BP may announce a plan to take a bigger piece of Russian oil giant Rosneft through a stock swap, according to the Financial Times. BP CEO Bob Dudley will hold a press conference tonight to discuss a deal with Rosneft, although …
BP’s stock has dropped over 7% on Monday morning as the oil company begins another week in the Gulf and now, in …
NEW YORK (MarketWatch) -- BP PLC BP, +0.00% said Monday it agreed to sell its 50% stake in Russian oil producer TNK-BP to state-run Rosneft in a deal consisting of two tranches. BP will sell its stake for $17.1 billion in cash plus …
Weeks before the Deepwater Horizon oil rig explosion killed 11 and sent anywhere from 23 to 49 million gallons of oil gushing into the Gulf of Mexico, BP chief Tony Hayward sold about a third of his stocks, saving him 423,000 pounds …
There’s nothing quite like the interesting ethics of the Republican Party. A multimillionaire House Republican who owns thousands of shares of BP stock has no plans to recuse himself from a congressional investigation related to the Gulf …
Photo: Mike Mozart. Licence: https://creativecommons.org/licenses/by/2.0/ Energy giant BP’s (LSE: BP) stock price has trended lower in recent weeks as fresh fears over the oil market’s chronic supply imbalance has crimped investor …
BP’s decision to suspend dividends for the rest of 2010 has made it a ‘dead stock’ and a challenge to UK equity income fund managers. Figures from Morningstar reveal 5.5% of the IMA UK Equity Income sector was invested in the oil major …
NEW ORLEANS — BP's stock plummeted and took much of the market down with it Tuesday as the federal government announced criminal and civil investigations into the Gulf of Mexico oil spill . BP engineers, meanwhile, tried to recover …
Is BP's Upstream Portfolio Poised for Growth? (Continued from Prior Part) Integrated stocks recuperate in 2016 In 2015, falling oil prices affected the upstream earnings of integrated energy companies. This was duly reflected in their stock