BP

BP Plans to Reshape Itself

BP Plans to Reshape Itself

BP PLC (BP) is said to have reported the vending of its sold its fuel marketing businesses in several African countries for $296 million.

This trading is believed to be the most recent one in a program of $30 billion of asset sales which is intended to help the Company in the wake of the Gulf of Mexico oil spill.

Spill panel could not find any evidence that bad decision was taken for greed

Spill panel could not find any evidence that bad decision was taken for greed

On Monday investors have stated that they haven't found any evidence to say that someone had cut corners to save money that have resulted in a bad decision which blew out the Macondo well of BP.

They also stated that there may be enough bad decision taken by workers prior to the blow out that have aggravated the risk.

BP is once more making profits after the oil spill

BP is once more making profits after the oil spill

BP has capitalized on the better than expected earnings that it saw in its third quarter and that is making one thing clear that the company has left behind its worst days of the oil spill and its business is bouncing back.

The oil spill of BP will cost forty billion dollars

The oil spill of BP will cost forty billion dollars

Today BP the oil major announced that the total cost for its Deepwater Horizon oil spill will go up by another seven decimal seven billion dollars than what it had stated earlier and amount to forty billion dollars.

Before the blowout of BP well the firm was aware about cement problems

Before the blowout of BP well the firm was aware about cement problems

Many weeks before the explosions of the Deepwater Horizons both the oil giant BP and its subcontractor Halliburton were aware of the facts that the cement mixture meant to be used for sealing the well was not stable as per the test report.

Pages

Popular Stories

Waymo seeks injunction against Otto and Uber

Google Inc. parent firm Alphabet-owned Waymo has... Read More

Great Barrier Reef experiencing coral bleaching for second consecutive year

The health of Australia’s Great Barrier Reef is in... Read More

Google Cloud acquires Kaggle

The Google Cloud Platform announced on Wednesday... Read More

NOAA budget cut could put lives at risk by hindering research: experts warn

As the Trump administration is reportedly mulling... Read More