oil giant bp

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...

Posted in Uncategorized |

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 |

Lockerbie bomber’s release ‘manipulated’ by Scottish government: US senators


September 30th, 2010 - 5:05 pm ICT by ANI
Washington, Sep 30(ANI): The Scottish government 'purposely manipulated' Lockerbie bomber Abdel Baset al-Megrahi's release to ensure that he was freed on compassionate grounds, US senators have claimed.Senator Robert Menendez, Senate Committee on ... Read more...

Posted in World |

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 |

Spike Lee slams Obama for oil spill


August 24th, 2010 - 1:01 am ICT by IANS
London, Aug 23 (IANS) Hollywood filmmaker Spike Lee has accused US President Barack Obama of an error of judgment for "trusting" bosses at oil giant BP to halt a potential environmental ... Read more...

Posted in Entertainment |

BP must ensure stopping of oil spill


August 14th, 2010 - 7:51 am ICT by IANS
Washington, Aug 14 (DPA) Oil giant BP must complete work on a relief well in order to be certain that the worst oil spill in US history has been stopped for good, ... Read more...

Posted in Business |

BP completes cementing plugged well


August 6th, 2010 - 6:32 am ICT by IANS
Washington, Aug 6 (DPA) Oil giant BP Plc Thursday completed its cementing job on the well that gushed oil for months into the Gulf of Mexico. The cement followed the heavy drilling mud ... Read more...

Posted in Business |

Robert Dudley to replace BP CEO Tony Hayward as oil giant reports $17 billion loss


July 27th, 2010 - 8:25 pm ICT by BNO News
LONDON (BNO NEWS) -- U.K. oil giant BP on Tuesday announced that embattled CEO Tony Hayward will step down by "mutual agreement" as the company's chief executive on October 1 after reporting ... Read more...

Posted in Business |

BP announces Hayward’s departure, reports $17 mn quarterly loss (Lead)


July 27th, 2010 - 4:19 pm ICT by IANS
London, July 27 (DPA) Oil giant BP Tuesday announced a record quarterly loss of $17.1 billion as a direct result of the Gulf of Mexico oil spill and said its embattled chief ... Read more...

Posted in Environment |

Obama, Cameron try to ease tensions over BP


July 21st, 2010 - 7:19 am ICT by IANS
Washington, July 21 (IANS) US President Barack Obama and British Prime Minister David Cameron Tuesday tried to ease recent tensions over the Gulf of Mexico oil disaster and oil giant BP's ... Read more...

Posted in World |

BP’s oil cap holding amid tense wait for test results


July 17th, 2010 - 10:08 am ICT by IANS
Washington, July 17 (DPA) BP's first successful effort to cap the ruptured oil well in the Gulf of Mexico held fast through Friday, but engineers will continue watching tensely for signs ... Read more...

Posted in Business |

British government says Megrahi release a ‘mistake’


July 16th, 2010 - 6:34 pm ICT by IANS
London, July 16 (IANS) The Scottish government is embroiled in a controversy over its decision last year to release the Lockerbie bomber, Abdelbaset Ali Mohmed al Megrahi, on compassionate grounds, with ... Read more...

Posted in Politics |

BP begins test for last effort to cap oil leak


July 15th, 2010 - 6:47 am ICT by IANS
Washington, July 15 (DPA) Oil giant BP Wednesday began a critical test to determine whether it can finally stop an oil leak that has been gushing from a ruptured well in the ... Read more...

Posted in Business |

BP Receives Fourth Bill Of $99.7 Million From The White House


July 14th, 2010 - 8:19 pm ICT by Pen Men At Work
July 14, 2010 (Pen Men at Work): The oil giant BP has received another Bill of $99.7 Million from the White House, which is the fourth bill. This amount is for ... Read more...

Posted in Business |

Passenger Jets Of Iran Continue To Obtain Fuel


July 6th, 2010 - 7:52 pm ICT by Pen Men At Work
July 6, 2010 (Pen Men at Work): An Iranian bureaucrat has mentioned that the Iranian jets continue to refuel at international airports. This assurance has stemmed from the Iranian establishment a ... Read more...

Posted in World News |

Iran Passenger Jets Denied Fuel In A Number Of Countries


July 6th, 2010 - 7:11 pm ICT by GD
By Ranjan Bhaduri July 6, (THAINDIAN NEWS) Iran reported recently that its passenger jets were not given fuel in a number of countries including the United Arab Emirates, the UK and Germany. The ... Read more...

Posted in World News |

BP oil spill cost rises to over $3 bn


July 5th, 2010 - 3:23 pm ICT by IANS
London, July 5 (DPA) The cost of clearing up the oil spill in the Gulf of Mexico has exceeded $3 billion, oil giant BP said in London Monday. The company said the cost ... Read more...

