Gazprom Neft Fails In Challenge Of Price-Fixing Fine -Vedomosti
22nd Jul 2010 04:39
DOW JONES NEWSWIRES State-controlled oil producer OAO Gazprom Neft (SIBN.RS) has lost a legal fight against Russia's antitrust regulator, which fined it and other companies for price-fixing, business daily Vedomosti reports Thursday. The Constitutional Court on Wednesday refused to consider
Read moreBP's CEO Plans To Fight Back Against Critics - Report
22nd Jul 2010 02:26
DOW JONES NEWSWIRES BP PLC (BP, BP.LN) Chief Executive Tony Hayward will next week launch a fight against the wave of criticism that has engulfed him and BP following the Gulf of Mexico oil spill, according to The Guardian's Web site on Wednesday. Hayward is set to outline a new corporate gr
Read moreUS Senate Asks Tony Blair To Testify On Lockerbie - Report
22nd Jul 2010 00:43
LONDON (AFP)--Former U.K. Prime Minister Tony Blair has been invited to testify before a U.S. Senate committee examining whether BP PLC (BP) played a role in the release of the Lockerbie bomber, reports said Friday. The former premier has been asked to appear at the hearing in Washington next we
Read moreApache Lines Up $5B Bridge Loan For BP Deal, Doesn't Use It
21st Jul 2010 23:29
By Katy Burne Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Apache Corp. (APA) said Wednesday that it would employ an array of financing tools in its $7 billion acquisition of oil and gas fields from BP PLC (BP, BP.LN), including cash, revolving loans, term loans, stock sales and convertible
Read moreUS Rep Miller:BP Ban On New Drilling Licenses To Be In House Bill
21st Jul 2010 23:01
By Corey Boles and Siobhan Hughes Of DOW JONES NEWSWIRES WASHINGTON (Dow Jones)--A top House Democrat expressed confidence Wednesday that a measure that would effectively ban BP PLC (BP, BP.LN) from winning new offshore oil exploration licenses would be included in a bill the House is expect
Read moreUPDATE: BP: Awaits US OK For New Gulf Well-Sealing Operation
21st Jul 2010 22:18
(Adds new information in the fifth paragraph.) By Susan Faker Of DOW JONES NEWSWIRES HOUSTON(Dow Jones)--BP PLC (BP, BP.LN) said Wednesday it is waiting for U.S. government approval in order to start an operation that could speed up the permanent sealing of a broken well in the U.S. Gulf
Read moreADR REPORT: Shares Close Lower On Macroeconomic Concerns
21st Jul 2010 22:10
By Emily Glazer Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--International companies trading in New York closed lower Wednesday as investors' worries about the economic outlook following comments from U.S. Federal Reserve Chairman Ben Bernanke overshadowed better-than-expected earnings from
Read moreBP: Waiting For Weather, Government Before Starting 'Static Kill'
21st Jul 2010 21:59
By Susan Daker Of DOW JONES NEWSWIRES HOUSTON(Dow Jones)--BP PLC (BP, BP.LN) said Wednesday it's waiting on government approval in order to start an operation that could speed up the permanent sealing of a broken well in the U.S. Gulf of Mexico. Meanwhile, the company has received approv
Read moreMARKET TALK: Apache's Rating, Outlook Unchanged After BP Deal-S&P
21st Jul 2010 21:22
2022 GMT [Dow Jones]--Standard & Poor's credit rating and outlook for Apache Corp. (APA) remains unchanged following the company's announcement that it is buying BP PLC's (BP, BP.LN) assets in North America and Egypt for $7 billion. "We believe that Apache's credit protection measures would remain a
Read morePRESS RELEASE: S&PBulletin: Apache Rtgs Unaffected By Pact To Acq. BP Assets
21st Jul 2010 20:44
The following is a press release from Standard & Poor's: NEW YORK (Standard & Poor's) July 21, 2010--Standard & Poor's Ratings Services said today its ratings and outlook on exploration and production (E&P) company Apache Corp. (A-/Stable/A-2) remain unchanged following Apache's announcement of its
Read moreLawmakers Scrutinize Claims Process Under BP's $20B Spill Fund
21st Jul 2010 18:28
By Tennille Tracy Of DOW JONES NEWSWIRES WASHINGTON (Dow Jones)--U.S. lawmakers are taking increased interest in the way BP PLC's $20 billion oil-spill fund is being administered, highlighting the scrutiny likely to follow the fund's process of paying claims to workers and businesses affect
Read moreApache's $7 Bln Deal With BP Seen As Paying Off In The Long Run
21st Jul 2010 18:01
By Isabel Ordonez Of DOW JONES NEWSWIRES HOUSTON (Dow Jones)--Apache Corp.'s (APA) $7 billion acquisition of BP PLC (BP) assets in North America and Egypt is seen by analysts as a smart deal that could hit the company's stock in the short term but has the potential to significantly lift its
Read moreUPDATE: NY, Ohio Pension Funds May Lead BP Class-Action Suit
21st Jul 2010 17:44
(Adds comment from BP spokesman, details about Ohio funds and updates BP's stock quote.) DOW JONES NEWSWIRES Public pension funds in New York and Ohio said they hope to be the lead plaintiffs of what could be a class-action lawsuit against BP PLC (BP, BP.LN), whose share price has plummeted
Read moreUPDATE: Bad Weather Could Slow Battle To Seal Gulf Oil Leak
21st Jul 2010 17:31
(Updates with National Hurricane Center canceling reconnaissance mission to investigate the weather system.) NEW ORLEANS (AFP)--U.S. officials were Wednesday anxiously eyeing a patch of bad weather building in the Caribbean, just as they approach the end game in efforts to seal for good a blown
Read moreBad Weather Could Slow Battle To Seal Gulf Oil Leak
21st Jul 2010 17:25
NEW ORLEANS (AFP)--U.S. officials were Wednesday anxiously eyeing a patch of bad weather building in the Caribbean, just as they approach the end game in efforts to seal for good a blown-out well. The weather system, if it strengthens as it heads into the Gulf of Mexico, could delay relief effor
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