v1energy.com

CHRON.COM - Oil and natural gas demand may be down worldwide, with prices languishing at 2004 levels, but it’s not a time to get complacent about investment or an economic recovery, BP Chief Executive Tony Hayward told energy executives Tuesday in Houston. “I believe this is a crucial moment,” he said at the annual Cambridge Energy Research Associates conference called CERAWeek, where the global recession and a fall in prices from last year’s unprecedented highs have dominated speeches, panel discussions and hallway conversations. Read More