BP predicts 'new oil era' for Caspian (British Petroleum Company PLC's exploration in the Caspian Sea)

Article Abstract:

British Petroleum Company PLC has announced plans for oil exploration in the Caspian Sea. British Petroleum would spend $12 billion for oil and gas exploration and construction in Azerbaijan.

Capital expenditures, Natural gas, Petroleum, Discovery and exploration, Natural resources, Caspian Sea, Azerbaijan

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Oil price surges as BP shuts off big Alaskan field

Article Abstract:

British Petroleum Company PLC of the United Kingdom has shut down it's Prudhoe Bay Alaskan oil field as it repairs 22 miles of pipes that were leaking. The move decreased United States crude oil production by eight percent and sent the price of oil through the roof.

United States, Forecasts, trends, outlooks, Alaska, Economic aspects, Industry forecasts, Company overview, Industry overview

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Apache sees profit in discards: petroleum firm squeezes output from fields missed, left by rivals

Article Abstract:

Apache Corp.'s strategy of obtaining the last remains of oil and gas fields abandoned by other firms has doubled the company's net earnings since 2003. Its methods and processes may become increasingly important as petroleum supplies tighten.

Sales, profits & dividends, Natural gas liquids, Oil & Gas Extraction, Oil and Gas Extraction, Company sales and earnings, Company earnings/profit, Apache Corp., APA

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