Keyword: BP

News

Developments In The Gulf Of Mexico Oil Spill

02.08.2010 - Here are some developments in BP's Gulf of Mexico oil spill, the largest offshore oil disaster in U.S. history. Top Developments• The tide of lawsuits unleashed by BP's oil spill...

News

Reliance, Essar Eye BP's Africa Retail Operations

29.07.2010 - BP is in talks with India's Reliance Industries and Essar Group to sell its African retail assets that could be worth as much as $500 million, four sources with direct knowledge of...

News

BP Launches Image Overhaul, Ditches CEO

27.07.2010 - BP's newly named chief executive on Tuesday called the Gulf oil spill a "wake-up call" for the entire industry as the company tallied up its losses and disclosed two U.S...

News

BP's Next Steps On Killing Gulf Leak

26.07.2010 - BP was working to ready the first of two relief wells to bore into its blown-out Gulf of Mexico well about 3.9 km under the seabed and permanently plug and seal the leak. Along the...

News

Sanctions And Fuel Supplies to Iran

26.07.2010 - U.S. President Barack Obama signed a law last week imposing tough new sanctions on Iran's banking and energy sectors, hoping to curb Tehran's nuclear enrichment activities. The...

News

BP Signs North America and Egypt Asset Deals with Apache

22.07.2010 - BP announced that it has entered into several agreements to sell upstream assets in the United States, Canada and Egypt to Apache Corporation. The deals, together worth a total of...

News

BP Denies CEO Leaving

22.07.2010 - BP denied a report its embattled chief executive would leave soon as the company lined up $7 billion in asset sales to help pay for the worst oil spill in U.S. history. CEO Tony...

News

BP Pays $98 Million For Verenium Biofuels Activities

16.07.2010 - Oil major BP beefed up its biofuels business on Thursday by paying $98 million for technology and facilities developed by U.S. partner Verenium. The British energy giant said the...