July/20/2011 16:47PM
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Until the last few years the US was dominated by integrated oil companies. These were mostly international oil companies that had exploration and production(finding and drilling for oil), transportation, refining, and marketing. As such, they had integrated management from the wellhead to the consumer’s gas tank. First came the mergers, Exxon and Mobil, BP and Read the full article…

February/02/2011 16:21PM
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Finally, I can concede a victory to you, President Obama. It’s far overdue. You have succeeded in running BP out of this country. BP to Divest ARCO, Sell Two Refineries LONDON — BP announced today that it intends to reposition its U.S. refining and marketing business and divest two of its U.S. refineries. It intends Read the full article…