british oil

BP to pay $7.8 bn to victims of oil spill


March 5th, 2012 - 11:13 am ICT by IANS
London, March 5 (IANS/EFE) British oil supermajor BP Plc said it has reached an out-of-court settlement estimated at $7.8 billion with victims of the 2010 Gulf of Mexico oil spill.In ... Read more...

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BP reaches oil spill deal


March 3rd, 2012 - 6:33 pm ICT by IANS
London, March 3 (IANS) British oil giant BP has agreed to pay $7.8 billion to American businesses hit by the Gulf of Mexico oil spill, The Telegraph reported Saturday.The company ... Read more...

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Vedanta buys out Cairn’s India subsidiary


December 8th, 2011 - 8:06 pm ICT by IANS
Mumbai, Dec 8 (IANS) British oil explorer Cairn Energy Thursday said it has completed with Anil Agarwal-promoted Vedanta Group the transaction for the sale of 40 percent of its stake ... Read more...

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BP to sell two Gulf of Mexico assets


November 19th, 2011 - 3:57 pm ICT by IANS
Washington, Nov 19 (IANS) British oil giant BP has agreed to sell its Pompano and Mica oil fields in the Gulf of Mexico to Stone Energy Offshore, a subsidiary of ... Read more...

Posted in Business |

US allows BP to drill new Gulf deepwater wells


October 22nd, 2011 - 4:49 pm ICT by IANS
Washington, Oct 22 (IANS) The US has approved British oil giant BP's plan to drill new deepwater wells in the Gulf of Mexico.The project would be BP's first such well ... Read more...

Posted in Business |

BP seeks business in UAE


March 4th, 2011 - 1:18 am ICT by IANS
Sharjah, March 3 (IANS/WAM) British oil major BP is seeking cooperation with the Sharjah authorities for exploring oil resources in the emirates.Sharjah ruler Sheikh Sultan bin Mohammed Al Qasimi Thursday ... Read more...

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Brit pilot escapes bullet hit while evacuating civilians from Libya


March 1st, 2011 - 1:31 pm ICT by ANI
London, Mar 1 (ANI): A British Royal Air Force pilot steered his aircraft, carrying 150 civilian passengers, from Libya to safety despite receiving a bullet hit on his helmet.The brave airman ... Read more...

Posted in World |

BP Sued By US Government Over Gulf Oil Spill


December 16th, 2010 - 8:36 pm ICT by GD
By Ranjan Bhaduri Dec 16, (THAINDIAN NEWS) In a sensational development the Federal government's justice department has sued British Oil firm BP along with 8 other companies for the infamous Gulf of Mexico ... Read more...

Posted in Environment |

Disastrous BP oil well finally killed


September 20th, 2010 - 7:00 am ICT by IANS
Washington, Sep 20 (DPA) The final seal on BP PLC's ruptured oil well in the Gulf of Mexico is finally complete, the US official in charge of the disaster said Sunday. Five ... Read more...

Posted in Business |

13 rescued after Gulf of Mexico oil rig explosion


September 3rd, 2010 - 9:04 am ICT by IANS
Washington, Sep 3 (DPA) An offshore oil rig exploded and caught fire Thursday in the Gulf of Mexico, the US Coast Guard said. All 13 rig workers abandoning the rig and were ... Read more...

Posted in World |

Scottish minister stands by decision to free Lockerbie bomber


August 19th, 2010 - 10:18 pm ICT by IANS
London, Aug 19 (DPA) Scotland's Justice Minister Kenny MacAskill Thursday defended his controversial decision to free the convicted Lockerbie bomber on health grounds a year ago, saying that predicting how long a ... Read more...

Posted in Politics |

BP chief executive to step down (Second Lead)


July 25th, 2010 - 8:45 pm ICT by IANS
London, July 25 (DPA) BP chief executive Tony Hayward is to step down following intense criticism of his handling of the worst oil spill in US history, the BBC reported Sunday. Hayward negotiated ... Read more...

