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5Vote!

Total Third Quarter Profits Down by Half

The French oil company Total had evacuated its staff from Port Gentil, Gabon after unrest surrounding the recently held national elections. The French president has supported the results giving the leadership to Ali-Ben Bongo Ondimba. Originally uploaded by Pan-African News Wire File Photos Total Q3 profit halved, but better than expected Associated Press PARIS_Total SA, Europe's third-largest oil...

5Vote!

Pulsating diversity of views on the Washington Post Op-Ed page.

I was chastised on here a while back for daring to say that I thought The Washington Post was rather right wing, certainly by British standards. I was told this was an example of how little I understood American culture. So, I was interested today to see Glenn Greenwald pick up on some of the opinions being expressed in today's Washington Post. The Washington Post published a total of 8 Op-Eds and...

3Vote!

BP Could Start Selling Biofuels By 2010

As it stands right now, there are comparatively few places to purchase alternative fuels. As of 2005, there were approximately 168,987 gas stations in the United States; of those, just 2,200 sell E85 ethanol fuel. No major oil outlets have fully embraced biofuels, although British Petroleum has just announced that it may begin commercial production of ethanol starting in 2010. BP has partnered with...

3Vote!

Exxon Group Wins Iraq Oil Contract

Deal Would Pay Set Fee for Developing Giant Field With Royal Dutch Shell By GINA CHON BAGHDAD—The Iraqi Oil Ministry on Thursday said it has awarded a consortium led by Exxon Mobil Corp. and Royal Dutch Shell PLC the right to develop the West Qurna-1 oil field, representing the first American-led team gaining access to the country's oil patch. The pact is the latest in a series of deals Iraq...

3Vote!

AutoblogGreen for 11.06.09

LA Auto Show Design Challenge entrants reveal Youthmobile 2030 designs And you thought the Aptera looks futuristic... CAFE credits for EVs - will we repeat the E85 system? It's not a rule yet, but people are already calling shenanigans. BP prepares output of new biofuels - algae diesel and butanol - starting in 2010 Remember, it's all about the energy not the oil. Other news: Plug-in vehicles will...

3Vote!

Pulsating diversity of views on the Post Op-Ed page

"I know many readers, particularly liberals, feel we have too many conservative voices on the page. On the other hand, I hear from a lot of conservative readers who think we have too many people they consider too liberal (Dionne, Robinson, Meyerson, Marcus, et al.). We try to provide a range of views--no matter who is in power" - Fred Hiatt, Washington Post Editorial Page Editor, October...

5Vote!

Exxon Mobil-led consortium to develop major Iraqi oil field

The LA Times has a report on foreign oil majors efforts to secure contracts to develop Iraq's oil fields - Exxon Mobil-led consortium to develop major Iraqi oil field . The Iraqi government Thursday signed a deal with a consortium led by U.S. oil giant Exxon Mobil Corp. to develop a major oil field in southern Iraq, marking the first entry by an American-dominated group into Iraq's oil industry since...

7Vote!

Has BP Actually Moved Beyond Petroleum?

When BP gave itself the tagline "Beyond Petroleum" in 2000, few environmentalists took the company seriously. Just one year later, Mother Jones magazine named BP as one of the 10 worst corporations for its environmental and human rights records, and in 2006, the company faced criminal charges for spilling 270,000 gallons of crude oil in the Alaskan tundra. Even more recently, BP was nominated...

5Vote!

ExxonMobil wins $50bn contract to develop West Qurna oilfield

The American energy giant ExxonMobil today won the right to develop one of the world's most prized untapped oil reserves, in a $50bn (£30bn) deal that will entrench the company as one of the largest players in postwar Iraq. Exxon was awarded a contract to extract oil from the West Qurna reservoir near Basra in Iraq's south during an extended tender process that has seen the Iraqi government...

3Vote!

Exxon & Shell win Iraq oil contract

"The Iraqi Oil Ministry on Thursday said it has awarded a consortium led by Exxon Mobil Corp. and Royal Dutch Shell PLC the right to develop the West Qurna-1 oil field, representing the first American-led team gaining access to the country's oil patch. The pact is the latest in a series of deals Iraq has recently signed or initialed with some of the world's biggest oil companies. Earlier this...

3Vote!

BP prepares output of new biofuels - algae diesel and butanol - starting in 2010

Filed under: Ethanol BP could become the first major energy company to start commercial scale production of cellulosic ethanol in 2010 if all goes according to plan. BP has been partnering with Verenium Corporation to commercialize the latter company's process for breaking down cellulose into sugars. Verenium has been running a demonstration plant in Louisiana that can produce 1.4 million gallons...

3Vote!

Arena Trounces Exxon: Under the Radar

Shares of Arena Resources, a small oil producer in Oklahoma, are outperforming those of Exxon, Chevron and BP.

3Vote!

BP Looks to Start Ethanol, Biobutanol Production

A major oil producer is looking to get into the biofuels business. This story from Reuters says BP could start ethanol and biobutanol operations next year: BP could launch commercial production of grass-based ethanol in the United States in 2010 with partner Verenium, which already has a demonstration cellulosic ethanol facility, Philip New, Chief Executive of BP [...]

3Vote!

Rumaila deal key to CNPC goals

China National Petroleum Corp (CNPC) and British oil major BP on Tuesday signed a technical service contract with Iraq's state-owned South Oil Company to expand production from the Rumaila oilfield, the country's first major oil deal since the US invasion in 2003. The deal is the biggest investment by CNPC in Iraq and offers the domestic oil major an unprecedented opportunity to enter the oil rich...

3Vote!

Iraq deal develops largest oil field

BAGHDAD | Iraq on Tuesday closed a deal with a British-Chinese consortium to develop its biggest oil field, marking a milestone moment in the OPEC nation's effort to lure foreign investors in order to revamp its battered oil sector. The 20-year contract, signed by Iraqi Oil Minister Hussain al-Shahristani and executives from British oil giant BP PLC and China's CNPC, gives the two companies development...