The chief executives of the world's biggest international oil companies will testify that the BP oil spill in the Gulf of Mexico "was preventable'', publicly distancing themselves for the first time from the UK company, the Financial Times has learnt

The government was right to go to India to carve out a new relationship based on the changing balance of economic activity and power in the world. The world Stock market index still reflects the world as it was in the last century. The USA

America's leading energy regulator has accused a Dutch oil trading firm and three of its employees - including British-born Christopher Dowson - of manipulating the crude oil market for their own ends. In the first lawsuit of its kind since the agency began investigating alleged manipulation of the market in December 2007, the US Commodities

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'...

Many of Cadbury’s shareholders who will shortly vote to sell their company are overseas individuals and institutions. In this gobal world one group of overseas shareholders will sell to a new group of overseas shareholders. It is not quite as some present it. The Cadbury

Before and after Shell: tar sands extraction in Alberta, Canada Not every barrel of oil has the same carbon footprint - some extraction processes radically increase the amount of greenhouse gases which are released. We've been collaborating on research to identify the worst offenders, and our report (released yesterday day to coincide with the company's Annual General Meeting) singles ou...

The NHS is planning to sell a hospital built using public donations in memory of soldiers killed in the First World War.

Further proof emerged today of the deepening world oil shortage, as supermarkets up and down the country slashed fuel prices for motorists by up to 5p per litre.A spokesman for the Association of Retail Supermarket Enterprises offered his heartfelt apologies to irate customers:"It's now well accepted that soaring oil prices are the result of demand far exceeding supply, and have nothing to do with...

You could raise a lot of money if you sold the future rights to tax North Sea oil for example. But no the Scots lead government of the anti-English Labour party instead plans to: 1) Sell the right to Tax the English for a crossing they have already more than paid for at Dartford. 2) Sell the English student loan book ( maybe some Welsh and Irish in there somewhere ). 3) Sell the Channel Tunnel rai...

……..or not (if you are an oil rich state) Via The Midnight Sun Incredibly some oil rich states are quite prepared to hang on to the riches they have accrued while world oil prices have soared, instead of being benevolent these left leaning states are quite prepared to keep the world’s poor and hungry err….poor and hungry. The