Overlooked resource: why the energy-rich Gulf faces a gas shortage
Past underinvestment has left the region struggling to secure adequate supplies for everything from power to petrochemicals and thus sustain economic growth
Energy Security
Resources
Global economic growth has put increased demand on oil and gas reserves and countries have been struggling to secure their long-term energy supplies
Ukraine energy scheme backers revealed
A company owned by Ukraine’s richest man has revealed it is one of three financial backers for an important hydrocarbon project whose fate was put in doubt by Kiev’s prime minister
Oil demand to weaken as prices soar
Reduces pressure on Opec
Shell to help plug Nigeria shortfall
State’s funding gap stalls main projects
EDF adds to its UK nuclear options
Power company buys land around nuclear sites
Gazprom signs fuel supply deal with Libya
Putin writes off $4.5bn debt during visit
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Interactive
Oil: Key players and movements
Interactive map: the world’s largest oil producers, consumers, proved reserves, and how oil flows around the world. Now with 2007 data
Analysis
The market sets high oil prices to tell us what to do
Oil is a finite resource; it drives global transport; and if emerging economies consumed it as Europeans do, world consumption would jump by 150 per cent. Don’t blame the high price on speculators and big bad oil companies, says Martin Wolf. The reality is different
Global gas squeeze
A region suffering from “abject poverty, filth and squalor, and endemic conflict”, according to the United Nations. On such places does global energy supply rely
What power to the people?
Post-apartheid efforts to reform South Africa’s energy interests have left a shortfall in generation capability that is hindering the nation’s economy and will take years to redress
Comment
Kremlin celebrates Gazprom’s power
Until the Kremlin lets go of Gazprom’s reins, it will not be a commercial enterprise charging market prices and guaranteeing supplies to customers
Peanut power
Brussels wants biofuels to account for 10 per cent of road fuel consumption by 2020, but there are good reasons why Europe’s leaders should rethink this policy
Challenging the myths of energy security
The way to deal with medium-term shortages is through higher taxes, fuel economy standards and alternative technologies, says Pierre Noël
Reduce the risk of nuclear investment
Financing new nuclear power stations in liberalised electricity markets need not require subsidies or other forms of support, writes David Newbery
