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BP 02/09/2010

18:04 : Oil rig explodes in Gulf of Mexico - Explosion off Louisiana raises pollution fears after BP oil spill, but coastguard say damaged rig is not in productionAnother oil rig in the Gulf of Mexico suffered an explosion today, raising fears of more pollution ...
Source : guardian-co-uk
04:04 : BP asset sales close to $10bn - The UK group is selling stakes in two petrochemical businesses to Petronas for $363m, which will go towards its target of raising up to $30bn to help pay for the Gulf of Mexico spill
Source : ft-com
02:43 : Now BP sells its Malaysian chemicals arm to help pay Gulf bills - THE fallout from the Gulf of Mexico oil spill continues to be felt at BP, which yesterday announced plans to sell its chemicals businesses in Malaysia.
Source : scotsman-com

BP 01/09/2010

23:49 : BP ready to publish findings of probe - The UK oil group's internal report into the Gulf of Mexico oil spill will focus on a combination of breakdowns and mistakes in the lead-up to the disaster on April 20
Source : ft-com
17:20 : BP sells Malaysian petrochemical operations to Petronas - BP continued its asset disposals to pay for the cost of the Gulf of Mexico oil spill with a $363m (£235m) sales of its Malaysian petrochemical operations to state-owned Petronas.
Source : telegraph-co-uk
09:34 : BP, Brightoil vie to lead fuel oil as dynamics shift - SINGAPORE (Reuters) - China's Brightoil is wrestling with top players BP and Shell for leadership of the world's largest fuel oil market, in a tough trading climate that makes it difficult for any one player to hold ...
Source : reuters-com

BP 30/08/2010

18:46 : REFILE-Bad weather delays retrieval BP blowout preventer-US gov - HOUSTON, Aug 30 (Reuters) - BP Plc delayed retrieval of the failed blowout preventer atop its ruptured Gulf of Mexico oil well this week because of bad weather, the top U.S. official overseeing the oil spill ...
Source : reuters-com

BP 27/08/2010

02:07 : BP steers clear of controversial Greenland oil bids - BP HAS decided not to bid for a drilling licence near Greenland, a move government officials there say may be due to its tarnished safety image after the disastrous blowout of
Source : scotsman-com

BP 26/08/2010

19:17 : BP boosted as FTSE 100 recovers from seven year low - BP has moved higher following a positive note from analysts at Credit Suisse, which suggested the company's shares could soon benefit from the Gulf of Mexico oil leak finally being resolved and the ...
Source : guardian-co-uk
14:45 : BP shares edge higher as Credit Suisse points out the positives - BP shares have ticked up following a positive note from analysts at Credit Suisse, which suggests the company will shortly receive the benefit of the Gulf of Mexico oil leak finally being resolved and ...
Source : guardian-co-uk
07:57 : Microbes degrade plume from Gulf of Mexico oil spill - A study by scientists at the Lawrence Berkeley National Laboratory has found that microbes have degraded virtually all of the oil in the deepwater plume that resulted from the BP oil spill in the Gulf of Mexico.

BP 25/08/2010

21:11 : KBR Awarded Second Contract by BP for West Nile Delta Development - KBR (NYSE: KBR) announced today that it has been selected by BP to undertake the second stage of concept selection and definition for the onshore terminal and export pipelines for BP’s West Nile Delta Development in Egypt. ...
19:14 : BP down on new US deepwater drilling regulations - European equities markets were lower again Wednesday on more bad economic news from the United States as new home sales dropped to the lowest on record in July, while durable goods orders rose there last month, ...
04:49 : BP bidding for oil projects off Greenland - report - LONDON (Reuters) - Oil giant BP is among 12 companies bidding to develop offshore exploration blocks off Greenland's coast, a newspaper reported on Wednesday.
Source : reuters-com

BP 24/08/2010

09:12 : Administrator takes over BP spill compensation fund - BP said it has already paid out nearly $400 million to individuals and businesses in response to the Gulf of Mexico oil spill, as it handed over responsibility for further claims to an independent assessor.
Source : citywire-co-uk
04:28 : BP's spill claims handed to independent assessor - The process of adjudicating damages claims against BP for the Gulf of Mexico oil disaster was officially transferred to an independent organisation yesterday – but anger along the Gulf Coast and legal uncertainty surrounding ...

