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Olduvai III: Catacylsm
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Bitter economic winds hasten oil industry’s retreat from the North Sea

Bitter economic winds hasten oil industry’s retreat from the North Sea Shell’s decision to begin dismantling operations in the famous Brent field is a striking example of the global impact of falling oil prices For one oil industry veteran, the dismantling of the Brent oil field in the North Sea prompts mixed feelings. There is […]

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BP makes $1bn loss as oil prices slump

BP makes $1bn loss as oil prices slump Company faces losses, share-price fall and more fines over Deeepwater Horizon spill with underlying profits likely to take a hit BP has crashed to a $1bn loss in the final quarter of the year as low oil prices and more writedowns hammered its results. Its chief executive, Bob […]

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The Cartel: How BP Got Insider Tips Through a Secret Chat Room – Bloomberg

The Cartel: How BP Got Insider Tips Through a Secret Chat Room – Bloomberg. Halfway down a muddy, secluded road on marshland in suburban Essex sits Wharf Pool, a lake stocked with some of the biggest freshwater fish you will ever see. A white sign with red lettering reads: “Private Syndicate: Strictly Members Only.” A metal […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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