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2026

2026

Ghost of Brent Spar Haunts Shell

Twenty years ago the oil giant Shell was embroiled in two separate controversies, which still haunt the company to this day.

Oil Industry “Paying Lip-Service” to Climate Risk

The oil industry and its allies are used to dismissing those who are warning about climate change as a bunch of lentil-eating, sandal-wearing commies. But over the last few months we have seen a growing number of authoritative voices calling...

Exxon Lobbying to “Water Down” Russian Sanctions

Shell has become the latest western company to cease its activities in Russia due to sanctions imposed on Russia over Ukraine. The oil giant has suspended its operations with its joint venture partner Gazprom Neft to frack Russian shale oil.

Fossil Fuels Becoming the “New Tobacco”

For over a decade now a growing band of activists and enlightened financiers have argued that if we are going to tackle climate change then a proportion of fossil fuels have to stay in the ground.

What if the Carbon Bubble Bursts?

For many years now, a number of activists and analysts have argued that if we are serious about tackling climate change then the reserves of oil and gas in the ground need to be seen as liabilities and not assets....

The End of the Road

Within hours, the giant will be dead. General Motors will be no more. The world’s largest car maker will file for bankruptcy in a New York court room. With $176.4bn of liabilities - it will be the world's largest industrial...

“What we have now is geopolitical peak oil”

“This is an industry in crisis,” Amy Myers Jaffe, the associate director of Rice University’s energy program in Houston tells today’s New York Times. “It’s a crisis of leadership, a crisis of strategy and a crisis of what the future...

The Oil Majors Still Outpace the Chinese in Africa

Interesting article from today’s Financial Times about China’s search for oil in Africa. It states: “Conventional wisdom suggests that China's energy companies are marching across Africa, shoving aside established majors and grabbing huge oil reserves with the help of bottomless...

BP: Only Itself to Blame For Alaskan Fiasco

I am back from holiday, so lets go straight back to BP. The news that BP had to shut over half of its vast Prudhoe Bay operations because of pipeline corrosion has made headlines across the globe. It has also...