Posts Tagged ‘BP’

Oil majors’ big legal fear is averted — for now

LONDON • Oil companies have for now managed to avoid the legal liability of paying potentially billions of dollars for protection against the impact of ...

BP dodges oil-industry gloom as 4Q profit jumps with production

by BLOOMBERG
LONDON • BP plc dodged the disappointment that afflicted other oil-company earnings as it did a better job of exploiting the upswing in ...
Reliance

Reliance mulls India power storage with BP

MUMBAI • Reliance Industries Ltd, owned by India’s richest man Mukesh Ambani, is considering entering the power-storage business with its partner BP plc to ...
oil

Goldman: Who needs US$100 oil? Majors make more cash at US$50

SINGAPORE • Oil majors are raking in more cash now than they did in the heyday of US$100 (RM428.49) oil, according to Goldman Sachs Group Inc.
...
BP

BP breaks even in ‘tough environment’

LONDON • BP plc moved to calm investor concerns after debt rose to a record, saying lower oil-spill payments for the rest of the year and funds from asset ...