BP: British Petroleum. Big Profits

by Tony Daltorio, the Investment U Research Team

Not too long ago, seven major oil companies – commonly referred to as the Seven Sisters – controlled their market.

But that was then and this is now. Today, they’re scrambling to find new oil fields, while “smaller” companies rock the industry.

That’s why there’s been so much excitement over the recent discovery of a ‘giant’ oil field in the Gulf of Mexico by one of the Seven Sisters, British Petroleum ADR (NYSE: BP).

When international oil companies consider where to invest, they typically have to choose between technically straightforward fields in politically turbulent countries, or politically stable areas that require complex and costly production techniques.

Easily produced, accessible energy resources in secure countries just don’t exist anymore; the era of cheap oil is truly over.

But BP has a long history

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According to Bloomberg, although Russian oil production increased this year, defying forecasts, it will inevitably decrease due to the slump in investment when crude prices dropped.  Novatek has reported a 1.6% increase in net profit in the second quarter of 2009, year-on-year, exceeding analysts' expectations of the profitability of Russia's second largest gas producer.  To learn some facts about Iran's current energy partners, look here.  Exxon Mobil Corp and PetroChina have reached a $41 billion agreement on liquefied natural gas, apparently representing Australia and China's biggest trade contract to date.  The deal for 2.25 million metric tons of liquefied natural gas every year will come from ExxonMobil's 25% stake in the field, in which Chevron has a 50% stake and Shell the remaining 25%.  Managing to overcome diplomatic tensions regarding Rio Tinto to seal the deal has ...

France's Total and Russian independent gas producer Novatek have concluded a $900 million project to develop a Siberian gas field.  'The cooperation can expand even further', says Vladimir Putin. Gazprom has defended its performance in response to recent criticism about underselling: 'we . . . don't see any reason for panic and pessimism'.  The company hopes that the US will approve its plans to produce and export gas in Alaska.  Prime Minister Putin has instructed that a plan be drawn up to improve Russia's gas liquefying facilities.  Russia has been granted an invitation to bid for a nuclear power plant in Egypt.  Ukrainian Prime Minister Yulia Tymoshenko says that Kiev will pay its gas bill on time.  Medvedev has said that Russia is ready to invest billions in the Nigerian energy sector.  Gazprom has ...

We've been carefully following Gazprom's efforts to break into the U.S. market for several years now, but they don't seem to be getting anywhere closer.  Despite opening a trading office in Houston and holding vague talks with a variety of potential partners, the Kremlin arm of foreign policy hasn't been able to make the numbers work to tap into the energy veins of North America.Today, however, they took a step in this direction with a small but important deal with Royal Dutch Shell to break into the U.S. market - from the West, to California.  From the Wall Street Journal:The world's largest gas producer and the world's largest natural-gas market have finally come together. Gazprom and Shell announced a deal that will send gas from Russia's far east to LNG terminals on the ...

by Professional editor working for http://www.cheaponsale.com

Beijing early early of March 19, the United Kingdom store market blocked down a humble, pessimistic find clear fault redundancy written knowledge for Rio Tinto and aluminum exchanging prospects and Shell are in addition worries about long-term expansion shareholder psyche intrusive.

As of Wednesday afternoon London time, 4:30 (Beijing Thursday 0:30), the British share of the overall situation vane: FTSE 100 index fell 52.11 points to close at 3804.99 points, or 1.4%. The index was a modest early gains, but gains access to dissipate after midday. Continental Europe, the Frankfurt and Paris stock markets higher the stock market fell.

UK National Statistics Office broadcast that, according to ILO values, in November final year to January this year, three months of unemployment in the United Kingdom a total of 2,030,000 employees, the unemployment rate boosted to 6.5%. Compared with the earlier three months, the …

JayHawk Energy (JYHW) is a development stage crude oil and natural gas company primarily exploring for the aforementioned resources in Colorado, Kansas and the surrounding areas. JayHawk owns interest in the Uniontown project covering 35,000 gross acres of non-producing coalbed methane natural gas reserves located in Bourbon County, Kansas. The company also shares 12 miles of common boundary with natural gas giant, Devon Energy, in Kansas.

The land shared with Devon is roughly equivalent to 35,000 acres and is estimated to have as much as 78 billion cubic feet of natural gas. Devon, the largest independent gas producer in the U.S. Questa Engineering Corp., said that on the high end, annual revenue for the 35,000 acres owned by JayHawk could be almost $395 million, and that was using a much lower price for natural gas because the assessment was done in 2005. Although natural gas is in abundant supply in

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