Tag: BP

BP selling stakes in Alaska’s North Slope to Houston company

BP is selling off stakes in four Alaskan oil fields near the gigantic Prudhoe Bay, a move that would cut about 15 percent of its crude production in the state, the company said late Tuesday.  More »

Four years later: BP busier than ever in the Gulf of Mexico

BP has rebuilt its armada of deep-water drilling rigs to nearly double its size before the 2010 Gulf oil spill.  More »

Judge sets date for final chapter of BP oil spill trial

A federal court on Monday laid out a detailed schedule for the penalty phase of BP’s civil trial over the 2010 Gulf of Mexico oil spill, setting the first day of the key chapter in the trial for Jan. 20, 2015.  More »

Investors pursue class action in suit over BP’s pre-oil spill statements

BP and attorneys for BP shareholders argued in federal court Monday about whether more than 100 investors should be granted a class certification to pursue a securities lawsuit against the London oil company.  More »

Coast Guard: Gulf Coast cleanup efforts ‘far from over’

The Coast Guard is crying foul at BP’s statement this week that active cleanup efforts to remove oil along the Gulf Coast shorelines have ended.  More »

Ex BP-employee settles US insider-trading charges

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.  More »

BP says oil spill cleanup on the Gulf shoreline is complete

BP says it has completed operations to cleanse Gulf of Mexico shorelines of oil that spilled after Deepwater Horizon disaster in 2013.  More »

BP puts Texas Panhandle assets on market

BP is taking bids on its rights to about 280,000 gross acres of natural gas-rich properties in the Texas Panhandle, a spokesman said late Tuesday.  More »

Big Oil comes up short in shale

The same North American oil patches that have lifted Pioneer and other independent oil producers to an unprecedented status in the energy industry haven’t come up gushers for major integrated oil companies like Royal Dutch Shell and BP.  More »

Natural gas loses decades-old tie to oil in landmark deal

A contract for France’s largest natural gas company to buy the commodity from Azerbaijan shows the decades-old structure of Europe’s energy market is starting to crumble.  More »

Family says BP lied about man’s cause of death in terrorist attack

The family of a Houston man killed in a terror attack on a BP plant in Algeria early last year claims the oil company lied about how the man died and that its Internet access policy contributed to his death.  More »

Feds confront industry skepticism on new safety hotline

Federal regulators are pleading with the oil industry to ‘fess up when they dodge accidents at offshore production platforms, rigs and drillships.  More »
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