TOKYO (Reuters) – Japan’s Marubeni Corp said on Monday it has agreed to pay $650 million (413 million pounds) for the stakes held by a unit of BP in four oil and gas wells in the U.S. Gulf of Mexico, as the oil company looks to offload assets in the wake of a massive oil spill in the region.
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All About Stock MarketTag Archive | "gulf of mexico"
Marubeni to buy stakes in BP Gulf of Mexico wells
Posted on 25 October 2010.
Posted in Stock market - EuropeComments (0)
Gulf course
Posted on 24 October 2010.
Big oil has not written off the Gulf of Mexico, despite the BP spill
Posted in Commodities, EnergyComments (0)
BP’s secured loans to fund next week – sources
Posted on 22 October 2010.
LONDON (Reuters) – BP’s $4.75 billion (3 billion pounds) in secured loans, backing the company’s liquidity in the wake of the Gulf of Mexico oil spill, are set to fund next week after closing oversubscribed, bankers said on Friday.
Posted in Stock market - EuropeComments (0)
BP to miss Big Oil’s bumper third quarter due to oil spill
Posted on 22 October 2010.
LONDON (Reuters) – BP’s Gulf of Mexico oil spill meant it missed out on an industry-wide trend of higher profits and rising production in the third quarter, according to a Reuters poll.
Posted in Stock market - EuropeComments (0)
Chevron to develop in Gulf of Mexico
Posted on 21 October 2010.
Chevron, the second-largest US oil group, has given the green light to the $7.5bn development of two large fields in the Gulf of Mexico
Posted in Commodities, EnergyComments (0)
BP to base bonuses on safety
Posted on 19 October 2010.
In his latest attempt to change the culture at BP in wake of the Gulf of Mexico oil spill, new chief executive Bob Dudley told staff in an e-mail this week that their next bonuses will be based solely on how they meet safety guidelines.
Posted in Stock Market, US Markets, US NewsComments (0)
BP links bonuses to safety performance
Posted on 19 October 2010.
Move is latest by chief executive Bob Dudley as he tries to restore BP’s reputation after the disastrous spill in the Gulf of Mexico
Posted in Commodities, EnergyComments (0)
Halliburton profit surges in third quarter
Posted on 18 October 2010.
Halliburton, the second biggest oilfield services company in the world, said it more than doubled net income in the third quarter as the shale gas and oil boom in the US offset a slowdown in Gulf of Mexico activity following the BP spill
Posted in Commodities, EnergyComments (0)
Europe proposes new oil safety standards
Posted on 13 October 2010.
The European Commission has proposed specific European legislation for offshore oil exploration in the wake of the BP oil spill in the Gulf of Mexico but stopped short of imposing a ban on deepwater drilling
Posted in Commodities, EnergyComments (0)
Energy: A sea change needed
Posted on 07 October 2010.
Energy: BP’s new head has vowed to strengthen a safety culture blamed for causing the Gulf of Mexico oil spill; the group’s survival depends on him getting it right
Posted in Commodities, EnergyComments (0)
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