MELBOURNE, July 25- London copper edged higher on Monday as the metal was supported by the prospect of a protracted period of looser global central bank policy, but expectations for more supply kept a lid on prices. In the very near term, with markets struggling to find direction, a softer close on Friday left prices open to a deeper correction on profit-taking, a... » Read More
In the "I'd never believe it if I didn't see it with my own eyes" category, BP once released a board game called "Offshore Oil Strike".
These two European companies have very unique perspectives on the challenges and opportunities that the world faces today.
BP's massive oil spill will become the largest ever in the Gulf of Mexico by Thursday based on the highest of the federal government's estimates, an ominous record that underscores the oil giant's dire need to halt the gusher.
Why the big money name thinks construction of the "relief" well is ahead of schedule.
The massive oil spill in the Gulf of Mexico has sparked more talk of a move to clean energy, and billionaire energy investor Boone Pickens, founder of BP Capital Management, is among those calling for action.
More than two months after the Deepwater Horizon sank, it is now clear the energy industry doesn't know exactly how to stop a blowout in deepwater or how to clean up a massive spill.
Despite all the skimmers and sweepers, most of the oil leaking into the Gulf of Mexico sinks to the bottom or washes up on the shore and then sinks down in shallow layers below the sand, profoundly restructuring the ecosystem. The change cannot be undone in a lifetime.
The company is making a serious mistake by being so secretive about the true nature of it capital needs.
How much do you know about the oil industry and the different types of oil out there? Take this quiz and find out.
Some of BP’s other trading partners, or counterparties, are asking for letters of credit from banks to guarantee that BP will make good on future trading debts, says one of the people familiar with the matter.
Gander Mountain charged that on co-branded cards—these are cards that can be used anywhere as a Gander Mountain Master Card—ADS won’t give credit to Gander Mountain customers with FICO scores above 800.
More than two thirds of major corporations globally plan to spend up to 5 percent of their revenues on carbon cutting initiatives over the next two years.
While oil companies have spent billions of dollars to drill deeper and farther out to sea, relatively little money and research have gone into finding new, improved ways to respond to oil spills in deepsea conditions like those in the Gulf of Mexico.
Cramer breaks down the biggest indicators of the markets that will unfold in the days to come.
Watch how the dumb money invests so you can make smart decisions, says Gary Kaminsky of CNBC's "The Strategy Session."
With US/UK relations under strain because of the BP oil spill in the Gulf of Mexico, a group of Brits intends to try and give a helping hand.
It soon became clear that the “risk factors” section of the documents, in which BP would lay out the perceived risks to its bondholders, was too delicate an explanation to rush, says one of the people familiar with the matter, and the company realized it would likely need at least another week to finish the prospectus.
Red Lobster will soon take oysters off its menu, after its supplier was forced to shut down due to oil spill in the Gulf.
The oil spill in the Gulf of Mexico underscores why our nation needs to focus more on renewable and cleaner sources of energy said, NextEra Energy Chairman and CEO Lew Hay.
What if Deepwater Horizon was a nuclear plant?