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16 Oct 2016

Govt grants license to BP Plc for setting up 3,500 petrol pumps in India

Government has formally granted a licence to BP Plc, Europe's third-biggest oil company, to set up 3,500 petrol pumps in India, making it the 10th company to enter the lucrative fuel retailing sector.

06 Oct 2016

BP gets govt nod to set up retail pumps of petrol, diesel in India

BP Plc, Europe's third-biggest oil company, has received government approval to set up petrol pumps to retail petrol and diesel in India.

14 Apr 2016

BP shareholders reject pay deal for chief executive Bob Dudley

Only 40.89 percent voted in favour of the deal in a non-binding vote which highlighted shareholder discontent at BP`s annual general meeting in London.

13 Mar 2016

BP signals willingness to take back arbitration

After the oil ministry's tough talk, BP of the UK has signalled its desire to end arbitration seeking higher prices for natural gas from eastern offshore KG-D6 block that it co-owns with Reliance Industries.

02 Feb 2016

BP slumps into $6.5bn loss for 2015 on oil collapse

British energy giant BP Tuesday said that it slumped into a vast loss in 2015, ravaged by the dramatic collapse in oil prices.

11 Sep 2015

BP for extending marketing, pricing freedom to gas fields

BP Plc, Europe's second-largest oil company, Friday made a case for extending the marketing and pricing freedom given to operators of marginal and small oil and gas fields to conventional fields like KG basin D6 block.

British Petroleum

27 Apr 2015

UK government tells BP it would oppose takeover: Reports

The British government has warned oil giant BP that it would oppose a foreign takeover of the company weakened in recent years by the Gulf of Mexico oil spill, media reports said Monday.

Egypt conference

14 Mar 2015

Egypt conference agrees billions in investments

Egypt had signed investment deals worth billions of dollars by Saturday, the second day of a three-day conference aimed at reviving the country`s troubled economy.

British Petroleum

06 Mar 2015

BP unveils $12 bn investment in Egypt gas fields

British energy giant BP said Friday it would invest $12 billion (11 billion euros) in gas fields in Egypt together with Russian-owned partner DEA, calling it a "vote of confidence" in the country.

British Petroleum

15 Jan 2015

Energy giant BP says to cut 300 North Sea jobs

Energy giant BP said it was shedding 200 staff jobs and 100 contractors in its North Sea operations on Thursday following a sharp drop in oil prices.

05 Sep 2014

BP ''grossly negligent'' in 2010 US spill, fines could be $18 billion

A US judge has decided that BP Plc was “grossly negligent” and “reckless” in the Gulf of Mexico oil spill four years ago, a ruling that could add nearly USD18 billion in fines to more than USD42 billion in charges the company took for the worst offshore environmental disaster in US history.

British Petroleum

02 Sep 2014

BP starts campaign to hire leaders

BP, Europe's second-biggest oil company, Tuesday started a recruitment campaign to select leaders for its refining and marketing business as also for IT services.

British Petroleum

25 Jul 2014

British energy secy meets Pradhan, discusses key issues

Weeks after Britain's BP and its partner Reliance Industries slapped an arbitration notice for delay in gas price hike, UK's Energy Secretary Edward Davey today met Oil Minister Dharmendra Pradhan to discuss outstanding issues.

British Petroleum

18 Jun 2014

BP chief meets Oil Minister Pradhan on India projs, gas price

With delays in regulatory nod and gas price revision frustrating its attempts to reverse falling gas output from KG-D6 field, BP chief executive Bob Dudley met Petroleum Minister Dharmendra Pradhan to press for early decisions.

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