The Federal Reserve gets a greater role to play in overseeing large financial institutions MERLIN FLOWER | 2010/02/10 On Jan 21, the US President Barack Obama announced a series of measures to reduce risk in the financial sector. The proposals intend to tighten the regulatory mechanism and prevent a second- or like- sub-prime mortgage crisis. […]

Peace in the region could bring in investments in the oil field MERLIN FLOWER | 2010/02/04 It can’t be disputed that the world needs more oil. The IEA has predicted that the global oil demand this year would be 86.3 million bpd, the highest level since 2007. This means that demand, mostly from growing economies […]

The production of petroleum from tar sands is an extremely profitable affair for companies mining Canadian tar sands GIUSEPPE MARCONI | 2010/01/27 In order to ascertain whether Canadian tar sands are profitable, we need to understand exactly what they are. Tar sands are mixtures of naturally occurring clay and bitumen. Bitumen is a sticky tar […]