Monthly Archives: April 2011

BP reported a significant drop in the costs related to last year’s devastating Gulf of Mexico oil disaster in the first quarter as the UK oil group sought to rebuild its oil and gas exploration operations. Read more

Sheila McNulty

A year after the Macondo disaster, the industry has pulled together in the US and built not one but two spill containment systems. These systems are really state-of-the-art and aimed at containing a massive spill in the deep water.

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Kiran Stacey

In this week’s readers’ Q&A session, Cameron O’Reilly (far left) and Steve Cunningham answer your questions. They are CEO and UK and Ireland chief, respectively, of Landis+Gyr, the world’s biggest maker of smart meters by market share.
In this second of two posts, they talk about how manufacturers and grid operators can work together on rolling out meters and how big the global market for the devices could be. Read more

Kiran Stacey

In this week’s readers’ Q&A session, Cameron O’Reilly (far left) and Steve Cunningham answer your questions. They are CEO and UK and Ireland chief, respectively, of Landis+Gyr, the world’s biggest maker of smart meters by market share.
In the first of two posts, they discuss what can be done with the data from smart meters, and how concerned the public should be about the use of this data. Read more

Kiran Stacey

Rolling out intelligent energy meters could help the UK reduce its energy usage by up to 15 per cent, five times current government estimates, the world’s biggest smart meter maker has said. Read more

The US Energy Information Administration, distributor of the world’s most scrutinised and transparent energy statistics, is facing tough budget choices on account of the government’s ongoing debt ceiling fiasco.  Read more

FT Energy Source

- BP sues Transocean for $40bn – The Telegraph
- Cameron responsible for blowout, says BP – Bloomberg
- Gulf drilling delays fails to stem US oil flow – FT
- Chevron’s vote of confidence in deepwater drilling – FT
- Small companies stay in gulf’s deep waters – WSJ
- Fossil fuel firms use ‘biased’ study in shale lobbying – The Guardian
- Fracking firm battles to woo English villagers – The Guardian
- BHP Billiton lowers oil production outlook – FT
- Iraq to announce fourth oil bidding round on Monday – WSJ
- Deadlock over Iran oil and gas takes toll – FT
- Putin tells BP to make peace with oligarchs – The Times
- Exxon chief on supply, demand and $120 crude – FT
- Unreliable data help roil oil markets – WSJ
- Exxon sees nuclear power holding its own – FT
- RWE in warning about plant stoppages – FT
- Radioactive spills and breakdowns at British nuclear plants – The Guardian
- Japan bans entry into Fukushima evacuation zone – BBC
- Japan: More than a moment – FT
- Former Massey CEO paid $10.4m – WSJ
- Origin trading halted ahead of LNG announcement – Argus
- Green energy: California dreaming – FT Lex
- PV cells turn windows into solar panels – NY Times Green blog Read more

In this week’s show: BP’s future – a City analyst gives his view; Rex Tillerson, head of Exxon Mobil, on nuclear power, the Middle East, and BP; and is solar energy being undermined by the UK government’s plans? Read more

Given the scale of the original reaction to troubles at Japan’s Fukushima-Daiichi nuclear plant, it’s interesting to see the degree to which uranium ore prices have stabilised since March. Especially since the crisis itself is doing anything but. Read more

Shares in Rosneft were up 1.7 per cent on Wednesday, boosted by a buyback plan that is widely seen in Russia as preparation for the state-controlled group’s planned controversial stock- swap with BP. Read more