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Billions or trillions of barrels more, say Saudi Oil Minister, Exxon
Saudi Arabia, the biggest oil producer, and Exxon Mobil, the largest oil company, yesterday declared that the world had decades’ worth of oil to come, in an attempt to calm fears about the record prices experienced in recent weeks.
September 27, 2005
Shell hit by $1.5bn oil pollution claim from Nigerian Senate
Shell, the beleaguered oil giant, has been asked by Nigeria’s Senate to pay $1.5bn (£830m) compensation to communities affected by oil pollution in the country.
August 25, 2004
Rumsfeld intervention rescues $3bn BP pipeline
Construction of BP’s controversial $3bn (£1.6bn) oil pipeline from the Caspian Sea to Turkey resumed only after the intervention of Donald Rumsfeld it has emerged.
August 8, 2004