Financial Times FT.com

Energy Security

Study sees harmful hunt for extra oil

By Carola Hoyos in London

Published: February 18 2007 22:05 | Last updated: February 18 2007 22:05

All the world’s extra oil supply is likely to come from expensive and environmentally damaging unconventional sources within 15 years, according to a detailed study.

VIDEO

Carola Hoyos

Carola Hoyos looks at the implications of the report

This will mean increasing reliance on hard-to-develop sources of energy such as the Canadian oil sands and Venezuela’s Orinoco tar belt.

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