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BP strategic plan to increase its profitability
BP today outlined plans to further boost efficiency and reduce costs with the aim of improving its annual underlying pre-tax profitability by more than $3 billion over the next two to three years.
03 March 2010 , 12:54British Petroleum
BP outlook for the oil and gas industry in 2010
BP warned on Tuesday of a “ slow and gradual” recovery in its US and European markets as the oil company disappointed investors with its fourth-quarter results.
03 February 2010 , 11:31Ed CrooksFinancial Time
BP Exits Indonesian Field
BP has put up for sale a 46 percent stake in an offshore oil and gas field in Indonesias West Java
02 March 2009 , 09:08Ksenia Kochneva
BP Chairman Extends His Tenure
BP chairman Peter Sutherland has agreed to extend his tenure into the autumn amid growing shareholder disquiet over the company's choice of successor, the Financial Times reported on Saturday.
02 February 2009 , 15:24Ksenia Kochneva
British Energy Workers Go On Strike
Hundreds of energy workers across the UK have taken strike action Friday in protest over the use of foreign workers on a multimillion-dollar oil refinery project on the northeast coast of England
02 February 2009 , 14:57Ksenia Kochneva
BP To Sell Its Stake in CPC To KazMunaiGaz
British oil major BP has agreed with KazMunaiGaz of Kazakhstan to sell its stake in a joint venture that holds 1.75% of the Caspian Pipeline Consortium, RIA Novosti reported reffering to a source in Russian pipeline monopoly Transneft
17 December 2008 , 15:32Ksenia Kochneva
BP Is To Back Expansion Of CPC
BP finally made decision to back the long-delayed expansion of the CPC pipeline from Kazakhstan to Russia, it will happen as early as December if it faces no obstacles in selling its stakes in the venture
01 December 2008 , 10:47Ksenia Kochneva
Transneft Could Take BP to Court Over CPC
All shareholders but BP have agreed to expand Caspian Pipeline. Russian pipeline monopoly Transneft said it could be the reason to take BP to court
20 November 2008 , 11:43Ksenia Kochneva
Oil Companies are Likely to Consolidate
Advisory Services LLP, which advises energy clients, said on a recent Webcast that with as many as 10,000 companies in the US alone, the oil patch is well placed for more consolidation
19 November 2008 , 12:20Jo Amey
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