Shell Seals $4 Billion Iraq Deal
Oh it’s so good to be back. After a 35 year absence Shell has become the first western oil company to land a major deal with the government in Baghdad since the invasion of the country five years ago. They...
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2026
2026
The spoils of war are coming home…
It could be the ultimate irony for millions of people who opposed the illegal war in Iraq – within months when they switch on their heating or their cooker, they could be burning Iraqi gas. Their homes could be heated...
Bush’s Iranian legacy
Poor old George. He doesn’t quite get it. He doesn’t quite understand that what he does with his right hand impacts what he does with his left. Take the thorny issue of Iran. There is increasing speculation that Bush wants...
“Our wells are drying”
President Susilo Bambang Yudhoyono of Indonesia has said that his country was considering quitting OPEC because it was no longer a net oil exporter. "Our wells are drying," he said in a nationally televised speech, adding that the country needed to...
China “Now Top Carbon Polluter”
It’s been a long time in coming, but China has overtaken the US as the world's "biggest polluter" of carbon dioxide. According to a report to be published next month by a team from the University of California team, China’s...
Russian Oil Production has “Peaked”
Russian oil production has dropped this year for the first time in a decade, adding to the already jittery oil market, with some industry insiders saying it has already "peaked". Russia, the world's biggest oil exporter after Saudi Arabia, averaged...
Nigeria: Oil Transparency Remains “Elusive”
Although Nigeria passed legislation last year establishing an independent body the to make sure that oil majors pay the necessary royalties and taxes, anti-corruption activists are saying the law is not strong enough to fully clean the industry. Under the...
Wake up and Smell the Coffee…
Coffee farmers in Uganda are worried that climate change is damaging production of coffee, Uganda's biggest export. "Global warming will be very dangerous for my coffee," says one 33-year-old coffee farmer Emmanual Kawesi, explaining that more sunshine and less rain...
Another Week, Another Oil Spill
Suddenly another week cannot go past without another oil spill. Recently, we have had spills in Russia, California, South Korea and now Norway. Yesterday, about 25,000 barrels of oil spilled into the Norwegian sector of the North Sea at the...
A Not so Happy New Year for Nigeria
Whilst the political crisis and rising death toll in Kenya is gaining global attention and absorbing the media’s attitude for stories from Africa, it’s a bloody New Year in Nigeria too. Thirteen people died after armed militants attacked targets in...