Daily Archives: April 4, 2011

Libyan rebels are set for their first oil export as soon as Tuesday as they seek funding to sustain their uprising against Muammer Gaddafi’s 41-year rule of the north African nation.

The Liberia-flagged Equator tanker was off Port Said, Egypt, early on Monday and is expected to dock at the Marsa el-Hariga crude oil export terminal near Tubruq, in east Libya, on Tuesday morning, according to Lloyd’s Intelligence, the shipping industry data provider.

The owner of the tanker, Greek-based Dynacom Tankers Management Ltd, declined to comment when contacted by the Financial Times. Dynacom is Greece’s third-largest tanker operator.

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Kiran Stacey

There has been a great deal of commentary in the last few weeks that the nuclear crisis at the Fukushima plant is not as bad as the Chernobyl meltdown.
We can only hope that prediction proves correct. But for the nuclear industry, say the analysts at UBS, the consequences are already even worse. Read more

Kiran Stacey

Amrita Sen, BarCap’s oil analyst, has kindly agreed to extend the deadline so more Energy Source readers will get the chance to ask their questions.  Read more

FT Energy Source

- BP to resume drilling in Gulf of Mexico – FT
- Transocean cites safety in bonuses – WSJ
- Transocean employees decline to testify in BP spill inquiry – NY Times
- Oligarchs renew bid to halt BP deal with Rosneft – The Telegraph
- Conoco targets deepwater even as it streamlines – FT
- Alaska pushes offshore drilling – WSJ
- Shell extends global sell-off – The Times
- Oil majors step aside for newcomers – The Times
- Tepco struggles to halt radioactive leak – FT
- Tepco speeds up thermal power expansion – Argus
- Japanese turn to paper and sawdust to plug leak – The Guardian
- Nuclear workers found – WSJ
- Japan may review 202 emission cut target – Reuters
- RWE plans to sue over nuclear shutdown – FT
- GE to campaign for cut in gas flaring – FT
- Saudi Arabia looks to cut oil use by half – Bloomberg
- Danish pensions invest in giant offshore wind farm – FT
- Enel: Well diversified geographically – FT Lex
- Ronson targets UK petrol stations – FT Read more