Oil importing nations have long treated Saudi Arabia as an infinitely deep well of crude oil supplies. In 2005, Matt Simmon’s book Twilight in the Desert did much to call…
The reasons for oil to keep rising are well known--perhaps too well known. Let's look at some charts to illustrate the swirling currents in the global oil market. Why do…
The popular protests among the countries of the Middle East and North Africa (MENA) are continuing to roil, and so, rather than the review of the countries that I have…
With the Q1 earnings season now underway, investors seeking a repeat of Q4’s blistering results are about to be sorely disappointed. While calendar 2010 delivered a white hot 41% improvement…
I have recently reviewed the predictions made by BP and ExxonMobil as they relate to energy supply and demand in the years to 2030. Shell has just
I attended a fascinating event last night - a Cafe' Scientifique meeting held in the town of Reading in South East England. Last month it was me in the bear-pit,…
BP’s investment with Russia's national oil company, Rosneft, was announced in January, it was generally seen as a coup, giving BP access to exploration licenses in one of the world’s…
Not all commentators are convinced the speed of oil price rises or the heights to which they have risen are purely down to fundamentals. Since 2003 the value of the…
A leaked draft of the World Bank’s energy strategy says renewables and hydropower will receive a bigger proportion of financing from the institution, with further restrictions imposed on coal projects.…
When the subject was oil, my students at the Asian Institute of Technology (Bangkok) were politely asked to study the situation in the United States. It told me everything I…
At a press conference on March 11, President Obama indicated that a plan was 'teed up', and that he would move quickly to tap the Strategic Petroleum Reserve (SPR), if…
Former Secretary of Labor Robert Reich recently warned that the U.S. is likely headed back into recession: The Economic Truth That Nobody Will Admit: We’re Heading Back Toward a…
The oil price has been relentlessly rising, widely seen as being driven by a mix of fundamentals such as Asian demand exceeding supply, and fear of supply disruption caused in…
Higher oil prices are usually good news for clean energy because they make costly technologies like solar and wind less daunting to investors. But for one of the world’s most…
PensionDanmark, a pension fund with around €14 billion ($20 billion) under management, has made its second investment in offshore wind farms and is planning more. A consortium led by PensionDanmark…
As the world watches in horror as the Fukushima disaster continues to unfold, it forces a new look at an on-going global revolution in perhaps the least environmentally destructive fossil…
Events at Fukushima in Japan have put the spotlight not just on nuclear power as a source of energy, but on the storage of nuclear waste. Some of the gravest…
Soon ships will be able to sail across an open Arctic Ocean during the summer months. The low humming of freight vessels will be a regular sound. The reduced presence…
We’ve long known that garbage piled up on landfills weep and leak methane gas. Its even harvested and being put to use in many places. Researchers had a hard time…
There are over 1.3 trillion barrels of untapped oil under the seafloors. But what is the safest way of retrieving all of that oil -- much of it at deadly…