BP for extending marketing, pricing freedom to gas fields

Last Updated: Friday, September 11, 2015, 22:07

BP Plc, Europe's second-largest oil company, Friday made a case for extending the marketing and pricing freedom given to operators of marginal and small oil and gas fields to conventional fields like KG basin D6 block.

UK government tells BP it would oppose takeover: Reports

Last Updated: Monday, April 27, 2015, 22:26

The British government has warned oil giant BP that it would oppose a foreign takeover of the company weakened in recent years by the Gulf of Mexico oil spill, media reports said Monday.

Egypt conference agrees billions in investments

Last Updated: Saturday, March 14, 2015, 22:35

Egypt had signed investment deals worth billions of dollars by Saturday, the second day of a three-day conference aimed at reviving the country`s troubled economy.

BP unveils $12 bn investment in Egypt gas fields

Last Updated: Friday, March 6, 2015, 17:43

British energy giant BP said Friday it would invest $12 billion (11 billion euros) in gas fields in Egypt together with Russian-owned partner DEA, calling it a "vote of confidence" in the country.

Energy giant BP says to cut 300 North Sea jobs

Last Updated: Thursday, January 15, 2015, 17:55

Energy giant BP said it was shedding 200 staff jobs and 100 contractors in its North Sea operations on Thursday following a sharp drop in oil prices.

Global energy demand growth slowing: BP Energy Outlook 2035

Last Updated: Monday, January 20, 2014, 13:00

Global energy demand continues to rise but that growth is slowing and is mainly driven by emerging economies led by China and India, says the BP Energy Outlook 2035.

BP engineer guilty of obstructing oil spill investigation

Last Updated: Thursday, December 19, 2013, 02:27

A drilling engineer for British oil giant BP was found guilty Wednesday of destroying text messages in his smartphone, obstructing the investigation into the 2010 Gulf of Mexico oil spill.

BP wins reprieve over Gulf spill payouts: US appeals court

Last Updated: Thursday, October 3, 2013, 09:32

BP Plc won a legal reprieve in its effort to force the administrator of a settlement related to the 2010 Gulf of Mexico oil spill to tighten standards in assessing claims, potentially sparing the oil company billions of dollars of extra costs.

BP tells court it did not dither in response to US Gulf spill

Last Updated: Wednesday, October 2, 2013, 11:20

BP Plc unnecessarily delayed the capping of its Macondo well and worsened the extent of the 2010 Gulf of Mexico oil spill through dithering and indecision, according to allegations by plaintiffs' lawyers on Tuesday that the British company denied.

BP lied about size of US Gulf oil spill: Lawyers

Last Updated: Tuesday, October 1, 2013, 15:40

In the frantic days after the 2010 Gulf of Mexico oil spill, BP lied about how much oil was leaking from its Macondo well and took too long to cap it, plaintiffs' lawyers said on Monday at the opening of the second phase of the company's trial.

US oil output soaring on shale boom: BP

Last Updated: Wednesday, June 12, 2013, 23:02

The United States enjoyed a record surge in oil and gas production last year, boosted by a shale energy revolution, British energy giant BP said on Wednesday.

BP holds maiden board meeting in India

Last Updated: Friday, May 17, 2013, 21:18

BP plc, Europe's second-biggest oil firm, Friday said it its board met for the first time in India this week to gain an understanding of opportunities in the world's third largest energy consuming nation.