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Post# of 648882
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xanadu90

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xanadu90

Re: Wildbill729 post# 195758

Friday, 10/26/2007 5:38:45 AM

Friday, October 26, 2007 5:38:45 AM

Post# of 648882
GM Wildbill. BP has been in trouble for a long time. It went to Russia with sturm und drang, and came back with empty hands and millions of losses. Lord Browne, the CEO, had to resign after scandalous behaviour, even if he blundered in his private life.

Oil exploration is done on West Africa's coastal areas (Angola), and they are working with Exxon on the Thunder Horse project on Gulf of Mexico. Thunder Horse is expected to be the biggest oil discovery in GOM area, deepest drilled subsea oilwell ever. Interesting to hear, what they find.

BP has invested quite a lot in green technology - solar and windpower - all over Europe.
North Sea oil resources are practically finito, at least on BP's part.
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