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Page added on December 1, 2010

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The top 10 survey: what were the biggest oil stories of 2010?

General Ideas

Platts’ annual survey of the Top 10 Energy Stories of 2010 is now open and will remain open until Christmas:

The top 10 survey: what were the biggest oil stories of 2010?

They listed about 40 stories; I pulled out a list below that I think is worth debating on inclusion in the Top 10.

  • BP Macondo well blows out, rig collapses, 11 men killed, flows for three months
  • Drilling off US Atlantic Coast moves forward before Macondo
  • World demand on steady upward rise, bigger jump seen in ‘11
  • BP sets huge asset sales, sets up fund to deal with spill claims
  • Peak oil prophet Matt Simmons dies
  • Bakken production grows, producers turn to rail to move oil to market
  • IEA sees 50 million b/d petroleum supply gap by 2035
  • Obama administration slaps on drilling moratorium in wake of Macondo, lifts it in October
  • Prices break through $80 by end of year, but tight trading range rest of 2010
  • US allows E15 in newer cars, but not in older ones
  • French port strikes shut down refineries
  • Some rigs begin to exit Gulf in wake of moratorium
  • Uganda’s oil prospects look bright; Tullow to explore, but deal not done
  • India significantly increases petroleum import taxes
  • Refiners come up short in effort to overturn California GHG law
  • Colombia’s crude output increases significantly
  • Shallow water permitting slows to crawl after Macondo; Gulf of Mexico lease sale unlikely until 2012
    Russian crude output continues to climb


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