Energy, Mining & Utilities

Published by
Washington Post
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Ever careful of its public image, BP has been careful not to invoke its name in regard to the massive ongoing oil spill in the Gulf of Mexico. "We refer to it as Gulf of Mexico response," said Andrew Gowers, the company's spokesman. The name of a disaster can be critical, both as a historic matter and the more immediate matters of image, public relations and legal liability. Read More
Published by
New York Times
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The Obama administration began Friday to publicly chastise BP America for its handling of the spreading oil gusher in the Gulf of Mexico. Officials initially seemed to underestimate the threat of a leak, just as BP did last year when it told the government such an event was highly unlikely. Read More
Published by
Wall Street Journal
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The Federal Bureau of Investigation is conducting a criminal probe of the deadly explosion at a Massey Energy Co. mine in West Virginia in early April that killed 29 miners, according to people familiar with the matter. In a statement on Friday Massey Energy said, "Massey has no knowledge of criminal wrongdoing." Read More
Published by
Inter Press Service (IPS)
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When shareholders of the multinational company Chevron gather for their annual meeting in the U.S. city of Houston in late May, they will come face to face with Naing Htoo, whose community has suffered due to the exploits of the energy giant in military-ruled Burma. Read More
Published by
New York Times
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BP says that the offshore drilling accident that is spewing thousands of barrels of oil a day into the Gulf of Mexico could cost the company several hundred million dollars. Nobody really knows whether the oil giant is being too conservative about the cost for the April 20 accident, which some experts say could end up as the biggest oil spill in history. Read More
Published by
Financial Times
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A pioneering initiative aimed at cleaning up the oil and mining industries has ejected Equatorial Guinea from its ranks. The board of the Extractive Industries Transparency Initiative, a voluntary coalition of companies, governments, donors and civil society groups, had been under pressure from activists on granting extensions to 17 states that had missed a deadline to have audits of their industries independently verified. Read More
Published by
New York Times
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Rescue workers began the precarious task Tuesday of removing explosive methane gas from the coal mine where at least 25 miners died the day before. The mine owner's -- Massey Energy Company -- dismal safety record, along with several recent evacuations of the mine, left federal officials and miners suggesting that Monday's explosion might have been preventable. Read More
Published by
The Guardian (UK)
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Canada, faced with growing political pressure over the extraction of oil from its highly polluting tar sands, has begun courting China and other Asian countries to exploit the resource. The move comes as US firms are turning away from tar sands because of its heavy carbon footprint and damage to the landscape. Read More
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