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    The International crude oil supply is sufficient

    April 19th, 2011

    Kuwait City news: Fourth Round Table of Asian energy ministers held in Kuwait on 18, nearly 30 Asian countries and international organizations attended. At the meeting, Saudi Arabia, UAE, Kuwait and other countries of the officials have increasingly higher oil prices as "cool." Saudi Arabia's official news agency quoted the Saudi Minister of Petroleum and Mineral Resources Ali Naimi as saying: "Saudi Arabia has enough capacity to meet the needs of the international oil market, the current international oil market has been in oversupply situation Read More...

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    Posted in OPEC | Comments Off

    British oil may be reconciliation with the United States Government

    December 19th, 2010

    U.S. Government to prosecute the Gulf of Mexico oil spill, the claim at least 5.4 billion 15, the U.S. Government to prosecute a number of British Petroleum and other oil spill in the Gulf of Mexico this year, involved in the enterprise, at least 5.4 billion for civil compensation. This year in April, the British oil rented "Deep Horizon" rig burst into flames, killing 11 people, the bottom of the oil spill last several months, causing the worst in U Read More...

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    Posted in British | Comments Off

    BP spending 8 billion dollars to deal with oil spill

    September 4th, 2010

    Xinhua Houston, on Sept. 3 BP said the company's response to the Gulf of Mexico oil spill expenditure has risen to eight billion dollars. BP said in a news release that day, this figure includes the cost of leakage response, relief well drilling costs, the cost of static off method, on the Gulf Coast states of subsidies and compensation costs, which totaled 399 million dollars of compensation Read More...

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    Posted in BP, Mexico | Comments Off


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