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BP PLC

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  • BP not susceptible to takeover: BP CEO Wednesday, 3 Jun 2015 | 1:15 AM ET
    BP not susceptible to takeover: BP CEO

    BP CEO, Bob Dudley, tells CNBC his company is "deeply viable" and that he sees "nothing but potential" in their balance sheets.

  • NEW YORK, June 3- Canada's Come By Chance refinery, located on the eastern island of Newfoundland, has bought Nigerian oil for the first time in at least a decade, the latest addition to the facility's diverse crude slate, according to Reuters customs data. The crude's relatively cheap price has drawn interest from the 115,000 barrel-per-day Come By Chance...

  • BP CEO: We're not a takeover target Tuesday, 2 Jun 2015 | 8:23 PM ET
    BP CEO: We're not a takeover target

    Bob Dudley, CEO of BP, says the oil giant remains a "deeply viable company" and is not susceptible to a takeover.

  • BP CEO: Shale gas revolution is 'very painful' Tuesday, 2 Jun 2015 | 6:46 PM ET
    BP CEO: Shale gas revolution is 'very painful'

    Bob Dudley, CEO of BP, says the shale gas revolution will be "very painful for many parts of the world," with the U.S. potentially the globe's new swing producer.

  • The joint declaration issued by six European oil and gas majors was cautiously embraced by the United Nations, which will host negotiations this December in Paris aimed at designing a plan to cut the fossil fuel emissions that scientists blame for rising temperatures. Total SA, Statoil, BP Plc, Royal Dutch Shell Plc, Eni and BG Group Plc called for "decisive action"...

  • The next fracking boom could be in Saudi Arabia Tuesday, 26 May 2015 | 12:25 PM ET
    Workers at an oil facility near Riyadh, Saudi Arabia.

    Technology made the US oil shale boom. New technology may allow oil giants Saudi Arabia and Norway to become the next fracking boomers.

  • May 22- A small offshore oil platform caught fire in shallow water near the coast of Louisiana on Friday and a sheen was seen in the sea after workers were evacuated, officials said. All 28 workers aboard were taken from the platform, located about 20 miles east of the boot tip of Louisiana, onto a nearby supply vessel and taken ashore. It was unclear how much oil had...

  • Early movers: BBY, OCR, HPQ, PFE, NKE & more Thursday, 21 May 2015 | 7:51 AM ET
    A trader works on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • May 20- Oilfield services provider Halliburton Co and contract driller Transocean Ltd said they have settled all claims with BP Plc related to the 2010 Gulf of Mexico oil spill. Halliburton, which did the cementing work for BP's well, had earlier blamed BP's decision to use only six centralizers for the blowout that spilled millions of barrels of oil for 87 days.

  • May 20- U.S. oilfield services provider Halliburton Co said it has reached an agreement with BP Plc to resolve issues related to the Gulf of Mexico oil spill in 2010.. The company said the agreement includes the dismissal of all claims against each other related to the spill. Halliburton said in September it reached a $1.1 billion settlement for a majority of...

  • TAMPA, Fla., May 20- A record dolphin die-off in the northern Gulf of Mexico was caused by the largest oil spill in U.S. history, researchers said on Wednesday, citing a new study that found many of the dolphins died with rare lesions linked to petroleum exposure. Millions of barrels of crude oil spewed into Gulf waters, and a dolphin die-off was subsequently seen...

  • HOUSTON, May 19- Marathon Petroleum Corp said on Tuesday it was disappointed by the rejection of a contract offer by striking workers at the company's Galveston Bay Refinery in Texas City, Texas. The stoppage at the Galveston Bay Refinery has become especially bitter as the union said the company was pushing proposals that would eliminate job security and roll...

  • TEXAS CITY, Texas, May 18- Hourly workers at Marathon Petroleum Corp's Galveston Bay, Texas, refinery voted on Monday to continue a strike, rejecting a contract proposal developed by a federal mediator aimed at ending a stoppage that has lasted three-and-a-half months. The workers voted by secret ballot at their Texas City, Texas, union hall within sight of the...

  • HOUSTON, May 14- Striking workers at Marathon Petroleum Corp's Galveston Bay, Texas, refinery are scheduled to vote on Monday on a new contract proposal hammered out by a federal mediator, company and union officials said on Thursday. National Labor Relations Board told labor and management that they had found merit to charges brought by the local union over...

  • HOUSTON, May 14- Striking workers at Marathon Petroleum Corp's Galveston Bay, Texas, refinery are scheduled to vote on Monday on a new contract proposal hammered out by a federal mediator, an official of the United Steelworkers union local chapter said on Thursday. National Labor Relations Board told labor and management that they had found merit to charges...

  • HOUSTON, May 13- LLOG Exploration, a privately-held oil and gas company focused on deepwater in the Gulf of Mexico, plans to drill a well into the block near where BP Plc's Macondo well ruptured in 2010, causing the worst offshore oil spill in U.S. history. LLOG Exploration, which has backers including Blackstone Energy Partners, received approval to drill a well in...

  • LLOG plans to drill in U.S. Gulf near blown out BP well Wednesday, 13 May 2015 | 5:42 PM ET

    HOUSTON, May 13- LLOG Exploration, a privately-held oil and gas company focused on deepwater in the Gulf of Mexico, plans to drill a well into the block near where BP Plc's Macondo well ruptured in 2010, causing the worst offshore oil spill in U.S. history. LLOG Exploration, which has backers including Blackstone Energy Partners, received approval to drill a well in...

  • HOUSTON, May 11- Striking workers at BP Plc's Whiting, Indiana, refinery ratified a new four-year contract on Monday, formally ending a three-month work stoppage, said the president of the United Steelworkers local chapter representing the hourly employees. The workers are scheduled to begin returning to work on May 18 in staggered groups, said USW Local 7 -1...

  • BP wins right to appeal some Gulf spill claims Saturday, 9 May 2015 | 5:57 AM ET
    Fire boat response crews battle the blazing remnants of the off shore oil rig Deepwater Horizon in the Gulf of Mexico on April 21, 2010.

    A U.S. court said BP deserves the right to appellate review of some damage claims awarded in connection with the 2010 Gulf of Mexico oil spill.

  • May 8- A U.S. federal appeals court on Friday said BP Plc deserves the right to appellate review of some damage claims awarded to people and businesses in connection with the 2010 Gulf of Mexico oil spill. The decision by the 5th U.S. Circuit Court of Appeals in New Orleans could help BP limit its payout to victims of the explosion of the Deepwater Horizon drilling...