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2026

2026

US Shale Companies Facing “Catastrophic Failure” over Ballooning Debt

As the fledgling UK fracking industry bleeds investors’ money in alarming quantities on a daily basis, plagued by ongoing issues of democratic accountability, seismic activity, financial viability and on-going legal challenges, it will find no comfort from looking across the...

Exxon “Enters No Man’s Land”

The world’s largest listed oil company, Exxon, announced on Friday it was going to have to cut its reported proved reserves by just under a fifth. It is the biggest reserve revision in the history of the oil industry.

“Petrolhead” set to be EU Climate Commissioner

Later today, the Spanish nomination for the new EU Energy and Climate Commissioner, Miguel Arias Cañete, will answer questions from Members of the European Parliament (MEPs) about taking up his new influential role.