Articles tagged with bp
Tue, May 22, 2012
Crude overflow at BP's Prudhoe; output not affected
ANCHORAGE, Alaska (Reuters) - BP Exploration (Alaska) Inc. workers were preparing to vacuum up about 4,200 gallons (100 barrels) of crude oil and a ...
Mon, May 21, 2012
Analysis: The landmine that could explode BP's $7.8 billion deal
By Andrew Longstreth
NEW YORK (Reuters) - BP Plc
Tue, May 15, 2012
L.A. spot gasoline plummets on BP restart: trade
HOUSTON (Reuters) - Gasoline in the Los Angeles spot market plummeted 27.5 cents on Tuesday as BP Plc continued restarting its 225,000 barrel-per-day ...
Mon, May 14, 2012
BP resumes Cherry Point, Wash. refinery restart: sources
HOUSTON (Reuters) - BP Plc was resuming the restart of its 225,000 barrel per day (bpd) Cherry Point, Washington, refinery on Monday, according to ...
Thu, May 03, 2012
BP wins delay of Gulf spill trial until 2013
By Jonathan Stempel
(Reuters) - A trial to assign blame and damages that could total tens of billions of dollars for the 2010 Gulf of ...
Wed, May 02, 2012
BP's $7.8 billion Gulf spill pact wins initial court OK
By Jonathan Stempel
(Reuters) - BP Plc
Tue, May 01, 2012
U.S., Alabama urge no delay in BP oil spill trial
By Jonathan Stempel
(Reuters) - The U.S. government said a trial to assign blame and damages among BP Plc and others over the 2010 ...
Tue, May 01, 2012
Alabama urges no delay in BP oil spill trial
(Reuters) - A trial to assign blame and damages among BP Plc and others over the 2010 Gulf of Mexico oil spill should not be ...
Tue, May 01, 2012
BP profit falls as Gulf spill costs still weigh
By Tom Bergin
LONDON (Reuters) - BP Plc
Tue, April 24, 2012
U.S. charges ex-BP engineer obstructed spill probe
By Kristen Hays and Bruce Nichols
HOUSTON (Reuters) - A former BP Plc engineer was arrested and charged on Tuesday with intentionally destroying evidence related ...
Mon, April 23, 2012
BP sues Bridas on $7 billion South American deal collapse
By Jonathan Stempel
(Reuters) - BP Plc sued Argentina's Bridas Corp on Monday over a collapsed $7.06 billion asset sale, saying it is ...
Fri, April 20, 2012
BP says Texas City hydrocracker shut by storm
HOUSTON (Reuters) - A hydrocracking unit was shut by a lightning strike on Friday at BP Plc's 406,570 barrel per day (bpd) Texas ...
Wed, April 18, 2012
BP proposes Gulf spill accord terms, trial delay
By Jonathan Stempel
(Reuters) - BP Plc reached settlements to resolve billions of dollars of claims from the 2010 Gulf of Mexico oil spill, and ...
Fri, April 13, 2012
Florida seeks to delay approval of BP settlement
By Erin Geiger Smith
(Reuters) - The Attorney General for the State of Florida has asked a federal court to delay granting preliminary approval of ...
Wed, April 11, 2012
U.S. to give BP evidence on size of Gulf oil spill
By Jonathan Stempel
(Reuters) - BP Plc will gain access to U.S. government documents that may shed light on the size of the 2010 ...
Fri, April 06, 2012
BP appoints new Russia head
MOSCOW (Reuters) - The head of BP's
Mon, April 02, 2012
More N.Sea crude benchmark hit as BP shuts platform
By Ikuko Kurahone
LONDON (Reuters) - British oil major BP
Fri, March 30, 2012
BP: U.S. hiding evidence on size of Gulf oil spill
By Jonathan Stempel
(Reuters) - BP Plc
Tue, March 27, 2012
BP refinery leaks acid in Texas City; no injuries
By Erwin Seba
HOUSTON (Reuters) - Hydrofluoric acid (HF) leaked from an alkylation unit at BP Plc's 406,570-barrels-per-day refinery in Texas City, Texas ...
Sun, March 18, 2012
BP Los Angeles-area refinery reports flaring
HOUSTON (Reuters) - BP Plc's 253,000-barrels-per-day Los Angeles-area refinery in Carson, California reported flaring on Saturday, a notice the plant filed with state ...
Thu, March 15, 2012
BP probes corruption claim in shipping unit
By Tom Bergin
LONDON (Reuters) - Oil company BP
Thu, March 08, 2012
BP spill claims process set up, Feinberg relieved
By Andrew Longstreth and Jonathan Stempel
(Reuters) - The man who has paid out billions of dollars to victims of the massive 2010 Gulf of ...
Mon, March 05, 2012
BP boosted by oil spill settlement
By Tom Bergin
LONDON (Reuters) - Shares in BP rose over 2 percent on Monday after the oil giant reached a settlement with businesses and ...
Sun, March 04, 2012
BP's Cushing-to-Whiting pipeline ramped up ahead of Enbridge
NEW YORK (Reuters) - BP's pipeline carrying crude from the oil hub of Cushing, Oklahoma, to its refinery in Whiting, Indiana, began increasing rates ...
Fri, March 02, 2012
BP's $7.8 billion deal may speed payments for U.S. spill
By Kathy Finn, Andrew Longstreth and Tom Bergin
NEW ORLEANS (Reuters) - The estimated $7.8 billion deal struck by BP Plc with businesses and ...
Tue, February 28, 2012
BP seeks settlement with oil spill plaintiffs group
By Kathy Finn
NEW ORLEANS (Reuters) - BP Plc is seeking to settle a lawsuit over the massive 2010 Gulf of Mexico oil spill by ...
Sun, February 26, 2012
BP oil spill trial delayed for settlement talks
By Tom Bergin and Jonathan Stempel
LONDON/NEW ORLEANS (Reuters) - The trial to decide who should pay for the 2010 Gulf of Mexico oil ...
Sat, February 18, 2012
BP idles large Washington state refinery after fire
By Erwin Seba and Katherine Luck
HOUSTON/SEATTLE (Reuters) - BP Plc idled production at its Cherry Point refinery in Washington state on Saturday, a ...
Fri, February 17, 2012
Fire may idle BP's Washington refinery - trade sources
(Reuters) - A fire on Friday caused by a leaking pipe flange may temporarily idle production at BP Plc's 225,000 barrel per day ...
Wed, February 08, 2012
BP wins exclusion of emails from oil spill trial
By Jonathan Stempel
(Reuters) - BP Plc won a court order keeping several potentially damaging emails out of a scheduled trial to determine responsibility for ...
Tue, February 07, 2012
BP preparing "vigorously" for oil spill lawsuits
By Tom Bergin
LONDON (Reuters) - BP said it was preparing "vigorously" for lawsuits related to its Gulf of Mexico oil spill, which are due ...
Thu, January 26, 2012
BP fails to shift $15 billion oil spill costs onto Transocean
By Tom Bergin
LONDON (Reuters) - Oil giant BP has lost its attempt to shift over $15 billion of costs related to the Gulf of ...
Thu, January 19, 2012
BP seen agreeing $20-25 billion oil spill settlement
By Tom Bergin
LONDON (Reuters) - BP is likely to agree to pay the U.S. Department of Justice $20-$25 billion to settle all ...
Fri, January 13, 2012
Claimants challenge holdback in BP oil spill case
By Andrew Longstreth
NEW YORK (Reuters) - In a flurry of court filings this week, lawyers for claimants before the $20 billion BP
Fri, January 13, 2012
BP CEO Dudley says committed to Gulf after spill
CHICAGO (Reuters) - BP
Wed, January 04, 2012
BP fund resumes payments to spill victims
(Reuters) - BP's
Tue, January 03, 2012
BP fund halts payments to spill victims pending clarification
(Reuters) - BP's
Mon, January 02, 2012
BP challenges Halliburton court request on spill
By Tom Bergin and Greg Roumeliotis
LONDON/NEW YORK (Reuters) - BP
Fri, December 16, 2011
BP settles with spill blow-out preventer maker Cameron
(Reuters) - Cameron International Corp
Wed, December 07, 2011
BP faces more citations, Halliburton responds
By Ayesha Rascoe and Anna Driver
WASHINGTON (Reuters) - BP was hit with five more safety citations from the U.S. government on Wednesday, while ...
Wed, December 07, 2011
Halliburton says BP wrong on cement tests
(Reuters) - Halliburton Co on Wednesday disputed BP Plc's allegations in a court filing that it had destroyed evidence related to its cement work ...
Tue, December 06, 2011
BP says Halliburton destroyed Gulf spill evidence
By Jonathan Stempel
(Reuters) - BP Plc
Tue, December 06, 2011
High oil prices may threaten growth: BP
DOHA (Reuters) - The fragile economic recovery could be negatively affected by high oil prices, especially in the United States, BP's
Mon, December 05, 2011
BP says Halliburton destroyed Gulf spill evidence
By Jonathan Stempel
(Reuters) - BP Plc accused Halliburton Co of destroying evidence that the oilfield services company did inadequate cement work on the Gulf ...
Thu, October 13, 2011
TNK-BP shareholder ups BP court claim to $13 billion
MOSCOW (Reuters) - A minority shareholder in TNK-BP
Wed, October 12, 2011
BP gets upper hand in Russian court battle
MOSCOW (Reuters) - A Russian court is expected to throw out a $2.8 billion lawsuit against two BP
Wed, September 28, 2011
BP and oligarchs face off as $4.9 billion claim looms
By Tom Bergin
LONDON (Reuters) - BP
Sun, September 25, 2011
TNK-BP to pay $1.25 billion special dividend
MOSCOW (Reuters) - The board of Russia's third-largest oil producer, TNK-BP
Fri, September 23, 2011
BP files first Gulf drill plan since Macondo
By Bruce Nichols
HOUSTON (Reuters) - BP confirmed on Friday it has filed a plan with U.S. regulators to pursue its first new deepwater ...
Wed, September 21, 2011
Oil mats after BP spill pose long-term ecosystem threat: study
By Kelli Dugan
MOBILE, Alabama (Reuters) - Auburn University researchers said oil mats submerged in the seabed more than a year after the biggest oil ...
Fri, September 16, 2011
BP executives get U.S. investor lawsuit dismissed
By Moira Herbst
(Reuters) - Current and former BP
Fri, September 16, 2011
Analysis: BP oil spill report may prompt $30 billion pay-out
By Tom Bergin
LONDON (Reuters) - Findings of the second major investigation by the government into the 2010 Gulf of Mexico oil spill, may press ...
Thu, September 15, 2011
U.S. gets set to sanction BP, contractors
By Ayesha Rascoe
WASHINGTON (Reuters) - The U.S. offshore drilling regulator could issue sanctions as early as next week against BP and the major ...
Tue, September 13, 2011
U.S. blames BP for Gulf spill
By Ayesha Rascoe and Anna Driver
WASHINGTON/HOUSTON (Reuters) - The United States heaped the lion's share of blame for the country's biggest ...
Sun, September 11, 2011
Ex-BP boss Hayward may quit TNK-BP board
LONDON (Reuters) - Former BP
Wed, September 07, 2011
Ex-BP boss Hayward makes $4 billion bet on Genel Energy
By Tom Bergin
LONDON (Reuters) - Former BP boss Tony Hayward has returned to the oil business with an agreement to acquire Turkish explorer Genel ...
