Articles Tagged "BP"

Russia’s Rosneft Makes Major Oil Deal with BP

Oil – The CEO of Rosneft (LSE:ROSN) may be under sanctions, but that hasn't stopped BP (NYSE:BP) from making a major oil supply deal with the Russia based company, Reuters reported today. Rosneft stands to receive about $1.5 billion in pre-payments from the deal, which follows a previous shale exploration deal between the two companies, according to Reuters.

Coal Use at Highest Level Since 1970

Coal – Writing for Oilprice.com, Nick Cunningham pointed out that the amount of coal burned in 2013 was enough to meet 30.1 percent of the world's energy demand, the highest percentage in over 40 years. The author cited statistics from BP's (NYSE:BP) Statistical Review of World Energy.

Byron King: Forget OPEC. North American Energy Plays Bring Profits Home

Oil – Looking for profits in the oil and natural gas space? Look no further than shale plays, energy service companies and offshore oil drilling opportunities in the U.S., says Byron King of Agora Financial LLC. In this interview with The Energy Report, King discusses how dwindling exports to the U.S. from Latin America, Africa and the Middle East are shifting the supply and demand equation across the world. King also names companies in the service space with solid prospects for investors.

The AIM in London was up 1.92 points May 17.