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 [...]

Sometimes a story grows legs, other times it hits the dust.
But yesterday’s front page story in the Independent about negotiations to end oil trading in dollars seems to have hit a raw nerve and sent shock-waves through the currency markets.
In response to the story, gold is now trading at record levels and the dollar is [...]

The dollar is sliding on the currency markets this morning after reports by the Independent newspaper that Arab states are in secret talks with China, Russia and France to stop using the US currency for oil trading.
The move – if it happens – would be the most profound financial change in recent Middle East history, [...]

When Peter Voser takes control at Shell next week from his predecessor Jeroen van der Veer, he will have a bursting in-tray that includes one persistent problem for Shell: Nigeria.
Here the oil giant faces a myriad of problems including continuing community unrest, militant attacks and what to do about gas flaring.

A true addict does not know that it is addicted. It does not know when to seek help. It cannot tell when its actions move from the sublime to the ridiculous. It cannot tell it is time to wean itself off a lethal product before it self-destructs.
Russia threatening war in the Arctic over oil is [...]