Tue, September 06, 2011
Ex-BP boss to seal return with $4 billion Iraq deal
By Tom Bergin
LONDON (Reuters) - Tony Hayward, who stepped down as BP
Mon, September 05, 2011
BP boss Dudley says investors are "frustrated"
LONDON (Reuters) - BP
Fri, September 02, 2011
Halliburton sues BP for defamation over Gulf spill
(Reuters) - Halliburton Co
Fri, September 02, 2011
Analysis: Damages ruling may be pivotal in BP case
By Moira Herbst
NEW YORK (Reuters) - A key court ruling in the Gulf of Mexico oil spill litigation could change the landscape in the ...
Fri, September 02, 2011
BP says Russian lawsuit "absurd," to reopen office soon
MOSCOW (Reuters) - BP said on Friday that a lawsuit that led to Russian bailiffs raiding its Moscow office this week was "absurd" and that ...
Wed, August 31, 2011
New blow for BP in Russia as office raided
By Vladimir Soldatkin
MOSCOW (Reuters) - Black-clad special forces raided BP's Moscow offices on Wednesday, deepening the British company's problems in Russia after ...
Fri, August 26, 2011
U.S. oil-spill ruling pleases plaintiff lawyers
NEW YORK (Reuters) - Plaintiff lawyers claimed a victory on Friday when a federal judge overseeing hundreds of lawsuits against BP and others over last ...
Thu, August 25, 2011
Polar bear death at BP oil field under investigation
By Yereth Rosen
ANCHORAGE, Alaska (Reuters) - Federal authorities are investigating the fatal shooting of a polar bear at an Alaska oil field operated by ...
Tue, August 23, 2011
BP fund has paid out $5 billion to Gulf spill victims
By Moira Herbst
NEW YORK (Reuters) - BP Plc has paid out more than $5 billion to 204,434 victims of last year's massive ...
Wed, August 17, 2011
Marshall Islands report blames behavior for BP spill
HOUSTON/WASHINGTON (Reuters) - Failure to react to repeated signs of problems with BP Plc's Macondo oil well in the Gulf of Mexico and ...
Tue, July 26, 2011
BP and Phibro join Q2 oil market losers
By Dmitry Zhdannikov and Braden Reddall
LONDON/SAN FRANCISCO (Reuters) - Global giant BP
Tue, July 26, 2011
BP fails to convince investors on strategy
By Tom Bergin
LONDON (Reuters) - BP Plc Chief Executive Bob Dudley's pledge of strong long-term growth failed to reassure investors concerned about the ...
Tue, July 26, 2011
BP tries to soothe investor ire as profits lag forecast
LONDON (Reuters) - BP PLC Chief Executive Bob Dudley tried to soothe investor frustration at the oil major's sluggish share price by promising rapid ...
Fri, July 22, 2011
U.S. delays final report on BP oil spill probe
By Ayesha Rascoe
WASHINGTON (Reuters) - A U.S. team probing the causes of last year's massive BP oil spill has delayed the release ...
Fri, July 22, 2011
BP investors turn up heat on CEO Dudley
By Tom Bergin
LONDON, Jul (Reuters) - BP boss Bob Dudley is under pressure to clear up confused strategy and revive the oil giant's ...
Mon, July 18, 2011
BP pipeline leaks oily mixture onto Alaskan tundra
By Tom Bergin and Yereth Rosen
LONDON/ANCHORAGE (Reuters) - BP reported yet another pipeline leak at its Alaskan oilfields, frustrating the oil giant's ...
Wed, July 13, 2011
Mississippi sues Feinberg, BP fund
By Moira Herbst
NEW YORK (Reuters) - Mississippi Attorney General Jim Hood filed a lawsuit on Tuesday to force Kenneth Feinberg, administrator of BP's ...
Wed, June 22, 2011
One killed in accident at BP Carson refinery: local media
Bangalore (Reuters) - A person was killed in an accident at BP refinery in Carson, California, a local media news report said.
"A longtime employee ...
Wed, June 22, 2011
Transocean report pins oil spill blame on BP
By Matt Daily
NEW YORK (Reuters) - Oil driller Transocean Ltd blamed BP Plc in a report released on Wednesday for last year's Gulf ...
Sun, May 29, 2011
BP spill fund winding down after $4 billion paid out: report
LONDON (Reuters) - The fund BP
Fri, May 20, 2011
BP cuts oil spill burden with $1.1 billion Mitsui deal
By Tom Bergin
LONDON (Reuters) - BP <BP.L> <BP.N> struck a key victory in its battle to share the cost of the Gulf ...
Wed, May 18, 2011
Medvedev raps Sechin over BP-Rosneft deal failure
By Alexei Anishchuk and Vladimir Soldatkin
SKOLKOVO/PURPE, Russia (Reuters) - Russian President Dmitry Medvedev rapped Premier Vladimir Putin's top deal maker on Wednesday ...
Tue, May 17, 2011
BP's Arctic oil deal with Rosneft collapses
By Vladimir Soldatkin and Tom Bergin
MOSCOW/LONDON (Reuters) - BP's plan to gain a foothold in Russia's offshore Arctic oilfields through a ...
Tue, May 17, 2011
Rosneft to drop BP, seek Arctic partners: source
MOSCOW (Reuters) - Rosneft <ROSN.MM> will pull out of its proposed strategic alliance with BP <BP.L> and launch a search for new partners ...
Tue, May 17, 2011
No deal in BP-Rosneft-AAR talks: source
MOSCOW (Reuters) - Talks between BP <BP.L>, Rosneft <ROSN.MM> and the Russian shareholders in BP's Russian venture TNK-BP <TNBP.MM> have failed ...
Sat, May 14, 2011
BP faces tight deadline to seal Rosneft share swap
By Tom Bergin
LONDON (Reuters) - BP <BP.L> will struggle to meet a Monday deadline to complete its $16 billion share swap with Russian ...
Fri, May 13, 2011
BP CEO sees Rosneft share swap solution over time
ST GALLEN, Switzerland (Reuters) - BP <BP.L> chief executive Bob Dudley said on Friday talks were ongoing about its planned share swap with Russian ...
Tue, May 03, 2011
BP to pay $25 million penalty over Alaska oil spill
WASHINGTON (Reuters) - BP has agreed to pay a $25 million civil penalty plus interest to settle a federal investigation into a 2006 pipeline oil ...
Tue, May 03, 2011
U.S. to settle with BP over Alaska oil pipe spill
WASHINGTON (Reuters) - The government said it will announce on Tuesday a "major" settlement with BP Plc over an oil pipeline spill on Alaska's ...
Wed, April 27, 2011
BP, Conoco profits disappoint as output sags
By Matt Daily
NEW YORK (Reuters) - BP Plc <BP.L> and ConocoPhillips <COP.N> reported disappointing quarterly profits on Wednesday as the big oil ...
Wed, April 27, 2011
BP expects to restart drilling in Gulf in H2
LONDON (Reuters) - BP said on Wednesday it expected to be back drilling in the Gulf of Mexico in the second half of the year ...
Wed, April 27, 2011
BP profits hit by Gulf oil spill
By Tom Bergin
LONDON (Reuters) - BP Plc <BP.L> reported a 2 percent drop in first-quarter profit, falling short of analysts' forecasts as the ...
Tue, April 26, 2011
BP profit growth seen weak after disposals
By Tom Bergin
LONDON (Reuters) - BP Plc <BP.L> is expected to post the weakest rise in first-quarter profits among big oil companies on ...
Tue, April 26, 2011
Power cuts hit BP, Marathon, Valero Texas plants
By Erwin Seba
HOUSTON (Reuters) - Refineries operated by BP Plc, Marathon Oil and Valero Energy Corp accounting for a combined 765,000 barrels of ...
Tue, April 26, 2011
BP Texas City loses power, residents warned
By Erwin Seba
HOUSTON (Reuters) - BP Plc's 475,000 barrel per day (bpd) refinery in Texas City, Texas, lost power at about 10 ...
Sun, April 24, 2011
BP gets legal boost from U.S. Coast Guard report
LONDON (Reuters) - BP Plc's court claim against Transocean Ltd has received a boost after the United States Coast Guard found the rig owner ...
Thu, April 21, 2011
BP to provide $1 billion for oil spill projects
WASHINGTON (Reuters) - BP Plc has agreed to provide $1 billion for projects in the Gulf of Mexico to restore natural resources damaged by last ...
Thu, April 21, 2011
Lawsuits fly in BP's Gulf spill blame game
By Tom Bergin and Moira Herbst
LONDON/NEW YORK (Reuters) - A barrage of court claims pitting BP Plc against its partners in the Gulf ...
Wed, April 20, 2011
BP sues Transocean for $40 billion over oil spill
By Jonathan Stempel and Paritosh Bansal
NEW YORK (Reuters) - On the first anniversary of the Gulf of Mexico oil spill, BP Plc sued Transocean ...
Wed, April 20, 2011
For $20 billion BP claims fund, legal challenges loom
By Moira Herbst
NEW YORK (Reuters) - On the one-year anniversary of the Gulf oil spill, BP Plc is facing challenges to its effort to ...
Wed, April 20, 2011
BP narrowly misses out on safety award
LONDON (Reuters) - BP, the oil giant responsible for the worst oil spill in U.S. history, came close to winning a safety award from ...
Fri, April 15, 2011
A year on, Gulf still grapples with BP oil spill
By Anna Driver and Matthew Bigg
VENICE, La./WAVELAND, Mississippi (Reuters) - When a BP oil rig exploded and sank in the Gulf of Mexico ...
Fri, April 15, 2011
BP faces angry oil spill protesters at AGM
By Tom Bergin
LONDON (Reuters) - BP's annual shareholder meeting was disrupted by campaigners protesting against the oil giant's role in the Gulf ...
Fri, April 15, 2011
BP's Russian partners talk tough in Rosneft dispute
By Vladimir Soldatkin and Tom Bergin
MOSCOW/LONDON (Reuters) - BP's partners in its Russian venture TNK-BP rejected the UK oil major's attempts ...
Fri, April 15, 2011
TNK-BP Russian partners seek BP offer over Rosneft
MOSCOW (Reuters) - BP's Russian partners in TNK-BP said on Friday they expect "sensible proposals" from the British oil major to resolve the deadlock ...
Thu, April 14, 2011
BP Alaska president pleads for lower state taxes
By Yereth Rosen
ANCHORAGE, Alaska (Reuters) - Alaska must lower its state oil production taxes to attract the investment needed to boost dwindling flow in ...
Thu, April 14, 2011
BP faces angry oil spill protesters at AGM
By Tom Bergin
LONDON (Reuters) - BP's <BP.L> annual shareholder meeting was disrupted by campaigners protesting against the oil giant's role in ...
Tue, April 12, 2011
BP's Rosneft deal more uncertain after Sechin quits
By Tom Bergin
LONDON (Reuters) - BP's <BP.L> planned $18 billion tie-up with Russia's Rosneft <ROSN.MM> was looking even more uncertain ...
Mon, April 11, 2011
Florida beaches get $30 million tourism boost from BP
By Michael Peltier
TALLAHASSEE, Fla (Reuters) - Hoping to bring tourists back to Florida's Panhandle beaches, Governor Rick Scott joined BP officials and local ...
Mon, April 11, 2011
BP buyout of TNK-BP partners seen unlikely for now
By Douglas Busvine and Tom Bergin
MOSCOW/LONDON (Reuters) - BP <BP.L> is not expected to attempt a buyout of its oligarch partners in ...
