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News
British Petroleum
British Petroleum News
BP Plc
16 Oct 2016
Govt grants license to BP Plc for setting up 3,500 petrol pumps in India
Government has formally granted a licence to BP Plc, Europe's third-biggest oil company, to set up 3,500 petrol pumps in India, making it the 10th company to enter the lucrative fuel retailing sector.
BP
06 Oct 2016
BP gets govt nod to set up retail pumps of petrol, diesel in India
BP Plc, Europe's third-biggest oil company, has received government approval to set up petrol pumps to retail petrol and diesel in India.
BP
14 Apr 2016
BP shareholders reject pay deal for chief executive Bob Dudley
Only 40.89 percent voted in favour of the deal in a non-binding vote which highlighted shareholder discontent at BP`s annual general meeting in London.
BP
13 Mar 2016
BP signals willingness to take back arbitration
After the oil ministry's tough talk, BP of the UK has signalled its desire to end arbitration seeking higher prices for natural gas from eastern offshore KG-D6 block that it co-owns with Reliance Industries.
BP
02 Feb 2016
BP slumps into $6.5bn loss for 2015 on oil collapse
British energy giant BP Tuesday said that it slumped into a vast loss in 2015, ravaged by the dramatic collapse in oil prices.
BP Plc
11 Sep 2015
BP for extending marketing, pricing freedom to gas fields
BP Plc, Europe's second-largest oil company, Friday made a case for extending the marketing and pricing freedom given to operators of marginal and small oil and gas fields to conventional fields like KG basin D6 block.
British Petroleum
27 Apr 2015
UK government tells BP it would oppose takeover: Reports
The British government has warned oil giant BP that it would oppose a foreign takeover of the company weakened in recent years by the Gulf of Mexico oil spill, media reports said Monday.
Egypt conference
14 Mar 2015
Egypt conference agrees billions in investments
Egypt had signed investment deals worth billions of dollars by Saturday, the second day of a three-day conference aimed at reviving the country`s troubled economy.
British Petroleum
06 Mar 2015
BP unveils $12 bn investment in Egypt gas fields
British energy giant BP said Friday it would invest $12 billion (11 billion euros) in gas fields in Egypt together with Russian-owned partner DEA, calling it a "vote of confidence" in the country.
British Petroleum
15 Jan 2015
Energy giant BP says to cut 300 North Sea jobs
Energy giant BP said it was shedding 200 staff jobs and 100 contractors in its North Sea operations on Thursday following a sharp drop in oil prices.
US judge
05 Sep 2014
BP ''grossly negligent'' in 2010 US spill, fines could be $18 billion
A US judge has decided that BP Plc was “grossly negligent” and “reckless” in the Gulf of Mexico oil spill four years ago, a ruling that could add nearly USD18 billion in fines to more than USD42 billion in charges the company took for the worst offshore environmental disaster in US history.
British Petroleum
02 Sep 2014
BP starts campaign to hire leaders
BP, Europe's second-biggest oil company, Tuesday started a recruitment campaign to select leaders for its refining and marketing business as also for IT services.
British Petroleum
25 Jul 2014
British energy secy meets Pradhan, discusses key issues
Weeks after Britain's BP and its partner Reliance Industries slapped an arbitration notice for delay in gas price hike, UK's Energy Secretary Edward Davey today met Oil Minister Dharmendra Pradhan to discuss outstanding issues.
British Petroleum
18 Jun 2014
BP chief meets Oil Minister Pradhan on India projs, gas price
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.
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