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BP Articles
BP’s (NYSE: BP) profits fell as it continues to struggle with the Deepwater Horizon catastrophe. The incident and subsequent oil spill may cost the UK company as much as $20 billion in settlements...
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BP’s (NYSE: BP) profits fell as it continues to struggle with the Deepwater Horizon catastrophe. The incident and subsequent oil spill may cost the UK company as much as $20 billion in...
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coutesy of Exxon Mobile Corp.The world’s largest publicly held energy company, Exxon Mobil Corp. (NYSE: XOM), was not expected to post first quarter EPS that matched last year’s first quarter....
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Jon OggIt is that time of year again. It is time to ponder the theory of pricing in a summer slowdown, whether it actually happens or not. In short, is time to “Sell in May and go away?” ...
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Earth Day is April 22, 2012, which is this Sunday. Many Americans and many people elsewhere will be thinking about how they can be more green. Sadly, there are going to be many investors who are...
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The government of Iraq will prohibit Exxon Mobil Corp. (NYSE: XOM) from participating in the May auction of new leases because the US company last year signed six leases for exploration in Kurdistan...
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BP (NYSE: BP) wants a trial over the Deepwater Horizon delayed while it tries to get a settlement. (Reuters) The International Monetary Fund receives $320 billion in new funds that could be used to...
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Exxon Mobil Corp. (NYSE: XOM) and Russia’s state-controlled oil company Rosneft have revealed some details of a recent deal the two signed which could result in a total investment of $500 billion....
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An oil sheen has appeared in the Gulf of Mexico near an area where Royal Dutch Shell plc (NYSE: RDS-A) (NYSE: RDS-B) has operations. The sheen is about 1 mile wide and 10 miles long. According to...
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Last week, we noted how a deal was in the works that could bring about a start to natural gas production from Alaska’s North Slope. Leases in the Ft. Thompson area were first issued in 1977, and...
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A natural gas leak discovered last Sunday at the Elgin field in the North Sea could cost France’s Total SA (NYSE: TOT) billions of dollars in costs to plug the well and clean up the mess it will...
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Oil supermajor BP plc (NYSE: BP) has sold its southern gas assets in the North Sea to the UK’s Perenco UK Ltd for $400 million in cash. The sale is part of the company’s strategy to sell $38...
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A leaking well in the North Sea continues to hamper crude oil production from the Elgin field operated by Total SA (NYSE: TOT). The company has shut-in about 130,000 barrels/day of oil equivalent as...
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Oil supermajor Royal Dutch Shell plc (NYSE: RDS-A) announced that the company’s China subsidiary has signed a production sharing contract with China National Petroleum Corp. (CNPC), parent of...
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In an interview with the Financial Times, Vagit Alekperov, CEO of Lukoil said that Russia’s policy of retaining all its rights to offshore development of what are believed to be vast reserves of...
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