Sun, April 10, 2011
Ex-BP boss eyes trio for new investment fund: report
LONDON (Reuters) - Petrofac <PFC.L> chairman Rodney Chase, ex-Corus chairman Jim Leng and former Enterprise Oil chairman Graham Hearne are expected to be asked ...
Thu, April 07, 2011
Scientists link oil on dolphins to BP spill
By Leigh Coleman
BILOXI, Mississippi (Reuters) - Scientists confirmed on Thursday that they have discovered oil on dead dolphins found along the U.S. Gulf ...
Mon, April 04, 2011
U.S. says no deal with BP as it seeks to drill again
By Mica Rosenberg and Ayesha Rascoe
MEXICO CITY/WASHINGTON (Reuters) - The U.S. government lashed out at companies at the heart of last year ...
Sun, April 03, 2011
U.S. drilling agency says no deal with BP
LONDON (Reuters) - The U.S. Bureau of Ocean Energy Management said on Sunday it had not struck a deal with BP to allow the ...
Thu, March 31, 2011
U.S. lawyers say BP, spill partners harmed cleanup crew
BANGALORE (Reuters) - BP Plc and other companies who had used chemical dispersants to fight the 2010 Gulf of Mexico oil spill should compensate the ...
Tue, March 29, 2011
BP shares hit by manslaughter report, downgrade
By Tom Bergin and Dominic Lau
LONDON (Reuters) - Shares in oil major BP <BP.L> fell on Tuesday on a report the company's ...
Fri, March 25, 2011
U.S. OKs 6th deepwater drill permit since BP spill
WASHINGTON (Reuters) - The U.S. Interior Department said on Friday it approved a permit for Statoil <STL.OL> to drill for oil in the ...
Fri, March 25, 2011
Russia's Rosneft to push ahead with BP Arctic pact
By Sarah Young and Olesya Astakhova
LONDON/MOSCOW (Reuters) - Russia's Rosneft <ROSN.MM> vowed to push ahead with a strategic alliance with BP ...
Wed, March 23, 2011
U.S. examines blowout preventer in BP oil spill
By Tom Doggett and Ayesha Rascoe
WASHINGTON (Reuters) - The failure of the underwater blowout preventer that led to the massive BP oil spill in ...
Tue, March 22, 2011
U.S. OKs 4th deepwater drilling permit since BP spill
WASHINGTON (Reuters) - The U.S. Interior Department said on Tuesday it approved a permit for Exxon Mobil <XOM.N> to drill in the deep ...
Sun, March 20, 2011
BP resumes ops after power surges at Texas City refinery
(Reuters) - (Adds status update in paragraph two)
BP Plc reported flaring due to power surges on Sunday at its 437,000 barrel per day ...
Sun, March 20, 2011
BP reports flaring at L.A.-area refinery: filing
HOUSTON (Reuters) - BP Plc reported flaring due to a breakdown at its 265,000 barrel per day (bpd) Los Angeles-area refinery in Carson, California ...
Sat, March 12, 2011
TNK-BP partners reject BP's Rosneft olive branch
MOSCOW (Reuters) - BP's partners in Russian joint venture TNK-BP have rejected a peace proposal by the British oil major to involve them in ...
Fri, March 11, 2011
BP Gulf Spill Will Be Turned Into A Movie
This was bound to happen eventually. After all, it only took Hollywood five years to make not one, but two 9/11 movies so ...
Thu, March 10, 2011
BP oil spill offers clues on air pollution: study
WASHINGTON (Reuters) - The BP oil spill that sent 4 million barrels of crude into the Gulf of Mexico last year also created air pollution ...
Tue, March 08, 2011
BP's Robert Dudley apologizes for Gulf spill
HOUSTON (Reuters) - BP Plc's <BP.L> <BP.N> Chief Executive Robert Dudley issued an industry-wide apology for the worst offshore spill in U ...
Fri, March 04, 2011
Government says BP's Atlantis platform is safe
By Ayesha Rascoe
WASHINGTON (Reuters) - A government probe of BP Plc's <BP.L> Atlantis production platform in the Gulf of Mexico found no ...
Thu, March 03, 2011
BP denies bonuses to top executives after spill
By Sarah Young and Alex Lawler
LONDON (Reuters) - BP will not pay bonuses for 2010 to the top executives whose divisions were involved in ...
Tue, March 01, 2011
TNK-BP offers to buy BP stake for $8.16 billion: report
LONDON (Reuters) - TNK-BP <TNKBP.UL> has offered to buy a 5 percent stake in BP for 5 billion pounds ($8.16 billion) in an ...
Tue, March 01, 2011
BP meds may help some people without high BP: study
By Frederik Joelving
NEW YORK (Reuters Health) - A thorough look at the medical evidence suggests people who've had a stroke or a heart ...
Tue, March 01, 2011
U.S. to study health impact of BP oil spill
WASHINGTON (Reuters) - The U.S. National Institutes of Health has launched a massive, long-range health study of people who helped clean up last year ...
Mon, February 28, 2011
BP fund, Feinberg face lawsuits by claimants
By Moira Herbst
NEW YORK (Reuters Legal) - BP Plc's <BP.L> fund to compensate victims of the worst oil spill in U.S ...
Fri, February 25, 2011
TNK-BP shareholders accuses BP of "sabotage": source
MOSCOW/LONDON (Reuters) - BP's <BP.L> shareholders failure to attend the board meeting of its Russian venture, TNK-BP <TNBP.MM>, "sabotaging" the arbitration ...
Fri, February 25, 2011
TNK-BP ditches BP "green" colors after Gulf spill
By Jessica Bachman
MOSCOW (Reuters) - BP's Russian arm, TNK-BP, has done away with BP's trademark eco-friendly colors on its website in favor ...
Mon, February 21, 2011
BP partners Reliance in $7.2 billion Indian oil hunt
By Sarah Young and Jo Winterbottom
LONDON/NEW DELHI (Reuters) - BP <BP.L> lined up one of the biggest foreign direct investments in India ...
Mon, February 21, 2011
BP suspends gas, oil drilling preparations in Libya
LONDON (Reuters) - BP PLC <BP.L> has suspended preparations for exploratory drilling for oil and gas in western Libya due to growing unrest in ...
Thu, February 17, 2011
BP workers could have prevented rig accident: commission
By Ayesha Rascoe
WASHINGTON (Reuters) - BP had workers on the doomed Deepwater Horizon rig who could have prevented the missteps that led to the ...
Mon, February 14, 2011
BP faces new oil spill lawsuit by Ohio, NY funds
NEW YORK (Reuters) - State pension funds in Ohio and New York filed an amended complaint against BP Plc seeking to recover investment losses due ...
Fri, February 11, 2011
TNK-BP's shareholders can't block dividend: report
MOSCOW (Reuters) - BP's Russian partners in its TNK-BP <TNBP.MM> joint venture are unable to block full dividend payout as a shareholding agreement ...
Thu, February 10, 2011
BP claims process enters new, uncertain phase
By Moira Herbst
NEW YORK, Feb 10 (Reuters Legal) - Kenneth Feinberg, the formerly freewheeling administrator of BP Plc's fund to compensate victims of ...
Wed, February 09, 2011
Judge rules for Alaskan family in BP oilfield dispute
By Yereth Rosen
ANCHORAGE, Alaska (Reuters) - A federal judge has ordered the U.S. Bureau of Indian Affairs to pay $4.92 million to ...
Sun, February 06, 2011
BP ex-CEO in talks on Abu Dhabi oil firm: report
LONDON (Reuters) - Former BP boss Tony Hayward has been approached to launch a new Abu Dhabi-backed oil firm less than six months after he ...
Thu, February 03, 2011
Pressure on Kenneth Feinberg to disclose BP pay deal
By Moira Herbst
NEW YORK, Nov 22 (Reuters Legal) - There has never been anything quite like Kenneth Feinberg's $20 billion Gulf Coast Claims ...
Wed, February 02, 2011
Judge finds Feinberg not independent of BP
By Tom Hals
WILMINGTON, Delaware (Reuters) - The administrator of BP Plc's $20 billion fund to compensate victims of the Gulf oil spill is ...
Wed, February 02, 2011
U.S. probes BP for gas market manipulation
LONDON (Reuters) - BP said U.S. regulators were considering filing charges against it related to alleged manipulation of the gas market.
"The U.S ...
Tue, February 01, 2011
BP fund underpays oil spill victims: Mississippi
By Leigh Coleman
BILOXI, Mississippi (Reuters) - U.S. courts must compel the administrator of BP's $20 billion oil spill fund to meet his ...
Sun, January 30, 2011
BP seeks fast track arbitration with TNK-BP
LONDON (Reuters) - BP wants to enter "fast track arbitration" to settle a dispute with Russian shareholders in its TNK-BP joint venture over the British ...
Thu, January 27, 2011
BP seen reinstating dividend
By Tom Bergin
LONDON (Reuters) - Oil giant BP Plc is expected to reinstate its dividend when it unveils fourth quarter earnings on Tuesday, after ...
Sun, January 23, 2011
Former BP CEO in talks over Glencore role: report
LONDON (Reuters) - Tony Hayward, the former head of BP who was reviled in the United States for his handling of the Gulf of Mexico ...
Thu, January 20, 2011
Rep. Markey seeks immediate review of BP-Rosneft
WASHINGTON (Reuters) - Representative Edward Markey on Thursday asked Treasury Secretary Timothy Geithner to launch an immediate investigation into a $16 billion share-swap plan between ...
Mon, January 17, 2011
Caution sets in after BP-Rosneft deal
By Tom Bergin
LONDON (Reuters) - Investors and analysts gave a cautious welcome to BP's <BP.L> share swap and Arctic exploration deal with ...
Mon, January 17, 2011
TNK-BP partners probe BP's Rosneft tie-up: report
LONDON (Reuters) - BP's <BP.L> billionaire partners in TNK-BP <TNKBP.UL> are examining whether the London-based oil major's share swap and arctic ...
Sun, January 16, 2011
Australia grants exploration permits to BP, Woodside
By Rob Taylor
CANBERRA (Reuters) - Australia granted offshore petroleum exploration permits to BP on Monday in a vote of confidence after last year's ...
Sat, January 15, 2011
BP's U.S. spill experience a plus: Russian Minister
MOSCOW (Reuters) - A Russian minister said BP's experience in cleaning up the catastrophic Gulf of Mexico oil spill was one of the reasons ...
Fri, January 14, 2011
Rift emerges among plaintiffs' lawyers in BP litigation
By Moira Herbst
NEW YORK, Jan 14 (Reuters Legal) - Plaintiffs' lawyers battling BP Plc in the oil-spill litigation may be united in the desire ...
Fri, January 14, 2011
BP says in talks with Russia's Rosneft
By Tom Bergin
LONDON (Reuters) - Oil major BP Plc <BP.L>, recovering from its Gulf of Mexico oil spill, said it is in talks ...
Thu, January 06, 2011
Bacteria gobbled methane from BP spill: scientists
By Deborah Zabarenko, Environment Correspondent
WASHINGTON (Reuters) - Bacteria ate nearly all the potentially climate-warming methane that spewed from BP's broken wellhead in the ...
Thu, January 06, 2011
BP, Transocean shrug off scathing oil spill report
LONDON (Reuters) - Shares in BP Plc and Transocean shrugged off a scathing report from U.S. Presidential panel which blamed the United States' worst ...
Wed, January 05, 2011
BP and firms made risky decisions before spill: report
By Ayesha Rascoe
WASHINGTON (Reuters) - BP and its partners made a series of cost-cutting decisions that ultimately contributed to the oil spill that ravaged ...
