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BP claims new supercomputer will improve safety
BP is to spend $100m (£62m) over the next five years in an attempt to find more oil using what it claims is the world’s largest supercomputer for commercial research, with a memory equivalent to nearly 150,000 iPods. A new “high-performance computing centre”, which will boast 536 terabytes of memory,…
Losses send BP into a tailspin
British energy giant BP said Tuesday that it plunged into a second-quarter net loss, hit by lower output, falling oil prices and a near $5.0-billion (4.1-billion-euro) write-down on the value of assets. BP made a loss after tax of $1.39 billion in the three months to June, compared with net…
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