BP may think that a demand crunch will happen before a supply crunch.
But others disagree. Today, six UK leading companies have launched the second report of the UK Industry Task-Force on Peak Oil and Energy Security.
The report, entitled “The Oil Crunch - a wake-up call for the UK economy”, argues that oil shortages, insecurity of [...]

Remarks made by Shell CEO, Peter Voser to the Financial Times Energy Editor that his company has “clearly scaled down” its plans for a massive expansion of tar sands production should send waves of anxiety through the Canadian oil industry and a serious rethink among energy security hawks in Washington.
Since the middle of last year [...]

It’s that time of year again.
It’s January, snow is on the ground (and no that doesn’t mean that climate change is not happening), it’s freezing outside and … Russia is having an energy dispute with its neighbours.
Somethings never change. This time it is Belarus and the spat is about oil rather than gas, but even [...]

So the Senate Climate Bill has finally been released. After months of meetings and waiting, two Democratic Senators John Kerry and Barbara Boxer have released their 800 page tome  - the  Clean Energy Jobs and American Power Act.
But note there is no mention of the dreaded C word in the title – Climate.

To paraphrase the great writer Samuel Langhorne Clemens, better known as Mark Twain: “Rumors of my death have been greatly exaggerated!”
And so it is with the tar sands, one of the hottest debates in the energy industry. Its growing army of critics argue this highly polluting technology will help tip the world towards climatic catastrophe. [...]