Unsurprisingly, people with conservative political views are significantly less likely to believe in climate change according to a new study published in the journal Nature.   However, the widely held belief that older white men are more likely to be climate sceptics turned out not to be significant. The study, which …

The benefit – and curse – of being an oil producing state is that you can be profligate without facing the economic consequences.  In Russia, for example, income from the vast Caspian and Siberian oil and gas fields has obviated the need for income tax.  In Alaska, the state government has …

Speaking at the IHS CERAWeek conference,  Abdalla El-Badri, secretary-general of OPEC dashed hopes of a deal to address the world oil glut.  Taking claims about the increased efficiency of US fracking at face value, El-Badri claimed that any OPEC cut in production would immediately be taken up by US Shale.  …

The decade 1995-2005 was a boom time for Britain.  Memories of the recession of the early Thatcher years had faded.  The Cold War was over.  We were a nation more at ease with itself.  We were “Cool Britannia” – the world leader in soft power.  A good deal of it …

Global oil supply growth is plunging as an extended period of low prices takes its toll according to a new report from the International Energy Agency (IEA). The report notes that while oil prices should start to rise gradually once the market begins rebalancing, the availability of resources that can …

BP has defended the energy projections set out in its annual energy outlook, which gives projections for global energy use out to 2035. Environmental campaigners had challenged the projections for failing to account for the COP21 targets that aim to limit global temperature increases to just 2 degrees.  If the …

Exxon Mobil failed to find enough new oil and gas to replace what it produced last year according to the Wall Street Journal.  Exxon only managed to replace two-thirds of the oil and gas that it produced in 2015, putting it in a similar position to Royal Dutch Shell and …

The latest figures from the Brussels based Global Wind Energy Council show that total global wind capacity has risen to 432.42 gigawatts, with China leading the way.  This gives wind a slight edge over the 382.55 gigawatts of nuclear capacity according to the London based World Nuclear Association. In 2015 …

Oil industry insiders from around the world will come together in Houston Texas this week for the annual IHS CERAWeek conference – often dubbed the “energy industry Davos.”  And with the heady days of $140 a barrel oil a long way back in the rear view mirror; the mood is …

The European Commission’s Energy Strategy published on Tuesday is heavily reliant upon imported gas for the next twenty years.  Although the document claims to be about “energy security”, like the policies adopted by the UK government, the strategy leaves the European Union dangerously exposed to disrupted supplies from Russia, Libya …