Rosneft pays out in historic TNK-BP deal completion
MOSCOW/LONDON (Reuters) - Russian state oil company Rosneft closed its deal to buy TNK-BP from UK-based BP and four tycoons on Thursday, releasing $40 billion cash to the sellers and...
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BP cries foul at “fictitious” spill claims
(Reuters) - BP launched its promised appeal against "fictitious" and "absurd" oil spill compensation payouts on Friday and asked a judge to temporarily halt to those made on a so-called...
Smaller BP’s profits down as oil spill trial looms
LONDON (Reuters) - Shrinking British oil company BP Plc announced quarterly profit down a fifth from a year ago, after it sold assets in preparation for what could be its...
Shell jacks up dividend and chases growth
LONDON (Reuters) - Anglo-Dutch oil company Royal Dutch/Shell pledged an ambitious 4.7 percent increase in its quarterly dividend on Thursday and pushed ahead with plans to deliver more oil and...
Alaska oil rig drags tugs for miles before grounding
LONDON/ANCHORAGE, Alaska (Reuters) - An oil rig that ran aground in Alaska on New Year's Eve in "near hurricane" conditions dragged two vessels trying to control it more than 10...
Alaska oil rig drags tugs for miles before grounding
LONDON/ANCHORAGE, Alaska (Reuters) - An oil rig that ran aground in Alaska on New Year's Eve in "near hurricane" conditions dragged two vessels trying to control it more than 10...
Insight: UK court reveals fear and mistrust at TNK-BP
LONDON (Reuters) - A former TNK-BP employee may have confessed to fraud out of fear during a meeting in the office of German Khan, the head of the oil company...
Insight: UK court reveals fear and mistrust at TNK-BP
LONDON (Reuters) - A former TNK-BP employee may have confessed to fraud out of fear during a meeting in the office of German Khan, the head of the oil company...
Refining underpins Shell Q3 as output stalls
LONDON (Reuters) - World No. 2 oil company Royal Dutch Shell , seen as having some of the best output growth assets in the business, joined its peers in suffering...
Refining underpins Shell Q3 as output stalls
LONDON (Reuters) - World No. 2 oil company Royal Dutch Shell , seen as having some of the best output growth assets in the business, joined its peers in suffering...