Andy Inglis News
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BP Plc’s investors can add more claims to a multibillion-dollar lawsuit accusing the company of lying before and after the 2010 Gulf of Mexico oil spill, a U.S. judge ruled.
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Petrofac Plc is set to appoint Andy Inglis , BP Plc’s former head of exploration and production, as head of its Energy Development unit, the Daily Telegraph said, without attribution. Inglis’s appointment to the Petrofac board may come as early as today, the newspaper said.
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BP Plc’s Robert Dudley ousted Andy Inglis , head of drilling at the time of the Gulf of Mexico oil spill, and set up a safety unit to oversee the company’s operations in a bid to restore its reputation.
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BP Plc, Europe’s second-biggest oil company, is reorganizing the management its of exploration and production business.
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BP Plc last September tapped into a new oilfield called Tiber, estimated to hold at least 3 billion barrels of crude, or six months’ worth of U.S. consumption.
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BowLeven Plc, the U.K. oil explorer focusing on Cameroon, jumped the most in four months in London after finding a partner to help it develop a permit in the central African nation.
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BP Plc awarded directors Iain Conn and Byron Grote 30 percent of their target bonuses following the Gulf of Mexico spill last year while the rest of the company received none.
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BP Plc, Europe’s second-largest oil company, is continuing to restore production at Azeri fields after a gas leak halted some output in September.
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Robert Dudley , who becomes chief executive officer at BP Plc this week, will try to convince investors he can improve safety without hampering the industry’s most efficient oil exploration business.
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The following is a list of companies whose shares may have unusual price changes in U.K. and Irish markets. Stock symbols are in parentheses and prices are from the last market close.
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