Of all the oil majors, Shell prides itself on undertaking cutting edge energy forecasting, that not only inform the group’s thinking but also dove-tail into policy making by decision makers across the energy spectrum. It is one of the few...
Happy World Environment Day! Not so in America, though. It may be the most polluting and dirty oil on the planet, but American refiners are tripping over themselves to make investments to dramatically increase imports from Alberta's oil sands. Figures...
The crude politics of oil sands is laid bare for all to see. Despite a court ruling stopping the oil sands project the Canadian government is giving Imperial Oil the green light to begin construction of its $8-billion Kearl oil...
Under huge political pressure, Saudi Arabia will raise oil production to record levels by pumping an extra half-a-million barrels of oil a day, bringing their production to 9.7 million barrels a day. That would be a rise of 550,000 bpd...
As oil creeps towards an unprecedented $150 a barrel the Indian Petroleum and Natural Gas Minister Murli Deora has denied that India and China were responsible for the recent oil rise. Deori said that the growth in consumption in India...
We have said it before and we will say it again. Once an oilman always an oilman. You can’t get crude out from your veins. Yesterday, in a sop to his oil industry buddies, George W. Bush lifted an executive...
EnCana Corp, Canada's biggest energy company, is going to buck the trend in the oil industry of mergers, and split into two separate oil and natural gas firms in an effort to wring out more value with crude prices at...
It wasn’t so long ago that the world worried when oil would reach $100 per barrel. Now oil is close to $120 and shows no sign of slowing down. The record price hike was due to nearly North Sea production...
Like a record stuck in a bad groove, President Bush has reiterated his call for Congress to open more areas for drilling, including ANWR. "If Congress is truly interested in solving the problem, they can send the right signal by...
Pity poor Ron Stevens, Alberta's deputy premier, who is in Washington to spin the oil sands story and tell Congress that the province represents an "environmentally responsible source of energy supply to the United States". The timing could not have...
