Daily Archives: January 19, 2011

In this week’s podcast: BP and its unveiling of a $16bn share swap with Rosneft, Russia’s biggest oil producer; the continued battle by Opec to keep oil prices from escalating towards $100 a barrel and beyond; National Grid and the long-awaited ruling from New York state regulators on the amount it can charge its customers in the US. Read more

Kiran Stacey

Will the glut of natural gas be a good thing for the environment? The gas industry insists it could be, if we invest in the infrastructure to use it, as it would displace coal, which produces more CO2 when burned.  Read more

The Russian partners in TNK-BP have been grumbling about BP’s landmark deal with Rosneft. They seem to feel they have been cheated out of the opportunity to explore the Arctic, potentially one of the biggest oil provinces in the world. Read more

Kiran Stacey

Just when you thought you’d heard all the impressive predictions about China in the coming years, BP comes out with another.
In a report released on Wednesday, the energy giant claims that China will be the largest source of oil consumption growth over the next 20 years – increasing consumption to 17.5m barrels per day – overtaking the US as the world’s biggest oil consumer in the process. Read more

FT Energy Source

- GE to sign slew of China deals in jobs boost – FT
- Pushing the energy envelope with China – NY Times Green blog
- Clean energy seen as ‘bright spot’ for US-China relations – Reuters
- Russian partners muscle in on BP-Rosneft deal – The Times (£)
- Opec moves to keep oil bulls at bay – FT
- Shell shuts down North Sea platforms after incident – Bloomberg
- National Grid awaits ruling on charges – FT
- French banks offer loan for Brazilian nuclear plant – WSJ (£)
- Energy firms’ profits up 50% over freezing winter – The Telegraph
- BP study outlines shift in fossil fuel use – FT
- India plans Asian tidal power first – BBC
- Geothermal: The energy source of the future – Damian Carrington, The Guardian
- Can the US compete with China on green tech? – NY Times
- Floods to cost Queensland coal trade A$2.3bn – FT
- Queensland floods create ethanol shortage – Argus
- Essar revives refinery talks with Shell – The Times (£)
- Pinchuk’s Regal in move to trump Energees – FT Read more