Word: bp
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...1960s. After waves of mergers in the U.S. and Europe, and with the growing dominance of nationally owned energy companies worldwide, the oil and gas industry is increasingly ruled by a handful of giants. Though StatoilHydro leads the world in offshore extraction, it's dwarfed by diversified behemoths like BP, Exxon-Mobil and Gazprom. How can a mid-size niche player from Norway possibly thrive in this new, hypercompetitive...
Shell and BP have taken bigger risks than ExxonMobil in this latter zone, with mixed results. And while the state-owned companies appear to have lots of oil, they're generally less adept at getting it out of the ground quickly than the private Western oil giants. All of which appears to mean that today's gasoline prices, unlike those of the 1980s, won't be returning to earth anytime soon...
...products. BzzAgent, a firm that specializes in word-of-mouth marketing, has its 260,000 volunteers submit detailed profiles about their habits and interests, which BzzAgent uses to match them to word-of-mouth campaigns for products made by companies such as Nestlé, Arby's, Philips, Kraft and BP. The so-called agents are provided with information about the clients' products and in return give detailed feedback about the conversations they have...
...Mart is not alone. In January the U.S. Climate Action Partnership, a group that includes some of the biggest corporate players and energy users in the world--Alcoa, BP America, Duke Energy, General Electric, Lehman Brothers, Caterpillar and PG&E--asked the Federal Government to act aggressively on climate change, not least by imposing legal limits on the amount of industrial carbon dioxide emissions. The corporations know there's a virtue in going green, but they're also looking for some regulatory certainty before they make massive investments. What's more, there's money to be made in the enviro...
...world's oil reserves, and the oil flowing through the new West-bound pipeline still represents a mere 1% of global supply. But ultimately some of the gas from Khazakstan and Turkmenistan's much larger natural-gas fields across the Caspian from Baku could flow through BP's pipelines, turning to the West rather than to Asia. "The pipeline is changing the strategic map in a very major way," says a senior State Department official...