Great article in the New York Times about the malaise of Washington’s over sight of the oil industry and how it has taken a retired federal auditor to expose the comfy collusion between the industry and its regulators. For years Bobby Maxwell scrutinized the books of major oil producers that pumped billions of dollars worth … Read More
Day: December 5, 2006
China’s Booming Carbon Market
The Chinese economy is booming in more ways than one. Not only is it buying up huge reserves of oil and gas, but it is also benefiting from the booming global greenhouse gas market. Rather than spending more money to clean up their factories at home, foreign investors are flocking to China to pay energy … Read More
Big Oil Hires At Speed
Big Oil, it seems, has a recruitment problem. Thousands of engineering vacancies remain unfilled. The shortage of engineers has been caused by a convergence of factors, including an upsurge in offshore exploration by cash-rich Big Oil and the ongoing reconstruction of the Gulf’s energy infrastructure damaged by hurricanes Katrina and Rita in 2005.