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BP Articles
Energy stocks today exhibit all the signs of a market reacting to news that is difficult to categorize easily. First there is the $6 billion in acquisitions announced this morning by Plains...
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courtesy of BP plcBP PLC (NYSE: BP) has confirmed some news reported earlier by Reuters on an update of its planned asset sales. BP is selling its interests in a number of oil and gas fields in the...
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After six years of back-and-forth with the U.S. government, Royal Dutch Shell PLC (NYSE: RDS-A) (NYSE: RDS-B) yesterday began drilling a well offshore of Alaska in the Chukchi Sea, and the company...
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General Motors Co. (NYSE: GM) loses up to $49,000 on each Chevy Volt. (Reuters) J.P. Morgan Chase & Co. (NYSE: JPM) and Citigroup Inc. (NYSE: C) may change their compensation practices....
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Poor jobless figures may force the Fed to adopt QE3. (Reuters) BP PLC (NYSE: BP) tries to blame workers on the Deepwater Horizon for the accident that caused a huge oil spill. (Reuters) Amazon.com...
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The explosion and sinking of the Deepwater Horizon in April 2010 killed 11 workers and spilled millions of barrels of crude oil into the Gulf of Mexico. BP PLC (NYSE: BP) has spent billions of...
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Facebook Inc. (NASDAQ: FB) will not sell shares to cover a $2 billion tax bill. (Reuters) Government papers accuse BP PLC (NYSE: BP) of gross negligence in the Deepwater Horizon incident. (Reuters)...
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Crews were returning to both shallow-water and deep-water rigs in the Gulf of Mexico yesterday as the oil and gas industry prepares to restart production following Hurricane Isaac. A report from...
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The Bureau of Safety and Environmental Enforcement (BSEE) Hurricane Response Team reported earlier that some 78% of crude oil and 48.3% of the natural gas production has been shut-in by Tropical...
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With the exception of Chesapeake, which is seen as primarily a natural gas company with lots of problems, the oil and gas firms are not heavily shorted. Nobody really thinks the price of oil is going...
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Hurricane Isaac causes several companies, including BP PLC (NYSE: BP), to shut down drilling in the Gulf of Mexico. (Reuters) Hertz Global Holdings Inc. (NYSE: HTZ) will buy Dollar Thrifty Automotive...
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Since the beginning of July, gasoline pump prices have been on a steady march higher, following rising crude prices, which are rising primarily because traders are betting on more government stimulus...
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ATP Oil & Gas Corp. (NASDAQ: ATPG) is joining the bankruptcy crowd. The oil company in the Gulf of Mexico filed a voluntary Chapter 11 bankruptcy petition in order to undertake a comprehensive...
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Jon OggThese are the top analyst calls of upgrades, downgrades and initiations we have seen from Wall St. research calls this Thursday morning. Abercrombie & Fitch Co.(NYSE: ANF) cut to...
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Tesoro Corp. (NYSE: TSO) announced that it that is has agreed to purchase BP PLC’s (NYSE: BP) integrated Southern California refining and marketing business for $1.18 billion, plus the value of...
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