Daily Archives: April 18, 2011

Kiran Stacey

Brent priceThe only thing more surprising than the comment from Ali Naimi, the Saudi oil minister, that the oil market is oversupplied, is how seriously the market appears to have taken it. The oil price has dipped sharply today, according to some at least, because of Naimi’s comments. Read more

At last the plucky Falklands explorer has found some of the black stuff.
Unfortunately, it did’t find very much – two oil shows over a 1-metre section – and that means the game is almost up for Desire. Read more

Oil traders will have one less thing to worry about if Nigerian president Goodluck Jonathan is confirmed on Monday as the clear winner of Saturday’s election. Read more

FT Energy Source

- Dudley told to break up BP – The Sunday Times
- BP boss tries to salvage Rosneft deal – The Telegraph
- BP: An Arctic gamble – FT
- Oligarchs play poker face in game of who blinks first – The Times
- Testing times await disaster response units – FT
- Exposed: BP’s attempts to control oil spill research – The Guardian
- The oil spill that changed the industry – FT
- Oil firms to deploy new deepwater spill containment device – WSJ
- Costs of the BP oil spill – FT
- Chevron hits at North Sea oil tax rise – FT
- Shell expects to drill in Alaska in 2012 – WSJ
- Nigerian polls pose headache for oil firms – Argus
- High oil prices start to hit demand – FT
- Al Naimi: Oil market oversupplied – WSJ
- Oil and gas companies injected toxic chemicals into ground – Bloomberg
- Japan reactor shit down to take months – FT
- ‘Low-carbon China’ headlines fail to capture reality – The Guardian
- Australia carbon scheme faces growing opposition – Reuters
- US extends seeding of biomass – NY Times Read more