Spot News

- Oil price fall brings opportunity
BMI’s expect direct flight between London and Baghdad to begin next spring (FT)

- Exxon keeps buy-backs on the agenda
The world’s biggest oil group reported a 58% drop in profits for the quarter (FT)

- ‘Greenwash’ hype fails to sway consumers
Consumers attach little credibility to companies’ environmental marketing messages (FT)

- De Beers diamond production drops 90%
The world’s top diamond miner shut its African mines to stimulate supply and demand (FT)

- Mexico’s Pemex posts $1.9 bln loss as output falls
Mexico’s state oil company hurt by lower production, oil prices and the peso decline (Reuters)

- Regulator backs Australian gas project plan
Gorgon project is one of the world’s largest gas developments (FT)

- Woodside freezes salaries, cuts budget after energy prices drop
Australia’s second-biggest oil and gas producer hit by global slowdown (Bloomberg)

- Metinvest buys $1bn United Coal
The deal shows some of Ukraine’s businessmen are sufficiently cash-rich, say analysts (FT)

- UK ‘will struggle’ to meet 2020 renewables goal
Scientists reveal scenarios for how lifestyles and energy generation must change (Guardian)

- BG suffers smaller profits decline than rivals
Smaller decline in profits than others stressed the ‘resilience’ of its earnings (FT)

Energy Source is no longer updated but it remains open as an archive.

Insight into the financial, economic and policy aspects of energy and the environment.

Read our farewell note

About the blog

Archive

« Apr Jun »May 2009
M T W T F S S
 123
45678910
11121314151617
18192021222324
25262728293031