Further reading
Elsewhere this Wednesday:
- Rewarding results: how should we support the development of renewables?
- Iran and the Philippines: Mixing oil with bananas
- Fresh capital in the uranium fuel race
- Mafia cash in on EU wind farm handouts
Energy headlines
- BP takes some blame in Gulf disaster – WSJ
- Australian government prepared to adjust mining tax – Reuters
- Dana pitch for higher KNOC offer falters – FT
- MPs warned on deep sea drilling ban – FT
- UK wind power hits record generation output – Reuters
- Crude oil caught in a ‘stalemate’ between $70 and $75 – Bloomberg
Further reading
Elsewhere this Tuesday:
- Taming the Arctic: How to govern the spoils of climate change
- Turkey joins Europe, electrically speaking
- Asian shale investors want more
- Mexican drug cartels crippling Pemex operations in basin
- But there’s booty in a Salvadoran oil drum
Energy headlines
- Oil tycoon says PWC caved to pressure – WSJ
- Suzlon turns to emerging markets growth – FT
- Transneft risks downgrade on sale as bonds decline – Bloomberg
- BHP needs to strike balance on Potash price – FT
- UN agency says Iran is impeding inspections – WSJ
- Brazil stakes future on $75bn Petrobras offer – FT
- New Delhi looks to energy stake sales – FT
- Brazil extends sovereignty for oil drilling before UN approval – Bloomberg
- German groups agree €30bn nuclear deal – FT
- Merkel confident on nuclear plan despite opposition – Reuters
Further reading
Elsewhere this Monday:
- A voice from the next offshore oil frontier
- Saudi Arabia’s legal paradox detering investors
- Do you “go with the flow” or “stock up just in case”?
- GDF-Suez’s Mestrallet gaining scale and flexibility in natural Gas
- Coal a ‘driving factor’ in US Senate race
Energy headlines
- Rosneft appoints technocrat president – FT
- India’s Reliance not finished with shale buys, say bankers – Reuters
- BP revives bid to sell Alaskan assets – FT
- Blair warns on Iran’s nuclear program – WSJ
- BP brings failed blowout preventer to surface for tests – Bloomberg
- National Grid chairman to step down – FT
Further reading
Elsewhere this Friday:
- China sustains blunt ‘you first’ message on CO2
- Facebook loses friends over coal power
- Inuit Circumpolar Council: “We are tired of being told by Greenpeace what to do and what not to do”
- German military study warns of potential energy crisis
- Heat, not smart meters, hiked bills in California, report says
Energy headlines
PotashCorp not the only big deal on BHP’s radar
If you thought a deal worth $39bn would satisfy even the most acquisition-happy chief exec, you’d probably be wrong in the case of Marius Kloppers.
BHP Billiton’s chief exec is thought to be looking at a major oil and gas acquisition while at the same time working on the multi-billion deal to buy Canada’s Potash Corp, according to a story in The Australian on Thursday.
The paper quotes an unnamed “senior figure in the global energy industry” who is “convinced” that Anadarko Petroleum Corp is on BHP’s radar.
The company, with a market capitalisation of $25bn, is an appealing but tricky acquisition target. On the one hand it’s shares have seriously suffered since BP’s Macondo well explosion (Anadarko has a 25 per stake in the project) resulting in a more attractive valuation. But, also due to the Macondo disaster, it is now facing an estimated fine of up to $2bn.
Further reading
Elsewhere this Thursday:
- Fresh air for sale in Hong Kong
- Shale’s footprint: Another dead issue?
- Iowa: The Saudi Arabia of ethanol
- Pedal power takes off as exercise produces electricity
- Jatropha: A new form of energy
Energy Source is no longer updated but it remains open as an archive.
Insight into the financial, economic and policy aspects of energy and the environment.
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