Energy Risk

Carbon regulation block unlikely to get past President

A congressional move to prevent US Environmental Protection Agency (EPA) regulation of carbon emissions is unlikely to get past President Barack Obama, but the bipartisan protest indicates legislators want extra time to formulate their own climate change…

Iran sets out mixed energy plan 2010/2011

Iran’s national budget for 2010/2011 will be less reliant on oil revenues but will still reveal "good news" on oil production of 20% enriched fuel in February this year, says Iranian president Mahmoud Ahmadinejad, in a move aimed at making the state less…

Eni, Oxy & Kogas seal Iraq deal

Three major oil and gas companies have sealed a deal with Iraq’s South Oil Company and Missan Oil Company that is set to increase production by 1 million barrels per day (bbl/d) over the next six years.

EU & Iraq pact will not boost energy supplies

Iraq will not boost the European Union’s (EU) oil, gas or power supply, or become a key supplier in the near future, say analysts, following the announcement that the two parties signed a Memorandum of Understanding designed to secure the EU’s energy…

Masdar and E.on create carbon trading venture

Abu Dhabi-based renewables company Masdar has joined forces with German utility E.on to form E.on Masdar Integrated Carbon (EMIC), a company focused on developing carbon emission reduction projects.

Sonatrach CEO probe not affecting exports

Market fears about an Algerian oil and gas export shutdown are unfounded, say analysts, following confirmation that the chief executive of state-owned energy company Sonatrach is now under judicial review.

Kupe light crude oil ready to ship

Origin Energy New Zealand has revealed that the Kupe gas project will be making the first shipment of light crude oil from Taranaki port on January 17.

Upstream deals boost oil and gas companies’ outlooks

The value of oil and gas deals announced last year increased by 10% from 2008 to $198 billion, although the total number of deals fell from 1,152 to 837, according to Ernst & Young’s third annual global oil and gas transactions review.

Moody’s: Oil will average $75 in 2010

Oil prices will average $75 per barrel (bbl) in 2010, following rising growth in global oil consumption, fuelled by buoyant demand in developing economies, led by China, says rating agency Moody’s.

Consultants’ outlook: 2010 Expert views

Energy Risk convened representatives from Ernst & Young, MRE Consulting, Sapient, The Structure Group and SunGard Consulting Services to discuss a number of topics on the outlook for 2010, including new regulation, future market developments, credit and…

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