BP


REPORT: BP finds big oil in Gulf of Mexico

Even during the recession, oil is hovering at around $70 per barrel. There are many reasons for elevated oil prices, such as emerging markets demanding more crude and market speculators. Perhaps the biggest reason of all, however, is that oil is just harder to come by, as all the obvious spots have already been drilled. So when a massive oil reserve is uncovered, it's big news. British Petroleum has made just such a find, as it has reportedly discovered between three and six billion barrels of crude oil and natural gas in the Gulf of Mexico ... Read more →

100 years ago today, Middle East oil discovered Chris Tutor

For seven years, William D'Arcy drilled well after well in Persia, now known as Iran, looking for oil. With his funding running low, and his employers getting quite impatient, D'Arcy drilled one last ...

BP's Helios House: Greener than the fuel it sells John Neff

Last Friday the covers were pulled off of a brand new gas station on the corner of Olympic and Robertson in L.A. Dubbed the Helios House by BP, the Frank Gehry-inspired structure is what the ...

BP may have Prudhoe Bay pumping by late September John Neff

The largest oil field in the U.S. in Prudhoe Bay, Alaska hasn't shipped a drop of oil since earlier this month when BP discovered severe corrosion inside some pipelines servicing the facility. ...

BP announces $500 million biofuels research center Stuart Waterman

BP plans to make a major investment in alternative energy sources, funding "radical research" at a new bioscience energy research lab. Outlining a ten-year program costing $500 million, BP chief ...

UK gasoline could go over £1 per liter 3 years ago on Autoblog

A quick thrash of the calculator shows that £1 per liter works out to a sky-high $6.88 per U.S. gallon. This prediction comes from someone who knows whereof he speaks - Lord Browne, CEO of British Petroleum (pictured at right). In an interview with the BBC, Lord Browne said that prices could ...

BP launches $16-a-gallon fuel! 3 years ago on Autoblog

In what must be one of the most ill-timed product launches in history, British Petroleum has chosen a time of record pump prices to launch a new brand of ultra-premium fuel that retails for nearly $20 a gallon in the U.K. (that's about $16.32 per U.S. gallon). BP's new Ultimate 102 boasts an octane ...






Autoblog Podcast #156: Paukert comes back for more! 

Chris, Dan, and Editor Paukert chat and give each other grief. Merriment ensues.

 
 

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