BP 23/08/2010

23:52 : Compensation czar takes charge of £12.9 billion BP fund - BILOXI, Mississippi (Reuters) - A $20 billion (12.9 billion pound) compensation fund for economic victims of the BP Plc Gulf oil spill opened for business on Monday amid accusations that rules set out by its administrator are unfair.
Source : reuters-com
12:57 : BP Logix Announces Record Quarter - BP Logix, developer of BPM software that enables businesses to predict and adapt to changing conditions, today announced a record quarter for the period ending July 31, 2010...
12:38 : Oil Industry Plans Better Safety After Spill - The boss of UK-based oil and gas services company Petrofac has told Sky News that since the BP oil spill the whole industry is working to improve safety.
Source : news-sky-com

BP 21/08/2010

18:32 : BP told to submit blowout preventer removal plan - HOUSTON, Aug 21 (Reuters) - BP Plc will remove a failed blowout preventer from its ruptured Macondo well in the Gulf of Mexico under watchful eyes of investigators probing the deadly April 20 explosion, the top U.S. official overseeing ...
Source : reuters-com

BP 20/08/2010

22:30 : BP oil leak victims face strings on $20bn spill fund - Victims of the Gulf of Mexico oil spill will waive their right to sue BP staff and the energy major if they take money from the official $20bn (£13bn) compensation fund.
Source : telegraph-co-uk
15:52 : BP Well Manager Said No Warning of Blowout Before Disaster - BP Plc’s senior manager on the Deepwater Horizon rig saw no indications that natural gas was surging up a pipe before the explosion that set off the biggest U.S. oil spill, according to notes from an internal inquiry.
Source : businessweek-com
15:52 : BP Final Kill on Gulf Well May Happen After Labor Day - BP Plc’s “bottom-kill” procedure to permanently plug the Gulf of Mexico Macondo well may happen the week after the Sept. 6 U.S. Labor Day holiday, National Incident Commander Thad Allen said.
Source : businessweek-com
11:56 : BP settlements may shield top defendants - report - WASHINGTON (Reuters) - Those seeking a settlement from the BP $20 billion (12 billion pound) compensation fund may have to waive their rights to sue all major defendants involved with the Gulf of Mexico oil spill, not ...
Source : reuters-com
11:37 : Ex-traders counter-sue BP over staff exodus - The former head of commodities trading for BP in Singapore has counter-sued the oil company, after it accused him of breaching his contract by allegedly poaching staff for a rival business.
Source : telegraph-co-uk

BP 19/08/2010

22:40 : BP oil spill: US scientist retracts assurances over success of cleanup - NOAA's Bill Lehr tells Congress that three-quarters of the oil that gushed from the Deepwater Horizon rig is still in the ocean A senior government scientist admitted for the first time today that three-quarters of the oil that gushed ...
Source : guardian-co-uk
20:24 : BP oil spill: scientists find giant plume of droplets 'missed' by official - A 22-mile plume of droplets from BP's Deepwater Horizon well in the Gulf of Mexico undermines claim that oil has degraded • White House claim that spilled oil has vanished is disputed • BP oil spill: ...
Source : guardian-co-uk

BP 16/08/2010

23:38 : US government calls for new laws to halt repeat of deepwater oil spill - Announcement follows White House report that found BP received exemptions for its Gulf well based on decades-old dataThe Obama administration is calling for environmental reviews for all new deepwater oil drilling, spelling an end, ...
Source : guardian-co-uk
20:49 : BP raises $5bn in loans from oil revenue - BP has raised $5bn in new loans by pledging revenues from oil sales for the first time in a bid to bolster its liquidity following the Gulf of Mexico spill
Source : ft-com
19:13 : BP falls on legal action worries as FTSE struggles for direction - BP was among the leading fallers as the market put in another volatile performance before ending virtually unchanged.Shares in the oil company lost 6.65p to 409.75p as investors became nervous about the prospects of a range of legal ...
Source : guardian-co-uk
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