Posted in Environment |

Michael R. Bromwich To Lead New Oil Agency


June 22nd, 2010 - 7:32 pm ICT by GD
By Ranjan Bhaduri June 22, (THAINDIAN NEWS) A former federal prosecutor was appointed as the director of a government agency that looks after oil and gas development related work and offshore drilling too. ... Read more...

Posted in Politics |

Kevin Costner’s dream machine to help in the BP Oil Spill


June 20th, 2010 - 8:49 pm ICT by Aishwarya Bhatt
Los Angeles, Jun 20 (THAINDIAN NEWS) Kevin Costner hopes that his dream machine would help in the BP Oil Spill. He debuted with his dream machine on Friday, which separates the ... Read more...

Posted in Entertainment |

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 |

Kenneth Feinberg To Look After The Funds For BP Oil Spill Victims


June 17th, 2010 - 7:47 pm ICT by GD
By Gina Gomez Washington, June 17, (THAINDIAN NEWS) Highly renowned attorney Kenneth Feinberg who is known to have been overseen the September 11 Victim Compensation Fund in the wake of the terrorist attacks, ... Read more...

Posted in Politics |

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 |

BP agrees $20 bn claims fund


June 17th, 2010 - 3:02 am ICT by IANS
Washington, June 17 (DPA) Oil giant BP has agreed to set up a $20-billion fund to compensate local Gulf Coast businesses and fishermen devastated by the ongoing oil spill, US President ... Read more...

Posted in Business |

Fishermen Community Left Unimpressed By The Oval Office Speech Of President Obama


June 16th, 2010 - 7:32 pm ICT by GD
By Ranjan Bhaduri Washington, June 16, (THAINDIAN NEWS) The speech of President Barack Obama that he delivered from the oval office yesterday was watched by the politicians and residents with rapt attention.The ... Read more...

Posted in World News |

Obama vows to make BP pay for oil spill


June 16th, 2010 - 11:45 am ICT by IANS
Washington, June 16(IANS) US President Barack Obama has vowed to make oil giant BP to pay all clean-up costs and damages from what he called "the worst environmental disaster America has ... Read more...

Posted in Business |

US will use everything to stop oil epidemic: Obama


June 16th, 2010 - 8:20 am ICT by IANS
Washington, June 16 (DPA) President Barack Obama said Tuesday the US government would do everything needed to revive the Gulf Coast from the worst oil disaster in US history. In his first ... Read more...

Posted in Environment |

Obama to meet BP heads as oil spill continues


June 12th, 2010 - 5:49 am ICT by IANS
Washington, June 12 (DPA) US President Barack Obama will hold his first meeting next week with top officials from oil giant BP, the White House said Friday, as government scientists said ... Read more...

Posted in Business |

BP places ‘top cap’ over leak


June 6th, 2010 - 7:04 am ICT by IANS
Washington, June 6 (DPA) Oil giant BP has succeeded in placing a containment cap over the ruptured well head that is gushing oil into the Gulf of Mexico, but was working ... Read more...

Posted in Business |

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 |

Oil spill: BP cuts leaking part of well pipe


June 3rd, 2010 - 10:40 pm ICT by IANS
Washington, June 3 (DPA) Oil giant BP succeeded Thursday in cutting a portion of pipe that is gushing oil into the Gulf of Mexico, in what US government officials described as ... Read more...

Posted in Business |

US oil spill spreads to Mississippi, Alabama


June 2nd, 2010 - 10:06 pm ICT by IANS
Washington, June 2 (DPA) The massive oil spill that has already washed up on southern Louisiana's coastline has now spread east to the shores of Mississippi and Alabama, government officials said Wednesday. Admiral ... Read more...

Posted in Business |

US stocks decline as Gulf oil spill continues


June 2nd, 2010 - 5:52 am ICT by IANS
Washington, June 2 (DPA) US stocks fell Tuesday after oil giant BP declared that its most promising effort yet to cap an oil leak in the Gulf of Mexico had failed. Shares of ... Read more...

Posted in Business |

Mexico oil spill: US prepares for worst


May 31st, 2010 - 10:20 am ICT by IANS
Washington, May 31 (DPA) The US government is preparing for a months-long disaster in the Gulf of Mexico after the latest attempt by oil giant BP to plug a gushing well ... Read more...

Posted in Business |

Obama extends drilling halt as top-kill stops oil leak


May 28th, 2010 - 3:54 am ICT by IANS
Washington, May 28 (DPA) US President Barack Obama extended a moratorium on new deepwater offshore drilling Thursday as oil giant BP's critical top-kill operation had likely temporarily stopped an oil leak ... Read more...

Posted in Business |

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