Daily Archives: June 7, 2010

Carola Hoyos

Recently a handful of deals in the region shows that far from giving up on East Africa’s potential, oil companies, big and small, are hoping they will discover the next Uganda. Petroleum Intelligence Weekly has called East Africa the “next exploration hotspot.” Read more

Kate Mackenzie

Even as oil from the well is being captured, photos of oil-dredged birds such as this have emerged in the past few days are exposing more vividly the environmental effect of the spill. Read more

Kate Mackenzie

Thirty-seven of the world’s biggest developing countries are spent $557bn subsidising fossil fuels in 2008, according to new estimates by the IEA seen by the FT. More recent data is not yet available. But that represents quite a steep jump.  Read more

Kate Mackenzie

The uncertainty around liability and other long-term costs of the Gulf oil spill is affecting companies other than BP that are involved in the Macondo well, such as the much smaller oil and gas company Anadarko is a 25 per cent owner of the well, with a non-operating interest. Read more

Kate Mackenzie

- ‘I’ve no idea what more Obama can do. Why is he not doing more?’

- Electric rebirth for shuttered car plant

- Peak oil stress map

- Electric car goes 623 miles on one charge

- Environmental investment funds were already cooling on BP [And more] Read more

Kate Mackenzie

- BP claims first spill success – FT

- BP told to raise US refinery safety levels – FT

- Markets take dim view of other oil companies – FT

- Tiny tar balls reported farther east on Florida coast – Miami Herald

- Blowout in Marcellus shale well – WSJ

- Louisiana remains faithful to big oil – FT [And more] Read more