From the Senate hearing room, the FT’s US political correspondent Anna Fifield reports:
Protestors and lobbyists jostled for seats in the back of the packed Senate hearing room on Tuesday morning.
Some environmentalists with black tears painted on their faces wore T-shirts saying “Energy shouldn’t cost lives” while others in suits worse stickers reading “Protect our beaches”.
As the senators and executives walked in, some protestors, this time in pink, yelled “BP kills wildlife”. Read more
BP was responsible for critical decisions on the Deepwater Horizon drilling rig, its contractors have said, pointing the finger at the British company for its role in the disaster that killed 11 men and created an oil slick the size of Florida in the Gulf of Mexico. Read more
If offshore oil rigs are usually explosion-free, and the companies that operate them dedicate significant resources to safety and testing, how does an accident as terrible as the Deepwater Horizon disaster occur? Read more
Today’s Senate hearing into the Deepwater Horizon disaster will hear testimonies from three of the key companies involved in the well, a regulator, and an engineer. Though all point out that it’s too early to know how the accident occurred, the three companies are already homing in on specific issues they believe are most important. Read more
Coal, the world’s fastest-growing source of energy — and one of its most-polluting — is coming under pressure from one of its biggest traditional consumers, the US, via natural gas and pollution regulations. Meanwhile India is talking about not mining some of its own reserves, for environmental reasons.
So it still seems a little ironic that the EU, which has been the developed world’s earliest mover on climate change, last week signalled it would delay enforcing new pollution standards on coal-fired power plants, pushing the deadline back from 2014 to 2019.
Not only that, but Europe’s own coal demand is recovering to the extent that it is beginning to squeeze Asian prices. Read more
- No easy villains in oil spill
- 28% of Republicans are more likely to support offshore drilling
- Why oil leaks are a ‘weather event’
- Mother nature may have her revenge on the energy industry…
- How long should BP remain in charge?
- API conference call transcript; TOD’s summary [And more] Read more
- Oil spill executives face grilling – FT
- Hopes fade for missing Russian miners – FT
- Rig owner had rising tally of accidents – WSJ
- Engineers trying multiple tactics in GoM – Washington Post
- Sacks of sand dropped on LA barrier islands – AP
- ‘Top hat’ should be in place this week – Rigzone
- MMS completes rig inspections – Rigzone
- BG extends presence in US shale – FT [And more] Read more