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HOUSTON, 30-11-2012 — /europawire.eu/ — BP has completed its sale of a number of oil and gas fields in the deepwater US Gulf of Mexico to Plains Exploration & Production Company (‘PXP’).As announced on 10 September, BP agreed to sell the … Read the full press release →

Company working with EPA to demonstrate “present responsibility” and have temporary suspension lifted< 28-11-2012 — /europawire.eu/ — Today’s announcement by the US Environmental Protection Agency (EPA) regarding BP’s temporary suspension relates only to future potential contracts with the US government. The … Read the full press release →

27-11-2012 — /europawire.eu/ —  BP Gas Turkey announced today that Russian based Oteko Group has agreed to buy its bottle, wholesale LPG, and Petgaz-branded autogas businesses.BP is retaining its BP-branded autogas business and plans to integrate it into BP Turkey’s … Read the full press release →

23-11-2012 — /europawire.eu/ — BP today announced the appointment of Lamar McKay as Chief Executive, Upstream. He will take up the position with effect from January 1, 2013.In his new role, McKay will lead BP’s combined Upstream business, comprising the Exploration, Developments … Read the full press release →

22-11-2012 — /europawire.eu/ — BP, Rosneft and Rosneftegaz — the state-owned parent company of Rosneft — have signed definitive and binding sale and purchase agreements (SPAs) for the sale of BP’s 50 per cent interest in TNK-BP to Rosneft and BP’s investment … Read the full press release →

20-11-2012 — /europawire.eu/ — BP Trinidad & Tobago (bpTT) today announced that it has discovered an estimated 1 trillion cubic feet (tcf) of gas offshore Trinidad, doubling the estimated gas in place of the Savonette gas field, to 2tcf.BPTT made the announcement … Read the full press release →

Calgary, 20-11-2012 — /europawire.eu/ — BP was today notified that it was the successful bidder for four deepwater exploration blocks offshore Nova Scotia, Canada.The Canada-Nova Scotia Offshore Petroleum Board (CNSOPB) announced that BP was the successful bidder for blocks five, six, seven and … Read the full press release →

Resolution of all criminal claims with Department of Justice includes $4 billion paid in installments over a period of five years Resolution of all securities claims with Securities and Exchange Commission includes $525 million paid in installments over a period … Read the full press release →

16-11-2012 — /europawire.eu/ — BP confirms that it is in advanced discussions with the United States Department of Justice (DoJ) and the Securities & Exchange Commission (SEC) regarding proposed resolutions of all US federal government criminal and SEC claims against BP in … Read the full press release →

16-11-2012 — /europawire.eu/ — BP and AAR, joint shareholders in TNK-BP, today announced that they have reached a comprehensive agreement to settle all outstanding disputes between them, including the current arbitrations brought by each against the other.The agreement includes an immediate waiver … Read the full press release →

12-11-2012 — /europawire.eu/ — BP announced today it has awarded the first contracts for Project 20K™, a multi-year initiative to develop next-generation systems and tools to help unlock the next frontier of deepwater oil and gas resources, currently beyond the reach of … Read the full press release →

10-11-2012 — /europawire.eu/ — In support of Hurricane Sandy recovery efforts and in response to the storm that hit the U.S. Northeast this week, BP has donated a large stockpile of humanitarian assistance supplies from past hurricane recovery efforts along the Gulf … Read the full press release →

9-11-2012 — /europawire.eu/ — The BP Foundation announced today that it will donate $500,000 to the American Red Cross in support of Hurricane Sandy relief efforts.The $500,000 donation is in addition to donations made by the BP Foundation Employee Matching Program and … Read the full press release →

6-11-2012 — /europawire.eu/ — Indonesia’s Ministry of Energy and Mineral Resources and oil and gas executive agency BPMIGAS have approved in principle the Plan of Further Development (POFD) for the expansion of the BP-operated Tangguh liquefied natural gas (LNG) project in … Read the full press release →

Underlying 3Q 2012 replacement cost profit $5.2 billion; a 40 per cent increase on previous quarter. Increases quarterly dividend by 12.5 per cent, to 9c a share, payable in 4Q 2012. On track for delivery of strategic 10-point plan to … Read the full press release →

3-11-2012 — /europawire.eu/ — BP announced today that it is renewing its commitment to the Massachusetts Institute of Technology Energy Initiative (MITEI) through an agreement to provide another $25 million for continued energy research over the next five years — bringing … Read the full press release →

2-11-2012 — /europawire.eu/ — BP announced today it is cancelling plans to build a commercial-scale cellulosic ethanol plant in Highlands County, Florida and refocusing its US biofuels strategy on research and development as well as licensing its industry–leading biofuels technology.“Given the … Read the full press release →

31-10-2012 — /europawire.eu/ — BP has capped and plugged an abandoned piece of subsea equipment known as a cofferdam that is thought to be the source of a recently spotted surface sheen near the Mississippi Canyon 252 lease block in the … Read the full press release →

29-10-2012 — /europawire.eu/ — Petroleos Mexicanos Exploration and Production (PEMEX E&P) and BP today announced an agreement for BP to share the technical information it used to build its global deepwater well-capping equipment.Under the Technology License Agreement, BP will make available … Read the full press release →

Payment by Rosneft to be a mix of $17.1 billion in cash, and shares representing 12.84 per cent of Rosneft BP intends to use $4.8 billion of the cash consideration to purchase a further 5.66 per cent of Rosneft from … Read the full press release →