Latest Articles
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Big Opportunity in Big Oil: Total (NYSE: TOT)
Submitted by Investing Daily as part of our contributors program . By: Elliott Gue On March 25, France-based Total announced that it had detected a natural gas leak at its Elgin Platform in the UK portion of the North Sea, about 240 kilomete...
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BP May Get Chance to Explore the Russian Arctic After All
British energy major BP (NYSE:BP) may get a chance to explore the Russian Arctic region for oil and gas reserves after all. Last year the company failed to reach a deal with Russian state owned producer Rosneft to jointly explore the country̵...
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The Best Basic Material Dividend Stocks
This article was submitted by Dividend Yield using our Trefis Contributors tool Basic Material Dividend Stocks With High Return On Investments And Big Operating Margins Researched By Dividend Yield – Stock, Capital, Investment . Basic mate...
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BP Heads to $58 on Spill Settlement & Rising Oil Prices
British oil major BP (NYSE:BP) has posted a strong recovery over the past few weeks as it became apparent that the company may be close to reaching a settlement with third party businesses affected by the Gulf of Mexico spill. The markets greeted...
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10 Large Cap High Yields With Single P/E Ratios
This article was submitted by Dividend Yield using our Trefis Contributors tool High yield dividend stocks are a great opportunity for dividend investors. Especially in the case of higher capitalized companies, the possibility for high dividend ...
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BP May be Close to Reaching Settlement With Spill Victims
British oil major BP (NYSE:BP) is said to be pursuing talks with plaintiffs seeking claims over the U.S. Gulf of Mexico disaster. According to sources cited by Bloomberg, the company may agree to transfer the $14 billion left in its trust fund to...
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BP Moves Forward with European Pipeline Consortium
A BP (NYSE:BP) spokesman announced that the consortium developing the Shah Deniz gas field has taken a significant step forward toward finalizing its pipeline route to supply gas to the European markets. The Shah Deniz consortium will now negotia...
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Macondo Spill: Equity Partner Agrees to Pay $90 Million in Federal Setllement
In what be a significant ruling in BP ‘s (NYSE:BP) legal battle over the Gulf of Mexico spill, partner company MOEX offshore agreed to pay $90 million to federal authorities to settle claims stemming from the Clean Water Act. MOEX owned a 1...
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BP, Anadarko Plan New Offshore Gas Project in South China Sea
BP (NYSE:BP), hit by falling output, is looking to begin exploration in blocks in the South China Sea. BP has a strategic focus on deepwater resources around the world. The company received approval to begin exploration in a block in the South Ch...
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BP Wins Motion to Keep Prior Accidents Out of Macondo Trial
British oil major BP (NYSE:BP) succeeded in persuading U.S. district judge Carl Barbier that evidence related to past incidents involving the company should be barred from the Gulf of Mexico spill case. The lawsuit, one of largest in corporate hi...
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BP Grows Upstream Volumes, Plans to Double Well Drilling in 2012
Oil major BP (NYSE:BP) managed to build upon the strong oil pricing environment to increase revenues as well as profits in the fourth quarter. More critically, the company managed to increase its oil and gas production volumes in the upstream seg...
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BP Hopes for Public Relations Makeover With Branding Campaign
BP (NYSE:BP) has revealed that it intends to spend over $500 million to restore its brand image that took a huge beating because of the U.S. Gulf of Mexico spill disaster. Almost two years after the spill, the company is still haunted by its role...
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Transocean’s Value Proposition: Leading Driller Stays Afloat By Going Deepwater
Submitted by Ramon Vredeling using our contributor tool “The night is always darkest just before the dawn.” Yes, it’s a Spanish proverb and now a famous quote from a 2008 movie, but also something Steven L. Newman, Presid...
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Transocean Gets Big Win in Spill Case vs. BP
In what is seen as a setback to BP ‘s (NYSE:BP) legal strategy concerning the U.S. Gulf of Mexico spill, federal judge Carl Barbier ruled that the British oil major would have to indemnify rig owner Transocean (NYSE:RIG) for all third party...
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BP Earnings Preview: Crude Output, Refinery Margins in Spotlight
British oil major BP (NYSE:BP) will be releasing its Q4 earnings on February 7 after a quarter dominated by litigation issues related to the U.S. Gulf of Mexico spill. While the case is scheduled to begin toward the end of next month, BP’s ...