Latest news
BP will restart drilling in the Gulf of Mexico
BP asked U.S. regulators to give the company permission to resume drilling in the Gulf of Mexico, as early as July, less than 15 months after an accident that killed 11 workers and led to the release of more than 4.9 million barrels of oil from BP's well into the Gulf of Mexico.
read more... 04/04/2011
The U.S administration approves the first deepwater drilling permit since BP oil spill
The U.S. administration declared on Monday that it has authorized the new deepwater oil drilling permit in US waters of the Gulf of Mexico.
read more... 03/03/2011
BP to buy a $7.2 billion stake in India’s Reliance Industries
The British oil giant BP declared on Monday that it is interested in buying a stake in oil and gas blocks into India’s Reliance Industries. The total amount of the transaction is estimated to around $7.2 billion and with this acquisition BP hopes to gain a significant position in the Asian country after the Gulf of Mexico oil spill.
read more... 22/02/2011
U.K. to intensify the number of oil and gas inspections in the North Sea
The U.K. government said Tuesday it will further enhance the number of inspections of oil and gas rigs operating in the North Sea as a consequence of the oil leak from the Gulf of Mexico.
read more... 12/01/2011
U.S. permits block the exploration of the Gulf of Mexico.
After the BP crisis in the Gulf of Mexico, U.S. authorities have been more restrictive in giving permits that allow companies such as Shell to make further drillings.
read more... 03/12/2010