Tue, January 04, 2011
BP shares hit 6-month high after Shell bid report
By Tom Bergin
LONDON (Reuters) - Shares in oil major BP hit a six-month high on Tuesday after reports rival Royal Dutch Shell considered a ...
Tue, December 28, 2010
Ohio and New York state pensions named plaintiffs in BP case
NEW YORK (Reuters) - State pension funds in Ohio and New York were named lead plaintiffs in a shareholder suit against BP Plc that alleges ...
Tue, December 28, 2010
Baldwin sues Costner over BP deal
The Dances With Wolves star and his inventor brother were among the saviours of the BP oil spill disaster earlier this year (10), thanks ...
Thu, December 23, 2010
Stephen Baldwin sues Kevin Costner in BP Oil drama
By Eriq Gardner
LOS ANGELES (Hollywood Reporter) - In the midst of the oil spill in the Gulf of Mexico by BP drilling rig, Deepwater ...
Thu, December 16, 2010
BP investors spooked by oil spill lawsuit
By Tom Bergin and Sarah Young
LONDON (Reuters) - Oil major BP was the biggest faller on Britain's blue-chip board on Thursday, as investors ...
Wed, December 15, 2010
BP had gas blowout in 2008: WikiLeaks
NEW YORK (Reuters) - Leaked U.S. diplomatic cables reveal BP <BP.L> suffered a blowout on an Azerbaijan gas platform in September 2008 and ...
Wed, December 15, 2010
Obama administration sues BP, others over Gulf spill
By Jeremy Pelofsky and James Vicini
WASHINGTON (Reuters) - The Obama administration on Wednesday launched a legal battle against BP Plc and its partners by ...
Wed, December 08, 2010
"Inept" moves preceded BP spill: U.S. panel co-chair
By Ayesha Rascoe
WASHINGTON (Reuters) - BP and its contractors made a series of decisions that were "breathtakingly inept" ahead of the largest offshore oil ...
Fri, December 03, 2010
BP says spill flow lower than government estimate: panel
By Ayesha Rascoe
WASHINGTON (Reuters) - BP Plc believes the actual flow rate of its massive oil spill in the Gulf of Mexico may have ...
Wed, December 01, 2010
Special report: How BP's oil spill costs could double
By Tom Bergin
LONDON (Reuters) - Last month, BP increased by $8 billion the financial provisions it was taking for the Gulf of Mexico oil ...
Mon, November 29, 2010
BP rises after sells Argentine stake for $7 billion
By Tom Bergin
LONDON (Reuters) - Shares in oil major BP <BP.L> rose on Monday after the company said at the weekend that it ...
Sun, November 28, 2010
BP to sell Pan American stake to Bridas for $7 billion
By Tom Bergin
LONDON (Reuters) - BP said it had agreed to sell its stake in Argentina-based oil and gas group Pan American Energy (PAE ...
Wed, November 24, 2010
BP Gulf cleanup official killed in plane crash
HOUSTON (Reuters) - An official of BP Plc's Gulf oil spill program and two family members died in a plane crash on Tuesday night ...
Wed, November 24, 2010
T.Boone's BP Capital adds BP shares
By Jeanine Prezioso
NEW YORK (Reuters) - BP Capital, the investment management firm led by billionaire energy investor T. Boone Pickens, has purchased shares of ...
Wed, November 24, 2010
BP made risky decisions before spill-panel document
By Ayesha Rascoe
WASHINGTON (Reuters) - BP <BP.L> made a series of decisions while drilling its doomed Macondo well that saved time but added ...
Wed, November 24, 2010
File BP oil spill claims early, administrator says
By Bruce Nichols
HOUSTON (Reuters) - The administrator of BP Plc's $20-billion fund for victims of the worst U.S. offshore oil spill on ...
Fri, November 19, 2010
BP says it won't fight cap waiver on spill damages
By Moira Herbst
NEW YORK, Nov 19 (Reuters Legal) - BP Plc won't object to a court order legally binding the company to waive ...
Fri, November 19, 2010
BP fights court bid to lift oil-spill damages limit
By Moira Herbst
NEW YORK, Nov 19 (Reuters Legal) - BP Plc <BP.L> had said for months it would pay all legitimate damages for ...
Thu, November 18, 2010
BP's probation over Alaska oil spill challenged
By Yereth Rosen
ANCHORAGE, Alaska (Reuters) - BP's Alaska unit should have its criminal probation revoked and be subject to additional penalties because the ...
Wed, November 17, 2010
BP chairman says board to exert tougher control: report
LONDON (Reuters) - BP's <BP.L> board will tighten its oversight of the oil group's day-to-day operations following the Gulf of Mexico oil ...
Tue, November 16, 2010
BP, firms missed key errors before spill
By Ayesha Rascoe
WASHINGTON (Reuters) - Lacking standards to weigh costs against safety, BP and its partners made critical errors leading to the largest offshore ...
Mon, November 08, 2010
BP, firms did not shirk safety for money: panel
By Ayesha Rascoe
WASHINGTON (Reuters) - The White House oil spill commission said on Monday it found no evidence to support accusations that the largest ...
Mon, November 08, 2010
U.S. panel mostly agrees with BP's oil spill probe
WASHINGTON (Reuters) - The White House oil spill panel agrees with about 90 percent of the results of BP's internal investigation of the causes ...
Fri, November 05, 2010
BP gains, traders cite Exxon bid talk
LONDON (Reuters) - Shares in BP <BP.L> gained on Friday, with traders citing talk that Exxon Mobil <XOM.N> was considering a bid for ...
Tue, November 02, 2010
Toxic chemicals found deep at BP oil spill site
WASHINGTON (Reuters) - Toxic chemicals at levels high enough to kill sea animals extended deep underwater soon after the BP oil spill, U.S. researchers ...
Tue, November 02, 2010
BP ups spill cost to $40 billion, profits beat forecast
By Tom Bergin
LONDON (Reuters) - BP offered investors tentative signs of recovery on Tuesday, with a modest rise in underlying profits, as it increased ...
Tue, November 02, 2010
Mitsui unit gets $1.9 billion bill from BP for clean-up
TOKYO (Reuters) - A Mitsui & Co unit said on Tuesday that it received a bill for about $1.9 billion from BP Plc to help ...
Thu, October 28, 2010
Cement job played role in BP Macondo blowout: panel
HOUSTON (Reuters) - The foam cement that Halliburton Co. used to seal BP Plc's doomed Macondo well was unstable and may have contributed to ...
Mon, October 25, 2010
Barbers: Cut, shave, lower your BP
By Alison McCook
NEW YORK (Reuters Health) - Black men with hypertension appear to benefit from regular blood pressure checks and advice from a somewhat ...
Mon, October 25, 2010
BP CEO slams media, rivals for boosting spill fears
By Tom Bergin
LONDON (Reuters) - BP's new chief executive said its rivals and the media had helped cause a climate of fear during ...
Mon, October 25, 2010
BP sells Gulf of Mexico fields to pay for oil spill
TOKYO/LONDON (Reuters) - BP agreed to sell four fields in the deepwater of the Gulf of Mexico to Japan's Marubeni Corp for $650 ...
Mon, October 25, 2010
Marubeni to buy stakes in BP Gulf of Mexico wells
TOKYO (Reuters) - Japan's Marubeni Corp <8002.T> said on Monday it has agreed to pay $650 million for the stakes held by a ...
Fri, October 22, 2010
BP to miss Big Oil's bumper Q3 due to oil spill
By Tom Bergin
LONDON (Reuters) - BP's Gulf of Mexico oil spill meant it missed out on an industry-wide trend of higher profits and ...
Thu, October 21, 2010
Groups sue BP for harm to endangered Gulf wildlife
ATLANTA, Oct 21 (Reuters Legal) - U.S. environmental groups filed a suit on Wednesday against British-based oil giant BP Plc saying the world's ...
Tue, October 19, 2010
BP tells court it waives cap on spill liability
By Tom Hals
WILMINGTON, Delaware (Reuters) - BP Plc told a court it was committed to waiving the legal cap on its liability from the ...
Tue, October 19, 2010
BP steps up image rebuild by linking pay to safety
By Tom Bergin
LONDON (Reuters) - BP <BP.L> Chief Executive Bob Dudley has stepped up his battle to rebuild the troubled oil giant's ...
Mon, October 18, 2010
BP to link staff rewards to safety: report
NEW YORK (Reuters) - BP Plc <BP.L> said safety will be the sole criterion for judging employee performance in the fourth quarter, according to ...
Tue, October 12, 2010
Shell criticizes BP oil spill report, well design
By Tom Bergin
LONDON (Reuters) - The chief executive of Royal Dutch Shell Plc <RDSa.L> criticized the investigation that rival BP Plc <BP.L ...
Fri, October 08, 2010
BP to restructure trading arm amid profit erosion
By Yaw Yan Chong
SINGAPORE (Reuters) - Oil major BP <BP.L> is restructuring its trading arm to cut costs and focus on growth markets ...
Wed, October 06, 2010
W.House blocked BP oil spill estimates: Govt panel
By Tom Doggett
WASHINGTON (Reuters) - The White House in the spring blocked release of government worst-case estimates of the amount of oil spewing from ...
Fri, October 01, 2010
BP pledges U.S. assets to oil spill fund
LONDON (Reuters) - BP named the Gulf of Mexico assets that it will use to help finance the $20 billion fund for victims of its ...
Thu, September 30, 2010
BP unit to pay $15 million for pollution violations
WASHINGTON (Reuters) - A unit of BP Plc has agreed to pay $15 million to settle Clean Air Act violations related to fires and a ...
Wed, September 29, 2010
BP ousts exploration chief, vows to boost safety
By Tom Bergin
LONDON (Reuters) - BP Plc's incoming Chief Executive Bob Dudley has ousted the oil group's exploration and production chief following ...
Tue, September 28, 2010
Dudley faces delicate task in rebuilding BP
By Tom Bergin
LONDON (Reuters) - Bob Dudley faces a delicate task when he becomes chief executive of BP Plc on Friday: convincing investors BP ...
Mon, September 27, 2010
Al Gore's lawyer seeks to lead BP oil spill cases
WILMINGTON, Delaware (Reuters) - A high-profile attorney who represented former Vice President Al Gore in the 2000 presidential election recount has made a surprise bid ...
Mon, September 27, 2010
Alabama expects billions from BP over oil spill
BIRMINGHAM, Alabama (Reuters) - Alabama expects to receive billions of dollars in penalties from BP Plc in the wake of the oil spill in the ...
Sun, September 26, 2010
Halliburton slams "erroneous" BP rig blast report
By Tom Bergin
LONDON (Reuters) - Halliburton Co, the oilfield services company that cemented the blown-out Gulf of Mexico well which caused the United States ...
Sun, September 26, 2010
Venezuela gives BP approval to discuss assets sale
By Marianna Parraga
CARACAS (Reuters) - Venezuela has granted BP <BP.L><BP.N> permission to negotiate the sale of its assets in the South ...
Mon, September 20, 2010
BP says oil spill compensation payout rate soars
By Tom Bergin
LONDON (Reuters) - BP said payouts to people affected by its Gulf of Mexico oil spill had dramatically increased since it surrendered ...
Sat, September 18, 2010
U.S. says BP permanently "kills" Gulf of Mexico well
By Kristen Hays
HOUSTON (Reuters) - With a final shot of cement, BP Plc permanently "killed" its deep-sea well in the Gulf of Mexico that ...
