BP PLC (BP.L)
BP PLC did not violate a federal law governing employee benefit plans by continuing to invest in company stock despite knowing about safety risks in the time before the deadly Deepwater Horizon oil spill, a U.S. appeals court said on Tuesday.
A federal judge has let move forward a man's lawsuit alleging BP PLC used without compensating him his design for a prototype cap to stop the flow of oil from the Deepwater Horizon disaster in April 2010.
CAIRO BP has signed amendments to the Temsah, Ras El Barr and Nile Delta Offshore concessions in Egypt, allowing for the development of the Nooros field, the company said on Tuesday.
HOUSTON A tanker carrying over 1 million barrels of U.S. light crude finished discharging on Monday after a 100-day wait related to payment delays from Venezuela's state-run PDVSA to oil major BP Plc, according to Thomson Reuters vessel tracking data.
MUMBAI Castrol Ltd, a unit of BP Plc , is selling an up to $261 million stake in Castrol India Ltd in a block trade on Tuesday, according to a termsheet seen by Reuters.
FRANKFURT/LONDON At least three leading chemical companies are set to vie for BP's stake in Chinese petrochemicals joint venture SECCO which could fetch more than $2 billion, sources close to the process said.
FRANKFURT/LONDON, Sept 14 At least three leading chemical companies are set to vie for BP's stake in Chinese petrochemicals joint venture SECCO which could fetch more than $2 billion, sources close to the process said.
BUENOS AIRES, Sept 14 BP does not plan to increase annual investments this decade but still expects to bring nine new projects online in 2017 as it focuses on improving efficiency, Chief Executive Bob Dudley said in an interview on Wednesday.
HOUSTON - Venezuela's cash-strapped state oil giant PDVSA will end up paying at least $130 million more than it planned for crude imports after payment delays to major BP Plc, according to internal documents analyzed by Reuters.
* Nomination committee nominated Bernard Looney, chief executive upstream in BP and Kate Thomson, group head of tax in BP as new members of Det norske's board of directors