by | Oct 25, 2010 | Towing
BP (BP) will sell four deep-water oil and gas fields in the Gulf of Mexico for $650 million.
The company will sell the fields to Marubeni Oil and Gas, a unit of Japan’s Marubeni Corp., The Wall Street Journal said. The deal could be completed by early 2011.
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The oil giant’s net production from these fields is about 15,000 barrels of oil equivalent a day. The fields “did not fit well…
Continue reading BP to Sell Four Oil Fields in Gulf of Mexico for $650 Million
BP to Sell Four Oil Fields in Gulf of Mexico for $650 Million originally appeared on DailyFinance on Mon, 25 Oct 2010 07:26:00.
Filed Under: Energy, Company News, Green, BP
by | Oct 25, 2010 | Towing
Prices at the pump got a little more painful over the past two weeks as crude oil continues to rise. Oil has risen as a weak economy and expectations of further action by the Federal Reserve drive the dollar down.
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by | Oct 24, 2010 | Towing
Fueling up your car at a church seems like a novel idea. But the emergence of an electric car market has resulted in a charging station at the Wooden Cross Lutheran church some 25 miles northeast of Seattle.
C…
by | Oct 19, 2010 | Towing
As rapid economic growth and a population boom take place in the developing world, oil will play an increasingly vital role, no matter what its drawbacks. That puts the likes of Schlumberger, Weatherford and Baker Hughes in a s…
by | Oct 19, 2010 | Towing
BP (BP) will award its fourth-quarter bonuses based entirely on performance on safety-related issues.
CEO Bob Dudley told employees on Monday that the bonus policy is meant to emphasize that safety is the company’s top priority, The Associated Press reported.
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The policy will help ensure that “a low-probability, high-impact incident such as the Deepwater Horizon tragedy never…
Continue reading BP to Award Bonuses Based on Safety Perfomance
BP to Award Bonuses Based on Safety Perfomance originally appeared on DailyFinance on Tue, 19 Oct 2010 07:46:00.
Filed Under: Energy, Company News, Technology, People, Green, BP
