MarketLine Blog

Posts tagged to risk

BP back in Libya: British oil major is taking risks returning to chaotic country

MarketLine

For BP, a company which has suffered following massive bills incurred from the Deepwater Horizon disaster in the Gulf of Mexico, entering such a market may not immediately appear to be an example of prudent business decision making. Provided BP can drill oil reliably, and the country remains sufficiently stable to enable foreign companies to operate freely, the partnership with Eni to begin exploratory drilling in the early part of 2019 could prove fruitful. Exploring for oil at this stage could prove to be a valuable strategic move when viewed… Read more

Billions of test miles to prove driverless tech

MarketLine

As of April 2016, Google is running 23 converted Lexus SUVs and 34 prototype vehicles in autonomous mode on public roads across Kirkland, Mountain View, Phoenix and Austin in the US. It has driven its vehicles a total of 1,564,981 miles in autonomous mode to date, averaging weekly miles of between 10 and 15 thousand. On May 3rd 2016, it was announced that Fiat Chrysler Automobiles and Google will be joining forces to integrate autonomous driving technology into 100 Chrysler Pacifica Minivans, marking the first time that Google has partnered… Read more