This may be merely coincidence, but it seems unlikely.
The best performing sector on the benchmark US share index, the S&P 500, is currently energy. Of that sector, it is the oil services companies that are doing best – the ones who might have been hit heaviest had stringent new regulations hampered the way they were able to run rigs. Read more
The US oil and gas industry feels slighted by the fact that the presidential oil commission’s report raises questions about the safety of deepwater drilling generally. Read more
As we saw from Ed’s list of the main recommendations from the National Commission into the BP oil spill, they were pretty much what we were expecting from the overnight reports. But a few interesting pieces of information arose from the press conference. Read more
Here is the list of the National Commission’s main recommendations following the BP oil spill. Read more
The final report has been published, and you can find it here. You can also watch the press conference live here.
Our latest analysis can be found here. And we will be bringing you regular updates as this story unfolds. Read more
The National Commission looking into the BP oil spill will present its final report today at 3pm GMT (you can watch it live here). So what can we expect it to find? Read more
BP just can’t keep out of the news these days.
After hitting the Gulf coast with its Macondo well oil spill last year, the oil major as of Saturday was seemingly involved in another major oil-infrastructure fail — the shutdown of its Trans-Alaska pipeline system due to a leak. Read more
The report into the Gulf oil spill, a chapter of which was released last night, made for pretty grim reading for BP and the other companies involved. Read more
Shares in BP hit a 6-month high this morning after a report that Shell considered an opportunistic takeover bid for the UK oil group in the summer during the Gulf of Mexico spill. Read more
The Times is currently publishing extracts from Loren Steffy’s new book Drowning in Oil, about the BP oil spill, in addition to the extracts on Fuel Fix published earlier this month. Read more