BP PLC

BP PLC

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  Ratings firm warns of economic slowdown in Russia

  Russia faces harsh times ahead for its economy unless the government improves the country's poor investment climate and implements long-delayed ... 

• UK officials: BP not seeking gov't help with spill

  British government officials said Thursday that BP has not sought Prime Minister David Cameron's help in reducing compensation claims for its role in ... 

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  A look at EU investigation of oil price fixing

  The European Union's executive arm, the Commission, on Tuesday said it had raided the offices of a number of oil industry companies for possible ... 

• Oil falls below $93 on Europe, US economic news

  The price of oil fell below $93 on Wednesday after disappointing economic reports from Europe and the U.S. By late morning in New York, benchmark oil ... 

• EU probes oil companies for possible price-fixing

  European anti-trust authorities have launched investigations into at least three oil companies on suspicion of price-fixing. Britain's BP, Royal Dutch ... 

• BP withdrawing some staff from Tripoli

  Oil company BP says it is temporarily withdrawing some nonessential and non-Libyan staff from its office in Libya's capital following similar action ... 

• BP to exit Brazil's Polvo oil field

  Oil company BP says it is selling its majority stake in Brazil's Polvo oil field for $135 million in cash to HRT Oil & Gas. BP gained its 60 percent ... 

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  Shell CEO Voser to retire in 2014

  Royal Dutch Shell PLC said Monday Chief Executive Peter Voser will step down in early 2014, and the company reported lower first-quarter profits in ... 

• BP Q1 profits surge on Russian joint venture sale

  BP's sale of its Russian joint venture helped it more than triple first-quarter profits, the oil company said Tuesday in a further sign that its ... 

• Florida becomes 4th state to sue BP over oil spill

  The state of Florida filed a lawsuit Saturday against British oil company BP and cement contractor Halliburton over the Deepwater Horizon oil spill, ... 

• 3 years later: oil spill cleanup, study carries on

  At first glance, the marshy, muddy coastline of Bay Jimmy in southeast Louisiana appears healthy three years after the nation's worst offshore oil ... 

• BP executive: Safety was top priority before blast

  A BP executive who oversaw the company's Gulf of Mexico operations testified Tuesday that he led a push to improve safety when he started the job more ... 

• BP to call 1st witness at trial over Gulf spill

  BP is scheduled to call its first witness at a trial designed to determine causes and assign blame for its April 2010 well blowout in the Gulf of ... 

• BP contractor denies destroying US trial evidence

  BP's cement contractor on the drilling rig that exploded in 2010 and caused the worst offshore oil spill in U.S. history said its recent discovery of ... 

• BP announces $8 billion share buyback

  Oil company BP said Friday it will buy back $8 billion of shares using money it earned by selling its stake in Russian producer TNK-BP. 

• Rosneft finalizes acquisition of TNK-BP

  Russia's state-controlled Rosneft says it has sealed deals to gain control of TNK-BP and become the world's largest publicly traded oil producer. 

• BP sues to block Gulf spill settlement payments

  BP sued Friday to block what could be billions of dollars in settlement payouts to businesses over the 2010 Gulf of Mexico oil spill, the worst ... 

• Worker: Rig was bustling before BP well blowout

  A worker who survived the deadly explosion on the Deepwater Horizon testified Wednesday that a flurry of activity on the drilling rig hindered his ... 

• BP executive defends report on Gulf oil spill

  The BP executive who led the company's probe of the Deepwater Horizon rig explosion denied Monday that his investigators narrowly focused on rig ... 

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  Obama nominates 3 to Cabinet-level posts

  President Barack Obama signaled his willingness to tackle climate change with his pick of Gina McCarthy to lead the Environmental Protection Agency, ... 

• BP manager didn't see 'high risk' in drilling

  BP's head of drilling engineering for the Gulf of Mexico at the time of the Deepwater Horizon disaster testified he didn't believe deepwater drilling ... 

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  BP exec outlines internal probe of Gulf spill

  Once the object of ridicule and focus of outrage after the 2010 oil spill in the Gulf of Mexico, former BP chief executive Tony Hayward made a cameo ... 

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  High-stakes trial begins over 2010 Gulf oil spill

  BP bears most of the blame for the disastrous 2010 spill in the Gulf of Mexico because it cut corners and put profits ahead of safety, a U.S. 

• Judge approves Transocean's $1B spill settlement

  A U.S. judge on Tuesday approved Swiss-based Transocean Ltd.'s agreement with the Justice Department to pay $1 billion in civil penalties for its role ... 

• BP names 4th staff member killed in Algeria siege

  BP has named Stephen Green as the fourth member of its staff who was killed during a terrorist assault on an Algerian gas plant last month.