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...
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...
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...
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...
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...
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...
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...
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...