energy demand


High oil prices and the economic recession

SOME people used to call me Dr Gloom because of my economic forecasts for the Scottish economy. I felt that was unfair because I have actually had an accurate forecasting record over the last decade and rarely been more pessimistic than the actual outcomes.


Arab Spring disruption

The Arab Spring has disrupted investment plans in oil and gas projects as some governments in the region have shifted their focus to meet increasing demands from their population, the International Energy Agency (IEA) said today.