Economics, Finance and Information Technology

Give a more longer term perspective of Economic trends and the Macroeconomic and Monetary Interdependence of the Global Economy. With the Background of this approach the blog will deal with the implications for Investment decisions. The author believes that China and the Asia Pacific Region are and will be the powerhouse for the global economic growth for years to come. It will also cover IT because of its momentum driver for economic growth.

Monday 23 September 2013

BP is set to gain from the reopening of a North Sea gas field

BP is set to gain from the reopening of a North Sea gas field that has lain dormant for three years because of international sanctions against Iran, the Mail on Sunday reported. The Rhum gas field is jointly owned by BP and National Iranian Oil and once supplied 5% of UK gas output. With UK-Iran relations thawing, the Government is close to agreeing a sanctions waiver for the field, giving a multi-million pound boost to BP and the Iranian company.

Source: The Daily Telegraph

Monday 23 September 2013

BP is set to gain from the reopening of a North Sea gas field

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