Daily Archives: March 31, 2011

Kiran Stacey

Many thanks for all your questions for Keith Parker, chief executive of the UK Nuclear Industry Association. His answers will appear on this site on Friday, April 1st.

Next week, the person in the hotseat will be Amrita Sen, Barcap’s oil analyst.

Amrita is one of the oil industry’s best known analysts, and will be taking your questions on everything from the effect of the Libyan conflict on oil supplies to what high oil prices mean for Opec and the wider economy.

Email all your questions to energysource@ft.com by the end of Tuesday, April 5th.

FT Energy Source

Dmitry Medvedev, Russian president, touring Mognitogorsk metal works March 2011President Dmitry Medvedev has grumbled more than once about ministers holding top jobs at state-controlled companies – and to little effect. But this time it seems to be for real.

After Medvedev late on Wednesday ordered the removal of ministers from state enterprise boards by mid-year, Arkady Dvorkovich, his economic aide, followed up on Thursday and named names, starting with Igor Sechin, deputy prime minister, and Alexei Kudrin, finance minister. This is serious – and Moscow is rife with speculation about what it all means.

FT Energy Source

- Obama urges boost in energy production – FT

- Can we do without the Middle East – NY Times

- Funds plea to speed up oil drilling permits – FT

- Leadership vacuum at Tepco – WSJ

- Tepco to seek state support – FT

- Tepco claims may reach Y10-11 trillion – WSJ

- Japan may have to nationalise nuclear provider – The Telegraph

- EDF warned to improve reactor safety – FT

- EDF committed to nuclear despite Clegg cost fears – The Telegraph

- Total sounds alarm over tax swoop – FT

- Energy groups seek windfall tax reprieve – The Times

- Tullow faces further Uganda tax dispute – FT

- Tullow Oil: punching above its weight – FT Lex

- China to raise renewable power tariffs within two years – Reuters

- Spain’s financial crisis claims another victim: solar power – The Guardian

- Giant wind turbines face epic challenge – The Times

- EU long-term strategy supports ethanol use – Argus

Sheila McNulty

President Barack Obama is calling on oil companies to increase production in the US, accusing them of sitting on tens of millions of unused and unexplored acres of leases on public land waiting to be tapped. But this must be put in context.

It would be one thing to make this accusation if companies were simply able to lease acreage and set to work exploring, drilling and producing. But the reality is not so. Even before the Macondo accident in the Gulf of Mexico, regulators have long forced oil and gas companies to go through a variety of hoops before producing on a lease. In some cases, they did approve permits without proper scrutiny, but there were many others, such as in Wyoming, where they forced the industry to go above and beyond before granting permission to drill.

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