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18 Oct 2010, 4:31 am
Russia's TNK-BP, the joint venture between BP and a group of Russian billionaires, said on Monday it would acquire BP's production and pipeline assets in Vietnam and Venezuela for $1.8 billion, Reuters said. [read post]
1 Jun 2012, 1:04 am
The announcement on Friday came as a surprise because TNK-BP has been a lucrative investment for BP, Julia Werdigier reports in The New York Times. [read post]
10 Jun 2013, 11:17 am
(BP Careers, via Glassdoor.)Related posts: Is the BP Disaster a Wake-up Call for the Ombuds Field? [read post]
15 Jan 2011, 3:28 am
Feinberg was asked by BP and the White House together to administer the claims process, the contract is a private one, signed only by BP and Feinberg. [read post]
11 Jun 2010, 7:34 pm
Creditors will be paid in full if BP is overall solvent, but if BP is short of cash, the most likely outcome in chapter 11 is payment in BP shares -- in short, the shareholders will either be diluted or eliminated. [read post]
29 Jul 2010, 7:53 am
TNK-BP, the Russian joint venture of the troubled oil giant, said Thursday that it was interested in the Venezuelan assets of BP, which is in the process of selling off up to $30 billion in holdings in the wake of its Gulf of Mexico oil spill. [read post]
5 Mar 2012, 10:52 am
The U.S. government plans to legally pursue BP, despite BP’s recent out of court settlement for $7.8B with individual plaintiffs. [read post]
17 Jun 2010, 5:08 am
Does that mean I should start enjoying my 5% cashback BP credit... [read post]
28 Dec 2011, 12:40 pm
Under a legal settlement announced on Friday, Dec 16 by BP, Cameron International, maker of the Deepwater Horizon blowout preventer that failed to stop the disastrous oil spill in the Gulf of Mexico last year, has agreed to pay $250 million to BP. [read post]
24 Apr 2012, 12:37 pm
Mix is accused of deleting a string of 200 text messages with a BP supervisor in October 2010 that involved internal BP information about how efforts to cap the Macondo well were failing. [read post]
4 Jun 2010, 6:21 am
As BP moves through plans B through G in its attempts to stop the oil flow, and some analysts are suggesting BP faces liability of $40 billion or more, Congress has been looking at raising the current $75 million cap on BP's liability under federal law.The disconnect between $75 million and $40 billion is striking -- and we should be clear that every dollar of cap below the actual damages caused by this event represents a subsidy to BP. [read post]
22 Jun 2010, 4:12 am
Tony Hayward Chief Executive Officer BP PLC 1 St. [read post]
2 Oct 2013, 9:06 pm
The New York Times reports that an appellate panel has remanded the BP settlement appeal for "clarification" of the settlement in response to BP's allegations that the settlement adminstrator was paying claims to non-injured claimants and engaging in other wasteful... [read post]
25 Jul 2010, 10:30 pm
BP started with series of... [read post]
30 Jul 2010, 4:17 am
PART 1 BP OIL SPILL RESPONSE OPERATIONS. [read post]
9 May 2011, 11:29 am
In 2009, the federal administration sued BP again. [read post]
5 Jul 2010, 7:28 pm
Of course, BP's partners, Anadarko Petroleum Corp. and Mitsui Oil Exploration Company of Japan, share BP's motivations. [read post]
21 Oct 2010, 4:10 pm
Persons filing bankruptcy in these states may be putting their BP claims at risk. [read post]
20 Aug 2010, 2:41 pm
By now I am sure that everyone knows about the thousands of claims BP is facing over property damage and loss of income resulting from the massive oil spill that released millions of gallons oil into the Gulf of Mexico, but my guess is that far fewer are aware of another large group of lawsuits BP is facing over losses suffered by investors and employees who took big hits their portfolios as BP stock prices plummeted following the spill. [read post]
18 Aug 2010, 5:54 pm
BP will transfer responsibility for individual and business claims relating to the BP Oil Spill to the Gulf Coast Claims Facility (GCCF) on August 23. [read post]
