65,000 Jobs Lost in North Sea
The low price is affecting more mature areas of production too and nowhere is that more so than the British North Sea.
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2026
2026
Governor of Bank of England Warns of Climate Change and the “Tragedy of the Horizon”
For years a growing number of voices – from activists, analysts and scientists - have been warning that we cannot afford to burn all the reserves of fossil fuels if we are going to keep global warming to 2 degrees....
Carney’s Talk a “Sobering Climate Change Wake-up Call for Canadians”
The speech by Mark Carney, the Governor of the Bank of England, earlier this week about the risks of climate change and “stranded assets” has certainly stirred up the debate about global warming.
30 Days to Save the Australian Bight From BP
Just as BP finally agrees to pay nearly $21 billion to settle claims relating to the disastrous Deepwater Horizon spill, the oil giant is proposing to drill four exploration wells in the Great Australian Bight, which threatens these pristine waters...
As UK Debates Fracking, New Research Links it to Premature Births
One of the communities in the UK on the front-line of the fracking debate will have the chance to quiz their local Conservative MP, as well as representatives from various leading regulators, on the dangers posed by shale gas at...
BP Finally Admits Not All Oil Will Be Burnt
For some years now a growing number of activists, scientists and analysts have been warning that, if we are going to keep global warming to 2 degrees Celcius, that a significant quantify of fossil fuel reserves can never be burnt.
Newsletter: Tar sands crude-by-rail falls off a cliff
As Kinder Morgan and Imperial Oil together opened the third tar sands unit train loading terminal in the Edmonton/Hardisty area, the business of sending tar sands crude to market by rail hit the skids. Genscape monitors each of the three...
As G7 Pledges to Phase Out Fossil Fuels, Over $50 Billion Invested in Oil and Gas
The front pages of many of this morning’s newspapers reflect the ground-breaking pledge by the Group of Seven industrial powers, known as the G7, to decarbonise the global economy by the end of the century.
Boycott BP’s Baku Games
There are two scandals going on in world sport right now: the one you have heard about and the one that you haven’t.
Oil Price “Turbulence” Still Affecting Tar Sands and Shale
A year on from the start of one of the biggest oil price plunges in recent history, it seems there is going to be no let-up in the turbulence caused by the oil price fluctuations.