The Trump administration this week proposed to open up almost all of the US offshore areas for oil and gas drilling. This decision will essentially
Tag: Gulf of Mexico
Britain’s BP Likely to Cut its Investment Budget
Britain’s oil giant BP has published its second-quarter profits revealing that they plummeted by 45 percent as the global oil oversupply had dragged revenue and
‘Black Tuesday’ April 20: Deepwater Horizon Disaster Anniversary
Yesterday, on April 20, marked the 5th anniversary of the British Petroleum (BP) Deepwater Horizon disaster – namely the explosion and subsequent fire on the