Search for: "BP Energy Company"
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2 Feb 2011, 3:05 pm
This report by BP Energy company finds that Renewable Energy to Triple Its Share of World Energy Supply by 2030.Renewable energy sources other than hydropower will continue to grow strongly over the next two decades, increasing their share of the global energy supply from 2% today to 6% in 2030, according to the report. [read post]
1 Dec 2010, 3:11 pm
DLA Piper is representing a privately-owned energy company buying BP assets in Africa, while Husky Energy has agreed to pay $841 million for ExxonMobil assets in western Canada. [read post]
30 Sep 2011, 6:16 am
A $7.1 billion deal by BP to sell its majority stake in Pan American energy, an Argentine oil producer, to a company owned by Cnooc of China may be in jeopardy, Bloomberg News reports, citing a person with knowledge of the matter. [read post]
23 Oct 2009, 1:57 am
BP has had talks with Ghana's national oil company about a possible joint bid for Kosmos Energy's stake in the huge Jubilee oilfield off the coast of the country, Bloomberg News reported. [read post]
27 Jul 2010, 2:50 pm
BP is concentrating on selling $25 billion to $30 billion in assets that are on the periphery of its huge energy empire as the company becomes leaner. [read post]
25 Oct 2011, 8:13 pm
According to The Huffington Post, a year and a half after the devastating Deepwater Horizon oil spill that spewed over 200 million gallons of oil into the Gulf of Mexico, the Obama administration is set to allow BP to resume exploratory drilling in the Gulf of Mexico without any changes to the laws that hold companies responsible for the economic damages that such spills cause, The Bureau of Ocean Energy Management announced on Friday, Oct 21, that BP could… [read post]
24 Jul 2012, 4:00 am
The Russian state oil company said that it had opened negotiations with BP to buy out the British oil company's share of the TNK-BP joint venture, a deal that could escalate the trend toward greater state control of energy ventures in Russia, Andrew E. [read post]
19 May 2010, 2:34 am
More than 80 independent oil and gas producers have sued units of Goldman Sachs and BP, alleging they conspired with SemGroup to defraud the plaintiffs of money owed for oil and gas delivered prior to the energy trader's 2008 bankruptcy, Reuters reported. [read post]
21 Jul 2010, 3:54 pm
BP wasn't the only company to sell its Permian basin holdings this week. [read post]
14 Dec 2010, 11:45 am
The $775 million asset sale, meant to offset costs stemming from the company's oil spill in the Gulf of Mexico earlier this year, will see BP divest its Pakistan operations to Hong Kong's United Energy Group Limited. [read post]
30 Mar 2020, 9:00 pm
Although the act does not expressly provide relief for energy companies, many of its provisions impact energy sector companies. [read post]
19 Sep 2011, 6:52 am
Coast Guard and Department of Interior's Bureau of Ocean Energy Management and Enforcement released a 500-page report this week finding BP primarily responsible for the Gulf Oil Spill. [read post]
27 Aug 2010, 3:43 am
William Ackman's Pershing Square Capital Management is betting against the debt of BP through credit-default swaps, saying the energy company's creditworthiness will be dented for years after its notorious oil spill. [read post]
5 Sep 2014, 8:49 am
BP, found grossly negligent, may face $18 billion in gulf spill - Energy giant BP's willful misconduct and gross negligence led to the worst offshore oil spill in U.S. history, a federal judge said in a ruling Thursday that exposes the company to billions of dollars in civil penalties. [read post]
20 May 2010, 1:38 pm
May 19: The House Energy & Commerce Committee, Environment and Energy Subcommittee, Chaired by Representative Ed Markey (D-MA) held a hearing entitled, Sizing up the BP Oil Spill: Science and Engineering Measuring Methods. [read post]
20 May 2010, 1:38 pm
May 19: The House Energy & Commerce Committee, Environment and Energy Subcommittee, Chaired by Representative Ed Markey (D-MA) held a hearing entitled, Sizing up the BP Oil Spill: Science and Engineering Measuring Methods. [read post]
12 Jun 2010, 7:24 pm
BP: “I knew these guys were cooked when they changed their name from British Petroleum to ‘BP’ — and then spread the insane story that they were now ‘beyond petroleum — the first green global energy company. [read post]
23 Mar 2011, 4:28 pm
Louis Dreyfus Highbridge Energy, a leading merchant energy company, plans to sell pipeline and natural gas assets for $1.9 billion, and BP's divestitures continue with the $575 million sale of a natural gas processing plant. [read post]
6 Feb 2015, 10:14 am
From California Magazine:--Eight years ago, UC Berkeley struck a historic but controversial deal with the British oil company BP: Berkeley would benefit from the oil giant spending $350 million to create a new Energy Biosciences Institute on its campus, and BP would reap the benefits of that institute’s research into biofuels.Now, with almost $100 million still unspent, the road to cleaner biofuels has just hit a big speed bump.BP is… [read post]
4 Jun 2010, 6:21 am
On the other hand, some Senators have argued that exposing oil companies to uncapped damages will result in greater cost in terms of lost jobs in the energy sector.But this argument ignores the role of chapter 11. [read post]
