oil producer

Indian oil firm to buy Imperial

BBC Finance  Tue, 08/26/2008 - 10:18am

India's biggest oil producer, ONGC, agrees to buy Imperial Energy for $2.6bn, but may face a bid battle.



 

UN chief sees Saudis move on oil

BBC Finance  Sun, 06/15/2008 - 9:13am

UN head Ban Ki-moon says major oil producer Saudi Arabia sees current prices as 'abnormally high' and may act to bring them down.



 

Niger set to become oil producer

BBC Finance  Tue, 06/03/2008 - 11:14am

China will invest $5bn over the next three years to develop crude oil production in eastern Niger.



 

In defense of oil companies

CNN Money  Tue, 04/29/2008 - 9:55am

Oil producer BP reported a 63% increase in profits Tuesday to a whopping $7.6 billion. Royal Dutch Shell's first-quarter earnings increased 25% to a record $9.1 billion.



 

Opec leaves oil supply unchanged

BBC Finance  Wed, 03/05/2008 - 8:07am

Oil producer group Opec leaves output unchanged, despite calls for an increase to help ease high oil prices.