Change may only happen in small steps, but slowly and surely the geo-politics of oil are changing. The dynamics of Middle Eastern oil are in transition. Anyone who argued that the war in the Gulf was a war about oil...
The London-based environmental group Platform was the first group to analyse the oil contracts in Iraq called Production Sharing Agreements (PSAs), which gave lucrative terms to the international oil companies. Now they have turned their attention to the rapidly expanding...
We are getting really mixed messages over what will come first: peak oil or peak supply. First of this week was BP saying global peak oil demand will happen sometime between 2020 and 2030. Then we had the UK Industry...
[caption id="attachment_4356" align="alignleft" width="150" caption="WTI Meltdown on Friday Feb. 05 2010"][/caption] Two stories from Canada’s Globe and Mail this week highlight the emerging reality that the oil industry in North America is downsizing; although the commentary mostly misses the underlying...
A shocking new analysis by the respected Earth Policy Institute has revealed that over a quarter of the total US grain crop was turned into ethanol to fuel cars last year. The figure has tripled since 2004. Because the US...
For those of you who have not seen the film the Age of Stupid, Pete Postlethwaite, puts in a great performance as a despairing archivist wondering how we allowed the world to be ravaged by climate change. You could imagine...
It’s that time of year again. It’s January, snow is on the ground (and no that doesn’t mean that climate change is not happening), it’s freezing outside and ... Russia is having an energy dispute with its neighbours. Somethings never...
Talk about sending mixed messages to the Copenhagen talks. Yesterday, Steve blogged about how one Obama government agency - the Import -Export Bank had approved $3 billion for an Exxon gas project. The move was a clear sop to the...
Undermining its own credibility in Copenhagen and the integrity of its pledge to phase out support for fossil fuels, an agency of the Obama Administration, the United States Export-Import Bank, has reportedly approved $3 billion in financing for an Exxon...
There has been a growing movement amongst communities from the South that are affected by oil exploitation to keep the “oil in the soil.” Campaigners from both Nigeria and Ecuador have long mooted the idea, and so have some governments....
