Eduard Gismatullin

Oil Surges Above $76 as BP Shuts Alaska Field, Largest in U.S.

Crude oil surged above $76 a barrel, the biggest gain in two weeks, after BP Plc said it will shut Alaska’s Prudhoe Bay field, where 8 percent of U.S. oil is produced.

August 7, 2006

Putin controls end oil gusher

A five-year oil boom is ending in Russia, the world’s second-largest oil exporter, as President Vladimir Putin increases government control over the industry, curtailing investment in new wells, rigs and pipelines.

March 16, 2005


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