Carola Hoyos

Matthew R. Simmons died suddenly of a heart attack on Sunday. He was the controversial author of Twilight in the Desert, which shed doubt on Saudi Arabia’s continued ability to supply the world with oil. Read more

Carola Hoyos

Shareholders are beginning to believe BP and Anadarko may have different fates. Will Anadarko, a partner in the Macondo well, pay up? Read more

Carola Hoyos

It appears Canada’s oil industry has had enough of being maligned. After months of attacks from environmentalists and campaigning shareholders, the Canadian Association of Petroleum Producers, has drawn the line at designer soap. Bernard Simon reports. Read more

Carola Hoyos

Recently a handful of deals in the region shows that far from giving up on East Africa’s potential, oil companies, big and small, are hoping they will discover the next Uganda. Petroleum Intelligence Weekly has called East Africa the “next exploration hotspot.” Read more

Carola Hoyos

An email by Tony Hayward, BP’s chief executive, to the company’s employees offers a glimpse of the internal turmoil the oil spill in the US Gulf of Mexico has caused at the company. Perhaps the most telling part was that Mr Hayward felt he needed to reassure his staff members that their jobs and pensions were safe. Read more

Carola Hoyos

Two very different discussions about the relationship between industry and its regulators are happening either side of the pond.  Read more

Carola Hoyos

A rig drilling for gas in Venezuela sank in the early hours of today. All 95 people on board were saved and there is no risk to the environment, according to Rafael Ramirez Venezuela’s energy minister. But how was the message delivered? Read more

Carola Hoyos

With so many theories of what went wrong – and who was in charge – on Deepwater Horizon that fateful night of April 20, Energy Source has decided to enlist the help of ‘on the rig’ expert Mike Clarke, who started his career as a mud engineer of the Diamond M92 rig offshoreLouisiana in 1969.  Read more

Carola Hoyos

One of the most important jobs on an oil rig is that of ballast control operator. It is an arguably tedious task in good times. But in bad times, it becomes an extremely challenging exercise of keeping hundreds of men alive and tens of thousands of tonnes of steel, worth hundreds of millions of dollars, upright. This is how it feels…. Read more

Carola Hoyos

Angola overtook Saudi Arabia as China’s largest crude oil supplier in March, a month in which China’s imports rose to their second highest level on record, according to Petroleum Intelligence Weekly. Read more