BP (NYSE: BP) Inks $16 Billion Tight Gas Deal in Oman
After months of negotiations, BP and the Sultanate of Oman have signed a 15-year production sharing agreement for development of the Khazzan gas field in the Omani desert. The field was first discovered 13 years ago, and construction will begin in 2014. It is expected that the area will begin production around 2017, and that it will produce approximately 7 trillion cubic feet of gas.
Investing in Space Travel
For as long as Earthlings have known about Mars, we have fantasized about living there. It seems far-fetched and difficult now, but our technological advancements are making it much more attainable. Commercial space travel has a bright future, and there are a just a handful of companies that you can invest in today. It is an industry that demands your attention.