Oil and gold fall and the dollar strengthens as war breaks out in the Caucasus and inflationary expectations are dampened based on continuing weakness in the global economy. Mining shares are faring even worse. RI talks to two experts to gain some valuable insight, perspective and an eye on opportunities.
BP is extending its reach into second generation biofuels, today announcing a strategic partnership with Verenium to jointly develop and commercialize cellulosic ethanol technology and production platforms.
Moving early and fast into unconventional U.S. shale gas plays is paying big dividends for Chesapeake Energy Corp. and its shareholders. Management last week announced a $1.75 billion asset sale with BP, part of a shift in management's strategic plans.
One of the bedrocks of the peak oil theory is that equity markets will fall while energy stays relatively stable and high. Although it is early on in the debt crunch volatility, could that be happening now?
BP, Rio Tinto, American Electric Power and others are putting their substantial resources behind the push to develop and make use of carbon capture and storage, as well as technologies that convert coal and other fossil fuels to cleaner, "decarbonised" alternatives.