Your daily must-read source for news and analysis on the energy business
Low fuel prices drive US light truck sales
Strong interest for SUVs fuelled by improved efficiency and shrinking size, while surge in demand for pickups attributed to rise in housing starts
Cameron ‘losing control’ of Tory party
With two years until the next election, the Tory party has reopened old divisions over Europe which helped destroy Margaret Thatcher and John Major
Bailed-out Jamaica in last-chance saloon
Last month’s bailout led by the International Monetary Fund could be the country’s final chance to avert an economic catastrophe
US banks’ corporate loans spark risk fears
Industry warns some lenders are dramatically cutting the terms and interest rates at which they offer business loans as they seek to boost profits
N Korea launches four short-range missiles
Launches come as Pyongyang condemns the US deployment of an aircraft carrier to take part in joint exercises with South Korean forces
Pakistani politician shot dead in Karachi home
Zehra Shahid Hussain, a member of Imran Khan’s reformist party, is shot dead by gunmen ahead of the reopening of 43 polling stations in Karachi
Predicting the Weather, Corn, Ethanol and Oil Production
News of the future was, in my youth, something that one found by crossing the palm of a lady in a dark tent with a piece or two of silver (or the modern equivalent) at one of the fairs that came to town. Such opportunities still exist, with all the cav...
Politics, bribery charges swirl around Uganda oil
Uganda, which has confirmed oil deposits of about 3.5 billion barrels, wants to extract at least 1.2 billion barrels over the next three decades. That figure could rise when more oil blocks are put up for exploration later this year, potentially making Uganda one of Africa’s top oil producers.
Drumbeat: May 18, 2013
Energy Department approves expanded LNG exports The Energy Department gave a terminal near Freeport, Tex., permission Friday to ship liquefied natural gas to Japan, providing a new outlet for rising U.S. production of shale gas despite qualms of enviro...
Fury as senior Tory calls activists ‘loons’
Cameron’s decision to press ahead with gay marriage and inability to deliver immediate EU referendum have created air of mistrust and acrimony in party