Sheila Williams News
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BP Plc, Europe’s second-largest oil company, said it’s reviewing plans to develop the Mad Dog 2 oil field in the Gulf of Mexico, citing market conditions and industry inflation.
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BG Group Plc’s valuation falling by half in less than two years is making even a $60 billion company look vulnerable to a takeover as oil giants hunt for growth in new frontiers.
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Dozens of BP Plc petrol stations in central London were shut down by members of environmental group Greenpeace, in a protest timed to coincide with the company’s appointment of a new chief executive officer.
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Web users dismayed by the BP oil leak are using Facebook and Twitter to channel outrage, organize cleanups, and poke fun at the public relations crisis facing the company behind the largest-ever U.S. spill.
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Koh Leong Teck, a Singapore-based fuel oil trader at BP Plc, has left the company, according to five people with knowledge of his departure.
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Federal prosecutors in New York have been examining transactions by Goldman Sachs Group Inc., accused of fraud by U.S. securities regulators, to determine whether to pursue a criminal case, according to two people familiar with the matter.
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BP Plc , seeking to cover clean-up costs from its Gulf of Mexico oil spill, is weighing the sale of some North Sea assets that may raise as much as $1 billion, according to a person familiar with the matter.
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Residents and businesses along the Gulf of Mexico face a weekend of watching and planning as the season’s first tropical storm formed off the Yucatan Peninsula.
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BP Plc pared gains after the oil company said it’s sticking to the schedule for the relief wells in the Gulf of Mexico to be completed in August.
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As many as 12 workers are missing after an explosion and a fire aboard a Transocean Ltd. oil rig leased to BP Plc in the Gulf of Mexico, the U.S. Coast Guard said.
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