Fri, September 17, 2010
Alabama says BP denies its claim over oil spill
By Matthew Bigg
ATLANTA (Reuters) - BP Plc has turned down Alabama's claim for $148 million in lost government revenue due to the worst ...
Fri, September 17, 2010
BP relief well intercepts ruptured Gulf well
HOUSTON (Reuters) - Efforts to permanently plug the world's largest offshore oil spill reached a milestone when BP Plc's crucial relief well reached ...
Wed, September 15, 2010
BP could kill Gulf well in four days: U.S.
HOUSTON (Reuters) - BP Plc's ruptured Gulf of Mexico well that caused the biggest U.S. offshore oil spill ever could be killed for ...
Wed, September 15, 2010
BP CEO defends BP safety record under MP grilling
By Tom Bergin and Dan Fineren
LONDON (Reuters) - BP Chief Executive Tony Hayward defended the oil giant's safety culture under a grilling from ...
Mon, September 13, 2010
BP and partners say most victims not yet entitled to sue
By Tom Hals
WILMINGTON, Delaware (Reuters) - BP and its partners in the blown-out Gulf well said on Monday that thousands of fishermen, seafood processors ...
Mon, September 13, 2010
BP sees oil spill claims below $20 billion: analysts
LONDON (Reuters) - BP believes compensation claims related to its Gulf of Mexico oil spill will be less than the $20 billion the oil giant ...
Sat, September 11, 2010
BP E&P boss Inglis to step down from Russian unit
By Tom Bergin
LONDON (Reuters) - BP Plc said its <BP.L> head of exploration and production, the unit responsible for the Gulf of Mexico ...
Thu, September 09, 2010
British MPs to grill BP CEO Hayward
LONDON (Reuters) - British Members of Parliament (MPs) will next week grill outgoing BP Plc Chief Executive Tony Hayward, as part of an investigation into ...
Thu, September 09, 2010
"BP Spillcam" deemed top TV word."Guido" close behind
By Zorianna Kit
LOS ANGELES (Reuters) - The Gulf of Mexico oil spill and the success of the TV show "Jersey Shore" made words like ...
Wed, September 08, 2010
BP happy to talk to Russian firms about asset sales
MOSCOW (Reuters) - Oil giant BP <BP.L> is open to talks about selling assets to Russian companies as part of its $30 billion fund ...
Wed, September 08, 2010
BP and partners trade blame for U.S. oil spill
By Tom Bergin and Ayesha Rascoe
LONDON/WASHINGTON (Reuters) - A BP Plc investigation of the Gulf of Mexico disaster played down its own role ...
Tue, September 07, 2010
BP probe to spread blame for spill: report
HOUSTON (Reuters) - BP Plc's internal probe of the deadly April 20 blowout that unleashed the massive Gulf of Mexico oil spill will assign ...
Tue, September 07, 2010
NIH to use BP cash to study spill health effects
WASHINGTON (Reuters) - The U.S. National Institutes of Health said on Tuesday it would use $10 million from BP to start a multiyear study ...
Sun, September 05, 2010
BP restarts sale of Alaskan assets: report
LONDON (Reuters) - BP <BP.L> has revived the sale of its Alaskan assets after failing to offload them to U.S. oil and gas ...
Sun, September 05, 2010
BP Gulf well "secured," awaiting final kill: U.S.
HOUSTON (Reuters) - BP Plc's ruptured Gulf of Mexico oil well is secure with no threat of spewing crude again, the top U.S ...
Thu, September 02, 2010
BP oil spill costs hit $8 billion as ends rig probe
By Tom Bergin
LONDON (Reuters) - BP Plc said the cost of dealing with its oil spill in the Gulf of Mexico had risen to ...
Wed, September 01, 2010
BP to remove equipment at Gulf well by Sunday
By Kristen Hays
HOUSTON (Reuters) - BP Plc expects to remove a failed blowout preventer atop its ruptured Gulf of Mexico oil well by Saturday ...
Mon, August 30, 2010
BP's internal probe faults its own engineers: report
BANGALORE (Reuters) - BP Plc's internal probe of the Gulf of Mexico oil spill has placed some of the blame on mistakes by its ...
Thu, August 26, 2010
Pitt considers executing BP bosses behind oil disaster
The movie star insists he's an opponent of the death penalty, but he'd make an exception for the BP bosses behind the ...
Tue, August 24, 2010
Microbes ate BP oil deep-water plume: study
By Deborah Zabarenko, Environment Correspondent
WASHINGTON (Reuters) - A Manhattan-sized plume of oil spewed deep into the Gulf of Mexico by BP's broken Macondo ...
Fri, August 20, 2010
Compensation czar takes charge of $20 billion BP fund
By Matthew Bigg
BILOXI, Mississippi (Reuters) - A $20 billion compensation fund for economic victims of the BP Plc Gulf oil spill opened for business ...
Thu, August 19, 2010
Mother claims child died due BP refinery pollution
By Erwin Seba
HOUSTON (Reuters) - A woman sued BP Plc's North American subsidiary on Thursday, claiming excess pollution from the company's refinery ...
Wed, August 18, 2010
Final BP well plug delayed until September
By Kristen Hays
HOUSTON (Reuters) - BP Plc likely won't put the final plug in its blown-out Gulf of Mexico oil well until September ...
Mon, August 16, 2010
BP, U.S. government to decide well kill plan soon
By Kristen Hays
HOUSTON (Reuters) - BP Plc and government scientists should decide in the next day or two how to go about killing the ...
Mon, August 16, 2010
BP spill health effects need to be tracked: experts
By Julie Steenhuysen
CHICAGO (Reuters) - Doctors in the Gulf Coast region need to be alert to both the short and long-term health effects of ...
Fri, August 13, 2010
Alabama sues BP for "catastrophic" Gulf oil spill
By Verna Gates
BIRMINGHAM, Alabama (Reuters) - Alabama is suing BP Plc, Transocean and Halliburton for "catastrophic harm" caused by the Gulf of Mexico oil ...
Fri, August 13, 2010
Pressure test complete on blown-out Gulf well: BP
HOUSTON (Reuters) - BP Plc said on Friday it has completed a pressure test on its blown-out Gulf of Mexico well and those results are ...
Thu, August 12, 2010
BP to pay $50.6 million fine for Texas refinery blast
By Erwin Seba
HOUSTON (Reuters) - BP Plc will pay a record $50.6 million fine for lingering safety problems from a deadly 2005 explosion ...
Thu, August 12, 2010
BP resumes work on relief well at Gulf spill
HOUSTON (Reuters) - BP Plc said on Thursday work has resumed work on a relief well next to its blown-out Macondo well in the Gulf ...
Mon, August 09, 2010
BP says oil spill costs hit $6.1 billion
LONDON (Reuters) - BP <BP.L> said the cost of dealing with its ruptured oil well in the Gulf of Mexico has risen to $6 ...
Fri, August 06, 2010
BP stock gains ground, but major resistance looms
By Blaise Robinson
PARIS (Reuters) - Shares in BP <BP.L> rose 1.2 percent in London on Friday, taking their bounce since the near ...
Wed, August 04, 2010
White House: No one owes BP's Hayward an apology
WASHINGTON (Reuters) - The White House said on Wednesday it owed no apology to former BP chief executive Tony Hayward, after welcoming a report that ...
Wed, August 04, 2010
Browner: vast majority of BP spill oil collected
WASHINGTON (Reuters) - Most of the oil from the BP spill in the Gulf of Mexico is gone thanks to containment, burning and skimming measures ...
Wed, August 04, 2010
Nearly 3/4 of BP spill oil gone from Gulf
By Deborah Zabarenko, Environment Correspondent
WASHINGTON (Reuters) - Nearly three-fourths of oil from the BP spill is gone from the Gulf of Mexico, with 26 ...
Tue, August 03, 2010
BP sends Japan's Mitsui $480 million bill for leak
By Mariko Katsumura
TOKYO (Reuters) - Japanese trading house Mitsui & Co <8031.T> said BP Plc <BP.L> has sent it a $480 million bill ...
Mon, August 02, 2010
SEC probes BP potential insider trading: sources
By Rachelle Younglai and Svea Herbst-Bayliss
WASHINGTON/BOSTON (Reuters) - U.S. securities regulators are investigating whether people may have illegally profited from trading on ...
Mon, August 02, 2010
BP's Dudley to meet top Russian energy official
MOSCOW (Reuters) - BP's <BP.L> newly appointed Chief Executive Bob Dudley and outgoing CEO Tony Hayward will meet Russia's top energy official ...
Mon, August 02, 2010
Singapore ex-BP employees seek to set aside search order
By Yaw Yan Chong and Luke Pachymuthu
SINGAPORE (Reuters) - Six former BP employees sued by the oil major for breach of contract in Singapore ...
Sun, August 01, 2010
BP distributors consider reverting to Amoco brand
WASHINGTON (Reuters) - Some BP gas station owners in the United States want to drop the BP name and return to the Amoco brand to ...
Sun, August 01, 2010
BP could start "static kill" on well Monday says official
HOUSTON (Reuters) - A key two-step procedure to seal BP Plc.'s Macondo well could begin late on Monday, the top U.S. oil spill ...
Sun, August 01, 2010
Congress questions BP's use of dispersants in Gulf
By Deborah Zabarenko and Ross Colvin
WASHINGTON (Reuters) - BP's use of dispersant chemicals on the Gulf of Mexico oil spill is sparking questions ...
Sat, July 31, 2010
BP may sell German gas stations for $2.6 billion: report
VIENNA (Reuters) - BP Plc is seeking to sell its German petrol station chain Aral for around 2 billion euros ($2.6 billion), German magazine ...
Fri, July 30, 2010
BP to set aside $100 million for unemployed rig workers
HOUSTON (Reuters) - BP Plc said on Friday it will establish a $100 million fund to help drilling rig workers in the Gulf of Mexico ...
Tue, July 27, 2010
Ron Johnson: Unsure If He'll Sell BP Stock
MADISON, Wis. (WTAQ) - Republican U.S. Senate candidate Ron Johnson is now wavering on whether to sell up to $315,000 in BP oil ...
Sun, July 25, 2010
Fraudsters angle for piece of BP oil spill fund
By Alexandria Sage
BOOTHVILLE, Louisiana (Reuters) - Swindlers, scammers and even a few strippers are flocking to the Gulf Coast in search of a piece ...
Sun, July 25, 2010
BP CEO to walk away with $18 million: report
LONDON (Reuters) - BP Chief Executive Tony Hayward will collect a pay and pension package worth at least 11.8 million pounds ($18.03 million ...
Sat, July 24, 2010
BP stalls payments to oil spill victims: Feinberg
By Leigh Coleman
BAYOU LE BATRE, Alabama (Reuters) - British energy giant BP Plc is holding up payments to economic victims of the Gulf of ...
Thu, July 22, 2010
UK dividends to fall 6.5% in 2010 due to BP: study
LONDON (Reuters) - Dividend payments by London-listed companies will fall 6.5 percent this year, mainly because BP suspended payouts after the Gulf of Mexico ...
Wed, July 21, 2010
Senate asking BP CEO to testify on Lockerbie
By Susan Cornwell
WASHINGTON (Reuters) - A U.S. Senate panel is inviting BP Plc chief executive Tony Hayward to testify next week at a ...
Wed, July 21, 2010
New York and Ohio want to lead BP lawsuits
By Jonathan Stempel
NEW YORK (Reuters) - New York and Ohio have asked a federal judge to appoint them lead plaintiffs to handle shareholder class-action ...
