ARTICLES RELATING TO BP

Colombian farmers sue BP for environment damage

2014-10-16 10:13

A case in which 100 Colombian farmers are suing British oil giant BP for environmental damage has opened in the High Court in London.

UK government lends hand to BP in oil spill ruling

2014-09-08 12:15

The British government has urged the US Supreme Court to review an appeals court ruling against BP over a 2010 Gulf of Mexico oil spill.

Fines could prompt BP to cut Russia exposure

2014-09-05 16:15

The prospect of up to $18bn in new fines for the 2010 Gulf of Mexico oil spill could encourage BP to sell off some of its Russian interests.

BP can absorb new oil spill fine - analysts

2014-09-05 14:30

BP should be able to meet the cost of up to $18bn of new fines for the 2010 Gulf of Mexico oil spill without major asset sales, say analysts.

BP grossly negligent in 2010 oil spill

2014-09-04 21:18

A US judge has ruled the massive 2010 Gulf of Mexico oil spill was due to BP's 'gross negligence,' potentially subjecting the oil giant to billions of dollars in additional fines.

Africa set for an oil and gas boom

2014-09-04 05:00

Africa's energy industry could soar in the coming years, with Mozambique and Tanzania set to emerge as new frontiers if they can attract investment, a report says.

BP quarterly profit tops expectations

2014-07-29 10:32

BP has posted a better-than-expected 34% rise in quarterly profit after raising output of higher-margin products and hiking liquids and gas prices.

China has surpassed Britain's 'declining empire'

2014-06-18 12:47

China has overtaken Britain as a world power, a state-run newspaper has argued, after Premier Li Keqiang oversaw the signing of trade deals that will see Chinese invest in British high-speed trains and nuclear power.

Kurdish oil finds new buyers in Europe

2014-06-11 19:18

Russian oil firm Rosneft has bought a cargo of Kurdish oil for a German refinery it co-owns with oil major BP, according to trading sources.

BP, Budweiser join soccer revolt over Qatar

2014-06-09 15:15

BP and Budweiser have joined World Cup sponsors pressing soccer's rulers to tackle corruption allegations over the awarding of the 2022 tournament to Qatar.

Don't panic over petroleum dispute - union

2014-06-06 20:21

Petroleum sector trade unions have declared a pay dispute with employers, but there is not need for panic yet, says Solidarity.

What BP 'doesn't want you to know'

2014-06-02 09:14

BP, whose well spewed millions of gallons of oil into the Gulf of Mexico in the 2010 disaster that killed 11 people, considers itself a victim, too.

Russia-focused BP announces sliding profits

2014-04-29 18:00

BP net profits plunged in the first quarter compared with the outcome a year ago when the group sold its stake in a Russian joint venture.

Russia admits sanctions are hurting

2014-04-24 18:00

President Vladimir Putin says Ukraine-related sanctions are hurting Russia, but added that the damage was not very serious.

Russian business unaffected, says BP boss

2014-04-15 14:45

Western sanctions over Russia's actions in Ukraine have not impacted BP's business in Russia, chief executive Bob Dudley says.

Wildlife still suffer 4 years after BP spill

2014-04-09 14:03

Birds, fish, dolphins and turtles are still struggling in the Gulf of Mexico, four years after the worst oil spill in US history, a leading wildlife group says.

BP unsure how much oil was spilt

2014-03-28 07:39

More oil than previously thought may have leaked into Lake Michigan this week from BP's Indiana refinery, the company says, after two US Senators requested a meeting with the company.

Shell slashes ex-CEO's pay

2014-03-13 16:02

The pay of Royal Dutch Shell's former boss Peter Voser halved to $11.24m, while the base salary of new chief executive Ben van Beurden has been trimmed.

UK not ready for shale gas exploration

2014-03-05 21:17

The UK may be a prime location for shale gas exploration, but a lack of onshore drilling infrastructure and local opposition will impede development, experts and geologists say.

BP net profit more than doubles

2014-02-04 12:17

BP says net profits soared to $23.45bn last year, compared with the outcome in 2012 when it faced huge fines from the 2010 Gulf of Mexico oil spill.

Iran plans to win back Western business

2014-01-23 14:14

Iran will have a new, attractive investment model for oil contracts, say Iranian President Hassan Rouhani and Oil Minister Bijan Zanganeh.

BP oil spill manager faces jail

2014-01-21 17:57

The Judge is to sentence ex-Halliburton manager for destroying evidence after the 2010 BP Gulf oil spill.

BP flags Gulf of Mexico find

2013-12-18 19:00

BP announced a major oil discovery at its Gila prospect along with a $1.08bn writedown on a failed exploration well offshore Brazil.

BP clinches $6bn deal with Rosneft

2013-11-12 17:48

Russian oil firm Rosneft will sell about $6bn worth of refined products to BP, establishing the British major among its biggest buyers after years without any such deal.

