Daily Archives: February 4, 2011

Petrobras offshore ship platformWhile Petrobras is drilling deeper than ever before beneath the seabed in its quest for nature’s wealth, above ground Brazil’s national oil company is seeking to tap further into international markets as it seeks to finance its ambitious capital expenditure plans. Read more

Kiran Stacey

In this week’s readers’ Q&A session, James Cameron, vice chairman of Climate Change Capital, answers your questions.
In this second post, he tackles renewable heat, biofuels and carbon regulation. Read more

Kiran Stacey

In this week’s readers’ Q&A session, James Cameron, vice chairman of Climate Change Capital, answers your questions.

In the first of two posts, he discusses how discredited the European emissions trading scheme is and what the jump in oil prices means for renewables.

In the second post, published later, he will tackle renewable heat, biofuels and carbon regulation.

Next in the hotseat is Josh Fox, the Oscar-nominated director of the environmental film Gasland. He will be answering your questions next Friday, February 11th. Send in your questions for consideration by the end of Sunday, February 6th to energysource@ft.com.

But for now, over to James: Read more

Kiran Stacey

James Cameron, one of the key advocates for carbon trading, has leapt to the defence of the beleaguered European emissions trading scheme, insisting, “We have no option but to make this work.” Read more

FT Energy Source

- Shell’s Alaska drilling plans to be delayed – FT
- Shell profits double to $18.6bn on high oil prices – The Telegraph
- Oil spill compensation fund not independent, rules Louisiana – The Guardian
- Rosneft ‘may buy out Russian holders of TNK-BP’ – Bloomberg
- Petrobras to double Brazil oil output – FT
- Challenges of the deep to transform industry – FT
- Egyptian riots raise pressure on Opec to boost supply – Bloomberg
- Rally in oil price powers energy stocks to gains – FT
- Blowout in Shetland could reach Norfolk – The Times (£)
- Wood Group considers sale of a division – FT
- Enel trims debt by a tenth – FT
- Another challenge to greenhouse gas rules – NY Times Green blog
- Obama plans ‘green tax’ incentives – FT
- US biofuels on life support, but smiling – Reuters
- UK allowed to restart carbon spot trading – The Telegraph
- Kinder Morgan aims for $2.3bn IPO – FT
- GE ready to cooperate on smart grid start ups – WSJ (£)
- EDF follows rivals in raising UK prices – FT Read more