“New price on risk” for Gulf of Mexico producers
The Macondo oil spill that has leaked 4.9 million barrels of oil into the Gulf of Mexico since April 2010 has placed “a new price on risk” for oil and gas producers in the region, according to Peter Robertson, former vice chairman of Chevron.
BP’s liability for the spill has so far amounted to $32.2 billion and wide upside and downside risk to this figure remains, according to Robertson, who was speaking on a Deloitte webcast about the long-term impacts of the disaster on the US oil and gas
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The European Leaders’ Network, sponsored by Engie, convened in London on June 29, 2026, and focused on the impact of geopolitical tension, price volatility and policy uncertainty on European energy markets.
Break down silos to manage geopolitics – risk managers
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Treat AI models as would-be hackers, says quant
Risk Live: Models capable of “strategic deception” require different risk management, says former Risk.net quant of the year
AI autonomy may redefine risk management roles
Risk Live: Machine validation of autonomous processes may emerge “relatively soon”, EIF risk chief says
Managing extreme volatility in commodities
Persistent volatility requires a rethink of technology architecture, says Murex head of market risk practice
