The North Sea of the South
As I scribble this month’s column, West Texas Intermediate is trading a few cents short of $115 a barrel, Brent is only a couple of bucks below and the oil price has become a hot topic. Big Oil is in the headlines for something else, too: the largest oil discovery made in decades and, before that, at least two finds that may turn out to be super-giant fields.
Published: 05/05/2008
The haves, the have-nots and hot air
Back in 2002, when I was UK energy minister, I attended a producer-consumer dialogue in Osaka hosted by the International Energy Agency.
Published: 05/05/2008
Sustainability and investment
Here’s a thought for all those now basking in the Houston heat. Having demonstrated their stupidity in lending on so-called “sub-prime” mortgages, how do we know that the financial institutions won’t make – or already have made – the same mistakes in the energy sector?
Published: 05/05/2008
A Dutchman, a Scot and a Korean
It came out of left field – I mean the £500million conditional deal between Lunar Energy and the Koreans to manufacture and deploy tidal (marine current) turbine technology developed by Aberdeen offshore oilfield company Rotech Engineering.
Published: 05/04/2008
Energy ills and an ancient Scottish pile
Glamis Castle is not the most obvious setting for me to engage in a spot of contemplation about how the world’s energy needs could be met and climate crisis averted. Even less would I expect to be doing so in the company of a Nobel Prize-winning physicist.
Published: 05/04/2008
The credibility crunch
The current turmoil in the financial markets may feel pretty much irrelevant to anyone working in the oil & gas industry. Believe me, it isn’t.
Published: 05/04/2008




