BP sets out Gulf of Mexico costs
BP has taken a pre-tax charge of US$ 32.2 billion for the Gulf of Mexico oil spill, including the US$ 20 billion escrow compensation fund previously announced.
Gas processing - 27 July 2010
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US gasoline demand 0.6% lower than last year
US gasoline deliveries for the first half of 2010 averaged 8.88 million bpd, 0.6% lower than the corresponding period a year ago, according to the American Petroleum Institute’s Monthly Statistical Report for June.
Murphy Oil plans to exit refining business
Murphy Oil will sell three oil refineries and focus on its upstream and retail businesses in the US.