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Viewing entries tagged with 'Oil'

Plains closes on $5.4B Gulf of Mexico BP deal

Posted by on 26 January 2013

Plains Exploration & Production Co. said Friday that it has completed its $5.36 billion acquisition of some BP deep-water assets in the Gulf of Mexico, as the British oil giant seeks to cover its costs related to the massive oil spill there in 2010.

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New Study Details Job, Revenue Growth from Shale Energy Production in All 50 States

Posted by on 26 January 2013

The second phase of a comprehensive new study co-sponsored by the U.S. Chamber’s Institute for 21st Century Energy was released today, highlighting the benefits that shale energy will have on America’s economy over the coming years. IHS, a leading global energy research firm, is conducting the three part study to examine the economic impact of shale energy exploration and production across the country. Part one of the report, which focused on the national benefits, was released last month.

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