All publications by tag «BRITISH»
2015, October, 22, 18:45:00
BP & CNPC COOPERATION
In an expansion of their ongoing global partnership, BP and China National Petroleum Corporation (CNPC) entered into a framework agreement on strategic cooperation covering potential shale gas exploration and production in the Sichuan Basin and future fuel retailing ventures in China and other international partnerships.
2015, October, 8, 19:15:00
BP WILL PAY $20.8 BLN
BP reached a $20.8 billion civil settlement with the U.S. Department of Justice and five Gulf states on Monday to resolve civil claims tied to the April 2010 Deepwater Horizon accident.
2015, August, 14, 18:15:00
BP MANIPULATED GAS MARKET
A U.S. regulatory judge ruled BP PLC manipulated the Texas natural gas market in 2008 and said fines against the British energy company could increase because the scheme took place after earlier market manipulation.
2015, August, 4, 19:00:00
BP LOSS $(6.266) BLN
BP’s second-quarter replacement cost (RC) loss was $6,266 million, compared with a profit of $3,182 million a year ago.
2015, July, 30, 19:05:00
BP DOWN $6.3 BLN
BP swung to a $6.3 billion second quarter loss on Tuesday after write downs tied to the ongoing conflict in Libya and the company’s recent Deepwater Horizon settlement.
2015, July, 3, 17:50:00
BP WILL PAY $18.7 BLN
BP Plc reached a $18.7 billion settlement to end five years of litigation following the 2010 Gulf of Mexico oil spill. It is the largest settlement with a single entity in U.S. history, the U.S. Department of Justice said.
2015, July, 1, 18:55:00
BP FULL LIABILITY $13.7 BLN
The U.S. Supreme Court refused to hear an appeal from oil majors BP and Anadarko Petroleum leaving intact a lower court ruling that makes the firms potentially liable for billions of dollars in fines for the disastrous oil spill in the Gulf of Mexico in 2010.
2015, June, 21, 17:10:00
ROSNEFT & BP AGREE
Rosneft and BP today signed several agreements strengthening the long term strategic relationship between the two companies, at the St. Petersburg International Economic Forum.
2015, June, 17, 18:45:00
BP & ROSNEFT: $700 MLN
BP could be close to a $700 million deal with Russia’s Rosneft for a 20% stake in a Siberian oilfield, the company led by Igor Sechin further showed how national companies can cope with sanctions, maintaining ties with Western companies and progressively switching to Asian markets.
2015, June, 11, 19:00:00
BP: WORLD ENERGY - 2015
The most significant development on the supply side in 2014 was undoubtedly the continuing
revolution in US shale. The US recorded the largest increase in oil production in the world,
becoming the first country ever to increase average annual production by at least 1 million
barrels per day for three consecutive years.