BP CEO Sees No Hope of $100 Oil for ‘Long Time’ Amid Glut
BP Plc boss Bob Dudley is very bearish on the price of oil. He says this feels the same as 1986, when oil slumped from $30 a barrel to $10 and didn’t recover
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BP Plc boss Bob Dudley is very bearish on the price of oil. He says this feels the same as 1986, when oil slumped from $30 a barrel to $10 and didn’t recover
The biggest U.S. oil workers strike since 1980 will probably prolong time needed to make repairs after mechanical breakdowns, even as most refineries continue
Japan is sitting out the whaling season after a setback at the International Court of Justice last
Exxon Mobil Corp. reported a steep drop in fourth-quarter profit on lower prices and declining production as the rout in oil ushered in an era of frugality for
There are plenty available as some of the industry’s largest names try to sell aging, costly wells that have become even less profitable with the plunge in
Chevron Corp. halted share buybacks, slowed work on new projects and announced the biggest spending cut in more than a decade as oil explorers around the world
Royal Dutch Shell Plc will cut $15 billion of spending over the next three years as the crash in oil prices saw fourth-quarter profit miss
Japan Marine United Corp., Japan’s No. 2 shipbuilder, said demand for offshore supply and support vessels has stalled after crude oil plunged to a six-year
By Daniel Lawton and Margaret Cronin Fisk (Bloomberg) — BP Plc “conducted an extraordinarily effective response” to the 2010 Gulf of Mexico spill,
The U.S. Interior Department will lay a framework as soon as Tuesday for oil exploration in the nation’s coastal waters in a five-year plan that is expected
HSH Nordbank AG, the world’s largest financier of ships, is stepping up efforts to unload billions in bad debt racked up during a seven-year glut in the
When Mexico seized oil contractor Oceanografia SA a year ago over loan-fraud allegations, at least one class of creditors took solace: those with claims to
Indonesia’s liquefied natural gas exports may drop by a quarter this year as domestic demand rises and the country allows several contracts with overseas
Iron ore declined to the lowest level in more than five years amid speculation that mills in China will reduce steel output in the runup to a holiday next
Eni SpA can do well with oil at $65 to $70 a barrel, Chief Executive Officer Claudio Descalzi
Oil traded below $47 a barrel as forecasts for rising U.S. crude stockpiles bolstered speculation that a global glut that spurred a price collapse may
U.K. Chancellor of the Exchequer George Osborne said he’s likely to announce further steps to help Scotland’s North Sea oil and gas
Shanghai retained its title as the world’s busiest container port for a fifth consecutive year after widening the gap with its closest rival
Hapag-Lloyd AG, Germany’s biggest container shipping line, will be an attractive investment once results improve and costs are reduced, Chief Executive
Top policy makers in western Europe’s biggest oil producer underscored their commitment to providing stimulus should the economy need
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