’t just taking place in the US and Europe. From 12-15 October 2010, the First International Health, Safety and Environment (HSE) Exhibition 2010 will be […]
[youtube]http://www.youtube.com/watch?v=zpcxn3PKlps[/youtube] The Egyptian Government has failed to provide concrete answers regarding the Red Sea oil spill that occurred last month. One month after oil leaked on to Hurghada’s beaches along the Red Sea, popular among tourists for reef diving, the Government-run oil company Petroleum Misr denies responsibility for the spill despite footage that incriminates them. […]
Libyan bargain hunters look to scoop up shares of BP. Should the world’s environmentalists be concerned? Image of Libyan president al-Gaddafi via Daily Mail News that doesn’t bode well for the environment? Rich Libyan oil barons are vying for a controlling stake in British Petroleum (BP) the UK oil company leaking billions from the Gulf […]
Anti British Rhetoric Placing the two Nations on a Collision Course As the White House starts crunching the numbers behind the costs of BP’s Gulf of Mexico debacle, the projected costs – and future debt of BP – begins to become clearer, placing Washington and London on a collision course. In the US, the spill […]
Israel’s offshore oil resource are larger than previously thought, pitting the state against oil tycoons defying demands for a larger public share of oil revenues. In the context of fossil fuel-induced climate change, does the development of petroleum resources have any justification at all? Last week, a consortium including the American energy corporation Noble Energy […]