Six months ago, the campaign organisation Global Witness exposed discrepancies in the oil figures for Sudan, raising questions as to whether the revenues were being shared fairly between the North and South of the country.
The revenues are important as they under-pin the 2005 peace agreement, which brought to an end one of Africa’s longest-running and [...]

They are two moments in history, intricately linked, although poles apart. Today Peter Voser,  the chief executive of Shell, outlines the company’s financial and production strategy for the coming year.
Once again Nigeria was mentioned as a key country where the company had added strategic reserves.
“These are exciting times for Shell”, said Voser. “We are poised [...]

For many people this would be a no-brainer – but the billions being poured into dirty oil in Canada’s tar sands could be spent on clean energy instead to help decarbonise western economies. Or it could be spent on clean water to help the poor live.
In their new report, the Co-op and WWF say the [...]

Just days after outlining its business strategy BP is offering a massive $7 billion in cash to buy Devon Energy’s deepwater assets.
In a broad-ranging deal, BP will pay Devon Energy $7 billion for assets in Brazil, Azerbaijan and the US deepwater Gulf of Mexico.
Interestingly the deal also involves extraction of the oil sands. BP will [...]

Pardon the title, but the Wall Street Journal has an extremely interesting interview with the top dog at Shell, Peter Voser.
He admits that Shell is fast becoming a gas company rather than an oil company. “Shell started quite a while back, actually, to put a lot of emphasis on gas” says Voser. “And by 2012, [...]