BP shareholders need protecting from David Cameron

http://www.ft.com/cms/s/0/2c803100-ecc2-11e4-b82f-00144feab7de.html#ixzz3YW3sP9Dw LOMBARD April 27, 2015 11:39 am BP shareholders need protecting from David Cameron Jonathan Guthrie/FT ©Reuters Call that a national champion? BP is a curious business to receive such a flattering title, via government protection from takeover. Its standout achievements in recent years have been dumping 200m barrels of oil in the Gulf of Mexico and allying itself... Continue Reading →

Oil E&Ps: spring sales

Δημοσιεύθηκε: 27 Απριλίου 2015 - 11:29 Oil E&Ps: spring sales Sometimes low prices do not attract shoppers. A catalyst is needed: clever marketing, word of mouth, something to give buyers confidence. For energy companies, it may a price increase - in the commodity, if not the companies themselves. Oil is up 39 per cent since January.... Continue Reading →

UK government warns BP over potential takeover

http://www.ft.com/cms/s/0/06a3207e-e901-11e4-87fe-00144feab7de.html#ixzz3YRMJcvFy April 26, 2015 5:45 pm UK government warns BP over potential takeover George Parker and Christopher Adams/FT ©Reuters The British government has told BP it would oppose any potential takeover of the company, which was seriously weakened by the huge bill incurred after the Gulf of Mexico Deepwater Horizon disaster five years ago. Amid wider consolidation... Continue Reading →

The US shale revolution

April 24, 2015 11:50 am The US shale revolution Ed Crooks/FT How it changed the world (and why nothing will ever be the same again) Last summer, Juan Ramos had four jobs; now he has none. A year ago, feeling frustrated and underpaid working in health insurance in Florida, he was stirred by stories of... Continue Reading →

Petrobras Looks Fully Priced

Petrobras Looks Fully Priced The hobbled Brazilian oil giant’s stock accurately reflects some good news and the substantial risks it still faces. By DIMITRA DEFOTIS / Barron's April 25, 2015 12:03 a.m. ET Bad news has become good news for Brazil’s Petrobras. Otherwise known as Petróleo Brasileiro (ticker: PBR), the state-controlled oil producer and refiner has... Continue Reading →

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