A consortium led by oil giant BP and China’s CNPC has today won the contract for the vast Rumaila oil field - the largest oil field in Iraq and one of the biggest in the world.
The acquisition will be seen as a huge boost to BP, which has been seeking to get control of the [...]

UPDATE 6/24: The Wall St. Journal has an interesting article on this.
Way back in November 2002, as the build up to the war in Iraq gathered pace, then British Prime Minister Tony Blair appeared on the Arabic Service of Monte Carlo radio, in an address targeted at the Iraqi people. “The idea that this is [...]

Is this the beginning of the end of the oil age? Are we finally falling out of love with black gold?
The end may not be coming not because we are running out of it, but because demand is alowly decreasing through increased energy efficiency. It will not be sudden, but a death of a thousand [...]

As the pressure for an international deal grows in Copenhagen, one of the corner-stones of any solution will be carbon offsetting, where rich, polluting countries supposedly offset their rising emissions by investing in  “clean” projects in developing countries.
Off-setting will be high on the agenda at the next round of climate talks in Bonn this week, [...]

You really did not expect them to lie down and roll over without a fight did you?  Yesterday we highlighted how the sceptics were gearing up for one last push to undermine the science of climate change. Today its the turn of the oil and coal companies who are pouring millions into scuppering the Democrat’s [...]