British Petroleum
BP agrees to record $18.7 billion settlement over Gulf of Mexico oil spill
03 Jul 2015
The $18.7 bn deal would meet damage claims of the federal government, the states of Alabama, Florida, Louisiana, Mississippi and Texas, as also over 400 local government entities along the coast
US judge rejects BP’s bid to cut maximum civil fine in Deepwater Horizon explosion and oil spill
20 Feb 2015
BP writes down value of KG-D6 stake over pricing issues
04 Feb 2015
British explorer BP Plc has written down the value of its investment in the eastern offshore Krishna-Godavari D6 block by $790 million, besides another $830 million in impairment charges, following lower-than-expected gas price hike
BP Plc pegs restructuring charges at $1 bn
11 Dec 2014
BP to let go middle management as oil price fall bites
09 Dec 2014
BP, which suffered a major setback in the Gulf of Mexico oil spill and subsequent compensation claims and is now struggling with low oil prices, plans to reduce the number of managers across all “layers above operations”
BP found to be “grossly negligent” in Deepwater Horizon disaster
05 Sep 2014
BO, which has already voluntarily spent $28 billion on damage claims and clean up costs, has been accused by a federal judge of gross negligence, and may face $18 billion in fresh civil penalties
