Editor

Editor

Simon Ratcliffe

Simon Ratcliffe

Until recently Simon was a senior strategic planner and management consultant with over 20 years analytical and transformational experience in both the private and public sectors focussed on energy. He spearheaded the establishment of ASPO in South Africa based on…

IEA: The age of cheap energy is over

alternative energy wind solar panels

The Executive Director of the International Energy Agency (IEA) has warned that curbing rising fossil fuel prices will require significant investments and further development and deployment of renewable energy technologies, energy efficiency, and advanced vehicles. Nobuo Tanaka noted that the…

A Dark Warning on Global Oil Demand

crude oil barrels

Many top corporate and political figures gathered in Houston on Tuesday for the annual CeraWeek conference on the outlook for energy, and they got an earful from John B. Hess, chairman and chief executive of the Hess Corporation. “An energy…

WikiLeaks: Saudi Arabias oil reserves exaggerated

Flags of IPU member states

The US fears that Saudi Arabia, the world’s largest crude oil exporter, may not have enough reserves to prevent oil prices escalating, confidential cables from its embassy in Riyadh show. The cables, released by WikiLeaks, urge Washington to take seriously…

Why Oil Mixes With Gold

Oil depletion

Brian Cohen, an investment fund analyst, has examined the connection between oil and gold and how this may affect the world. Considerably higher oil prices are coming to the world at the worst possible time. Not only is the world…

IEA sounds oil price alarm

crude oil barrels

IEA executive director Tanaka told reporters on the sidelines of an industry conference that Opec “needs to show more flexibility” in increasing oil production according to Reuters. “If the current price continues, it will have a negative impact,” he said.…