Oil

Part of: Fossil fuels

Oil consists of various hydrocarbons. It is produced by the anaerobic decay of organic material under the surface of the earth. Both oil and gas can be extracted by drilling, they are lighter than water and they tend to rise from their sources when released from their underground pockets. Petroleum is mostly used for producing fuel oil and petrol. The burning of oil releases carbon dioxide into the atmosphere. Extraction of oil is costly and environmentally damaging. The top petroleum-producing countries are Saudi-Arabia, Russia, the United States and Iran.

ARTICLES
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whitehouse.gov

[ 23.02.2010 ]
‘Hybrid’ US climate legislation likely to back track on some environmental promise to throw big bones to industry
NEW YORK – For weeks following Predident Barack Obama’s State of the Union address, in which he more or less put at arms length or overturned some of the brighter climate promises he had made only a year before, his administration is spreading itself thin to come up with climate and energy legislation that will pass the Senate.
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Bellona

[ 22.02.2010 ]
When and how will Shtokman be launched?
MURMANSK – Shtokman Development AG – the operator company behind the first development stage of the Shtokman gas condensate field on the Barents shelf – met with Murmansk environmentalists to discuss the project’s investment prospects, the Shtokman environmental impact study, and ways to handle CO2 emissions from the future production site.
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pim.org.ru

[ 16.02.2010 ]
Murmansk authorities spurn environmentalists – and the environment
ST. PETERSBURG – In late January, Dmitry Dmitriyenko, governor of Russia’s Far Northern region of Murmansk, on the Kola Peninsula, met with representatives of the region’s public organisations, ethnic and cultural groups, and members of the Public Chamber. Altogether, Dmitriyenko heard some 20 people – but not an environmentalist among them. Below is an opinion piece by Alexei Pavlov, Director of Bellona’s St. Petersburg offices.
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NEWS
[ 16.03.2010 ]
Russian coal: a new challenge

A roundtable discussion organised by the German Marshall Fund of the US (GMF) was held in Brussels last week. The roundtable discussed Russian coal production in the context of Dmitry Medvedev’s, President of the Russian Federation, announcement in November 2009 that Russia was looking to expand its coal-fired energy production by 26% in time for 2030 to meet rising domestic energy demands. A recent paper commissioned by the GMF finds that such demands could be met more cost-effectively through increased energy efficiency measures.

[ 23.11.2008 ]
EC estimates 25 percent of untapped oil reserves in Arctic – and urges international environmental protections

According Benita Ferrero-Waldner, the European Commissioner responsible for External Relations and European Neighbourhood Policy, the Arctic zone could contain as much as 25 percent of the world’s untapped oil reserves, RosEnergy newswire reported

[ 23.11.2008 ]
Russian Duma to create Northern environmental protection group

The Russian Duma has created a group focusing on the environmental problems of Russia’s far in response to the boomtown rush to tap the areas vast natural resources, specifically oil and gas, Russian media reported.

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