BP to buy exploration rights in Gulf of Mexico and Brazil from Devon Energy for $7 billion BP is expanding its dominant oil and gas operations in the Gulf of Mexico and dropping anchor off Brazil with a $7 billion deal to ...
FILE - In this Oct. 25, 2007 file photo, the BP (British Petroleum) logo is seen at a gas station in Washington. BP will spend $7 billion to buy exploration rights to areas in the Gulf of Mexico, offshore Brazil and Canada ...
Report: BP PLC emerges as leading candidate for Devon Energy's Gulf, international assets BP PLC, Europe's second-largest oil company, is the leading candidate to purchase assets worth more than $5 billion from independent oil and gas producer Devon Energy, the Wall Street ...
LONDON (Reuters) - The chief executive of Europe's largest oil company by production, BP Plc, enjoyed a 41 percent rise in total pay in 2009, even though profits dropped 45 percent. Tony Hayward took home 4.01 million pounds ($6.03 million) in salary, ...
BP plans to improve efficiency and reduce costs as it aims to boost pretax profit by $3B BP PLC pledged Tuesday to boost its annual pretax profit by more than $3 billion over the next two to three years, with plans for ...
<div><p>LONDON (Reuters) - An opposition blogger in Azerbaijan has been remanded in custody pending trial on hooliganism charges, prompting protests from his employer, oil major BP Plc, a media rights group said on its website.</p><p>Adnan Hajizade, a video blogger and member of ...
<div><p>LONDON (Reuters) - Oil giant BP Plc <BP.L> said it had increased its cost reduction targets for 2009 by 50 percent to $3 billion, as it reported a halving in second quarter profits due to lower oil prices and weaker refining margins.</p><p>Europe's ...
<div id="subtitle">BP Q2 profit down 53 percent on lower oil prices, CEO sees flat demand in near term</div><div><p>BP PLC, Europe's second largest oil company, said Tuesday that lower world oil prices drove second-quarter profit down by 53 percent compared with a year ...
<div id="subtitle">Shell net profit falls 67 percent in Q2 to $3.82 billion, new CEO vows improvements</div><div><p>Royal Dutch Shell PLC said Thursday its net profit fell 67 percent in the second quarter to $3.82 billion, reflecting a sharp decline in oil prices and ...
<div><p>LONDON (Reuters) - Environmentalists demanding an overhaul of the world economy to help save the planet met in London Wednesday for a week-long camp, one of the biggest tests of the capital's police since the G20 demonstrations.</p><p>While the event got off to ...
