BP plc’s positive earnings in the first three months of 2010 were smothered last week by the company’s involvement in the Gulf of Mexico (GOM) oil spill, which threatens to cut into the oil major’s future operational performance for months to come and diminish its reputation for even longer.
Mexico
Articles from Mexico
Industry Faces Scrutiny; Scramble to Staunch Leak Continues
While as much as 5,000 b/d of oil leaks into the Gulf of Mexico (GOM), the Obama administration on Thursday did not rule out suspending new deepwater drilling activity while the offshore oil industry garners heightened scrutiny by lawmakers.
GOM Rig Disaster Sparks House Inquiry
The risk management and emergency response plans of BP America and Transocean Ltd. for accidental oil and gas releases have garnered lawmaker scrutiny as a Gulf of Mexico (GOM) oil slick grows following an apparent well blowout last week.
GOM Rig Disaster Sparks House Inquiry
The risk management and emergency response plans of BP America and Transocean Ltd. for accidental oil and gas releases have garnered lawmaker scrutiny as a Gulf of Mexico (GOM) oil slick grows following an apparent well blowout last week.
U.S. GOM Rig Count Shows Big Gains
The rig count in the U.S. Gulf of Mexico (GOM) climbed 25% in the first three months from a year ago, led by drillers looking for oil, FBR Capital Markets analysts said Friday.
U.S. GOM Rig Count Shows Big Gains
The rig count in the U.S. Gulf of Mexico (GOM) climbed 25% in the first three months from a year ago, led by drillers looking for oil, FBR Capital Markets analysts said Friday. Gas drilling offshore has been “muted,” the team said.
U.S. GOM Rig Count Shows Big Gains
The rig count in the U.S. Gulf of Mexico (GOM) climbed 25% in the first three months from a year ago, led by drillers looking for oil, FBR Capital Markets analysts said Friday.
Apache to Expand North American Development in 2010
Apache Corp. is off to “fast start” in 2010 with eight consecutive successful wells in the Gulf of Mexico and plans in place to begin developing some of its big prospects onshore in North America, CEO G. Steven Farris said Thursday.
Apache Off to ‘Fast Start’ in 2010
Apache Corp. is off to “fast start” in 2010 with eight consecutive successful wells in the Gulf of Mexico, CEO G. Steven Farris said Thursday.
Apache Off to ‘Fast Start’ in 2010
Apache Corp. is off to “fast start” in 2010 with eight consecutive successful wells in the Gulf of Mexico, CEO G. Steven Farris said Thursday.