BP profits slide on lower oil output
May 02, 2012 | 08:04
BP net profits sank 18 per cent in the first quarter on lower oil output triggered by the sale of assets to meet costs of the Gulf of Mexico spill disaster, the British energy giant said on Tuesday.
BP, Rosneft extend share swap deadline to May 16
April 14, 2011 | 15:58
BP and Russian oil giant Rosneft have agreed to extend until next month a deadline to complete a $16 billion share swap that is key to a landmark Arctic exploration deal, the British group said Thursday.
Obama reverses oil drill expansion after BP spill
December 02, 2010 | 10:27
President Barack Obama on Wednesday reversed a March decision to expand offshore oil exploration to the Atlantic Ocean and eastern Gulf of Mexico, but said deepwater drilling could continue in the part of the Gulf hit by the BP disaster.
BP announces sale of Mexican Gulf assets to Japanese group
October 25, 2010 | 17:25
BP is selling its interests in four Gulf of Mexico deepwater fields to Marubeni Oil and Gas of Japan for $650 million just months after acquiring them, the British group said on Monday.
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