Posted by Reuters: Business News on February 7, 2012
LONDON (Reuters) – BP said it was preparing “vigorously” for lawsuits related to its Gulf of Mexico oil spill, which are due to start later this month, as it unveiled a rise in fourth-quarter earnings boosted by higher oil prices and one-off gains.
Posted by Reuters: Business News on January 27, 2012
(Reuters) – A federal judge on Thursday said BP Plc must indemnify Transocean Ltd for some compensatory damage claims over the 2010 Gulf of Mexico oil spill.
Posted by Reuters: Business News on December 7, 2011
WASHINGTON (Reuters) – The U.S. offshore drilling safety agency on Wednesday issued five more citations against BP for its oil spill in the Gulf of Mexico last year.
Posted by Reuters: Business News on July 26, 2011
LONDON/SAN FRANCISCO (Reuters) – Global giant BP and trading house Phibro joined the list of market titans wrong-footed by last quarter’s oil volatility, while Deutsche Bank emerged with record commodity earnings.
Posted by Reuters: Business News on May 17, 2011
MOSCOW/LONDON (Reuters) – BP’s move to gain a foothold in Russia’s offshore Arctic oilfields through a deal with state-controlled Rosneft has collapsed after it failed to resolve a dispute with partners in TNK-BP .
Posted by Reuters: Business News on April 27, 2011
LONDON (Reuters) – BP Plc reported a 2 percent drop in first quarter replacement cost net profit as lower production and higher charges due to the oil spill outweighed the benefits of a rising oil price.
Posted by Reuters: Business News on April 21, 2011
LONDON (Reuters) – BP Plc has filed for damages totaling more than $80 billion from Halliburton and Transocean a year after the Gulf of Mexico rig explosion that killed 11 workers and spewed millions of barrels of oil into the sea.
Posted by Reuters: Business News on
LONDON (Reuters) – BP Plc has filed for damages totaling more than $80 billion from Halliburton and Transocean a year after the Gulf of Mexico rig explosion that killed 11 workers and spewed millions of barrels of oil into the sea.
Posted by Reuters: Business News on April 15, 2011
LONDON (Reuters) – BP’s annual shareholder meeting was disrupted by campaigners protesting against the oil giant’s role in the Gulf of Mexico spill, while investors registered their disapproval with big votes against directors.
Posted by Reuters: Business News on January 6, 2011
rose on Thursday as investors bet a new U.S. Presidential panel report that spreads the blame for the country’s worst-ever oil spill means the companies will avoid a highly costly gross negligence…
