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Judge limits attorneys' fees in BP oil spill case
NEW YORK A federal judge overseeing the massive litigation stemming from the 2010 Gulf of Mexico oil spill issued an order on Friday capping the amount attorneys can charge plaintiffs who participate in a settlement with BP Plc. U.S. District Judge ...
BP Sells Wyoming Gas Assets to Linn Energy for $1.03 Billion
BP Plc, the energy producer that's disposing of assets to help pay for the 2010 Gulf of Mexico oil spill, agreed to sell its stake in Wyoming natural-gas fields to Linn Energy LLC for $1.03 billion.
BP to Sell Wyoming Assets  Zacks.com
Russia offers to buy BP's $30 billion JV stake: source
LONDON/MOSCOW A Russian state firm has offered to buy BP Plc's (BP.L) half share in its Siberian joint venture, a source said on Friday, in what would amount to a stunning reversal for the British firm ... BP did not say who had made what it called ...
Former JPMorgan oil analyst Lawrence Eagles joins BP
June 14 Former JPMorgan energy analyst Lawrence Eagles has joined global oil major BP Plc, industry sources said on Thursday.
Venezuela Passes Saudis to Hold World's Biggest Oil Reserves
The South American country's deposits were at 296.5 billion barrels at the end of last year, data from BP Plc show. Saudi Arabia held 265.4 billion barrels, BP said yesterday in its annual Statistical Review of World Energy.
Kevin Costner, Stephen Baldwin in legal dispute over Gulf of Mexico oil spill ...
The suit was brought by actor Stephen Baldwin and his friend Spyridon Contogouris. It claimed that Costner and his business partner, Patrick Smith, duped them of their share of an US$18-million deal for BP PLC to buy the oil-separating centrifuges ...
Lawyers for actors Costner, Baldwin face off in trial  Reuters
Judge caps contingency fees in BP settlement
The deal doesn't have a cap, but London-based BP PLC estimates it would pay about $7.8 billion to resolve more than 100,000 claims by people and businesses who blame economic losses on the nation's worst offshore oil spill.
Iran Finds Massive Offshore Oil Field but Lacks Expertise to Drill
British supermajor BP holds the cards in terms of natural gas with its stake in the Shah Deniz gas complex in the Caspian Sea. BP Plc (NYSE:BP) is already pumping oil from the Azeri-Chiraq-Guneshli complex, assumed to be the largest oil field in the ...
BP Wants to Pay Below $15 Billion for Gulf Oil Spill [REPORT]
The Financial Times on Friday reported that BP PLC (BP) hopes to pay less than $15 billion to settle all penalties with the Department of Justice over the massive oil spill in the Gulf of Mexico two years ago, citing a person familiar with the discussions.
Why do PMs find the civil service so hard to reform?
Prime ministers from Ted Heath in the early 1970s onwards have tried to import business practices into government in an attempt to run UK PLC like a FTSE 100 industrial powerhouse; with varying degrees of success. At a recent speech the Cabinet Office ...