As one of the largest corporations in the world, BP has always had a healthy presence here, but its involvement with politicians mostly came to a screeching halt after the Deep Water Horizon exploded and oil began gushing. Whether it was due to politicians refusing to take the money (which actually did happen) or BP trying to keep a low profile, the British oil money did stop flowing into Washington -- faster, in fact, than the actual oil stopped flowing into the Gulf.
This chart from RBC Capital Markets' Helima Croft shows the proven oil reserves for the big oil-producing countries around the world. Despite Saudi Arabia's huge reserves, RBC writes that " a policy of keeping prices low for the pro... Read Post
The world’s largest corporate deal in an emerging market, a tie-up worth nearly $50 billion between two telecommunication companies, Bharti Airtel in India and MTN Group in South Africa, came to a screeching halt Saturday. Bharti c... Read Post
By Adriana Barrera and David Alire Garcia MEXICO CITY (Reuters) - Royal Dutch Shell, one of the world's largest oil companies, is most interested in new oil and gas projects in the deep waters of the Gulf of Mexico following a major... Read Post