Topic: Centre for Global Energy Studies

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Europeans fear Iran oil embargo will wreck economy

With a proposed embargo on Iranian oil, the European Union and the US could suffer from rising oil prices while Iran simply finds new buyers.
Europe rethinks dependence on Libyan oil

Italy and Spain depend on Libya for as much as 22 percent and 13 percent of total crude consumption, respectively, a supply not easily replaced on short notice.
After BP oil spill, 'peak' oil seems nearer than ever

Without alternative supplies of energy to offset it, a decline in oil production would send shock waves through the world, rattling economies and politics alike.
Financial crisis threatens climate-change momentum

Experts fear the credit crunch will discourage governments worldwide from turning to taxpayers for assistance in climate-change efforts.
Britain mulls windfall tax on oil firms

A growing number of lawmakers are calling for energy companies to pay for fuel costs borne by poor Britons.
Europe balks at $8 a gallon gas

Protests have rocked London, Paris, and other cities across the continent this week.
Basra strike against Shiite militias also about oil

Iraq's oil minister says the assault helped curb oil smuggling.