Daily Archives: April 6, 2010

Kate Mackenzie

Now that crude oil prices are above $85 a barrel, how can we expect producing countries to react? For most, this is a no-brainer. For Saudi Arabia, it is a very interesting question indeed. Read more

Ed Crooks

As the details emerge of president Obama’s proposals to open up more areas of the US coast for oil and gas development, the modest scale of his plans has become clear. Indeed, in Alaska the restrictions on access are being strengthened, not relaxed.

The industry has welcomed the proposals as a good start, but some majors are privately pointing out what more they would like to see done.

The plan as set out by the Department of the Interior supports the contention that the significance of the move is largely political. Read more

Kate Mackenzie

Cries of derision aside, what came out of Copenhagen in terms of commitments to reduce greenhouse gas emissions – non-binding as they might be? More estimates are in, but few are optimistic. Read more

Kate Mackenzie

The mystery over how US natural gas production has increased while rig counts have decreased might be solved, in part: it hasn’t been rising so much. At least, not as much as EIA data had suggested.
Natural gas futures have risen on news that the production data is being revised, and reports that it may be revised downwards. But how big will the impact be?  Read more

Sheila McNulty

The US Chemical Safety Board (CSB), an independent federal agency charged with investigating serious chemical accidents, urged refineries to review safety recommendations after five workers died at an explosion and fire at a Tesoro refinery in Washington. Read more

Kate Mackenzie

- Canada oil sands are still a gamble for investors

- SE Asia blames China for water shortage

- How would thousands of scientists engineer a climate hoax?

- Mustangs and CAFE standards

- How far away might EPA carbon regulation be?

- Utica shale gas play may be about to ignite

- So, where is the backing for nuclearRead more

Kate Mackenzie

Oil surges on optimism over global manufacturing (FT)

Vattenfall chips in for Liberian biomass project (FT)

Tesoro’s new chief faces probe over refinery blast (Bloomberg)

ExxonMobil to pay $32m in unpaid US royalties (FT)

Companies struggle to offload North Sea oil and gas assets (FT)

Commodity bulls may be due a Chinese reality check (FT)

Publicity-shy Trafigura boss may appear in court (Telegraph)

BP shareholders at loggerheads over vote on tar sands development (Guardian) Read more