Keyword: BP

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Payout Official Set for Surge in BP Spill Claims

17.05.2013 - The deadline for claims against BP in connection with the 2010 Gulf of Mexico oil spill is 11 months away, but the man responsible for paying the claims said on Thursday he is...

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BP to Ask UK Government to Intervene on Gulf Spill Payments

16.05.2013 - British oil company BP wants Prime Minister David Cameron to intervene with the U.S. government over the escalating cost of compensating U.S. companies for the Gulf of Mexico oil...

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EU Probes Oil Majors on Price Manipulation

14.05.2013 - European authorities have raided offices of oil majors Shell, BP and Statoil as part of a probe into suspected manipulation of oil prices, one of the biggest cross-border actions...

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BP Withdraws Staff from Libya Due to Security Concerns

12.05.2013 - British oil company BP said it is withdrawing some non-essential staff from Libya after Britain's government warned about deteriorating security in the capital Tripoli. "We are...

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Shell to Develop World's Deepest Offshore Oil Platform

09.05.2013 - Royal Dutch/Shell said on Wednesday it will go ahead with the world's deepest offshore oil and gas production project, pushing the boundaries of technology to produce from nearly 2...

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BP May Delay $10 Billion Mad Dog Oil Scheme in Gulf of Mexico

19.04.2013 - BP is reviewing its biggest new oil project in the Gulf of Mexico, due to rising development costs across the industry, and could delay the $10 billion scheme. British oil major BP...

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BP Puts U.S. Wind Farm Arm Up for Sale

03.04.2013 - BP has put its U.S. wind farm operation, one of the largest in the country, up for sale, marking the continued retreat of big oil companies from renewable energy investments while...

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BP to Go Ahead With $500 Million Shetlands Investment

28.03.2013 - British oil group BP is pressing ahead with a $500 million-plus investment in the Shetland Islands, a shot in the arm for the government's efforts to revive the North Sea oil...