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BP PLC

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  • *BP pays billions in compensation but some claims still unpaid. April 18- Four years after the Deepwater Horizon spill, oil is still washing up on the long sandy beaches of Grand Isle, Louisiana, and some islanders are fed up with hearing from BP that the crisis is over.

  • Ex BP-employee settles US insider-trading charges Thursday, 17 Apr 2014 | 1:22 PM ET

    WASHINGTON— A former BP employee who was a coordinator during the 2010 oil spill in the Gulf of Mexico has agreed to settle federal charges of using confidential information on the seriousness of the spill to profit illegally from trading in BP stock.

  • WASHINGTON, April 17- A former 20- year veteran of BP plc who oversaw the company's cleanup efforts from the Deepwater Horizon oil spill will pay more than $224,000 to settle civil charges alleging he used non-public information about the disaster to commit insider-trading, U.S. regulators said on Thursday.

  • Final Glance: Oil companies Wednesday, 16 Apr 2014 | 6:02 PM ET

    BP PLC rose$. 62 or 1.3 percent, to $48.39. ConocoPhillips rose$. 84 or 1.2 percent, to $73.78. Exxon Mobil Corp. rose $1.26 or 1.3 percent, to $99.94.

  • Midday Glance: Oil companies Wednesday, 16 Apr 2014 | 1:30 PM ET

    BP PLC rose$. 52 or 1.1 percent, to $48.29. ConocoPhillips rose$. 53 or. 7 percent, to $73.47. Exxon Mobil Corp. rose$. 82 or. 8 percent, to $99.50.

  • April 16- Signaling a tougher stance toward legal claims stemming from its recent recall over faulty ignition switches, General Motors Co said it will ask a U.S. court to bar lawsuits related to actions before its 2009 bankruptcy.

  • LONDON, April 16- When U.S. firm ConocoPhillips spun off its refining assets in 2011 to focus on more profitable oil production, it seemed only a matter of time before one of the oil majors followed suit. Europe's oil refining guru, Marcel van Poecke, believes the move will be repeated one day. They say:' We can buy BP for upstream and Valero for downstream.

  • Early Glance: Oil companies Wednesday, 16 Apr 2014 | 10:27 AM ET

    BP PLC rose$. 43 or. 9 percent, to $48.20. ConocoPhillips rose$. 43 or. 6 percent, to $73.37. Exxon Mobil Corp. rose$. 83 or. 8 percent, to $99.51.

  • GM to ask bankruptcy court for lawsuit protection Tuesday, 15 Apr 2014 | 10:48 PM ET

    DETROIT— General Motors revealed in court filings late Tuesday that it will soon ask a federal bankruptcy judge to shield the company from legal claims for conduct that occurred before its 2009 bankruptcy.

  • Shooting reported in Ukraine's east. By Richard Balmforth and Gabriela Baczynska. KIEV/ KRAMATORSK, Ukraine, April 15- Ukrainian armed forces on Tuesday launched a "special operation" against militiamen in the country's Russian speaking east, authorities said, recapturing a military airfield from pro- Moscow separatists.

  • *German firm starts sending gas to Ukraine. KIEV/ SLAVIANSK, Ukraine, April 15- Russia declared Ukraine on the brink of civil war on Tuesday as Kiev said an "anti-terrorist operation" against pro- Moscow separatists was under way, with troops and armoured personnel carriers seen near a flashpoint eastern town.

  • Noble Energy CEO Charles Davidson to retire Tuesday, 15 Apr 2014 | 9:03 AM ET

    HOUSTON— Noble Energy CEO Charles Davidson is retiring in the fall after more than a decade leading the oil and gas producer. Stover, 56, joined Noble Energy in 2002. Before that, he worked at oil companies BP, Vastar Resources and Atlantic Richfield.

  • WRAPUP 3-Russia says Ukraine on brink of civil war Tuesday, 15 Apr 2014 | 8:59 AM ET

    *German firm starts sending gas to Ukraine. KIEV/ SLAVIANSK, Ukraine, April 15- Russia declared Ukraine on the brink of civil war on Tuesday as Kiev said an "anti-terrorist operation" against pro- Moscow separatists was under way, with troops and armoured personnel carriers seen near a flashpoint eastern town.

  • Final Glance: Oil companies Monday, 14 Apr 2014 | 6:01 PM ET

    BP PLC rose$. 09 or. 2 percent, to $47.54. ConocoPhillips rose$. 64 or. 9 percent, to $71.51. Exxon Mobil Corp. rose $1.14 or 1.2 percent, to $97.86.

  • Helped by strong government support, plentiful labour and an abundant supply of raw materials like steel, China could become a major offshore oil equipment manufacturing hub in less than 10 years, industry executives say, just like Singapore and South Korea overtook the United States and Europe in the 1990 s.

  • FACTBOX-Commodity market squeezes of the past decade Monday, 14 Apr 2014 | 2:52 PM ET

    Glencore, named as a co-conspirator, also bought a number of Brent cargoes to satisfy a tender to supply refiners in India. STRATEGY: BP Plc was alleged to have bought nearly all the propane in the Mont Belvieu storage fields in advance, then held on to it until the end of the month, when other companies that needed the gas on a northern pipeline would pay up for it.

  • Midday Glance: Oil companies Monday, 14 Apr 2014 | 2:08 PM ET

    BP PLC rose$. 32 or. 7 percent, to $47.77. ConocoPhillips rose$. 56 or. 8 percent, to $71.43. Exxon Mobil Corp. rose $1.15 or 1.2 percent, to $97.87.

  • *Seen as key for expansion of Angola's oil industry. PARIS/ LUANDA, April 14- France's Total said it would go ahead with a deepwater project offshore Angola after cutting its cost to $16 billion, keeping Africa's No.2 producer on track to expand its oil industry.

  • Early Glance: Oil companies Monday, 14 Apr 2014 | 10:21 AM ET

    BP PLC fell$. 24 or. 5 percent, to $47.21. ConocoPhillips fell$. 13 or. 2 percent, to $70.74. Exxon Mobil Corp. rose$. 14 or. 1 percent, to $96.86.

  • Business Highlights Friday, 11 Apr 2014 | 6:30 PM ET

    Stung by the abrupt change in sentiment, the stocks of recent stars such as Netflix, Facebook, Twitter and LinkedIn are 20 percent to 45 percent below their recent peaks. NEW YORK— Investors drove the stock market lower for a second straight day Friday as they grew anxious that earnings growth was faltering.

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