Carbon

Sheila McNulty

Jim Mulva, chief executive of ConocoPhillips, has been in a hurry to establish his legacy. In the beginning, it was going to be as the head of one of the world’s biggest international oil and gas companies. And he got there, boosting Conoco into 5th place, in terms of production. But then the economic downturn hit, and the weaknesses in his grow-through-acquisition strategy were exposed. Conoco was forced to slash capital spending, lay off staff and sell billions of dollars in assets.
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Sheila McNulty

Controversy about importing fuel from Canada’s vast oil sands has been swirling for some time. It is an issue environmentalists seized on with great hopes when President Barack Obama came into office, given his pledges to work to reduce the country’s carbon footprint and the fact that oil from tar sands, as environmentalits refer to the source, has a higher carbon intensity than that from traditional crude.

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Kiran Stacey

After my earlier pessimistic (at least for green campaigners and those in low-carbon energy production) post on the hopes of setting a high and stable carbon price comes a very different message in a report from The Climate Institute in Australia. Read more