Wed, July 21, 2010
Asking For An Investigation Of BP
UNDATED (WKZO) -- Did British Petroleum work an oil-for-terrorist swap to free the only man convicted for the bombing of Pan Am Flight 103? U ...
Tue, July 20, 2010
BP's Hayward to step down within 10 weeks: report
LONDON (Reuters) - BP Chief Executive Tony Hayward is to step down within the next 10 weeks, The Times reported on Wednesday.
Hayward has been ...
Tue, July 20, 2010
BP to sell $7 billion in assets to Apache
By Anna Driver
HOUSTON (Reuters) - BP Plc <BP.L> <BP.N> said on Tuesday it reached a deal to sell $7 billion in assets ...
Tue, July 20, 2010
BP to sell Vietnam assets to help pay oil spill costs
By Tom Bergin
LONDON (Reuters) - BP <BP.L> said it is to sell gas fields and an associated pipeline and terminal in Vietnam, worth ...
Tue, July 20, 2010
Plummeting BP Stock Affecting State Investment Board
MADISON, Wis. (WTAQ) - The board that manages Wisconsin’s public employee retirement system has a lot of BP stock that’s now plummeting due ...
Tue, July 20, 2010
Obama and Cameron tread cautiously on BP
By Matt Spetalnick and Matt Falloon
WASHINGTON (Reuters) - British Prime Minister David Cameron on Tuesday rejected calls for an inquiry into whether BP Plc ...
Mon, July 19, 2010
Allen: Gulf Seepage Probably Not Related To BP Well
WASHINGTON, D.C. (WTAQ) - Seepage spotted about 2 miles from BP's now-capped oil well in the Gulf of Mexico is probably not related ...
Sun, July 18, 2010
British PM's visit to U.S. clouded by BP worries
By Matt Falloon
LONDON (Reuters) - David Cameron hopes his first trip to Washington as British prime minister will showcase a flourishing friendship with President ...
Sat, July 17, 2010
More Tests Needed on BP's Capped Oil Well
HOUSTON (Reuters) - BP Plc's blown-out Gulf of Mexico well appeared strong enough to keep oil from leaking on Saturday, but ...
Thu, July 15, 2010
BP shares rise after crude leak stopped
HOUSTON (Reuters) - U.S.-listed shares of BP Plc <BP.L> <BP.N> jumped 7.6 percent on Thursday after a company executive said ...
Thu, July 15, 2010
Senate panel sets hearing on BP-Lockerbie case
WASHINGTON (Reuters) - The U.S. Senate Foreign Relations Committee has scheduled a July 29 hearing into last year's release of a Libyan convicted ...
Thu, July 15, 2010
BP: No Oil Leaking From Gulf Well
HOUSTON, Wis. (WTAQ) - The flow of oil into the Gulf of Mexico has stopped for the first time since the collapse of the Deepwater ...
Thu, July 15, 2010
House bills punish BP, boost drilling safety
By Tom Doggett
WASHINGTON (Reuters) - Legislation that could bar BP from getting new offshore oil leases in the United States passed another hurdle in ...
Thu, July 15, 2010
BP lobbied UK over Libyan prisoner transfer case
LONDON (Reuters) - BP confirmed on Thursday it had lobbied the British government in late 2007 over a Prisoner Transfer Agreement with Libya because it ...
Wed, July 14, 2010
Clinton to look into senators' request on BP, Libya
WASHINGTON (Reuters) - U.S. Secretary of State Hillary Clinton said on Wednesday she would look into a request by U.S. lawmakers that the ...
Tue, July 13, 2010
Dems Accuse Johnson of Keeping BP Holding Secret, While Defending Them
OSHKOSH, Wis. (WTAQ) - Wisconsin Democrats accuse U.S. Senate candidate Ron Johnson of keeping his investments in BP a secret, while defending the oil ...
Tue, July 13, 2010
BP shares extend bounce on oil spill containment cap
LONDON (Reuters) - Shares in oil major BP <BP.L> rose 2.7 percent on Tuesday, taking their bounce this month to 28 percent, on ...
Tue, July 13, 2010
BP divestment talks on several assets "going well"
LONDON (Reuters) - BP <BP.L>, which unveiled plans last month for about $10 billion in asset sales to help pay for costs from the ...
Sun, July 11, 2010
BP in talks with Apache and others on assets: source
NEW YORK/LONDON (Reuters) - Under-pressure BP Plc <BP.L><BP.N> is in talks with U.S. oil and gas company Apache Corp <APA ...
Sat, July 10, 2010
BP spill won't affect Iraq projects: oil minister
By Ahmed Rasheed
BAGHDAD (Reuters) - Iraq's oil minister said on Saturday he sees no impact from the massive oil spill at a BP ...
Fri, July 09, 2010
BP says "hopeful" well can stay shut indefinitely
By Chris Baltimore
HOUSTON (Reuters) - BP Plc is "hopeful" that its blown-out well in the Gulf of Mexico can remain sealed until a pair ...
Thu, July 08, 2010
BP aims to fix leaking oil well by July 27: report
(Reuters) - Besieged energy giant BP Plc aims to fix its leaking Gulf oil well by July 27, ahead of its earlier target of mid-August ...
Wed, July 07, 2010
BP CEO Hayward meets UAE's Mubadala
ABU DHABI (Reuters) - BP Chief Executive Tony Hayward met representatives of Abu Dhabi government investment body Mubadala Wednesday after discussions with the Abu Dhabi ...
Wed, July 07, 2010
BP CEO Hayward meets potential investors in UAE: source
ABU DHABI (Reuters) - BP <BP.L> Chief Executive Tony Hayward has met with representatives of the Abu Dhabi Investment Authority (ADIA), one of the ...
Wed, July 07, 2010
Saudi investors eye 10-15 percent stake in BP: report
RIYADH (Reuters) - Unnamed Saudi investors seek to buy a stake worth 10 to 15 percent in British oil company BP <BP.L> dealing with ...
Tue, July 06, 2010
BP approaches funds to fend off takeover bids: source
By Amena Bakr and Nicolas Parasie
DUBAI (Reuters) - British oil company BP <BP.L> has approached sovereign wealth funds with a view to securing ...
Mon, July 05, 2010
BP says cost of oil spill hits $3.12 billion
LONDON (Reuters) - Oil company BP <BP.L> said it had so far spent $3.12 billion on the response effort to its Gulf of ...
Sun, July 04, 2010
BP launches search for new investors: report
LONDON/DUBAI (Reuters) - Oil major BP Plc is seeking a strategic investor to secure its independence in the face of any takeover attempts as ...
Sun, July 04, 2010
BP could get backing from Mideast firms: report
DUBAI (Reuters) - Troubled oil giant BP <BP.L> could get a reprieve from Middle East financial institutions looking to make a strategic investment in ...
Sat, July 03, 2010
Investors expect change in BP leadership: report
NEW YORK (Reuters) - Investors in BP <BP.L><BP.N> expect to see a change in its leadership, with a shake-up possible once the ...
Wed, June 30, 2010
Special Report: BP oil spill a gusher for lawyers
By Jonathan Stempel
NEW YORK (Reuters) - From a legal perspective, BP's Deepwater Horizon blowout and the 1989 grounding of the Exxon Valdez are ...
Wed, June 30, 2010
BP shares jump as bid talk helps boost sentiment
LONDON (Reuters) - Shares in BP jumped 8 percent on Wednesday, helped by bid talk and optimism that the worst may be over for the ...
Tue, June 29, 2010
Expert sees big mental health effects from BP spill
By Michael Peltier
PENSACOLA BEACH, FLA (Reuters) - The mental health impacts of the BP oil spill will dwarf those encountered after the last major ...
Mon, June 28, 2010
New York Fed probes Wall Street exposure to BP: sources
By Joshua Schneyer and Kristina Cooke
NEW YORK (Reuters) - The Federal Reserve Bank of New York has been probing major financial firms' exposure to ...
Mon, June 28, 2010
BP oil spill costs hit $100 million/day
LONDON (Reuters) - BP said it had spent $300 million on its Gulf of Mexico oil spill response effort in the past three days, hitting ...
Sun, June 27, 2010
Top New Orleans chef sues BP over seafood losses
NEW YORK (Reuters) - Susan Spicer, one of New Orleans' most prominent and highly regarded chefs, has sued BP Plc for damages to restaurants that ...
Fri, June 25, 2010
BP says cost of oil spill hits $2.35 billion
LONDON (Reuters) - Oil company BP said it had so far spent $2.35 billion on the response effort to its Gulf of Mexico oil ...
Wed, June 23, 2010
Feinberg to quit pay czar post, focus on BP fund
WASHINGTON (Reuters) - Kenneth Feinberg will step down from his role as Treasury's "pay czar" later this summer to focus on administering the BP ...
Wed, June 23, 2010
New York pension fund to sue BP for investment losses
By Joan Gralla
NEW YORK (Reuters) - New York state's pension fund plans to sue BP Plc to recover losses from the drop in ...
Tue, June 22, 2010
GOP U.S. Senate Candidates Criticize Gov't Demands on BP
MILWAUKEE, Wis. (WTAQ) - Two Republican candidates for U.S. Senate from Wisconsin have some harsh criticism for government demands on BP.
The Obama administration ...
Tue, June 22, 2010
BP shares touch 13-year low as cost concerns weigh
LONDON (Reuters) - Shares in BP <BP.L> fell to a 13-year low on Tuesday on concerns over the oil major's exposure to costs ...
Mon, June 21, 2010
States want BP to pay for oil spill loss
By Joan Gralla
NEW YORK (Reuters) - Eleven East Coast U.S. states have told BP they will hold it responsible for any losses caused ...
Mon, June 21, 2010
BP not eyeing major bond raising: sources
By Tom Bergin and Jennifer Ablan
LONDON/NEW YORK (Reuters) - BP is eyeing relatively modest new bank lending lines and is not planning bond ...
Mon, June 21, 2010
BP oil spill costs hit $2 billion
LONDON (Reuters) - Oil giant BP said on Monday the cost of its response to the Gulf of Mexico oil spill had hit $2 billion ...
Sun, June 20, 2010
BP to raise $50 billion for oil spill costs: report
LONDON (Reuters) - BP <BP.L> is planning to raise $50 billion to cover the cost of the largest oil spill in U.S. history ...
Sat, June 19, 2010
BP CEO attends yacht race, sparks new controversy
WASHINGTON (Reuters) - BP Plc CEO Tony Hayward watched a yacht race off the English coast on Saturday, sparking new controversy in the United States ...
Sat, June 19, 2010
BP restarts drillship system after 10-hour lapse
By Kristen Hays
HOUSTON (Reuters) - BP Plc restarted one of its oil-capture systems at the gushing leak in the Gulf of Mexico on Saturday ...
Sat, June 19, 2010
BP CEO the ghost at the feast as Russia fetes big oil
By Vladimir Soldatkin
ST PETERSBURG, Russia (Reuters) - The leaders of the global oil industry gathered as usual at Russia's top annual business forum ...
Fri, June 18, 2010
BP's Hayward Relieved of Gulf Response Duties
LONDON (Reuters) - BP Plc's CEO Tony Hayward will hand over daily oversight of the oil giant's response to the massive spill in ...
Fri, June 18, 2010
Special Report: Amid the Gulf crisis, Wall St touted BP stock
By Aaron Pressman
BOSTON (Reuters) - As early word of BP's Deepwater Horizon blowout began spreading, investors panicked. After closing above $60 before the ...
