Daily Archives: April 8, 2011

Kiran Stacey

Moody’s has been explaining why it downgraded Tepco’s credit rating in the wake of the Fukushima crisis. It’s hardly a decision that needs much justification: the problems have been as visible and arguably as damaging to the company’s reputation as the Gulf of Mexico spill was to BP. Read more

BP is running out of options. Its plans for a cooperation pact with Russia’s Rosneft was on Friday blocked for a second time by a legal challenge from its Russian partners in its existing Russian joint venture, TNK-BP. Read more

Kiran Stacey

In this week’s readers’ Q&A session, Amrita Sen, oil analyst at Barclays Capital, answers your questions.
In this second of two posts, she discusses drilling in the US, national oil subsidies and growing demand from the Middle East. Read more

BP failed on Friday to secure legal permission to go ahead with its proposed share deal with Rosneft, the Russian state-controlled oil group, after the Russian partners in its existing Russian venture TNK-BP opposed the plan. Read more

Kiran Stacey

In this week’s readers’ Q&A session, Amrita Sen, oil analyst at Barclays Capital, answers your questions.
In the first of two posts, she discusses whether speculation is driving up the oil price, whether such an increase could trigger another recession and when “peak oil” might occur. Read more

Kiran Stacey

The global economic recovery is unlikely to be threatened by rising oil prices, Amrita Sen, oil analyst at Barclays Capital, has said. Read more

FT Energy Source

- World still to weather higher oil prices – FT
- Crude at $175? Oil traders test the future – FT
- Chevron rekindles old Texas flame – WSJ
- Libya rebels fight to keep oil lifeline open – FT
- Libya’s Ghanem says strikes shut down Sarir oilfield – Bloomberg
- UK regulators warn Transocean on North Sea operations – WSJ
- Quake jolts Japan’s northeastern coast – FT
- Cairn deal hits snag in Indian cabinet – The Times
- Stakes rise over BP’s Rosneft venture – FT
- Fu Chengyu to join Sinopec as chairman from Cnooc – Bloomberg
- Exxon CEO defends XTO purchase – WSJ
- National Grid ‘errors’ caused US scandal – The Telegraph
- Moscow lures Ukraine with cheap gas – FT
- Green energy plans mired in uncertainty, says Miliband – The Times
- GE in fresh renewable energy push – FT
- US falls behind China in wind power – Reuters
- Fuel prices stir concern about biofuels – NY Times
- EU plans to link emissions trading with California – The Guardian
- House votes to prohibit emissions regulation – Argus Read more