Platform, the oil industry watchdog, is today publishing a report that argues that Kazakhstan is missing out on up to $20bn of revenues over the next decade as a result of the problems at the vast Kashagan oilfield. Kazakhstan agreed...
While many impoverished American families are shivering in the winter cold for lack of money to pay the oil baron their exorbitant price for home heating oil, ex-oil man, George W. Bush sleeps in a warm White House and relishes...
Producing biofuels from a fast-growing grass delivers vast savings of carbon dioxide emissions compared with petrol, a large-scale study has suggested. A team of US researchers also found that switchgrass-derived ethanol produced 540% more energy than was required to manufacture...
The Majority Leader of the American House of Representatives Steny Hoyer has admitted Congress had not reached a breakthrough on a compromise energy package but still hoped to bring the legislation back into consideration next month. The Democrat House Speaker...
As the world gears up for the Bali Climate Summit in December, last week-end saw three US presidential candidates present plans to combat climate change. Dennis Kucinich, John Edwards and front runner Hillary Clinton appeared before an audience of about...
The safety regime at Britain's North Sea oil operators has been condemned after a report found almost 60% of oil platforms had problems that oil companies should have addressed. The report, by the Health and Safety Executive, argues the industry...
Statoil, the Norwegian national oil company, has begun a two-year drilling programme in Arctic waters to determine the potential of Norway’s share of one of the world’s few remaining unexplored oil prospects. It also hopes to co-operate with Russian companies...
If you sit down and enjoy a glass of wine tonight with your evening meal, you can be thankful that your car does not run on the stuff. Hugo Chavez, Venezuela’s president said yesterday that that record crude prices are...
Nicolas Sarkozy, the French president, has warned China that the EU could penalise cheap imports from high carbon-emitting countries in order to defend European companies that are obliged to meet strict environmental standards. In a speech to students at Beijing’s...
Interesting article in today’s New York Times about the differing Democratic and Republican long-term approaches to energy policy. “Over the next decade or two, the differences could have a major effect on billions of dollars in government spending, on the...
