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2026

2026

Investors Warn Over Deepwater Risks

The oil industry may be arguing that its back to business as usual after the Deepwater Horizon blowout, but the disaster is still causing major ripples within the investment community. And now the shareholders – who together represent investments of...

Voters demand clean energy as Big Oil squabbles over spill

[caption id="attachment_4736" align="alignleft" width="151" caption="credit:epkes.com"][/caption] New research by the influential pollster Joel Benenson, who was the key strategist for Barack Obama during the 2008 election, shows that in the aftermath of the Gulf oil disaster, American voters “overwhelming support a...

Swords Sharpen for Hayward: Dividend the Key Issue

Just a few weeks ago the online debate would have been unthinkable. But today, the Times newspaper, Britain’s bastion of the establishment and the powerhouse of the Murdoch media empire, is asking its readers whether the embattled boss of BP...

House Committee Passes Iran Sanctions Bill

A key US Congressional committee has voted overwhelmingly to pass a wide-ranging bill that would toughen U.S. sanctions on Iran and on companies that invest in the country. Although the bill, if passed into law, would sanction any investment in...

The Scramble for Libyan Oil

After 20 years of isolation, Libya has become the new “destination of choice” for oil companies trying to find new reserves. "It's a race for our black gold," president of the National Oil Company Shukri Ghanem said. "We are organising...

BP’s Day of Reckoning

Later today, some of BP’s most senior executives will face their first Congressional grilling over their corrosion problems at Prudhoe Bay. Although BP's embattled CEO Sir John Browne won't be testifying, Bob Malone, the new head of BP America will...

First They Came for the Airlines…

George W. Bush, who proclaimed America’s “oil addiction,” in his January State of the Union address, exhibited a classic symptom of addiction Tuesday: denial. As the price of a gallon of gas heads for (and beyond) three dollars, Mr. Bush...