Daily Archives: October 12, 2010

Kiran Stacey

Earlier this year, BP raised $5bn in new loans to bolster its capital position following the Gulf oil spill. Various banks was involved, including BNP Paribas, Standard Chartered, SocGen and RBS. Lloyds was not. Read more

Kiran Stacey

The US government will end the moratorium on deepwater drilling in the Gulf of Mexico this week, the White House has said. Read more

Kiran Stacey

Unsurprisingly here at the first Oil & Money annual conference since the BP oil spill, the talk in the corridors and meeting rooms, not to mention the main stage, has been dominated by that tragedy. Read more

Kiran Stacey

I will be blogging today from the first day of the Oil & Money conference in London, where the great and the good of the oil business are thronging the hallways of one of the city’s swishest hotels.
The keynote speech this morning was delivered by Peter Voser, the CEO of Shell. He talked about the role natural gas has to play in global energy supplies, and especially in the UK, which our energy editor Sylvia Pfeifer wrote about in today’s FT. Read more

FT Energy Source

- Shell seas key natural gas role – FT
- Exxon, Chevron’s African oil ambitions face state curbs – Bloomberg
- Sanctions hit Iran petrol imports – FT
- EU warns over climate ‘backtracking’ – Argus
- Cairn warns Delhi over $9bn sale – F
- Wind could provide 20% of world power by 2020 – Economic Times
- Floating turbines promise to deliver reliable wind – The Guardian
- Loan terms generate US nuclear obstacles – FT
- EDF’s Maryland setback not all bad news – FT
- Canada’s oily sands yield energy and protests – NY Times
- UK government lobbied to keep port spending – The Times (£) Read more