Govt grants license to BP Plc for setting up 3,500 petrol pumps in India
Government has formally granted a licence to BP Plc, Europe's third-biggest oil company, to set up 3,500 petrol pumps in India, making it the 10th company to enter the lucrative fuel retailing sector.
Oct 16, 2016, 18:02 PM IST
BP gets govt nod to set up retail pumps of petrol, diesel in India
BP Plc, Europe's third-biggest oil company, has received government approval to set up petrol pumps to retail petrol and diesel in India.
Oct 06, 2016, 20:39 PM IST
BP shareholders reject pay deal for chief executive Bob Dudley
Only 40.89 percent voted in favour of the deal in a non-binding vote which highlighted shareholder discontent at BP`s annual general meeting in London.
Apr 14, 2016, 17:04 PM IST
BP signals willingness to take back arbitration
After the oil ministry's tough talk, BP of the UK has signalled its desire to end arbitration seeking higher prices for natural gas from eastern offshore KG-D6 block that it co-owns with Reliance Industries.
Mar 13, 2016, 11:22 AM IST
BP slumps into $6.5bn loss for 2015 on oil collapse
British energy giant BP Tuesday said that it slumped into a vast loss in 2015, ravaged by the dramatic collapse in oil prices.
Feb 02, 2016, 19:15 PM IST
BP for extending marketing, pricing freedom to gas fields
BP Plc, Europe's second-largest oil company, Friday made a case for extending the marketing and pricing freedom given to operators of marginal and small oil and gas fields to conventional fields like KG basin D6 block.
Sep 11, 2015, 22:07 PM IST
UK government tells BP it would oppose takeover: Reports
The British government has warned oil giant BP that it would oppose a foreign takeover of the company weakened in recent years by the Gulf of Mexico oil spill, media reports said Monday.
Apr 27, 2015, 22:26 PM IST
Egypt conference agrees billions in investments
Egypt had signed investment deals worth billions of dollars by Saturday, the second day of a three-day conference aimed at reviving the country`s troubled economy.
Mar 14, 2015, 22:35 PM IST
BP unveils $12 bn investment in Egypt gas fields
British energy giant BP said Friday it would invest $12 billion (11 billion euros) in gas fields in Egypt together with Russian-owned partner DEA, calling it a "vote of confidence" in the country.
Mar 06, 2015, 17:43 PM IST
Energy giant BP says to cut 300 North Sea jobs
Energy giant BP said it was shedding 200 staff jobs and 100 contractors in its North Sea operations on Thursday following a sharp drop in oil prices.
Jan 15, 2015, 17:55 PM IST
BP ''grossly negligent'' in 2010 US spill, fines could be $18 billion
A US judge has decided that BP Plc was “grossly negligent” and “reckless” in the Gulf of Mexico oil spill four years ago, a ruling that could add nearly USD18 billion in fines to more than USD42 billion in charges the company took for the worst offshore environmental disaster in US history.
Sep 05, 2014, 09:48 AM IST
BP starts campaign to hire leaders
BP, Europe's second-biggest oil company, Tuesday started a recruitment campaign to select leaders for its refining and marketing business as also for IT services.
Sep 02, 2014, 18:43 PM IST
British energy secy meets Pradhan, discusses key issues
Weeks after Britain's BP and its partner Reliance Industries slapped an arbitration notice for delay in gas price hike, UK's Energy Secretary Edward Davey today met Oil Minister Dharmendra Pradhan to discuss outstanding issues.
Jul 25, 2014, 20:13 PM IST
BP chief meets Oil Minister Pradhan on India projs, gas price
With delays in regulatory nod and gas price revision frustrating its attempts to reverse falling gas output from KG-D6 field, BP chief executive Bob Dudley met Petroleum Minister Dharmendra Pradhan to press for early decisions.
Jun 18, 2014, 18:47 PM IST
