Daily Archives: June 14, 2010

Sheila McNulty

When the chief executives of the world’s major oil companies go before a Congressional subcommittee on Tuesday, they will attempt to differentiate themselves from BP publicly for the first time. According to someone who has seen the planned remarks by the chiefs, they will say that by adhering to best practices, companies can avoid accidents like the one gushing oil into the Gulf. It is a risky position to take. Read more

Understandably, given the recent rhetoric from President Obama, analysts want to know whether BP could firewall its US business. And the answer to that question is that it would be very difficult, if not impossible. Read more

Kate Mackenzie

US corn ethanol industry is promoting itself as an alternative to deepwater oil as the Gulf of Mexico oil spill continues. But new papers have criticised soy and corn ethanol in terms of land and water use.  Read more

Kate Mackenzie

Coal is becoming ever more popular, while oil declines as a primary source of energy. This could have implications for the rise of coal-to-liquids.  Read more

Kate Mackenzie

Two weeks of international talks in Bonn ended on something of a sour note when Saudi Arabia and two other Gulf fossil-fuel producers blocked a proposal for an updated report on the effect of a 1.5 degree increase in climate.  Read more

Kate Mackenzie

- Arctic drilling faces a freeze

- Will Anadarko donate its Macondo oil revenues?

- A privately-managed disaster

- BP feels the ire of a Machiavelli

- Climate scientists receiving more threats

- Businesses collapse, waiting for compensation [And more] Read more

Kate Mackenzie

- US wants BP compensation set aside – FT

- BP ready to suspend dividend payouts – FT

- Oil groups to distance themselves from BP – FT

- BP seeks truce on oil spill – FT

- Obama plans first Oval Office speech to put more pressure on BP – NY Times

- BP chases moving target – FT

- Drilling rule hits Alaska pipeline – WSJ [And more] Read more