Daily Archives: April 5, 2011

Sheila McNulty

ConocoPhillips’ shrink-to-grow strategy is doing more than benefitting the company and its shareholders. It turns out the architect of the programme, Jim Mulva, Conoco’s chief executive, got a 25 per cent increase in total compensation to $17.9m in 2010.

 Read more

Oil prices slipped slightly in Asian trading on Tuesday but remain well above $120 a barrel for Brent crude, as investors fret about Libya, unrest in North Africa, and Nigerian election delays, not to mention delivery problems in the North Sea and a strike in Gabon. Read more

FT Energy Source

- Oil prices reach sterling high – FT
- Brent crude soars in warning to chancellor – The Times
- Gabon oil strike ends – Argus
- Libyan rebels set for first crude exports – FT
- Kuwait Petroleum says oil price is too high – WSJ
- BP has no agreement to drill in Gulf of Mexico, says Salazar – Bloomberg
- BP’s alliance with Rosneft still in balance – FT
- BP chucks out beer cans to get back to basics – The Times
- Ex-BP chief in talks to set up fund – FT
- Salazar slams Transocean over bonuses – NY Times Green blog
- Transocean regrets ‘insensitive’ wording – WSJ
- Kazakhstan delays work on vast oil field – The Telegraph
- Sabic sees growth at home and abroad – FT
- Japan plant releases radioactive water into the sea – The Guardian
- Fresh Tepco woes pressure Asian stocks – FT
- Aggreko wins contract to power Japan – The Telegraph
- Sweden tries to solve nuclear storage issue – FT
- Rockhopper rises on Falklands oil estimates – The Telegraph
- World Bank to limit funding for coal-fired power stations – The Guardian
- Turbine maker warns on wind subsidies – FT
- Wind power hits a trough – WSJ
- Germany to phase out nuclear power, says deputy minister – Reuters
- Fears over nuclear loophole in energy bill – The Guardian
- GE chief defends nuclear safety – Reuters Read more