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2026

2026

Billions in Oil Missing in Iraq

Further to Steve’s blog on Saturday – more on the New York Times story. Between 100,000 and 300,000 barrels a day of Iraq’s declared oil production over the past four years is unaccounted for and could have been siphoned off...

Blair Rejects Yearly Carbon Targets

The Blair government is heading for political trouble after refusing to accept annual carbon dioxide reduction targets. Instead the government is set to introduce five-yearly targets in the Climate Change Bill to be announced in the Queen's Speech today. Ministers...

BP In More Trouble Over BTC Pipeline

BP's troubles continue. A US government lending agency has been told by its own internal accountability watchdog that it must monitor more closely the safety of BP's Baku-Tbilisi-Ceyhan pipeline, amid allegations that the company failed to report cracks and leaks...