Iranian oil refinery and Iran’s Kharg catch on fire
Iranian officials still not explain the cause for the Kharg caught fire even though the investigation had started.
BP cut debt to $35 billion a year ahead
Disposals and oil price increase got BP’s debt load from $38.9 billion down to $35 billion in three months, CEO Bernard Looney is reporting on figures and share buybacks on April 27.
The Future of Oil Industry – Will It Always Be the Most Used Source?
When will we stop using fossil fuels for good? Many people predict that the coal and oil industry will collapse under pressure from renewable energy and new environmental awareness. However, in the very short term it seems that things will…
