Investors may have poured their cash into the rogue’s gallery that is the new venture by Tony Hayward and “Nat King Coal” Rothschild called Vallares. As I blogged yesterday, Vallares was over-subscribed raising just over $2 billion to buy assets...
As I have often written about in the past, the oil industry is all about risk and reward. At some stage it has to lure large scale investors to bet large amounts of money that it has found large reserves...
Sixteen years ago I wrote a book called Green Backlash, that looked at the growing backlash against the environmental movement worldwide. One chapter, called "Culture Wars and Conspiracy tales", looked at the warped view of many of the conspiracies of...
Was the western intervention in Libya primarily driven by oil? The answer depends on who you ask, but as usual, in the volatile mix of international politics, oil is never far from the surface. It certainly helps the case of...
It is widely accepted that people give money to politicians to curry favour and buy influence. So there will be no surprises that there are smug smiles on the faces of the oil and coal barons this week as the...
Following on from an earlier blog this week, we know now from Tony Hayward that BP was woefully unprepared for the Deepwater oil spill. So if BP was not prepared in the warm accessable waters of the Gulf of Mexico,...
According to a report recently released by the National Institute on Money in State Politics, politicians in the Gulf of Mexico are awash in oil and gas industry contributions. Oil and gas companies, along with their owners and employees, gave...
For many in America, BP has been public enemy number one since the Deepwater disaster started on April 20th. It’s not only the disaster itself, but the way BP has handled itself before and since then that has added to...
Maybe it’s just the media, but Britain is obsessed over the strength of the so-called special relationship between the US and UK. In times of war and peace, through different Presidents and Prime Ministers, the bond is deemed to be...
First Greenpeace ran a competition to help BP redesign its logo, and now the Washington Post is running a competition for the public to suggest slogans to help BP repair its battered image. The competition is running until tomorrow noon,...
