Just last week, a study by the European Centre for Energy and Resource Security concluded that unconventional gas resources in Europe – such as shale gas - could radically reshape the continent’s oil and gas outlook, and reduce its dependency...
This year's IEA World Energy Outlook (WEO) contains a startling peak oil prediction. In order to prevent climate change getting out of control, global demand for oil should peak by 2018 at only 1 million barrels per day (Mbpd) more...
If Plan A doesn’t work, try Plan B or C or D or... BP is quite happily chewing through the alphabet of options, with the latest being what is called a “static kill,” in which heavy mud would be pumped...
The dispersant row continues. If people are worried about the legacy of what BP is doing in the Gulf of Mexico, they should watch the latest Democracy Now. In it EPA scientist Hugh Kaufman accuses the Obama Administration, including his...
When Time magazine compiled a list of its “Dirty Dozen” people it held responsible for BP’s oil spill it is hardly surprising that BP’s two recent CEOs John Browne and Tony Hayward topped the list. Number three on the list,...
So now it is official. What everyone has suspected for the last month, we now know to be true. The Deepwater Horizon spill is now the largest in US history. Yesterday President Obama attacked BP over America’s ‘worst oil disaster’,...
Ask any oil executive where our future energy will come from and they will reply that the answer lies in "the mix": arguing we need oil, gas, renewables and probably nuclear. The oil industry argues that its days as the...
The latest estimates from BP’s oil spill in the Gulf of Mexico are that the amount of oil escaping from the sunken rig is much worse than previously thought. Yesterday the estimates were 1,000 barrels a day. Today that has...
[caption id="attachment_4261" align="alignleft" width="156" caption="By Victor Juhasz "] [/caption] Its not often now in journalism that someone tells you how it is and puts their neck on the line in no nonsense language. So good old Rolling Stone - the...
When we talk about wars for oil, the first and second Gulf wars spring to mind. First it was Kuwait and then Iraq. But cast your minds back even further to the Falklands conflict in the eighties. You could ask...
