Oil slides below $33 a barrel to levels not seen in more than a decade, as a tumble in Chinese equities rattles investors already concerned by near-record production and massive stockpiles of unwanted crude. David Pollard reports. Continue reading
BP is using molecular science to create new fuels and lubricants to reduce engine friction that in turn leads to CO2 increases. Matthew Stock reports. Continue reading
“We are thrilled with the settlement,” Florida Attorney General Pam Bondi says of the agreement with BP that addressed claims from the U.S. government and the states of Alabama, Florida, Louisiana, Mississippi and Texas.
A small British oil producer says it has discovered a possible world class oil resource south of London.