BP plc
BP to pay biggest ever penalty to settle Gulf spill: source
Nov 15, 2012 11:40 EST
BP will pay the largest criminal penalty in US history to settle charges and claims arising from the devastating 2010 Gulf of Mexico oil spill, a source close to the case said Thursday.
BP agrees to pay over $4.5 billion in US fines
Nov 15, 2012 11:20 EST
British energy giant BP on Thursday said it had agreed to pay more than $4.5 billion in US fines related to the devastating 2010 Gulf of Mexico oil spill, including $4.0 billion in criminal claims.
European equities slip as eurozone tips into recession
Nov 15, 2012 10:04 EST
Europe's main stock markets slid on Thursday following news that the 17-nation eurozone economy fell into recession in the third quarter as a result of the region's sovereign debt crisis, dealers said.
BP in talks to settle over Gulf spill disaster
Nov 15, 2012 09:47 EST
British energy giant BP revealed Thursday that it was in "advanced" talks with US authorities to settle criminal charges and other claims arising from the devastating 2010 Gulf of Mexico oil spill disaster.
BP in 'advanced discussions' to settle Gulf spill cases
Nov 15, 2012 06:20 EST
British energy giant BP revealed Thursday that it was in "advanced" talks with US authorities to settle criminal charges and claims arising from the devastating 2010 Gulf of Mexico oil spill disaster.
BP in 'advanced discussions' to settle Gulf spill
Nov 15, 2012 04:24 EST
British energy giant BP said on Thursday it was in advanced discussions to settle open criminal and regulatory cases with US authorities over the 2010 Gulf of Mexico oil spill disaster.
Global CO2 emissions 'hit new record'
Nov 13, 2012 11:02 EST
Global carbon dioxide emissions hit a new record last year at 34 billion tonnes, with China still topping the list of greenhouse gas producers, a German-based private institute said Tuesday.
Rosneft doubles profits ahead of TNK-BP buyout
Nov 01, 2012 16:25 EDT
Russia's oil champion Rosneft beat expectations on Thursday by doubling quarterly profits to $5.8 billion in advance of its controversial $61 billion acquisition of the private rival TNK-BP.
Rosneft reports doubled profits ahead of TNK-BP buyout
Nov 01, 2012 07:31 EDT
Rosneft beat analysts' expectations on Thursday by reporting more than doubled quarterly profits to $5.8 billion in advance of its controversial $61 billion acquisition of Anglo-Russian rival TNK-BP.
Shell struggles in Q3 amid 'volatile' energy markets
Nov 01, 2012 06:14 EDT
Energy giant Royal Dutch Shell reported on Thursday a 2.0-percent rise in net profit to $7.139 billion (5.514 billion euros) in the third quarter, saying it had faced "volatile energy markets".
Shell says Q3 net profit rises 2% to $7.139 bln
Nov 01, 2012 05:04 EDT
Energy giant Royal Dutch Shell said on Thursday that net profits climbed by two percent to $7.139 billion (5.514 billion euros) in the third quarter, when the group faced weaker oil and gas prices.
BP raises dividend as profits jump
Oct 30, 2012 11:42 EDT
BP on Tuesday posted earnings far stronger than expected and hiked its dividend as the British energy giant prepared for a new Russia adventure after being rocked by the devastating Gulf of Mexico oil spill.
BP says net profit hit $5.43 bn in third quarter
Oct 30, 2012 05:16 EDT
British energy giant BP on Tuesday said its net profit jumped 7.7 percent to $5.43 billion in the third quarter compared to the equivalent period last year as income from divestments offset lower output.
BP, Rosneft reach for skies but challenges ahead
Oct 28, 2012 01:33 EDT
BP and Rosneft will transform the landscape of the global energy industry with their mega oil deal but the two companies still face challenges to close the transaction and then reap the benefits.
European stocks slip amid BP-Rosneft mega deal
Oct 22, 2012 12:46 EDT
European shares fell on Monday as investors digested a blockbuster deal that leaves British oil group BP with nearly a fifth of the Russian giant Rosneft, and also took stock of a souring outlook from the heavy equipment maker Caterpillar.
FTSE closes lower
Oct 22, 2012 12:36 EDT
Stocks in London fell on Monday, as investors digested a blockbuster deal that leaves British oil group BP with nearly a fifth of the Russian giant Rosneft.
Russia's Rosneft and BP strike mega oil alliance
Oct 22, 2012 11:25 EDT
Rosneft on Monday ceded a fifth of its shares to BP in a $61 billion game-changing deal that will let Rosneft pump half as much oil as Saudi Arabia and make BP a long-term partner of the Russian state.
Europe stocks stable amid BP-Rosneft mega deal
Oct 22, 2012 09:19 EDT
European equities steadied on Monday as investors digested a $61-billion (47-billion-euro) blockbuster deal leaving British oil group BP with nearly a fifth of Russian energy giant Rosneft.
BP, Rosneft agree mega shake-up of Russia energy landscape
Oct 22, 2012 08:32 EDT
Rosneft gobbled up BP's highly-profitable Russian joint venture, transforming itself into a top player in the global oil sector in a $61 billion (47 billion euro) deal on Monday that gives the BP nearly a fifth of the Russian energy giant and ensures access to key Arctic resources.
BP sells TNK-BP stake to Rosneft
Oct 22, 2012 07:38 EDT
British oil firm BP said Monday that it has agreed to sell its half of Russian venture TNK-BP to Rosneft for $17.1 billion (13.1 billion euros) and another 12.84 percent share in the state energy giant.
