Latest Articles
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BP Could Clear Massive Overhang With Gulf Spill Settlement
BP (NYSE:BP) is reported to be seeking a $15 billion legal settlement over the Gulf of Mexico Spill. The settlement with the U.S. Department of Justice, will cover all civil and criminal damages and liabilities arising from the spill. According t...
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Iraq Opens Up New Auction Round For Fields; Exxon Out On Kurdish Deal
The Iraqi central government announced a fourth round of bidding for oil and gas exploration of new blocks in the country. The new round will see the participation of 39 foreign companies including Chevron (NYSE:CVX) and BP (NYSE:BP). Oil major ...
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BP’s Russian Sale May Mark A Strategic Shift
Oil major BP ‘s (NYSE:BP) decision to look into the possible sale of its stake in Russian subsidiary TNK-BP is being seen as a major step in the move to become more focused on new exploration. Since the Gulf of Mexico disaster, BP has been ...
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BP May Sell Stake in Russian Subsidiary After Latest Round of Trouble
BP (NYSE:BP) may choose to sell its stake in TNK-BP, after TNK-BP’s CEO Mikhail Fridman resigned earlier this week, signalling a deeper divide between the company’s stakeholders. BP holds a 50% stake in TNK-BP, which analysts estimate...
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Gulf of Mexico Leak Estimates Return to Haunt BP
Oil major BP (NYSE:BP) may face a federal investigation on whether company officials deliberately lied to the government about estimates relating to the size of the Gulf of Mexico spill. According to sources quoted by the Wall Street Journal, inv...
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BP’s Russian Troubles Take a New Turn As TNK-BP CEO Resigns
The CEO of BP ‘s (NYSE:BP) Russian subsidiary TNK-BP Mikhail Fridman resigned from his post on Monday. The resignation has been taken as a sign of continuing corporate governance issues in the Russian Joined Venture (JV) between BP and its...
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The Natural Gas Massacre Gets Bloodier
Submitted by Testosterone Pit as part of our contributors program . The plight of natural gas driller Chesapeake Energy could almost make you feel sorry for the board of directors and CEO Aubrey McClendon. He lost his chairmanship after his co...
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BP Rolls Out Spill Containment Kits To Mitigate Deepwater Exposure
Oil major BP (NYSE:BP) announced that it had now developed a 500 ton spill containment system that could be installed at any deepwater spill in its facilities around the world in a matter of 10 days. The system is designed to operate in field ove...
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The Best Yielding Large Cap Basic Material Stocks To Compare
Submitted by Dividend Yield as part of our contributors program . The Best Yielding Large Cap Basic Material Stocks To Compare Large Capitalized Basic Material Dividend Stocks With Highest Yield Researched By Dividend Yield – Stock, Ca...
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BP Gets Another Shot At Arctic Reserves Through Russian Subsidiary
The Russian government’s fresh attempts to attract foreign expertise and investments could mean that British major BP (NYSE:BP) can get another chance to explore the country’s Arctic reserves. Last year, BP’s deal with Russian s...
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The Best Dividends On May 09, 2012
Submitted by Dividend Yield as part of our contributors program . Here is a current overview of the best yielding stocks with a market capitalization over USD 2 billion that have their ex-dividend date on the next trading day. If your broker s...
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The Best Dividends Between May 07-13, 2012
Submitted by Dividend Yield as part of our contributors program . Here is a current overview of the best yielding stocks with a market capitalization over USD 10 billion that have their ex-dividend date on the next trading week. If your broker...
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Don’t Buy into BP’s Comeback… Yet
Submitted by Wall St. Daily using our Trefis Contributor Tool Ever since its stock plunged below $30 in wake of the Gulf oil spill, investors have been wondering whether BP PLC (NYSE: BP ) is worth buying. The question came up again this week a...
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BP Falls on Lower Production as Asset Sales Eat Into Output
British oil major BP (NYSE:BP) announced its Q1 results, posting a drop in replacement cost (RC) profits to $4.92 billion, from $5.61 billion a year ago. The declining profits were explained by a $986 million inventory holding loss, falling outpu...
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BP Earnings Preview: High Oil Prices To Override Lower Prodution
British oil major BP (NYSE:BP) will come out with its Q1 earnings on May 1. We expect the company to post a year-on-year increase in earnings backed by high oil prices, however lower output could impact its results. Rival Exxon Mobil (NYSE:XOM) a...
