David Strahan, the author of The Last Oil Shock, yesterday raised the old chestnut of a BP- Shell merger that periodically does the rounds. “BP and Shell are finally set to merge. That’s if you believe the tittle-tattle in the Square Mile”, he wrote.
Strahan wrote about how, although it a joined up BP – Shell […]

Well it was on the cards that with a change in leadership came a change in direction. Tony Hayward, chief executive of BP, is planning a cultural shift at BP by playing down Lord Browne’s emphasis on the environment and refocus BP on profit.
Mr Hayward and other directors have discussed the corporate mantra “Beyond Petroleum”, […]

Although retail giant, Wal-Mart has reclaimed the top spot on the latest Fortune Global 500 list from Exxon, Big Oil dominates the top ten.
Exxon is number two on the list, Shell is at three, BP at four, Chevron is number seven, ConocoPhillips is number nine and Total is number ten. Also in the top ten […]

The Fourth of July was cool and rainy in Vermont, as it seems to be with surprising regularity. I suppose that’s why my town sets off its fireworks on the evening of July 3rd, which was perfect for pyrotechnics this year.

The US Senate passed a broad energy bill late yesterday that will require the first big increase in fuel mileage requirements for passenger cars in American in more than two decades.
The vote, 65 to 27, was a major defeat for car manufacturers, which had fought for a much smaller increase in fuel economy standards and […]