BP plc News

Chesapeake Energy Corporation and BP America Inc. today announced that BP has agreed to acquire all of Chesapeake's interests in approximately 90,000 net acres of leasehold and producing natural gas properties ...

In another major oil acquisition of North American shale-gas resources, BP America Inc.

The stand-off between BP and its joint venture partners in Russia continued at a meeting of the board of TNK-BP in Cyprus where neither side yielded over the issue of who should control one of Russia's oil ...

With Alaska's oil output on the wane and global prices rising, energy giant BP PLC has started drilling the world's longest wells to a hard-to-reach offshore reservoir in the Beaufort Sea, the company said ...

Robert Dudley has survived an attempt led by four oligarchs to oust him as head of the Anglo-Russian oil firm TNK-BP, but could face legal action as the Russians continue to press their claims to remove the ...

In an effort to keep overseas investors from building stakes in its extractive industries, Russia has established new rules limiting the percentage of a company's shares that can be sold abroad.

Every war creates refugees. So it was in Russia yesterday, where the first victims from the bitter boardroom battle which has erupted between BP and the Russian billionaires with whom it owns TNK-BP began ...

European shares rebounded on Monday afternoon, with oil companies and utility firms leading the advance as shares in BP jumped 2.8% and shares in Iberdrola climbed 6.1%. The U.K. FTSE 100 index rose 0.9% to ...

BP, the U.K. integrated oil giant, filed suit in London, naming its Russian partners as defendants and seeking to recover a $370 million debt, The Wall Street Journal reported.

ICC World Business Summit held in Stockholm: Business leaders raise pressure on governments for Doha deal BUSINESS REPORT International Chamber of Commerce , the world business organization arranged the first ...

Just as restrictions on visa applications for BP-TNK's non-Russian senior management appeared to be easing yesterday, one of the joint venture's oligarch shareholders stepped up the pressure again with renewed ...

The head of the European Central Bank said Wednesday that he did not believe speculators should carry most of the blame for skyrocketing oil prices that have propelled euro-zone inflation to record highs.

European shares moved higher on Wednesday morning, with banks leading the way after Barclays said it would raise $8.9 billion by issuing shares.

In a cost cutting move, struggling automaker Chrysler said it will idle its St. Louis South minivan plant in October, and will reduce operations at its St.

Higher oil could lead to a worldwide economic collapse, according to a top analyst at Germany's largest bank.

Monday , June 30, 2008 at 2148 hrs British Petroleum has castigated finance ministry for not keeping its commitment of giving tax breaks to both oil and gas production saying the move will harm India's brand as ...

Europe's trade commissioner, Peter Mandelson, has warned Moscow that a dispute over the Anglo-Russian oil venture TNK-BP is damaging the country's image as a place to do business.

After a three-year wait, BP Plc, London, reports its Thunder Horse platform in the Gulf of Mexico is producing oil and gas.

The Energy Export Databrowser , set up Jonathan Callahan, is based on BP's Statistical Review and provides a quick and easy way to view country data on consumption, import and export of crude oil and natural ...

A fissure in Russian between energy giant TNK-BP's board and its major shareholder group turned into a public brawl last weekend, sources said.