Daily Archives: January 11, 2011

Kiran Stacey

This may be merely coincidence, but it seems unlikely.
The best performing sector on the benchmark US share index, the S&P 500, is currently energy. Of that sector, it is the oil services companies that are doing best – the ones who might have been hit heaviest had stringent new regulations hampered the way they were able to run rigs. Read more

Sheila McNulty

The US oil and gas industry feels slighted by the fact that the presidential oil commission’s report raises questions about the safety of deepwater drilling generally. Read more

Kiran Stacey

As we saw from Ed’s list of the main recommendations from the National Commission into the BP oil spill, they were pretty much what we were expecting from the overnight reports. But a few interesting pieces of information arose from the press conference. Read more

Ed Crooks

Here is the list of the National Commission’s main recommendations following the BP oil spill. Read more

Kiran Stacey

The final report has been published, and you can find it here. You can also watch the press conference live here.
Our latest analysis can be found here. And we will be bringing you regular updates as this story unfolds. Read more

Kiran Stacey

And then there was one. After Eon announced on Tuesday that it would increase electricity prices by 9 per cent and gas prices by 3 per cent, that leaves only EDF of the big six who have frozen charges over the winter. Read more

The interesting point about PetroChina’s European refining deal is how little political concern seems to have been aroused by the prospect of a Chinese state-controlled oil company pushing into the strategically-important energy sector. Read more

Kiran Stacey

The National Commission looking into the BP oil spill will present its final report today at 3pm GMT (you can watch it live here). So what can we expect it to find? Read more

FT Energy Source

- Oil spill panel to urge tougher oversight of offshore drilling – NY Times Green blog
- PetroChina takes stake in UK refinery – FT
- Refinery agreement unlikely to be the last – FT
- China’s state grid to work with GE on smart grid – WSJ (£)
- Pentagon forced to bar Chinese solar panels – NY Times
- Duke Energy to acquire Progress – FT
- Duke and Progress hail risk reduction – FT
- Duke merger offers customers little – WSJ (£)
- Emerging environment boosts Impax – FT
- Lukoil and Gunvor seal gasoline supply deals – Argus
- Alaskan pipeline leak propels oil higher – FT
- Oil pares gains on speculation US has adequate supply – Bloomberg
- Now is not the time to keep on trucking – Terry Macalister, The Guardian
- Texas in showdown over US carbon regulations – FT Read more