The Guardian | Deep offshore oil still profitable Reuters LONDON (Reuters) - Drilling deep offshore oil is still profitable despite BP's (BP.L) disastrous spill off the Gulf of Mexico and a slide in crude prices, but costs are rising due to heightened regulation, an African-focused oil and gas exploration ... Gulf Coast awaits word that oil flow has stopped Gulf oil spill: BP resumes 'top kill' Obama: 'Oil spill is dominating my every thought' |
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