Last Updated: Wednesday, June 18, 2014, 18:47
With delays in regulatory nod and gas price revision frustrating its attempts to reverse falling gas output from KG-D6 field, BP chief executive Bob Dudley met Petroleum Minister Dharmendra Pradhan to press for early decisions.
Last Updated: Thursday, April 17, 2014, 19:01
Oil Ministry has sought legal opinion on the arbitration notices slapped by British energy giant BP and Niko Resources of Canada against levy of penalties for KG-D6 gas production falling short of target.
Last Updated: Wednesday, February 05, 2014, 19:47
BP Plc, Europe's second-largest oil company, has applied for licence to retail jet fuel or ATF at airports in India, Oil Secretary Vivek Rae said Wednesday.
Last Updated: Monday, January 20, 2014, 13:00
Global energy demand continues to rise but that growth is slowing and is mainly driven by emerging economies led by China and India, says the BP Energy Outlook 2035.
Last Updated: Thursday, December 19, 2013, 02:27
A drilling engineer for British oil giant BP was found guilty Wednesday of destroying text messages in his smartphone, obstructing the investigation into the 2010 Gulf of Mexico oil spill.
Last Updated: Thursday, October 03, 2013, 09:32
BP Plc won a legal reprieve in its effort to force the administrator of a settlement related to the 2010 Gulf of Mexico oil spill to tighten standards in assessing claims, potentially sparing the oil company billions of dollars of extra costs.
Last Updated: Wednesday, October 02, 2013, 11:20
BP Plc unnecessarily delayed the capping of its Macondo well and worsened the extent of the 2010 Gulf of Mexico oil spill through dithering and indecision, according to allegations by plaintiffs' lawyers on Tuesday that the British company denied.
Last Updated: Tuesday, October 01, 2013, 15:40
In the frantic days after the 2010 Gulf of Mexico oil spill, BP lied about how much oil was leaking from its Macondo well and took too long to cap it, plaintiffs' lawyers said on Monday at the opening of the second phase of the company's trial.
Last Updated: Wednesday, June 12, 2013, 23:02
The United States enjoyed a record surge in oil and gas production last year, boosted by a shale energy revolution, British energy giant BP said on Wednesday.
Last Updated: Friday, May 17, 2013, 21:18
BP plc, Europe's second-biggest oil firm, Friday said it its board met for the first time in India this week to gain an understanding of opportunities in the world's third largest energy consuming nation.
Last Updated: Friday, May 10, 2013, 17:34
UK's BP plc has relinquished, or surrendered, 12 out of the 21 oil and gas blocks where it had bought 30 percent stake from Reliance Industries for USD 7.2 billion, due to poor hydrocarbon prospects.
Last Updated: Monday, April 15, 2013, 20:36
On his second visit to India in as many months, Dudley along with Ambani met Prime Minister Manmohan Singh and senior government functionaries to brief them about their investment plans as also to seek clarity on regulatory issues.
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