Tagged: Lord Browne

Riverstone runs dry

Yesterday Cuadrilla’s parent, AJ Lucas announced that it had “approved the acquisition, effective immediately, of Riverstone’s interest in the UK shale gas explorer, Cuadrilla Resources.” What does this mean? Well Riverstone had owned 45% of Cuadrilla and had invested $US 58 Million in 2010 for equity in Cuadrilla Resources Holding...

A Damascene conversion for Lord Browne of Madingley?

A Damascene conversion for Lord Browne of Madingley?

This morning on Radio 4’s  “Today” programme we were treated to a rare pleasure. I would really like to say that is was listening to some sort of Damascene conversion on the part of the interviewee, but it was more like listening to the soundtrack of a rat, sitting on...