Statoil, Shell pull out of carbon project after industry warnings Jun 29, 2007
Statoil and Shell are pulling out of their large-scale carbon-dioxide injecton plan for the Draugen and Heidrun offshore fields offshore Norway, saying it’ll cost too much to capture and transport the globe-heating gas.
By WILLIAM STOICHEVSKI

Rosneft selling 15 million tonnes of Kyoto carbon Feb 20, 2007
Rosneft will sell the right to emit 15 million tonnes of carbon-dioxide to the Danish, Dutch, Italian and Spanish carbon funds, as the Western European countries look for ways to meet their Kyoto pollution targets, it was understood Tuesday.

Indian Petroleum Ministry wants reduction in excise duty on diesel Jan 24, 2007
Indian Petroleum Minister, Mr. Murli Deora has sought a phased withdrawal of excise duty on diesel. To start with, Deora wants the excise to be reduced by Re 1 ($0.023) per litre in this year’s budget.

UK-wide emissions register finds developer Jan 16, 2007
The U.K. Department of Trade and Industry has awarded automation consultancy LogicaCMG a €500,000 contract to provide a country-wide, Internet-based emissions monitoring system for the oil and gas industry.