Daily Archives: November 3, 2010

In this week’s podcast: We take a look at BP’s third quarter results which show the company back in profit, we look at Ali al-Naimi, Saudi’s oil minister’s comments about crude oil and we end the show with a look at the Singapore International Energy Week and the future of fossil fuels. Read more

Sheila McNulty

California’s decision to keep its climate laws on track is a blow to the oil industry that sought more time before they were enforced. Read more

Kiran Stacey

So BP will restore its dividend next year, it seems, but at a significantly lower than what it used to pay. For a highly cash-generative company which is currently in the process of divesting many of its growth assets, is this a good idea?
The answer, from the City at least, is a resounding yes. Read more

FT Energy Source

- BP pay-outs to be less generous after spill – FT
- Room for optimism at BP – FT Lex
- Partners have yet to pay for oil spill – The Times (£)
- Statoil net income rises to $2.36bn – Bloomberg
- Coal and oil win as voters reject cap-and-trade supporters – WSJ (£)
- California climate law survives poll challenge – Reuters
- Oil prices rise above $85 on Saudi signal – FT
- BG finds a third more oil in Brazil – The Telegraph
- Enel reweights green IPO to retail buyers – FT
- Landlords face fines for energy inefficiency – The Guardian
- Minister seeks to calm wind farm fears – FT
- Offshore wind plans build southern momentum – Argus Read more