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Posts tagged: oil

Mid East clashes see oil price rise

By Press Association, Nov 19, 2012

The price of oil rose to nearly 88 US dollars a barrel (£55.30) in Asia as the conflict between Israel and Hamas showed no signs of abating
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BP 'to pay billions for Gulf spill'

By Press Association, Nov 15, 2012

Oil giant BP has agreed to pay a criminal penalty amounting to billions of dollars for the 2010 oil spill in the Gulf of Mexico off the US coast
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US to overtake Saudi Arabia in oil production

By Adrian Holliday, Nov 14, 2012

The US could be the world’s top producer of oil inside a decade claims a new report from the International Energy Agency. But there are substantial risks along the way.
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Shell profits slip in tough market

By Press Association, Nov 02, 2012

Royal Dutch Shell has weathered a 15% drop in profits after a better-than-expected performance in the face of "volatile" energy markets
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167 new North Sea licences offered

By Press Association, Oct 25, 2012

More than 160 new oil and gas production licences have been offered to companies seeking to explore the North Sea
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Is China oil trade move a real threat to the US?

By Elliot Lane, Oct 03, 2012

Something momentous happened within the global economy on the 6 September this year, but no-one seems to have noticed
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Heating oil customers must buy fast

By Sarah Coles, Sep 27, 2012

Consumer Focus is warning that heating oil prices are set to spike soon, so customers need to buy fast
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Saudi oil to run dry by 2030?

By Adrian Holliday, Sep 12, 2012

Oil consumption per capita in Saudi Arabia is now the highest in the world. Could its thirst for its own black gold mean it runs out rather sooner than some think?
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