Elsewhere this Wednesday:
- A nuclear giant moves into wind
- A greener Champagne bottle
- BP’s post-spill advertising comes at an unknown cost
- Just blowin’ in the wind
- Passions and detachment in journalism
Elsewhere this Tuesday:
- And you thought radiation was a problem just for nuclear plants?
- Risk-taking rises as oil rigs in Gulf drill deeper
- Ed Markey: Dangerous climate picture impossible to ignore
- How should progressives respond to the end of the Oil Age?
Elsewhere this Friday:
- Why our agricultural empire will fall
- China’s clean energy plan hinges on coal price
- Behind scenes of Gulf oil spill, acrimony and stress
- Preventing the next oil spill: Do consumers hold the key?
- Fifty years of OPEC: its achievements, failures and lapses
If you’re looking for yet more examples of BP’s slowness to grasp the sheer scale of the Deepwater Horizon disaster look no further than its chairman’s stock dealings following the explosion.
A full seven days after the accident, Carl-Henric Svanberg bought about 175,000 BP shares, according to reports in the Swedish press on Thursday. Presumably to take advantage of their fall – to £6.19 from £6.55 on April 20, the day of the explosion.
He also bought about 750,000 BP shares at £5.75 in February, a month after taking the top job at the company.
The shares have now rebounded from their crisis-lows… to, erm, £3.86.
Fortunately, according to an online biography, Mr Svanberg “was always drawn to a challenge and to doing things that seemed hard”.
So he should be really drawn to the challenge of getting BP’s share price back to pre-explosion levels.
Elsewhere this Thursday:
- From climate science to climate activism – the sequel
- As sales fall, is the hybrid car fad over?
- Electricity crisis hits Venezuelan oil exports
- Cuba looks to cooperate on offshore safety
- The key players of the Deepwater Horizon