BP profits slide

2013-10-29 14:29

British energy giant BP says its net profit fell 34% in the third quarter, mainly as a result of lower refining margins.

 

BP asks judge to reconsider ruling

2014-10-03 09:35

BP has asked a US court to reconsider a ruling that found the company "grossly negligent" for the 2010 oil spill in the Gulf of Mexico.

UK government helps BP in oil spill rulings

2014-09-08 11:30

The British government has urged the US Supreme Court to review appeals court rulings against BP over a 2010 Gulf of Mexico oil spill.

BP to fight ruling by US judge

2014-09-05 15:08

BP is planning to appeal a ruling by a US judge, as the oil group faces a possible $18bn fine and a lengthy legal process.

BP shares extend losses after oil spill ruling

2014-09-05 12:30

Shares in BP have extended losses, impacted by a US judge's decision that the oil major was "grossly negligent" over a 2010 Gulf of Mexico oil spill.

BP faces billions in fines over oil spill

2014-09-04 18:46

A judge has found BP grossly negligent for its role in the 2010 spill in the Gulf of Mexico, a ruling that could see the oil giant pay billions of more dollars in fines.

Mexican president signs landmark energy law

2014-08-11 20:09

Mexican President Enrique Pena Nieto has signed into law a package of laws that promises to lure big investment in the ailing oil, gas and electricity sectors.

BP spill slowing one of ocean’s fastest fish

2014-06-23 12:25

A study in the US says mahi-mahi, a popular fish among restaurants have been exposed to oil from the 2010 BP spill, and as such they swim nearly half as fast as their unaffected counterparts.

BP to sign $20bn gas contract with China

2014-06-18 10:30

British energy giant BP will sign a long-term deal with Chinese state-owned peer CNOOC in London to supply China with liquefied natural gas.

"BP must pay' says Supreme Court

2014-06-10 10:09

The US Supreme Court says BP must continue paying claims from a fund established after the 2010 Gulf of Mexico oil spill while the company appeals terms of its settlement with some businesses.

Petroleum unions declare dispute

2014-06-07 09:13

Petroleum sector trade unions have declared a pay dispute with employers, Solidarity says, but there is "no panic stations" yet.

Lloyds withdraws from Rosneft-BP deal

2014-06-03 19:42

Lloyds Bank has withdrawn from a $1.5-$2bn trade finance deal involving Rosneft, highlighting the growing unease among Western banks in funding Russian deals.

Glencore names ex-BP boss as chair

2014-05-09 13:07

Glencore Xstrata has confirmed Tony Hayward as permanent chairperson of the mining and commodities trading group.

BP raises dividend again

2014-04-29 14:15

BP has raised its quarterly dividend for the second time in six months, saying more share buy-backs are on the cards.

US oil spill claims continue

2014-04-21 16:30

Some islanders in Louisiana say they are tired of hearing that their beaches are free from oil, four years after the Deepwater Horizon oil spill.

BP to act as bridge between Russia, West

2014-04-10 16:12

BP will use its presence in Russia to help enhance relations between Moscow and the West, says its chief executive Bob Dudley.

BP to shut Australian refinery

2014-04-02 17:45

BP plans to end operation of a small Australian refinery by the middle of next year, causing the loss of 355 jobs, the British energy group says.

BP spills oil again

2014-03-26 08:33

An unknown amount of oil leaked from BP Whiting refinery in Indiana into Lake Michigan after a mechanical glitch, the company confirms.

BP denies inappropriate currency trading

2014-03-11 19:28

BP says none of its currency traders engaged in inappropriate trading activity, after a report alleged one of them had received information from a Lloyds dealer.

Shale gas can combat climate change - BP

2014-02-04 19:30

Shale gas offers a cheaper way to replace coal and cut greenhouse gas emissions than renewable power, says BP's chief economist.

BP back in favour despite spill legacy

2014-01-27 17:23

If you spent £10 on BP shares on April 19 2010, you would have just £9 now, including dividends. A poor investment, but also a remarkable recovery.

Greenland eyes mines, says prime minister

2014-01-21 20:31

Greenland will push ahead with a uranium and rare earths mine, despite objections as the melting of the polar ice cap unlocks the country's mineral riches.

UAE likely to renew Total oil concession

2014-01-20 18:17

Total has a good chance to keep its operating share in Abu Dhabi's onshore oilfields as the Gulf emirate prepares new concessions, says France's international trade minister.

West Africa bets on Brazilian style oil jackpot

2013-11-29 17:00

Investors are stepping up the hunt for hundreds of billions of dollars worth of oil beneath a deep submerged salt crust off West Africa's shore.

Oil spills: Nigeria mulls law to fine firms

2013-11-08 19:41

Nigerian legislators are considering a law that could see major foreign companies being slammed with penalties running into tens of millions of dollars a year.

BP strength keeps European shares buoyant

2013-10-03 15:11

European shares have edged higher, recovering some of their poise after declines, helped by BP which won a reprieve over Gulf spill payouts.

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