Fri, June 18, 2010
BP escrow account will pay claims fast: Feinberg
JACKSON, Mississippi (Reuters) - A $20 billion fund set up by energy giant BP Plc to compensate financial losses due to a big oil spill ...
Fri, June 18, 2010
CEO safe for now, heat on chairman: BP investors
By Raji Menon and Sarah Young
LONDON (Reuters) - BP CEO Tony Hayward may cling on after Thursday's mauling by U.S. lawmakers over ...
Thu, June 17, 2010
Apology to BP's Hayward triggers uproar
By Steve Holland
WASHINGTON (Reuters) - A Republican U.S. representative apologized to BP CEO Tony Hayward on Thursday, saying BP was victim of a ...
Wed, June 16, 2010
BP chief apologizes for "small people" remark
WASHINGTON (Reuters) - BP Chairman Carl-Henric Svanberg on Tuesday apologized for speaking "clumsily" by referring to those hurt by his company's oil spill as ...
Wed, June 16, 2010
BP cuts dividend and capex to pay for oil spill
By Tom Bergin
LONDON (Reuters) - Oil giant BP said it would not pay three quarters of dividends, significantly reduce its investment program and sell ...
Wed, June 16, 2010
BP chairman apologizes to Americans for oil spill
WASHINGTON (Reuters) - BP Plc's chairman apologized on Wednesday to the American people for the catastrophic oil spill on the Gulf coast.
The company ...
Wed, June 16, 2010
BP Agrees to Create $20B Escrow Fund for Gulf Oil Spill
WASHINGTON D.C. (WTAQ) - BP has agreed to set up a $20 billion escrow fund to cover mounting economic damage claims from the Gulf ...
Wed, June 16, 2010
U.S. boosts flow estimate of BP oil leak by 50 percent
By Kristen Hays
HOUSTON (Reuters) - A team of U.S. scientists on Tuesday upped their high-end estimate of the amount of crude oil flowing ...
Wed, June 16, 2010
BP Didn’t Do Enough
WASHINGTON (WKZO ) - Representatives of BP and several other oil companies got a grilling before the House Energy and Commerce Subcommittee Tuesday. They were there ...
Wed, June 16, 2010
Accident at BP Rotterdam refinery kills worker
AMSTERDAM (Reuters) - A construction worker was killed at BP's Rotterdam refinery after a wall collapsed on him, a spokesman for the oil major ...
Tue, June 15, 2010
Florida hopes to settle BP claims without courts
By Michael Peltier
TALLAHASSEE, Florida (Reuters) - BP Plc has done a poor job settling oil spill claims quickly and efficiently but pursuing the claims ...
Tue, June 15, 2010
British PM fears BP's "destruction", stock plunges
By Sumeet Desai and Kristen Hays
TORONTO/HOUSTON (Reuters) - Fearing the "destruction" of BP Plc <BP.L> <BP.N>, British Prime Minister David Cameron ...
Mon, June 14, 2010
Americans angry at BP, not Britain
By Michelle Nichols
NEW YORK (Reuters) - Americans are angry with BP because of the massive oil spill in the Gulf of Mexico, but most ...
Mon, June 14, 2010
BP to face isolation from peers at Congress hearings
By Ayesha Rascoe
WASHINGTON (Reuters) - Top competitors are expected to distance themselves from BP Plc <BP.L> on Tuesday as normally clubby oil industry ...
Mon, June 14, 2010
BP took shortcuts on blown-out well: lawmakers
By Chris Baltimore
HOUSTON (Reuters) - BP Plc took risky shortcuts in drilling its Macondo well that "increased the danger of a catastrophic well failure ...
Mon, June 14, 2010
Kagen Wants BP to Pay Up Immediately
GREEN BAY, Wis. (WTAQ) - 8th District Congressman Steve Kagen plans to introduce a bill asking British Petroleum to make an immediate payment to the ...
Mon, June 14, 2010
BP falls 10 percent on dividend worries
LONDON (Reuters) - Oil giant BP <BP.L> extended falls and was down more than 10 percent on Monday afternoon, with traders citing worries about ...
Sun, June 13, 2010
BP oil storage tank washes ashore on Florida beach
MIAMI (Reuters) - An oil storage tank suspected to have been on the Deepwater Horizon rig has washed ashore on a northwest Florida beach, local ...
Sun, June 13, 2010
Admiral Allen expects BP plan to capture more oil
WASHINGTON (Reuters) - U.S. Coast Guard Admiral Thad Allen, the Obama administration's point man on the BP Gulf of Mexico oil spill, said ...
Sun, June 13, 2010
BP unlikely to cancel dividend, but mulls several ideas: source
LONDON (Reuters) - BP Plc <BP.L><BP.N> is unlikely to decide to cancel its dividend, a person familiar with the British energy giant ...
Sat, June 12, 2010
States press BP for compensation from spill: report
CHICAGO (Reuters) - States along the Gulf of Mexico are increasing demands for financial compensation from BP Plc as a massive oil spill continues to ...
Sat, June 12, 2010
U.S. tells BP to devise better leak response in 48 hours
BOSTON (Reuters) - A top U.S. Coast Guard official has told BP Plc the company's plans to contain the gushing oil spill in ...
Fri, June 11, 2010
Sensenbrenner Lashes Out at Obama, BP
WASHINGTON D.C. (WTAQ) - Wisconsin House Republican Jim Sensenbrenner has lashed out at both President Obama and BP over the oil spill on the ...
Fri, June 11, 2010
BP sees $3-$6 billion oil spill cleanup bill: analyst
By Tom Bergin
LONDON (Reuters) - BP <BP.L> expects the total bill for the clean up of the Gulf of Mexico oil spill to ...
Thu, June 10, 2010
U.S. doubles upper estimate for BP oil leak
By Chris Baltimore
HOUSTON (Reuters) - U.S. scientists on Thursday doubled their high-end estimate of the amount of crude oil flowing from BP Plc ...
Thu, June 10, 2010
BP spill won't hurt U.S.-British ties: officials
WASHINGTON (Reuters) - The BP oil spill in the Gulf of Mexico is a matter between the United States and a private company and will ...
Thu, June 10, 2010
White House says Obama meeting with BP officials possible
WASHINGTON (Reuters) - It is possible President Barack Obama would meet BP Plc officials about the Gulf of Mexico oil spill, White House spokesman Robert ...
Wed, June 09, 2010
BP buys Google ads for search term "oil spill"
LONDON (Reuters) - BP Plc has bought terms such as "oil spill" from search engine providers including Google Inc to help direct Internet users to ...
Wed, June 09, 2010
U.S. shares in BP rebound after steep selloff
NEW YORK (Reuters) - U.S. shares of oil company BP Plc <BP.N> <BP.L> rebounded more than 10 percent in early trade on ...
Wed, June 09, 2010
BP: World 2009 oil use drop biggest since 1982
LONDON (Reuters) - World oil consumption fell by 1.2 million barrels per day in 2009, the second consecutive annual decline and the largest volume ...
Tue, June 08, 2010
BP shareholders would back CEO more than chairman: report
LONDON (Reuters) - BP Plc shareholders would prefer to sacrifice the company's Chairman Carl-Henric Svanberg rather than the CEO over the ongoing oil spill ...
Tue, June 08, 2010
BP accused of repeated shortcuts, Obama tours Gulf
By Steve Holland and Kristen Hays
THEODORE, Ala./HOUSTON (Reuters) - Lawmakers accused BP Plc on Monday of repeatedly taking risky shortcuts on its blown-out ...
Mon, June 07, 2010
BP shares jump on first major oil spill progress
By Tom Bergin
LONDON (Reuters) - Shares in oil major BP Plc rose on Monday after the company said it was capturing most of the ...
Mon, June 07, 2010
World oil refining capacity must be rationalized: BP
KUALA LUMPUR (Reuters) - BP Plc said on Monday, global oil refining capacities need to be rationalized to bring utilization back to historical levels in ...
Fri, June 04, 2010
Some State BP Stations Losing Biz Over Gulf Oil Spill
MADISON, Wis. (WTAQ) - At least some of Wisconsin’s BP gas stations are losing business, as customers show their anger over the oil slick ...
Fri, June 04, 2010
BP's battered brand draws consumer opposition
By Deborah Zabarenko and Dan Whitcomb
WASHINGTON/LOS ANGELES (Reuters) - U.S. consumers are venting frustration over the BP oil spill, demonstrating at gas ...
Thu, June 03, 2010
West Michigan Awning Company Enters Arrangement With BP
GRAND RAPIDS -- An Alpine Township-based awning company has been contracted by BP to help out with the massive oil spill in the Gulf. Employees ...
Thu, June 03, 2010
Scenarios: The future for BP after the oil spill
By Tom Bergin
HOUSTON (Reuters) - BP'soil spill in the Gulf of Mexico has become the worst in U.S. history, prompting speculation about ...
Thu, June 03, 2010
BP credit ratings cut as oil-spill costs mount
By Sarah Young and Paul Hoskins
LONDON (Reuters) - Fitch Ratings downgraded BP <BP.L>, reversing its view that the Gulf of Mexico oil spill ...
Thu, June 03, 2010
BP to speak with analysts Friday, shares rise
LONDON (Reuters) - British oil giant BP <BP.L> will speak with analysts on Friday, a spokeswoman for the company said after analysts pointed to ...
Thu, June 03, 2010
Director James Cameron says BP turned down help offer
By Alexei Oreskovic
PALOS VERDES, Calif (Reuters) - Film director and deep-sea explorer James Cameron said on Wednesday that BP Plc turned down his offer ...
Tue, June 01, 2010
Special Report: Inside BP's War Room
By Tom Bergin
HOUSTON (Reuters) - Last Wednesday, five weeks into the worst oil spill in U.S. history, BP Chief Executive Tony Hayward locked ...
Tue, June 01, 2010
BP seeks to reassure investors over oil spill cost
LONDON (Reuters) - BP will seek to patch up its battered share price by reassuring investors the cost of cleaning up the oil spill in ...
Mon, May 31, 2010
BP payouts can't save fishing season that got away
By Ed Stoddard
GOLDEN MEADOW, Louisiana (Reuters) - Carol Terrebonne, a wholesale retailer who buys shrimp off the boats in southern Louisiana, laughs when asked ...
Mon, May 31, 2010
Three BP fuel oil traders in U.S. quit
By Yaw Yan Chong
SINGAPORE (Reuters) - Resignations from BP Plc's <BP.L> fuel oil team have extended globally, with the departure of three ...
Sun, May 30, 2010
White House: BP's New Plan Could Spike Spill 20%
CHICAGO, Ill./VENICE, La. (Reuters) - The amount of oil and gas leaking from BP's ruptured well in the Gulf of Mexico could increase ...
Sun, May 30, 2010
UPDATE: "Top Kill" Not Working, BP Moving On
VENICE, La./HOUSTON, Tex. (Reuters) - BP Plc said on Saturday the complex "top kill" maneuver to plug its Gulf of Mexico oil well has ...
Fri, May 28, 2010
BP: Limited Success in Gulf Oil Leak Plug
VENICE, La. (WTAQ) - Oil company BP is reporting some limited success in efforts to plug the gushing well that has spewed millions of gallons ...
Fri, May 28, 2010
BP's spill costs hit $930 million
LONDON (Reuters) - BP Plc still does not know whether its "top kill" operation designed to plug the biggest oil spill in United States history ...
Thu, May 27, 2010
BP spill eclipses Exxon Valdez, says government
By Chris Baltimore
HOUSTON (Reuters) - The amount of oil spilled by BP Plc's blown-out Gulf of Mexico well has eclipsed the 1989 Exxon ...
