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SUNDAY, NOVEMBER 22, 2009
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NEWS ABOUT: British Petroleum

British Petroleum stories: 3 news summaries

Minister Who Freed Lockerbie Bomber Has Bro in Oil Biz

Kenny MacAskill's brother has pitched oil business to Libya

Sep 8, 09 6:08 AM CDT
(Newser) - The Scottish government minister who freed the Lockerbie bomber has a brother who works in the oil industry and has pitched oil business to Libya, reports the Wall Street Journal. Kenny MacAskill's brother, Allan, spent 20 years at BP, which admits that it lobbied for a prisoner-transfer agreement between the... More »

MORE ABOUT:
oil • Libya • Lockerbie • oil industry • Pan Am Flight 103 • British Petroleum • Abdelbaset Ali al-Megrahi • Kenny MacAskill

BP Discovers Huge Oil Store in Gulf of Mexico

Firm drills world's deepest oil well, finds 3B barrels

Sep 2, 09 2:59 PM CDT
(Newser) - BP discovered a massive oil cache under the Gulf of Mexico after drilling the world’s deepest exploration well, Bloomberg reports. The discovery at Tiber Prospect may hold reserves equivalent to 3 billion barrels. In order to find it, BP engineers drilled to a total depth of 35,055 feet—... More »

MORE ABOUT:
Gulf of Mexico • oil field • oil drilling • oil industry • offshore drilling • British Petroleum • BP Plc

In Televised Auction of Oil Contracts, Iraq Plays Hardball

Oil ministry plays hardball on prices

Jun 30, 09 7:34 AM CDT
(Newser) - The Iraqi oil industry has been nationalized since 1972, but today the country is awarding the first contracts in decades to private petroleum companies—live on television. So far a joint bid by British Petroleum and a Chinese firm has won the first contract, for a 17 billion-barrel field in... More »

MORE ABOUT:
Iraq • oil • Iraq oil • ExxonMobil • auction • oil companies • British Petroleum

3 Stories


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