Search results

Two different stories from separate parts of the world, but one underlying trend that signals just how bad the energy crunch has become. It may be the price of oil that is grabbing the headlines but you should also keep...

A new survey in the UK makes interesting reading. More than seven in 10 voters insist that they would not be willing to pay higher taxes in order to fund projects to combat climate change. The survey also reveals that...

OK, so the McCain/Clinton gas tax holiday idea would probably get some stiff competition, but its in the running, for sure. It will encourage more driving, thus driving up demand, thus meaning higher prices. It will simultaneously discourage investments in...

Anything BP can do, Shell can do too. Analysts believe that BP has dumped its so-called green credential and gone back to the basics of drilling oil. Now Shell seems to be doing the same too. Shell has pulled out...

New data on Iraq oil revenues suggests that country's government will reap an even larger than expected windfall this year — as much as $70 billion — according to the special U.S. auditor for Iraq. New figures from Iraq's government...

Most people believe oil is running out and governments need to find another fuel, an international poll has found. On average, 70 percent of respondents in 15 countries said they thought oil supplies had peaked. Only 22 percent of the...

Interesting story this one. For fifty years, Shell and Nigeria’s future has been intertwined despite the lethal consequences. But now things are changing. According to press reports, the Nigerian government has withheld up to $1bn as part of a production-sharing...

There is a new red hot Province in Canada for oil investments and its not Alberta. Land sales for oil and gas rights in Saskatchewan in April raked in $265 million for the province, smashing the Province’s record for annual...

Nigeria's plans for the reform of its state oil behemoth will be presented to President Umaru Yar'Adua by the end of April, according to the country’s Oil Minister Odein Ajumogobia. The Nigerian National Petroleum Corporation (NNPC) is a partnership with...

The rumour on the street is that Al Gore will declare himself an independent candidate for President this week. Whether or not that is true, he has unveiled a new $300m advertising blitz intended to force a debate on climate...