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Located offshore Brazil in the Santos basin, Tupi is the country’s largest producing field, with an average volume of 850,000 bopd, accounting for 20% of the total produced in Brazil, according to Petrobras.
Energy giant BP is expected to blame weaker gas prices for its first quarter net profits tumbling 73.6 percent to $2.9billion (£2.4billion) on Tuesday.
Cornwall Insight principal consultant Lisa Foley explains the forces affecting the prices we pay, and predicts a short-term fall in prices, but a longer-term rise towards the end of this decade
The Capital City Arts Initiative opened its exhibition, BRIC Art 4, with artwork by eight area artists at the Carson City Business Resource Innovation Center on Wednesday. The exhibition will remain at the BRIC through early September 2014.
May begins the time to get into the habit of doing outdoor tasks early in the day. It is usually the time when temperatures start to creep from the 80s
Crude oil jumps as much as 7% on U.S. ban of Russian imports, but trades off session highs : Rashtra News #Crude #oil #jumps #ban #Russian #imports #trades #session #highs Oil prices jumped to their highs of the session Tuesday as President Joe Biden announced a ban on Russian fossil imports including oil in response