More than 50 gunmen dressed in Iraqi security forces uniforms and using 17 official vehicles broke into an Oil Ministry compound in eastern Baghdad yesterday and abducted a senior deputy of the oil minister, and four other officials, a ministry...
The Movement for the Emancipation of the Niger Delta (MEND) has threatened renewed attacks on oil and gas installations at the end of August. It believes that there is a lack of genuine commitment on the part of government to...
Interesting story from the Globe and Mail about new techniques being used to exploit Alberta’s oil sands which offer a “potential sea change in how Canadian companies wring energy from the ground.” Most companies have traditionally pumped steam into their...
Thousands of protesters are expected to arrive today at the "Climate Camp" near London’s busiest airport, Heathrow today, despitethe injunction taken out last week by the airport's operator, BAA. It is also despite the predictable heavy-handiness of the police. The...
Gazprom, the Kremlin-backed Russian gas group, is negotiating a deal under which it could take a stake in up to five British gas-fired power stations. The move would be Gazprom’s biggest step in the UK market so far and would...
The two oil companies working in Uganda, Heritage Oil and Tullow Oil, have vowed to continue with their operations despite the killing of their British contractor on Friday. “There is no suggestion of abandoning the project,” Brian Smith, Heritage’s vice-president...
Russia has sparked an Arctic oil-rush by planting its flag on the ocean floor under the North Pole in a politically charged symbolic gesture to claim the rights to the sea bed which could be rich in oil and gas....
The $100 dollar a barrel draws closer. Middle East members of the oil cartel Opec are under pressure for an immediate rise in production, after a warning from investment bank Goldman Sachs that prices could hit $95 a barrel this...
David Strahan, the author of The Last Oil Shock, yesterday raised the old chestnut of a BP- Shell merger that periodically does the rounds. “BP and Shell are finally set to merge. That's if you believe the tittle-tattle in the...
Six Nobel Peace Prize laureates have released a statement in opposition to the proposed controversial Iraqi oil law, that some observers believe could go before Parliament as early as this week. The laureates include Betty Williams, Mairead Maguire, Rigoberta Menchu,...
