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Independent topical source of current affairs, opinion and issues, featuring stories making news in Canada from immigrants, newcomers, minorities & ethnic communities' point of view and interests.

Goldman Sachs: Oil Companies

oil companies: , according to Winnipeg Free Press. NEW YORK AP New troves of oil have been found all over the globe, and oil companies are taking in around $100 for every barrel they produce. But these seemingly prosperous conditions aren't doing much for Big Oil: Profit and production at the world's largest oil companies are slumping badly. Former Goldman Sachs vice president Fabrice "Fabulous Fab" Tourr , in New York, Thursday, Aug. 1, 2013. THE CANADIAN PRESS/AP, Richard Drew Despite boom, higher costs push Big Oil into slump (www.immigrantscanada.com). As reported in the news.