One of the world’s legendary investors is upping his bet on Argentina’s shale oil and gas industry in a show of confidence for shale production in South America’s largest unconventional prize and a big boost for both supermajors and smaller players making big waves in the heart of new discovery areas. George Soros has doubled his stake in YPF SA, the state-owned oil company in Argentina, which... 

Oil behemoths BP and Chevron dumped toxic waste – including some radioactive material – from their drilling operations into coastal waters, claims Louisiana parish Plaquemines in a lawsuit removed to federal court Thursday. Plaquemines Parish alleges the companies released oil field waste into ocean water “without limitation,” violating the Louisiana State and Local Coastal Resources... 

US energy giant Chevron has resumed its search for shale gas in north-eastern Romania after hundreds of riot police reportedly brutally removed a bunch of villagers who had been camping out at the site protesting the company’s plan. Back in October, Chevron suspended its plans to drill an exploration well for shale gas in the village of Pungesti – which is believed to be sitting on vast reserves... 

Romanians protest against a Canadian gold mine project in the city of Cluj-Napoca on September 15, 2013. Thousands of Romanians have staged demonstrations against a controversial Canadian project that would open Europe’s largest gold mine in the country. On Sunday, approximately 4,000 people, who were carrying Romanian flags, marched in the capital Bucharest to show their opposition to the project,... 

Monsanto, Bill Gates, the Rockefellers, Craig Venter and other investors are working behind-the-scenes to bring genetically engineered (GE) algae to market with products that include fuel, animal feed made with manure, human food and vaccines. The US government have a stake in this enterprise, too. Obama put a moratorium on drilling for oil on federal land and voted down the Keystone pipeline, in... 

Last year NATO countries bombed Libya, demanding “democracy” in the country. But now it’s clear it was all about oil and it’s not like the Americans and Brits are going to be democratic about it, and share those spoils equally with France and Italy. So… oil giants Total from France and ENI from Italy are just going to have to wait in the sidelines while the hungry American and British big...