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2026

2026

IEA Says BP Spill is a “Game Changer”

The last 24 hours of news reporting of BP’s oil spill in the UK has shifted from the devastation being wrought on the Gulf of Mexico into one where politicians and businessmen are lambasting President Obama for his “anti-British” rhetoric....

Is an “Oil-Less Recovery” On its Way?

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...

The $80 Billion Investment in Venezuela’s Heavy Oil

Whilst international attention has focussed recently on the ecological and climatic impact of the tar sands, another heavy oil boom is happening which is equally important. Just three years after a spate of nationalisations in the heavy oil belt of...

Cheap Gas Fuels Tar Sands Expansion

One of the unseen consequences of the lower gas prices in North America is that it is actually making it cheaper to extract the tar sands. And that in turn is giving tar sands operators the confidence to expand production....

The Bust Before the Boom

The corridors of power in Buenos Aires would have been chortling with laughter yesterday as the British oil boom in the Falklands looked like going bust, even before it began. Over the last month, as the oil-industry hype grew, the...

Now BP Faces Shareholder Revolt Over Tar Sands

Last month a group of pension funds and asset managers filed a resolution asking Royal Dutch Shell to reconsider its controversial involvement in the dirty tar sands. And now the investors are targeting BP asking it not to invest a...

Burma’s $5 Billion Blood Money

A major two- year investigation by EarthRights International has found further, compelling evidence linking oil giants Total and Chevron to forced labour, killings, and high-level corruption in Burma. The important report, called Total Impact, documents how Total and Chevron’s highly...

Iraq: New “Colonial” Era of Oil Exploitation Begins

The British military may be gone, but the British oilmen are back. Today is the day that the oil men from BP take control of Iraq’s biggest oilfield: Rumaila. It is the first important oil deal since the 2003 invasion,...

“No Democratic Legitimacy” for New Nukes and Coal

A radical shake-up of Britain’s planning laws is going to be announced today which will make it easier for the government to fast-track or steam-roll large energy projects such as nuclear, gas or  power stations or even wind turbines. In...

Peter’s Second Problem: Shell Climate Crimes Exposed

When Peter Voser (on the right of the photo) takes the helm of the oil giant Shell on Wednesday, he might just start beginning to wonder what a complete mess he has inherited from his predecessor, van der Veer (he's...