The sale is the latest in a string of bad luck for BP. In 2005, BP was found to be chiefly responsible for the largest oil spill in history. In 2009, they suffered six platform disasters and in 2010 they were hit with a $25 billion fine-the largest in...
On December 04, 2018, European stocks ended with gains as miners, oil giants rallied. The MSCI Europe index closed up 0.7 percent at 277.85 points on Wednesday as copper producers and oil majors rallied.  The pan-European index had fallen to a two-week low of 272.82 points during the session as...
The Oil And Gas Situation: The Rigs Just Keep On Coming  Oil and gas exploration is one of the main activities in the economy of the region. Exploration provides employment to many people within the region.  The number of rigs has increased significantly in recent years which means that there are...
The company, PetroChina, has been going through a difficult time recently. The company has seen its profits decrease as well as its exploration and production volume.  This drastic change is a result of the economic slowdown in China. This company has gone from earning $8.8 billion in 2016 to less...