China's CNOOC Will Ramp Up Deepwater Oil Drilling as BP's Oil Spill Kills U.S. Exploration

June 19, 2010

China's CNOOC. Ltd. (NYSE ADR: CEO) will step up its long-term deepwater oil exploration plans with a close eye on safety measures in the wake of the...

Occidental Petroleum Leads Onshore Oil Hunt as Offshore Drilling Faces Tighter Regulation

May 20, 2010

Occidental Petroleum Corp. (NYSE: OXY) announced yesterday (Wednesday) it was...

BP Dives Into Brazil's Offshore Oil Industry With $7 Billion Deal

March 12, 2010

British oil giant BP PLC (NYSE: BP) has finally entered Brazil's vaunted deepwater oil market with a $7 billion purchase of Devon Energy Corporation...

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