Anadarko Petroleum, BP’s partner in the Gulf and holder of 25% of the interest in the Mississippi Canyon block 252  lease drilling area,  today said that everything was BP’s fault and nothing...
Two oil and gas supermajors and the country's largest pure-play exploration and production company report earnings before U.S. markets open on Tuesday.
The largest natural gas producer in the US, Chesapeake Energy Corporation (NYSE:CHK), reported a GAAP EPS loss of -$1.51 for the fourth quarter of 2008. On a non-GAAP basis, the company earned EPS of...
When BP reports second-quarter results Tuesday morning, analysts are expecting a sharp loss and sharply lower revenue. The company has maintained its massive dividend and probably has no choice but...
Last week the EPA removed its restrictions on BP, allowing the company once again to conduct business with the federal government and giving the company the right once more to bid on leases in the...
BP, the oil giant that is barely clear of its Deepwater Horizon oil leak debacle, said it would fire 7,000 people as it posted a net loss. It will, however, maintain its dividend.
BP plc (NYSE: BP) may be back in play. That is, at least, what a report from The Daily Mail says. The FT points out that claims against the UK-based oil giant for the Gulf spill have not tapered off,...
Source: courtesy of BP plcThe April 2010 well blowout in the Gulf of Mexico that took 11 lives and dumped 5 million barrels of crude in the Gulf of Mexico will cost BP plc (NYSE: BP) an estimated $42...
It is a legal practice, although perhaps not a principle, that someone or some entity, is at fault when something goes wrong. This extends from medical malpractice to car recalls to man-made...
Source: courtesy BP plcMarathon Petroleum Corp. (NYSE: MPC) announced this morning that it has purchased the 451,000 barrel per day Texas City refinery from BP PLC (NYSE: BP) for $598 million....
Settlement talks are at a standstill between the U.S. government and BP PLC (NYSE: BP) related to the April 2010 Gulf of Mexico disaster that killed 11 workers and dumped 5 million barrels of crude...
Some predictions show the spill from the Deepwater Horizon wreck will extend up the East Coast and into the middle Atlantic by August. The current NOAA map shows the oil slick already moving in that...
It isn’t every day that a $7.1 billion deal falls through. Even rarer is a seller’s reaction that amounts to, “What, me worry?” But that’s what occurred over the weekend as BP plc (NYSE:...
In September 2010, BP plc (NYSE: BP) fired 320 workers at its solar panel-making operation in Maryland because it could not compete with manufacturers like First Solar Inc. (NASDAQ: FSLR), SunPower...
Before markets open on Tuesday morning, energy giant BP is scheduled to release third-quarter results.