The International Energy Agency's upcoming World Energy Outlook predicts that oil prices, which have sunk to nearly $60 per barrel, will likely rise once again to above $100 a barrel when the world economy rebounds. By 2030, the report estimates that the prices could exceed $200. This price increase will be driven primarily by a decline in the supply of oil, as production from the world'...

Trafigura, the multinational oil company that got it lawyers, those most ethical of legal eagles Carter-Ruck, to put a super-injunction on the UK press and, inadvertantly or not, Parliament have threatened to sue the BBC about a Newsnight report. That report has now gone. It’s been pulled. Below is the Newsnight report: The is also a .pdf

The rush to exploit Canada's heavy tar-sand oil, which necessitates more energy to recover than conventional oils, could significantly increase global risks of dangerous climate change, warns a new report by the WWF and the Co-Operative Financial Services (CFS), a UK financial group.

It's not well known, but the country we buy the biggest share of our imported oil from isn't in the Middle East,but our neighbor Canada. In order to process it cheaper and easier, Canada and US oil companies wanted to construct a pipeline between the drilling sites in Alberta, Canada and American refineries known as the Keystone Pipeline. Aside from providing thousands of construction jo...

Polly tells us that: Yesterday’s report from the Centre for Economic Performance showed how bonanza bonuses in the finance sector cause risk-taking that contributed to the financial crisis. The report is here. The report says no such thing actually. What it does say is a great deal more interesting. We can provide some estimate of the total amount of

Or if you prefer, here’s today’s Ritchie! Developing countries are losing approximately $100 billion dollars every year due to trade mispricing, according to a new report from Global Financial Integrity (GFI). Ooooh, my! So, what does the report actually say? Well, they measure the amount of trade they think is mispriced, then look at corporate tax rates, click

I recently flagged up the Tomorrow's Company report Tomorrow's Owners. I've just got hold of the full report, and it is definitely worth a read. It actually poses a lot more questions than it answers, but it covers a lot of ground, and is the first report I've seen to try to grapple with the changing nature of company ownership (as hedge funds and private equity have displaced ...

Ezra Levant: There are about 100 professional anti-oilsands activists in Canada, who do nothing but attack Canada’s oil industry. Typically they pose as grassroots environmentalists. But the facts are different. Most environmental activists are actually paid professionals. And most work for foreign lobbyists. He is talking only of Canada, but even so, it puts a whole different slant on t...

Leggett again, thought I’d have a look at the actual report. Taskforce member companies Arup, Foster and Partners, Scottish and Southern Energy, Solarcentury, Stagecoach Group, Virgin Group. Hmm, two architects, one generator, a solar panel installer, a bus company and the Bearded One. This is where we go for our expertise on global oil supply and demand? Ho hum….

Oil derived from tar sands will be penalised by the EU after its executive arm resisted pressure from Canada to exclude the fuel from new pollution standards