BP Announces Giant Oil Discovery In The Gulf Of Mexico

BP finds a giant oil discovery in the gulf of Mexico.
BP has made a giant oil discovery in the Gulf of Mexico, which analysts believe could contain over 1 billion barrels of recoverable reserves, reaffirming the Gulf's strategic importance to the industry.
Category: News & Politics
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LON:BP Business Energy

BP Announces Giant Oil Discovery In The Gulf Of Mexico


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Russian Lukoil Beats Estimates , Oil price rising

Interview and discussion with the Director for Strategic Development of Lukoil, Andrei Gaidamaka. He says crude inventories fall, but still at high levels. (Bloomberg News)
Category: News & Politics
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BEL:LOIL Business Science Technology Economy Energy Oil

Oil price rally despite weak demand

Oil high despite weak demand
Aug 24, 2009
Expensive oil and a weak dollar might hinder an economic recovery.