Kiran Stacey

Wikileaks has an impeccable sense of timing. As Hilary Clinton meets counterparts from Arctic nations in Greenland to talk about oil, the whistle blowing website publishes a raft of cables showing just how much international tension the country’s natural resources have provoked. Read more

Kiran Stacey

The warnings may finally be coming true. Four months after the OECD warned that the soaring oil price could damage the economic recovery in developed nations (since when Brent has advanced another 19 per cent), the IEA has noticed that global oil demand has begun to flatline. Read more

Kiran Stacey

Last month, Vestas launched its new 7MW offshore wind turbine to great fanfare. At the top of London’s South Bank Centre, accompanied by a flashy video and models of the turbine for every attendee, we were told that this was the future of offshore wind power. Read more

Kiran Stacey

A global backlash against nuclear power in the wake of the Fukushima crisis would lead to higher prices, less energy security and higher carbon emissions, according to Fatih Birol, chief economist at the International Energy Agency. Read more

Kiran Stacey

The UK has decided to put forward 12 projects for consideration by the European Investment Bank for its New Entrants Reserve, the €4.5bn pot to spend on CCS and “innovative renewable projects”. Read more

Kiran Stacey

The UK government has a big decision to make next week: whether to endorse the proposals by the Committee on Climate Change to set stringent emissions reductions targets for 2030. Read more

Kiran Stacey

Newsflash from Reuters:
15:15 06May11 RTRS-BP PLC – ARBITRAL PANEL PERMITS CONDITIONAL COMPLETION OF BP-ROSNEFT SHARE SWAP
15:16 06May11 RTRS-BP PLC – ASSIGNMENT OF ARCTIC OPPORTUNITY TO TNK-BP
15:16 06May11 RTRS-BP PLC – THE ORDER ALSO PERMITS THE PROPOSED SHARE SWAP BETWEEN BP AND ROSNEFT TO PROCEED Read more

Kiran Stacey

Thursday’s dramatic drop in the price of oil and other commodities has left markets reeling.  Read more

Kiran Stacey

Amid the increasingly rancorous debate on voting reform in the UK, one of the most vociferous figures in the campaign for the alternative vote system has been the energy secretary Chris Huhne, architect of the electricity market reform package. Read more

Kiran Stacey

Iraqi officials are preparing to cut the country’s oil output targets from 12m b/d to somewhere between 6.5m and 7m b/d, according to The Times. Read more