Search Results for: BP
BP plc’s (NYSE: NBP) plan to pump heavy mud into the leak caused by the Deepwater Horizon disaster, known as “top kill” appears to have failed. The oil company had hoped that the project, begun...
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U.K. oil supermajor BP is scheduled to report first-quarter earnings before U.K. markets open on Tuesday morning.
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BP on Tuesday reported profits that beat the consensus estimate but fell short on revenues. Higher oil prices and better refining margins carried the day.
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Source: courtesy of BP plcThe long saga of BP PLC (NYSE: BP) and its operations in Russia is just about wind up. The U.K. firm today closed the sale of its 50% stake in TNK-BP to Russia’s Rosneft...
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It may seem impossible to believe, particularly after two days of a bad broad tape, but investors and traders alike are treating BP plc (NYSE: BP) as if the worst of the oil spill fallout is now...
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A year ago, shares of BP plc (NYSE: BP) closed near $41. Yesterday the shares closed near $42, about 15% below the stock’s 52-week high. When the company reported third quarter earnings last night,...
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Analysts at a number of investment banks suggest that BP plc (NYSE: BP) follow the lead of ConocoPhillips Corp. (NYSE: COP) and Marathon Oil Corp. (NYSE: MRO) in splitting off the company’s...
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In another sign that there is concern about the long-term financial viability of BP plc (NYSE: BP) at least as it is structured as a corporation today, Moody’s sharply cut the UK-based oil...
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Source: courtesy of BP plcThe U.S. Department of Justice and BP PLC (NYSE: BP) have reportedly reached an agreement on the penalties the company will face related to the blowout of its Macondo well...
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The new CEO of BP (BP) says that the next quarter will be "dreadful". According to the FT, results could be the worst the company has posted since 1992-1993. Margins in the company’s...
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Making ethanol from corn has fallen out of favor. The next big thing is making the stuff from non-food feedstock like switchgrass, corn stalks, and wood chips. There is a lot of potential here, but...
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Updated throughout the day on the 24/7 Wall St. Wire:Vikram Pandit was pushed out of Citigroup Inc. (NYSE: C) because of tensions with chairman Michael O’Neill over how the CEO handled daily...
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Source: ThinkstockBP PLC (NYSE: BP) has decided that the best way to repent from the sins it took on with the Gulf of Mexico disaster is to litigate. According to The Wall Street Journal:BP already...
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Source: ThinkstockIslamic militants have attacked the Amenas natural gas field in southern Algeria and have taken at least eight people hostage, according to a Wall Street Journal report. The eight...
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