3 C
London
Saturday, January 28, 2023
HomeBP To Significantly Boost Investment In U.S. Oil
Array

BP To Significantly Boost Investment In U.S. Oil

Date:

Related stories

Escobar: Can You Smell What The Year Of The Rabbit Is Cooking?

Escobar: Can You Smell What The Year Of The Rabbit Is Cooking? Authored by Pepe Escobar, The New Silk Roads, or BRI, as well as the integration efforts of BRICS+, the SCO and the EAEU will be on the forefront of Chinese policy... Liu H...

Visualizing Remittance Flows & GDP Impact By Country

Visualizing Remittance Flows & GDP Impact By Country The COVID-19 pandemic slowed down the flow of global immigration by 27%. And, as Visual Capitalist's Richie Lionell details below, alongside it, travel restrictions, job losses, and mo...

Canada’s Bill C-26: Yet Another Government Power Grab

Canada's Bill C-26: Yet Another Government Power Grab Authored by Mark Jeftovic via EasyDNS.com, Soviet Era Ethos Stomps Privacy and Due-Process Another doozy from the Canadian government. Following along several other bills winding t...

Thai Rice Prices Jump As Global Food Crisis Reignites

Thai Rice Prices Jump As Global Food Crisis Reignites Soaring rice prices is the latest example of persistent food inflation. The grain is responsible for feeding billions of people, and prices were relatively stable last year while wheat ...

Here’s What Happens To Society When The System Fails

Here's What Happens To Society When The System Fails Authored by Fabiann Ommar via The Organic Prepper blog, When the system begins to fail, society can quickly crumble. Two such events have occurred recently... Let’s reflect on the Br...
Moving in lockstep with the Biden Administration’s calls for U.S. oil and gas companies to expand production, London-based BP Plc has unveiled plans to boost spending in the American oil heartland by over 40% this year. On Wednesday, BP said it would raise onshore oil and gas investment in the U.S. from $1.7 billion in 2022 to $2.4 billion in 2023–a 41% hike year-on-year. Offshore, in the Gulf of Mexico, BP said it plans to invest a total of $7 billion by 2025, compared to $10 billion in investment over the past five years. While the…

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories