Chevron and BP in Deal to Search for Oil Deep Beneath the Gulf of Mexico

http://rss.nytimes.com/c/34625/f/640316/s/42cfc035/sc/1/l/0L0Snytimes0N0C20A150C0A10C290Cbusiness0Cenergy0Eenvironment0Cchevron0Eand0Ebp0Ein0Edeal0Eto0Esearch0Efor0Eoil0Edeep0Ebeneath0Ethe0Egulf0Eof0Emexico0Bhtml0Dpartner0Frss0Gemc0Frss/story01.htm

The joint effort is a reflection of the pressure on oil companies to hold down spending and share risk as oil prices continue to drop.

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