Oil prices surge on fears of supply shortfall
Possible shutdown of Russian oil giant Yukos sparks rally.
John W. Schoen
The real reasons Bush went to war
WMD was the rationale for invading Iraq. But what was really driving the US were fears over oil and the future of the dollar
UK: 2010 energy targets ‘wishful thinking’
Britain will not meet the government’s target of producing 10% of its electricity from renewable sources by 2010, energy experts say.
Cold Fusion: Heating up a cold theory
Cold fusion scientists have become members of a small, close-knit culture unto themselves. And every year, their results get stronger, the group says, results that cannot be explained away by error or any other reason other than a new nuclear process.
Oil prices help BP boost profits
Oil giant BP has reported a 23% rise in quarterly profits, thanks to a “robust trading environment”.
Africa to Suffer Oil Shock
The Standard Chartered Bank in its report African Quarterly says that although Africa is a net oil exporter, the continent will still be worse-off as a result of higher oil prices.
Carbon store ‘could free UK coal’
The UK could secure its energy supply for many decades if it could use its huge reserves of coal, scientists say.
Gas and oil rivalry in the East China Sea
Current explorations of an offshore gas field in the East China Sea by both China and Japan have recently strained relations between the two powerful nations.
U.S. Nuclear Cleanup Carries Major Risks
New Scientist reports in this pretty alarming article that there is a 50-50 chance of a major radiation or chemical accident during the cleanup of the dirtiest nuclear site in the U.S.
US Offers Nigeria Military Aid to Protect Offshore Oil
THE United States, keen to develop new sources of oil supply outside the Middle East, has offered to help Nigeria protect the flow of oil in the Gulf of Guinea and combat terrorist attacks on the oil industry, officials said.
UK: Tories to back wind farm protests
The Tories would change planning rules so central government could not overrule local objections to new wind farms, Michael Howard has said.
Moscow changes oilfields landscape
Moscow’s decisions to strip the oil company Yukos of its biggest asset and to give initial blessing to ConocoPhillips of the US to broaden its investment in Russia have drastically altered the most important strategic playing field of the big international oil companies.
