Fears ease as Yukos keeps pumping
Beleaguered Russian giant Yukos can continue to produce and sell oil despite an earlier demand to stop output, according to Russian officials.
Fossil Fuels
It’s the End of the World as We Know It
In a fascinating new documentary, The End of Suburbia – Oil Depletion and the Collapse of the American Dream, the central question is this: Does the suburban way of life have a future? The answer is a resounding no.
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
US: Foreign Oil Dependency: Stuck Between a Rock and Hard Place
The United States’ growing dependence on foreign oil is widely recognized as the nation’s Achilles heel, a disaster in the works. But sometimes it seems that every solution to that horrendous problem leads into a box canyon.
OIL: The World Over A Barrel
A three part Canadian documentary series deals in part with the oil peak. “Soon enough, the era of cheap oil will be over. If prices rise too steeply there could be a devastating effect on the world’s economy.”
Oil prices surge on fears of supply shortfall
Possible shutdown of Russian oil giant Yukos sparks rally.
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.
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.
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.
