BP (BP) said it has made a “giant” discovery of crude oil in its Tiber Prospect in the Gulf of Mexico. The well was drilled to a depth of over 35,000 feet and the ocean floor at that spot is...
Reuters has released a rumor that BP PLC (NYSE: BP) will sell its 50% interest in TNK-BP to partner Rosneft. There have been rumors off and on in the press that such a deal would be worth $25...
Whether or not you still trust the independent credit ratings agencies after the credit crisis up to you.  Credit ratings do still matter to many investors.  This morning we have Standard &...
BP plc (NYSE: BP) is still trying to sell off assets to narrow the focus of the company and to fund its obligations from the Gulf of Mexico oil spill.  The company plans to sell about $1.8 billion...
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...
Late word from ThisIsMoney in the UK is that BP (BP) and Royal Dutch Shell (RDS.B) are discussing a merger "which would be producing more than 70% more oil and gas than industry leader...
BP plc (NYSE: BP) is continuing to destroy the Gulf of Mexico even as the clean-up efforts are underway.  The “Boycott BP” group is continuing to gather steam.  It is understandable. …  But...
BP plc (NYSE: BP) says it has made modest progress in slowing the leak of crude into the Gulf of Mexico from its Deepwater Horizon rig wreck. It says that a siphon put into the well, 5,000 feet...
James Baker, the former US Secretary of State has been busy writing recently. He was involved in the Iraq report, written for the President. And, in just the last two days, he handed British energy...
Shares in JA Solar Holdings Co., Ltd. (NASDAQ: JASO) are up more than 5% this morning on news that the company has signed a contract with the solar division of BP plc (NYSE: BP) for an additional 100...