BP misses second-quarter profit forecast on spill charge
The company also lowered its expected full-year organic capital spending to below $20 billion after cutting it by 13 percent earlier this year as the industry continues to grapple with low oil prices.
Jul 28, 2015, 13:07 PM IST
Carlyle Group commits up to $500 mn to India-focused Magna Energy
The buyout shop is making the investment through its unit Carlyle International Energy Partners, a fund that focuses on oil and gas exploration and production.
Jun 22, 2015, 09:30 AM IST
Dutch energy firm SBM Offshore pays $240 mn in bribe probe
Oil and gas company SBM Offshore has made a $240 million out-of-court settlement for bribes paid in two of Africa`s largest oil producers and Brazil, Dutch prosecutors said Wednesday.
Nov 12, 2014, 16:02 PM IST
Infosys wins 5-yr IT services deal from BP
Country's second largest software exporter Infosys today said it has bagged a five-year contract from Europe's second largest oil and gas company, BP to provide IT services.
Sep 04, 2014, 16:18 PM IST
