Saturday, January 15, 2011

Oil for Two: Giants BP, Rosneft swap stakes, join forces to share Arctic shelf

Two of the largest oil companies in the world - Russia's Rosneft and BP- are getting together for a multi-billion dollar venture. They've sealed a stock swap, and agreed to explore and extract the untapped riches of the Arctic seabed together.

B.P. Signs Massive Deal With Russian State Owned Oil Company

January 14, 2011 BBC World news : B.P. Signs Massive Deal With Russian State Owned Oil Company

Friday, January 14, 2011

Indonesia Quest For Oil

The Indonesia government is looking to boost oil production. A lack of fresh investment is blamed for dwindling oil production in the country.

OIL & GAS MARKET