Wed, May 26, 2010
BP: Appears only drilling mud flowing from well
By Erwin Seba and Bruce Nichols
HOUSTON (Reuters) - BP Plc Chief Operating Officer Doug Suttles said on Wednesday it appears drilling mud, not oil ...
Wed, May 26, 2010
BP Begins "Top Kill" in Gulf
By Chris Baltimore and Tom Bergin
HOUSTON, May 26 (Reuters) - BP Plc launched an ambitious deep sea operation to choke off a gushing oil ...
Tue, May 25, 2010
BP had warning signs before Gulf blast: panel
WASHINGTON (Reuters) - BP Plc told congressional investigators on Tuesday that pressure tests on a drill pipe showed a fundamental mistake hours before the deadly ...
Tue, May 25, 2010
BP-owned Alaska oil pipeline shut after spill
ANCHORAGE, Alaska (Reuters) - The Trans-Alaska Pipeline, partly owned by BP, shut down on Tuesday after spilling several thousand barrels of crude oil into backup ...
Mon, May 24, 2010
Protesters bare nearly all at BP's Houston office
By Chris Baltimore
HOUSTON (Reuters) - About 100 protesters, some wearing cowboy boots and little else, took to the sidewalk outside the U.S. headquarters ...
Mon, May 24, 2010
Shareholders sue BP for spill liability
WILMINGTON, Delaware (Reuters) - Shareholders have sued the board of BP Plc <BP.L> for failing to monitor safety and exposing the company to potentially ...
Sun, May 23, 2010
Louisiana hits BP and government for slow oil response
By Matthew Bigg
VENICE, La (Reuters) - Louisiana's governor on Sunday blasted energy giant BP and the federal government for failing to act fast ...
Sun, May 23, 2010
U.S. will "push" out BP if spill response falls short
HOUSTON (Reuters) - The U.S. government will move aside BP from the operation to try to halt the Gulf of Mexico oil spill if ...
Fri, May 21, 2010
Oil capture rate down to 2,200 barrels at leak: BP
HOUSTON (Reuters) - BP Plc said the amount of crude oil it siphoned from the U.S. Gulf of Mexico leak fell to 2,200 ...
Wed, May 19, 2010
Kagen Meets with BP, Transocean Execs
WASHINGTON D.C. (WTAQ) - Just how much it's going to cost in the end is unclear, but Congressman Steve Kagen says he's ...
Wed, May 19, 2010
Lawmakers to urge BP to idle its Atlantis rig
By Joshua Schneyer
NEW YORK (Reuters) - A group of lawmakers will recommend BP be ordered to idle its Atlantis oil and gas platform in ...
Tue, May 18, 2010
U.S. probes another BP rig, seeks MMS shakeup
By Ayesha Rascoe and Tom Doggett
WASHINGTON (Reuters) - Interior Secretary Ken Salazar said on Tuesday the U.S. government was investigating another big BP ...
Tue, May 18, 2010
Goldman, BP sued over alleged SemGroup conspiracy
NEW YORK (Reuters) - More than 80 independent oil and gas producers have sued units of Goldman Sachs Group Inc <GS.N> and BP Plc ...
Mon, May 17, 2010
BP Hopes to Increase Siphon Rate
VENICE, La. (WTAQ) - Officials with BP hope to increase the amount of oil being siphoned from a gushing leak 5,000 feet below the ...
Sat, May 15, 2010
BP will try again on oil siphoning tube: exec
HOUSTON (Reuters) - BP Plc will make another attempt to siphon oil from a blown-out well a mile beneath the Gulf of Mexico on Saturday ...
Sat, May 15, 2010
White House keeps up heat on BP over oil spill
By Patricia Zengerle
WASHINGTON (Reuters) - Top Obama administration officials demanded "immediate public clarification" from BP Plc about paying for the Gulf of Mexico oil ...
Fri, May 14, 2010
Huge BP spill means a high-stakes hurricane season
By Joshua Schneyer
NEW YORK (Reuters) - BP's oil spill could make for one of the highest-stakes U.S. Gulf hurricane seasons on record ...
Fri, May 14, 2010
BP could begin siphoning oil leak overnight
HOUSTON (Reuters) - BP Plc on Friday was attempting to insert a pipe to siphon oil from a blown out undersea oil well in the ...
Fri, May 14, 2010
Lawmaker questions BP over oil spill estimates
By Ayesha Rascoe
WASHINGTON (Reuters) - A lawmaker on Friday urged BP to provide more information about how much oil is gushing into the Gulf ...
Thu, May 13, 2010
BP says oil spill costs $450 million so far
LONDON (Reuters) - British oil major BP <BP.L> said the oil spill in the Gulf of Mexico had cost it $450 million so far ...
Mon, May 10, 2010
BP says oil spill costs $350 million so far, shares hit
By Tom Bergin
LONDON (Reuters) - Oil major BP Plc said the oil spill in the Gulf of Mexico had cost it $350 million so ...
Sun, May 09, 2010
BP spends $10 million a day on oil spill clean-up: report
LONDON (Reuters) - BP Plc could be spending as much as $10 million a day on clean-up efforts after a giant oil spill in the ...
Sat, May 08, 2010
Oil catcher dome hits snag near leak site: BP exec
By Erwin Seba
ROBERT, Louisiana (Reuters) - London-based BP Plc's plan to lower a giant containment dome to trap oil from a blown-out Gulf ...
Fri, May 07, 2010
Special report: Will the cleanup make the BP oil spill worse?
By Yereth Rosen and Peter Henderson
CORDOVA, Alaska/SAN FRANCISCO (Reuters) - More than half an inch of oil covered the sea when Dennis Kelso ...
Thu, May 06, 2010
BP turns to Twitter, Facebook on spill information
HOUSTON (Reuters) - Phone lines at the command center where teams are directing clean-up of the Gulf of Mexico oil spill are often jammed, but ...
Thu, May 06, 2010
Oil lobby money unlikely to quell storm over BP
By David Morgan
WASHINGTON (Reuters) - Big Oil's ability to spend huge sums of money lobbying Congress may not deflect the election-year spotlight on ...
Wed, May 05, 2010
Lawmakers seek to get BP to pay more for cleanup
By Ayesha Rascoe
WASHINGTON (Reuters) - U.S. lawmakers in the House of Representatives unveiled a bill on Wednesday similar to an effort in the ...
Tue, May 04, 2010
BP overcomes snag in bid to curb spill
By Ed Stoddard
VENICE, Louisiana (Reuters) - BP Plc overcame a snag in its latest effort to curb the Gulf of Mexico oil spill as ...
Mon, May 03, 2010
BP races to build funnel for leaking oil well
By Matthew Bigg
GOLDEN MEADOW, Louisiana (Reuters) - BP Plc raced against time on Monday to build a funnel to help contain a busted well ...
Mon, May 03, 2010
BP reels as spill advances, fallout widens
NEW YORK (Reuters) - The spread of a huge oil spill in the Gulf of Mexico has raised concerns among some in the oil industry ...
Mon, May 03, 2010
BP shares extend slide as oil spill expands
NEW YORK (Reuters) - Oil giant BP Plc's <BP.L> shares sank further on Monday as the oil spill in the Gulf of Mexico ...
Sun, May 02, 2010
Oil spill could cost BP over $4.6 billion: report
LONDON (Reuters) -The huge oil spillage in the Gulf of Mexico could cost British energy giant BP <BP.L> over 3 billion pounds ($4 ...
Sat, May 01, 2010
BP reels as spill advances, fallout widens
By Matthew Bigg
VENICE, Louisiana (Reuters) - Energy giant BP Plc was under siege on Monday over the catastrophic oil spill from its ruptured Gulf ...
Fri, April 30, 2010
BP CEO says will pay oil spill claims
By Tom Bergin
LONDON (Reuters) - BP Plc will compensate all those affected by an oil spill from one of its wells in the Gulf ...
Tue, April 27, 2010
BP profits soar, investors eye oil spill
By Tom Bergin
LONDON (Reuters) - BP Plc <BP.L> failed to reassure investors with a more than doubling of first-quarter net profits on Tuesday ...
Thu, March 11, 2010
BP to pay Devon $7 bln for fields
By Tom Bergin and Michael Erman
LONDON/NEW YORK (Reuters) - BP <BP.L> will pay $7 billion to Devon Energy <DVN.N> for assets ...
Fri, March 05, 2010
BP CEO pay soars as profits dive
By Tom Bergin
LONDON (Reuters) - The chief executive of Europe's largest oil company by production, BP Plc, enjoyed a 41 percent rise in ...
Mon, February 15, 2010
Global oil refining sector needs consolidation: BP
By Alex Lawler and Emma Farge
LONDON (Reuters) - Consolidation is needed in the global oil refining sector, the chief economist of BP Plc <BP ...
Sun, February 14, 2010
BP in talks over $1.2 billion Canadian oil sands deal: report
LONDON (Reuters) - British oil major BP Plc is in talks to pay about $1.2 billion for a majority stake in a privately held ...
Tue, February 02, 2010
BP profit up as oil prices rise, misses forecasts
By Tom Bergin
LONDON (Reuters) - British oil major BP Plc <BP.L> reported a lower than forecast 33 percent rise in fourth-quarter replacement cost ...
Thu, January 14, 2010
Cleanup ends at damaged BP-operated pipeline: officials
ANCHORAGE, Alaska (Reuters) -- After weeks of work, crews have finished cleaning up the oil and oil-laced produced water that leaked out of a ruptured ...
Fri, December 18, 2009
Jury awards $100 million verdict against BP in chemical case
By Kristen Hays
HOUSTON (Reuters) - A federal jury in Texas on Friday ordered BP Plc <BP.L> <BP.N> to pay $100 million to ...
Sun, December 13, 2009
BP Texas City FCC malfunctions, shuts down
HOUSTON (Reuters) - Gasoline-producing fluidic catalytic cracking unit No. 3 malfunctioned and shut down late on Saturday night at BP Plc's 475,000 barrel ...
Mon, November 30, 2009
BP pipeline leaks near Alaska's Prudhoe Bay
By Joshua Schneyer
NEW YORK (Reuters) - BP Plc discovered an oil and gas spill on a pipeline that serves the giant Prudhoe Bay oil ...
Wed, November 18, 2009
Meditation may lower BP and college stressors
By Joene Hendry
NEW YORK (Reuters Health) - If the stresses of college have put you at risk for high blood pressure, try transcendental meditation ...
Fri, October 30, 2009
BP Texas refinery hit with record safety fine
By Erwin Seba
HOUSTON (Reuters) - U.S. safety regulators on Friday hit oil giant BP <BP.L><BP.N> with a record $87.4- ...
Tue, October 27, 2009
BP Q3 profit halves, beats forecasts on cost cuts
By Tom Bergin
LONDON (Reuters) - BP Plc beat third-quarter earnings forecasts by a big margin in a sign Chief Executive Tony Hayward's restructuring ...
Sun, October 25, 2009
BP's new chairman to lead boardroom shakeup: report
LONDON (Reuters) - BP's <BP.L> incoming chairman, the former Ericsson <ERICb.ST> boss Carl-Henric Svanberg, will lead a shake-up of the oil giant ...
Wed, September 02, 2009
BP makes "giant" oil find in Gulf of Mexico
By Tom Bergin
LONDON (Reuters) - Oil major BP Plc said it has made an oil discovery in the Gulf of Mexico, which analysts believe ...
Recent Comments