Obama moratorium overturned as BP costs rise
A federal judge has overturned US the US President's moratorium on offshore drilling, while BP's costs exceed $2.3bn
A federal judge has overturned US the US President's moratorium on offshore drilling, while BP's costs exceed $2.3bn
Formula One back on the grid; Shell stays with Ferrari; a UN-backed decade of road safety, it's official; automotive April Fools; and the world's largest meatball.
Crude prices reach 18-month high; Opec supports price hike and Brazil; Petrobras strengthens Asian exports; Denbury makes $900m sale; and Shell and Chevron celebrate deepwater success.
Global forecasts for 2010 growth in real GDP are increased to 4.5% but the recovery rates vary significantly by country even within the dynamic BRIC economies. In Russia, how will the significant increase in car imports impact on the lubricants market?
The ACC shows slight encouragement for the chemical industry's production index, but ACEA can't lift the gloom for the European auto makers and calls for urgent help for the commercial vehicle sector. There's also an interesing report on the Nanocatalyst market.