oil and gas

A local economic policy think tank, argue that the Ghana Petroleum Funds have too high opportunity costs as their returns are next to nothing.
Scotland's oil and gas industry has generated well over £300billion for Treasury coffers and it employs over 375,000 people from across the UK. It is an important industry for the north east of Scotland and the national economy, and one that has benefited UK government expenditure for very many years.
It's time for urgent action from the government to wake up to these market forces and what they mean for British consumers, British firms and British industry. We've failed to benefit from the plunge in prices; it's now essential not to be caught out by the rebound...
The amount of oil found is significant, but not for the reasons touted by UKOG. Assuming there really are 100 billion barrels of oil, if it was all extracted and all of it was burnt, a total 37.5Gt of CO2 would be released. This is roughly equal to one year of current global emissions.
The new Chinese leadership has, over the last 18 months, shown itself to be very different from that of successive Post-1980 reformist administrations. The 'market reform' rhetoric is still there. The assertions about Communist Party supremacy and dislike of Western democratic values, are still there...
Few topics arouse such strong opinions in the UK as much as the question of whether we should exploit the nation's potential onshore shale gas and oil reserves through fracking...
The perennial paradox of international development is that countries with the most plentiful natural resources - whether oil, gas or diamonds - often tend to be relatively poor, undemocratic and economically stagnant...
It's clear that the biggest priority of all with regards to Uzbekistan is securing the safe passage of UK military equipment from Afghanistan back through Uzbek territory. In February the UK agreed to gift £450,000 of military kit to the country to secure such passage. Defence minister Philip Hammond said he was confident the kit would not be used for 'internal repression'. But even if this supposed confidence is not misguided, what message does it send that a government which just a few years ago was under strict arms embargoes from the EU and US on human rights grounds (for massacring hundreds of its own citizens in Andijan in 2005) is now enjoying military gifts from the UK?
If you're struggling to find work at the moment and have any sort of engineering background, it might pay to retrain as an
Azerbaijan stands out as the only former Soviet republic that can neither be described as pro-Russian or pro-Western.