Latest news
Oil prices move towards $82 per barrel
Oil prices are rising fast on hurricanes threatening to enter the Gulf of Mexico and the falling US crude oil inventories.
read more... 04/08/2010
Massive sale of European refineries
Several European oil and chemical companies stated to be ready to sell their domestic refineries.
read more... 30/07/2010
$256 million paid by BP to claimants who have lost profit due to oil spill
BP paid up till now $256 million for claims on the profit loss due to the oil spill in the Gulf of Mexico, payments that started to be made on May 3rd. The
read more... 30/07/2010
Oil prices cannot break through $80 barrier
The oil prices failed to break the $80 mark resistance. After a short rally last sessions, the crude barrel ended with gains up to $79, after the release of new economical data
read more... 28/07/2010
BP sells North American assets
BP initiated a massive sale of its assets in Canada, USA, and Egypt, to the rival company Apache.
read more... 22/07/2010