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BP chief executive Tony Hayward to step down (Lead)


July 25th, 2010 - 6:07 pm ICT by IANS
London, July 25 (DPA) BP Plc chief executive Tony Hayward is to step down following intense criticism of his handling of the worst oil spill in US history, British Broadcasting Corporation reported ... Read more...

Posted in Business |

BP oil spill: Emergency alarms were disabled to avoid waking up people at night


July 24th, 2010 - 1:33 pm ICT by ANI
London, July 24 (ANI): The testimony of an electronics technician Michael Williams who worked for Transocean, the Geneva-based company that owned the rig, that emergency alarms on board the Deepwater Horizon were ... Read more...

Posted in World |

BP to install tighter cap on oil well


July 10th, 2010 - 1:41 pm ICT by IANS
Washington, July 10 (DPA) Efforts by BP Plc to replace an existing cap on the gushing oil well in the Gulf of Mexico could begin Saturday, leading to a possible halt of ... Read more...

Posted in Business |

Pitt not making film on Gulf of Mexico oil spill


June 30th, 2010 - 2:02 am ICT by IANS
London, June 30 (IANS) Hollywood actor Brad Pitt is not making a movie on the Gulf of Mexico oil spill, says his representative. Gallons of oil have been spilling into the sea ... Read more...

Posted in Entertainment |

BP raises $50 bn for oil spill cost


June 20th, 2010 - 9:54 pm ICT by IANS
London, June 20 (DPA) British oil company BP was trying to raise an extra $50 billion to cover the cost of the devastating oil leak in the Gulf of Mexico, the weekly ... Read more...

Posted in Business |

BP to sue partner over Gulf clean-up cost


June 20th, 2010 - 8:34 pm ICT by IANS
London, June 20 (IANS) Troubled British oil firm BP is preparing to sue Anadarko, one of its partners in the collapsed Gulf of Mexico oil rig, accusing it of "shrinking responsibilities" over ... Read more...

Posted in Business |

BP Chairman: ‘We care about the small people’


June 17th, 2010 - 8:10 pm ICT by Aishwarya Bhatt
Washington DC, Jun 17 (THAINDIAN NEWS) The board chairman of the British oil giant - BP, has promised that the company would take care of the affected people and said the ... Read more...

Posted in Business |

Mexico wants $20 mn from BP to monitor oil spill


June 17th, 2010 - 6:56 am ICT by IANS
Mexico City, June 17 (IANS/EFE) The Mexican government may ask British oil giant BP for $20 million to monitor oil spill in the Gulf of Mexico, an official said. The funds will be ... Read more...

Posted in Environment |

President Barack Obama Lashes Out At BP In His Oval Office Speech


June 16th, 2010 - 7:34 pm ICT by GD
By Ranjan Bhaduri Washington, June 16, (THAINDIAN NEWS) US President Barack Obama lashed out at the British Petroleum in his speech given at the Oval office in White House last night and he ... Read more...

Posted in Politics |

Furious Obama pulls up oil giant BP for wasteful advertising, shareholder doles


June 5th, 2010 - 1:52 pm ICT by ANI
Gulf of Mexico (US), June 5 (ANI): US President Barack Obam has ripped the British oil giant, British Petroleum (BP), for blowing cash on advertising and dividends for shareholders."What I don't want ... Read more...

Posted in World |

EPA thinking about sanctions against BP


May 26th, 2010 - 7:49 pm ICT by Aishwarya Bhatt
Washington DC, May 26 (THAINDIAN NEWS) Officials of the United States of America's Environmental Protection Agency (EPA) are considering issuing sanctions against BP. Officials are considering whether to bar the British oil ... Read more...

