Daily Archives: May 10, 2010

Ed Crooks

BP is turning to desperate measures in its battle to stop its oil spill in the Gulf of Mexico, proposing to fire bits of tyre and golf balls into the failed blow-out preventer on the sea bed, to plug the leaking pipe. One of the reasons is the existence of methane hydrates, which are not only troublesome for BP.  Read more

Carola Hoyos

With so many theories of what went wrong – and who was in charge – on Deepwater Horizon that fateful night of April 20, Energy Source has decided to enlist the help of ‘on the rig’ expert Mike Clarke, who started his career as a mud engineer of the Diamond M92 rig offshoreLouisiana in 1969.  Read more

Kate Mackenzie

There’s been an awful lot of speculation about what the Gulf of Mexico oil leak will mean for the chances of an already-challenged US climate bill getting through. Intuitively, it makes sense. But looking at the Senate numbers make it much less convincing. We may find out soon, as two of the original three sponsors say they will introduce the bill on Wednesday. Read more

Kate Mackenzie

Oil sands-rich Canada is the biggest foreign supplier of oil to the US. A new report for Greenpeace takes a look at whether, and how much, unconventional oil sands-derived products end up in Europe, where oil majors Shell and BP are facing campaigns critical of their investment in tar sands production.  Read more

Kate Mackenzie

There are quite a few other things are going on in commodities markets beyond the debate over Australia’s resources tax, and a good portion of them relate to China. For coal exporters, it’s not just fears over China’s tightening that is the issue right now: its domestic industry is also a factor. Read more

Kate Mackenzie

Some in the solar industry are expecting a wave of consolidation. Behind the shifting market dynamics are cuts to feed-in tariffs, which have been weighing heavily on the minds — and in some cases, the share prices — of solar manufacturers that operate in Europe.  Read more

Kate Mackenzie

- A shortage of barriers

- Do we really care about the oil spill?

- Scaling the Deepwater Horizon spill

- Canada counts its oil sands blessings

- Greek crisis a “little thing” to Saudi Arabia Read more

Kate Mackenzie

- BP plans to use debris to staunch oil leak – FT

- BP’s preparedness for major spill is questioned – WSJ

- BP shareholder sues directors over safety lapses – Bloomberg

- BP outlook cut to negative by S&P – Bloomberg

- Coal mine explosions cast shadow over Russian celebration – FT

- China carbon tax likely, experts predict – China Daily [And more] Read more