Tag: oil producer

Why the thanks? Because of this: BP PLC, Europe’s second biggest oil producer, reported a 63 percent surge in first quarter net profit on Monday after crude oil prices soared to an all-time high and natural gas prices also rose. Isn’t it nice to know your family is starving so the oil companies can get […]

Via the BBC:   Chavez makes US oil export threat BBC Oil exports to the US could stop amid growing tensions between the two countries, Venezuelan President Hugo Chavez has said. He described recent US government actions as “aggressive” in a speech at a youth festival in Caracas. As a result, Venezuelan oil “instead of […]