Posted in Business, Environment |

BP Using Tube To Control Oil Leak


May 14th, 2010 - 9:16 pm ICT by Pen Men At Work
May 14, 2010 (Pen Men at Work): In the most recent endeavor to manage the oil leak in the Gulf of Mexico, British Petroleum (BP) is going to install another machine ... Read more...

Posted in Environment |

Colossal Oil Spill In The Gulf Of Mexico Approaching The Shore


May 1st, 2010 - 3:53 am ICT by Pen Men At Work
April 30, 2010 (Pen Men at Work): The major oil leak in the Gulf of Mexico is getting worse with the passage of every hour. It is getting closer to the gulf ... Read more...

Posted in Environment |

Major oil leak in Gulf of Mexico


April 27th, 2010 - 9:44 pm ICT by Pen Men At Work
April 27, 2010 (Pen Men at Work): A considerable oil spill was threatening in the Gulf of Mexico as the US Coast Guard officials corroborated on Saturday that the well at the ... Read more...

Posted in World News |

Oil exploration off Falklands turns up poor quality crude


March 30th, 2010 - 3:21 pm ICT by IANS
London, March 30 (IANS/EFE) A British oil company searching for crude oil in the waters around the disputed Falkland Islands has said that initial exploration turned up poor quality crude. Exploration in a ... Read more...

Posted in Business |

Spanish firm to look for oil near Falklands


February 26th, 2010 - 11:55 am ICT by IANS
Madrid, Feb 26 (IANS/EFE) Spain's Repsol YPF is planning to begin exploring for oil in Argentine waters near the Falkland Islands late this year, CEO Antonio Brufau said. The Falklands, known to Latin ... Read more...

Posted in Business |

Russia, India could reach $10 bn annual trade in 2010: Kremlin


December 7th, 2009 - 2:45 pm ICT by IANS
Moscow, Dec 7 (RIA Novosti) Russia and India could reach an annual trade of $10 billion in 2010, the Kremlin has said. Indian Prime Minister Manmohan Singh is in Russia on a ... Read more...

Posted in Business |

Cairn to begin oil production from Rajasthan this month


August 2nd, 2009 - 5:23 pm ICT by IANS
New Delhi, Aug 2 (IANS) Cairn India, part of the British oil explorer Cairn Energy, will start crude oil production from its Mangla oil fields in Barmer, Rajasthan, from the second week ... Read more...

Posted in Business |

British strikes ‘first of a flood’, union leader warns


February 4th, 2009 - 6:32 pm ICT by IANS
Brussels, Feb 4 (DPA) The row over the use of foreign workers in Britain which erupted Friday could be the "first in a flood" of cases across Europe if the European Union's ... Read more...

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Touching your shoes during conference can land you in jail!


December 18th, 2008 - 6:58 pm ICT by ANI
New York, Dec 18 (ANI): After the President George Bush shoe throwing incident, touching your shoe or holding it in your hand could land you in jail, as a transit rider ... Read more...

Posted in World |

Russian prosecutors summon CEO of Russian-British oil joint venture


July 26th, 2008 - 11:34 pm ICT by IANS
RIA Novosti Moscow, July 26 (RIA Novosti) The CEO of Russian-British oil venture TNK-BP Robert Dudley has been summoned by prosecutors here, the company said Saturday. Dudley had been told to appear at ... Read more...

Posted in World |

Iraq goes for oilfield modernisation in big way: Report


June 20th, 2008 - 7:06 pm ICT by IANS
RIA Novosti Washington, June 20 (RIA Novosti) Iraq is to sign by month-end over 30 contracts for development and modernisation of its oil fields with major western companies, a US daily has said. ... Read more...

Posted in Business |

British mercenary on trial in Equatorial Guinea


June 17th, 2008 - 8:23 pm ICT by IANS
DPA Nairobi, June 17 (DPA) The British mercenary Simon Mann was Tuesday set to come before a court in Equatorial Guinea to face charges of plotting a 2004 coup in which the son ... Read more...

Posted in World |

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