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Big Oil News

Big Oil News From AOL News

Opinion: 6 Months After Spill, Big Oil Still Won't Clean Up Its Act

Oct 20th 2010 – 9:13AM

(Oct. 20) -- Wednesday marks six months since BP's Deepwater Horizon drilling platform exploded, killing 11 workers and sending millions of gallons of oil into the Gulf of Mexico. We've watched Gulf Coast residents struggle as the oil coated their beaches and wetlands, tanking their economy and destroying jobs. And yet...

Opinion: Avoid the Temptation to Bash 'Big Oil'

Jun 14th 2010 – 12:52PM
Chris Pizzello, AP

Chris Pizzello, AP

(June 14) -- "You won't lose votes bashing ... Big Oil." That's how equity analyst David Hart put it recently. And on Tuesday, lawmakers will get a chance to test that proposition, as the heads of all the big oil companies get set "for grilling" at a congressional hearing. But tempting as it is to bash "Big Oil,"...

Nigerian Spills Make Valdez Look Like Drop in Bucket

By Chanan TigayMay 23rd 2010 – 8:14AM
George Osodi, AP

George Osodi, AP

(May 23) -- Now a month old, the Gulf of Mexico oil spill still dominates the headlines, with politicians, pundits and ordinary people debating who's to blame and wondering if it will eclipse the Exxon Valdez as the worst spill in U.S. history. Meanwhile, Nigeria reportedly leaks as much oil as the Valdez -- which spewed...

Background on Big Oil

A supermajor is one of the world's five or six largest publicly-owned oil and gas companies.

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