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Oil major BP to make Australian-dollar bond debut in rare kangaroo offer
Sydney :: Australia | 9 months ago
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British oil company BP Plc is looking to sell an inaugural Australia n dollar bond issue in a rare "kangaroo" offer, bringing a fresh industrial face to a market crowded with financial and sovereign borrowers. Kangaroo bonds refer to Australia n
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Report: BP seeking $7.9B for Gulf oilfields
New York :: NY :: USA | 9 months ago
Credibility
BP PLC is asking for up to $7.9 billion for some of its oilfields in the Gulf of Mexico as it continues to sell assets after the 2010 oil spill, according to Bloomberg News. According to the report Tuesday, which cited two people
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BP sells US refinery, Arco retail to Tesoro
Mexico City :: Mexico | 9 months ago
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Oil company BP says it has agreed to sell its refinery in Carson, California and other West Coast assets to Tesoro Corp. BP said Monday that Tesoro is paying $2.5 billion cash for the refinery, pipelines, storage terminals and Arco-branded retail
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BP reports sharp fall in profits
Moscow :: Russia | 10 months ago
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BP profits fall sharply after it cuts asset values BP admitted that it had a "weak" quarter Oil giant BP has reported a sharp fall in profits in the second quarter of the year after it had to cut the value of a number of its key assets...BP said it
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Chevron ordered to pay US$19b in environmental damages
Moscow :: Russia | 10 months ago
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Chevron has been ordered to pay more than $19 billion in environmental damages, $1 billion more than originally decided, after an Ecuadoran court adjusted the amount on appeal, a source said. "Due to an involuntary calculation error, the reparations
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Rosneft signals interest in BP's stake in TNK-BP
Moscow :: Russia | 10 months ago
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Russian state-controlled oil company Rosneft has signaled its interest in acquiring BP's share in its Russian joint venture TNK-BP. BP is now being courted by two potential buyers as TNK-BP's Russian shareholders recently
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Rosneft signals interest in BP's stake in TNK-BP
Moscow :: Russia | 10 months ago
Credibility
Russian state-controlled oil company Rosneft has signaled its interest in acquiring BP's share in its Russian joint venture TNK-BP. Rosneft said in a statement Tuesday morning that it has informed BP of its interest in acquiring its stake in the firm.
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Board: BP missed the big hazard issues in spill
Washington :: DC :: USA | 10 months ago
Credibility
BP focused too much on the little details of personal worker safety instead of the big systemic hazards that led to the 2010 Gulf of Mexico oil spill and wasn't as strict on overall safety when drilling rigs involved other companies that they hired,
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Board: BP missed the big hazard issues in spill
Washington :: DC :: USA | 10 months ago
Credibility
BP focused too much on the little details of personal worker safety instead of the big systemic hazards that led to the 2010 Gulf of Mexico oil spill and wasn't as strict on overall safety when drilling rigs involved other companies that they hired,
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BP Calls for TNK-BP Dividend
Singapore :: Singapore | 10 months ago
Credibility
K. oil company BP PLC has proposed that its Russian joint venture TNK-BP pay shareholders a $1 billion interim dividend, TNK-BP said in a statement. The idea was suggested Friday at TNK-BP's first board meeting in more than half a year. Directors
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