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Added on the 28/07/2015 13:55:07 - Copyright : Euronews EN
Oil major BP has reported lower profits and says it will cut spending on exploration because of the fall in oil prices. But as Hayley Platt reports a surprise contribution from its stake in Rosneft helped it beat forecasts.
China’s largest oil and gas producer PetroChina reported a massive 82 percent fall in first quarter profits due to lower global oil prices. Meg Teckman reports.
Oil major BP increases dividends in the third quarter as it sees a jump in operating cash flow. As Amy Pollock reports that's despite lower oil prices and a steep drop in contributions from Russia where a depreciating rouble hits its income.
Cumby, May 15 (EFE/EPA).- The price of beef in the United States has surged nearly twenty percent in one week to a record high. (Camera: LARRY SMITH).SHOT LIST: CATTLE GRAZE IN A PASTURE NEAR CUMBY, TEXAS, US.
Midland (Texas), Apr 6 (EFE).- Gas prices across the US are extremely low causing oil prices to drop dramatically in part due to the COVID-19 coronavirus. (Camera: LARRY SMITH).FOOTAGE SHOWS AN OIL PUMP IN AN OIL FIELD NEAR MIDLAND, TEXAS, USA.
Oil prices surge after raging wildfire hit Canada's oil sands region, cutting as much as one-third of the country's daily crude capacity.
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