BP is preparing to announce a major deal with Rosneft, the state-owned Russian energy giant, according to a report from the BBC.
The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE), the federal agency, which oversees U.S. offshore drilling, has allowed Shell Offshore Inc. and 12 other oil and gas companies to resume deepwater drilling operations in the Gulf of Mexico without the need to submit revised exploration or development plans for supplemental National Environmental Policy Act (NEPA) reviews.
Some 31 million U.S. television viewers tuned in to see President Barack Obama lead a memorial tribute to victims of the deadly shooting rampage in Tucson, Arizona, according to TV ratings provider Nielsen.
Google has refreshed its Translate for Android with few interesting changes to help the users.
The new show, 'Off the Map', even though an amalgamation of other medical dramas like 'Private Practice', 'Grey's Anatomy' and 'ER', will have a different setting - the jungles of South Americas - hence making the drama more outdoorsy
Kohlberg Kravis Roberts & Co is potentially interested in Sara Lee and could possibly partner with an interested party as bidders emerge for the food group, two sources familiar with the situation said on Wednesday.
Livestock put a lot of stress on the environment through greenhouse gas emissions. A group of Dutch scientists has asked whether insects might replace cattle as food and cut the environmental impact.
Even before it launches the first passenger cars under its own brand at home, China's BAIC has set its sights on expansion overseas.
Remarks by Agriculture Secretary Tom Vilsack to the American Farm Bureau on January 10, 2011.
BP Plc, which is tormented by the Gulf of Mexico oil spill, has witnessed a positive development last week when Presidential Commission did not find BP solely responsible for the oil spill.
A group of private equity firms including Apollo Global Management
is interested in a buyout of food and beverage company Sara Lee Corp , and has made an approach to the company, a source familiar with the situation said on Sunday.
India's will overtake the U.S. in forty years in terms of GDP at purchasing power parities (PPP) while China will sail past its financial and political rival as early as 2018, a PricewaterhouseCoopers (PWC) report said on Friday.
Better management of oil industry-related companies BP, Halliburton and Transocean could have almost certainly prevented an underwater oil rig blowout last year that led to the largest ever U.S. oil spill, a presidential panel concluded in its final report.
Shares of Halliburton Co. (HAL) and Anadarko Petroleum Corp. (APC) are dropping this morning after a report by a presidential commission into the Gulf of Mexico oil spill from last year spread the blame to various parties, not only BP plc (NYSE: BP).
Former Shell Oil CEO John Hofmeister's prediction a fortnight ago that retail gasoline prices would hit $5 per gallon by 2015 has gone viral since then, drawing attention largely on the U.S. drilling policies but also spooking consumers and polarizing analysts in the process.
Mazda North American Operations (MNAO) today reported December 2010 sales of 21,479, up 17.7 percent versus December 2009 while year-to-date 2010 sales came in at 229,566, up 10.5 percent versus 2009. There were 27 selling days in December 2010 compared to 28 in December 2009, and 308 selling days in 2010 compared to 310 in 2009.
Shares of BP plc (NYSE: BP) have leapt today partially on a report in the UK newspaper Daily Mail that Royal Dutch Shell (NYSE: RDS.A) may be interested in merging the two global oil giants.
The number of people looking for health information online is set to soar as workers return from holiday breaks, but few will check where the information comes from, according to an international survey on Tuesday.
Top energy research and analysis firm Platts has said the U.S. regulatory framework overseeing energy sector investments could undergo fast-paced changes in 2011.
The U.S. real estate market is improving, at least for foreign investment dollars, according to the Association for Foreign Investment in Real Estate, or AFIRE.
South Africa is about to join the Brazil, Russia, India and China (BRIC) grouping and will attend the first summit of the leading emerging economies in April this year, but doubts remain over the suitability of the African nation to be in the exclusive club of the fast-growing economies.
South Korea, among other countries, would be a better candidate than South Africa to join the BRIC group of prominent emerging market nations, said Jim O’Neill, chairman of Goldman Sachs Asset Management, and the man who first coined the “BRIC” term.