Illustration by Pepa Reverter
Energy
Delay adds to doubts about trans-Malaysian pipeline project
By IOANNIS GATSIOUNIS
Trans-Peninsula Petroleum said last year that it would build a pipeline across Northern Malaysia to carry crude oil from the Middle East to East Asia, bypassing the Strait of Malacca, but the project is behind schedule and lacks customers and investors.
U.K. debates a barrier on the Severn
By ERICA GIES
A plan to harness tidal power highlights the conflict between energy security and ecology, and the harm that may be done by some low carbon energy technologies.
Despite record profits, oil companies find little comfort in high prices
By CHRISTOPHER KNIGHT
Exxon Mobil reported a record 2007 profit of $40.6 billion, earnings that trounced any other company. Royal Dutch Shell reported the largest earnings of any company in Britain, at about $31 billion. Yet, despite appearances, industry analysts are not rushing to pat the majors on the back.
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