Loren C. Steffy's Blog, page 53
February 29, 2012
Soylent brown: Will we soon be eating artificial meat?
It could take the term "mystery meat" to a whole new level. A researcher in the Netherlands is growing meat from stem cells that he hopes may someday upend the traditional meat-raising industries, from cattle ranching to pig farming. Mark Post has developed a method to grow stems cells taken from cattle to replicate meat. [...]
February 27, 2012
Buffett warns holdings in TXU parent could become worthless
As if we needed another sign that the TXU buyout was a flop, now even uber-investor Warren Buffett is eating crow.
What a BP settlement could look like (Updated)
Details are emerging of how BP might settlement billions of dollars in claims related to the Deepwater Horizon disaster, but new questions arise about whether a deal with the government is proving more difficult than originally thought.
February 24, 2012
As one arm of the government seeks to fine BP, another pays it $1 billion
Next week, the massive legal case against BP and other companies involved in the Deepwater Horizon disaster is set to get underway in a New Orleans courtroom. Lawyers for the government will argue that the companies should potentially pay billions for unleashing the worst offshore oil spill in U.S. history two years ago. But that [...]
February 23, 2012
See me on C-Span: the U.S.-Mexico offshore drilling pact
This morning, I appeared on C-Span's Washington Journal to discuss the pact between the U.S. and Mexico for drilling along the maritime border. I also took questions from viewers on other energy-related topics, including the Keystone XL pipeline, refining and gasoline prices.
Discussing the U.S.-Mexico offshore oil pact on C-Span
I'm scheduled to appear on C-Span's Washington Journal this morning at 8:15 Houston time. I'll be taking about the recent agreement between the U.S. and Mexico to develop offshore oilfields in the Gulf of Mexico, and we'll be taking calls from viewers.
February 22, 2012
AT&T dials up a pay cut for CEO
In a refreshing sign that boards are cracking down on runaway pay, AT&T cut its CEO's compensation by more than $2 million.
February 21, 2012
How new fracking dislosure laws stack up
New federal laws require oil companies to disclose the contents of fracking fluids, but exemptions may allow them to exclude the concentration of hazardous chemicals.
February 20, 2012
Still no final deal in mortgage settlement
The government may, finally, file the details of its $25 billion foreclosure abuse settlement this week.
February 17, 2012
Executives no longer blown away by renewable energy prospects
Wind and solar energy companies are finding it more difficult to attract top executives. As recently as four years ago, renewable energy companies were able to lure managers from Silicon Valley with the promise of tech-industry-like stock options and the chance to lead the fight against global warming. Now, as Bloomberg News points out, mounting [...]
