When Peter Voser (on the right of the photo) takes the helm of the oil giant Shell on Wednesday, he might just start beginning to wonder what a complete mess he has inherited from his predecessor, van der Veer (he’s on the left).
This mess is graphically illustrated in a 32 page devastating critique of van [...]

First it was the credit crunch, now it looks like an oil crunch. The International Energy Agency is warning that, due to the economic downturn and reduced investment in oil, when demand picks up next year there may not be enough oil to go round.
Nobuo Tanaka, the IEA’s executive director, said that he expected world [...]

Give a politician a minute and they will wriggle out of a supposedly steadfast commitment. Britain is seeking to change the rules governing renewable energy targets to make it easier for the UK to fulfil its commitment to promote clean energy.
At present, only 3% of the UK’s power comes from renewable energy, but government ministers [...]

Tony Hayward, BP’s chief executive, yesterday gave the market a strong signal that he wants to realise value from the company’s loss-making investments in renewables.
BP has invested billions of dollars in solar energy over the past decade but the business still does not deliver a profit.
The Alternative Energy unit, which comprises BP’s solar cell manufacturing, [...]

Interesting op-ed from a Silicon Valley newspaper by the CEO of Akeena Solar, which calls itself America’s leading solar installer.
The CEO, Barry Cinnamon, argues “This week the House of Representatives will vote on the Renewable Energy and Energy Conservation Tax Act of 2008. This act would eliminate $18 billion in tax breaks for oil companies [...]