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2026

2026

$100 A Barrel “Next Year”

As oil prices hit another record, breaching the $81 a barrel mark for the first time, there is yet another warning that the oil price is likely to hit US$100 a barrel by the end of next year. This is...

China‘s Crude Imports Rise to Record Levels

China‘s crude oil imports rose 23 per cent in April from a year ago to a record monthly high according to a report by the Chinese General Administration of Customs. Imports in April totalled 14.8 million tonnes, or an average...

Big Oil Threatens Maine City After Tar Sands Export Ban

Big Oil has always been a bad, bad loser. And it is therefore no surprise that it has threatened to sue a small coastal city in Maine which on Monday night struck an historical blow against the industry by banning...

Now the Gas Dries up…

Two different stories from separate parts of the world, but one underlying trend that signals just how bad the energy crunch has become. It may be the price of oil that is grabbing the headlines but you should also keep...

Across the Globe, Over 250,000 People #RiseforClimate

Across the globe, over 250,000 people took part in what was labelled as the #RiseforClimate marches, protests and celebrations on 7 continents on Saturday. There were nearly 1,000 events in more than 90 countries.