Daily Archives: January 28, 2011

Speculation about the potential closure of the Suez canal is mounting on Friday, probably the reason that WTI prices are heading higher. Read more

Sheila McNulty

ExxonMobil has made some interesting – if not surprising – forecasts in its annual Outlook for Energy, in which it projects long-term energy trends. The report is not just what Exxon hopes will happen but rather based on detailed analysis of 100 countries, 15 demand sectors and 20 fuel types. Read more

Sheila McNulty

The strong profits for the fourth quarter of 2010 reported by ConocoPhillips underline just how much its efforts to slim down and focus on organic growth are paying off. Indeed, the results are so good that the strategy is something other companies might want to consider. Read more

Kiran Stacey

In this week’s readers’ Q&A session, Ian Simm, chief executive of Impax Asset Management, answers your questions.
Below, he discusses impediments to biofuels, EU support for Chinese renewables and gas’ future as a clean energy source. Read more

FT Energy Source

- BP faces legal challenge to Russian bid – FT
- Rosneft strikes oil deal with Exxon – The Times (£)
- Dispute looks set to end up in UN mediation – The Telegraph
- Fridman lawsuit shocks Moscow – FT
- BP might be best to buy out AAR – FT Lex
- Europe extends carbon market freeze indefinitely – The Guardian
- Exxon forecasts 35% global energy demand growth by 2030 – Bloomberg
- Court clears OMV chief of insider trading – FT
- Iberdrola to invest $365m in Mexico projects – WSJ (£)
- ConocoPhillips, GE, NRG to form joint venture – Argus
- Oil and gas companies exposed to Egypt – The Telegraph
- Smart investors are avoiding WTI – FT Short View
- Green investment bank: Not green, not a bank – Caroline Lucas, The Guardian
- Obama green job vision faces challenge from abroad – Reuters
- Dealing with an overflow of solar energy – NY Times Green blog
- Game of two halves for Eaga – FT Read more