Oil giant BP has revealed a dip in profits as its commitment to sell off billions of pounds of assets in the wake of the Gulf of Mexico disaster hit production.Read
Green campaigners have reacted angrily to the Chancellor’s backing for fossil fuels, which included £3 billion in support for new drilling in the North Sea.Read
Desire Petroleum, the oil exploration firm operating off the Falkland Isles, has revealed a £2.2 million loss after several disappointing drilling campaigns.Read
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