The total amount was not set, and BP has set aside over $8 billion to make the payments, but it now sees those business economic loss (BEL) payments escalating, and is challenging the way they are being calculated - calling some of the claims ...
"BP is delighted with this result. It will increase our frontier exploration exposure along Brazil's equatorial margin and plays to our strengths in deepwater.
On 30 April 2013, the Directors of BP p.l.c. announced that the interim dividend for the first quarter 2013 would be US$0.09 per ordinary share (US$0.54 per ADS).
There are things to love and loathe about most companies. Today, I'm going to tell you about three things to loathe about BP (LSE: BP) (NYSE: BP.US). I'll also be asking whether these negative factors make the FTSE 100 oil supermajor a poor investment ...
We are now actively engaged in exploring this new acreage,� said Guillermo Quintero, BP Brazil President. �The sale of our interest in the Polvo field is part of our ongoing global portfolio optimization as we reposition the company for long-term ...
British oil company BP said it is withdrawing some non-essential staff from Libya after Britain's government warned about deteriorating security in the capital Tripoli.
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