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BP to exit Brazil's Polvo oil field

BP said in a statement Monday that the deal with Brazil's HRT Oil & Gas is expected to close in the second half of 2013, subject to regulatory approvals.

BP ready for trial in Deepwater Horizon case

The trial is designed to identify the causes of BP's well blowout in the disaster that killed 11 workers.

Judge to rule on Transocean's plea deal over spill

The $400 million in criminal penalties Transocean agreed to pay would be the second-highest criminal environmental recovery in U.S. history, trailing only BP's $4 billion payment.

BP names 4th staff member killed in Algeria siege

BP has named Stephen Green as the fourth member of its staff who was killed during a terrorist assault on an Algerian gas plant last month.

News Summary: BP profit drops due to settlement

CRUDE CRUNCH: Oil and gas giant BP's fourth-quarter profit fell nearly 80 percent, dragged down by payouts related to the 2010 Gulf of Mexico oil spill.

BP profit drops 79 percent in Q4 due to settlement

Nevertheless, the results surpassed analysts' predictions, and BP said that its downstream activities - refining and sale of petroleum products - earned a record amount for the year.

Plan July 6 to outline spending of BP spill fines

The committee set up to manage most environmental fines going to the states affected by the BP oil spill of 2010 says it will release its plan July 6.

News Summary: Now civil trial for BP oil spill

RUNNING A TAB: BP already has racked up more than $24 billion in spill-related expenses and has estimated it will pay a total of $42 billion to fully resolve its liability for the disaster.

Iraq considering BP for work on Kirkuk oil field

An Iraqi oil official says the country is considering a proposal for British oil giant BP to begin work on a major oil field that lies in territory contested by Baghdad and the minority Kurds.

BP sells stake in North Sea gas field for $28 mln

Although BP has recently disposed of some other North Sea assets, the company says it plans to invest $10 billion there over the next five years, both in British and Norwegian waters.

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HOUSTON: Texas sues BP for damages related to oil spill

In an email, BP spokesman Scott Dean declined to comment on the lawsuit.

NEW ORLEANS: Judge delays ex-BP engineer's trial

Prosecutors claim he deliberately deleted more than 200 text messages to and from a supervisor...

LONDON: UK officials: BP not seeking gov't help with spill

British officials said Cameron has so far not been approached on the matter by BP.

Blogs

If You Must Invest In Tobacco

After the oil spill, the American government pressured BP (BP) to suspend its dividend, and BP...

Electricity-Generating Bikes Made From Trash Power Film Festival Screenings in...

First drawings and design study for the project were made by BP design agency.

Electricity-Generating Bikes Made From Trash Powers Film Festival Screenings in...

First drawings and design study for the project were made by BP design agency.

Web

Charge Against Former BP Executive Is Dismissed

One Charge Against Former BP Executive Is Dismissed

SNAPSHOT-India stocks, bonds, rupee, swaps, call at close

The benchmark 5-year swap rate closed 1 bp higher at 6.74 percent, after falling to 6.68...

Judge Tosses Ex-BP Executive's Obstruction Charge

Judge Tosses Ex-BP Executive's Obstruction Charge