Search Results for: BP Plc
BP ‘grossly negligent’ in 2010 U.S. spill, fines could be $18 billion
September 5th, 2014
A U.S. 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 $18 billion in fines to more than $42 billion in ...
BP asks court to replace administrator in Gulf spill case
September 3rd, 2014
BP Plc (BP.L) asked a U.S. court on Tuesday to fire the court-appointed lawyer tasked with paying out compensation to people affected by the 2010 Gulf of Mexico oil spill, saying the lawyer had not disclosed an alleged conflict ...
BLME Holdings report net profit before tax of GBP 5.1 million for H1 2014
August 27th, 2014
BLME Holdings plc today announced its half year financial results to 30th June 2014. BLME reported an operating profit before tax for the group of GBP 5.1 million. The Group increased its operating profit before impairment charges by 177 ...
BP second-quarter profit increases 34 percent
July 29th, 2014
BP Plc reported a 34 percent rise in quarterly profit and said it would pay a dividend of 9.75 cents a share for the quarter ended June 30. Underlying replacement cost profit increased to $3.6 billion for the second ...
U.S. court revives BP retirement-plan suit filed after oil spill
July 16th, 2014
A U.S. appeals court on Tuesday revived a lawsuit in which participants in four BP Plc employee retirement savings plans alleged they were deceived into buying and holding BP stock before and after the 2010 Deepwater Horizon disaster. The ...
SFC reprimands and fines The Royal Bank of Scotland PLC $6 million for internal control failings
April 22nd, 2014
The Securities and Futures Commission (SFC) of Hong Kong, has issued a reprimand to The Royal Bank of Scotland Public Limited Company (RBS) and fined it $6 million for internal control failures relating to the detection and prevention of ...
BP Can Again Bid for U.S. Leases, Contracts After Spill
March 14th, 2014
BP Plc (BP/) won the right to again compete for U.S. contracts and for new leases in the Gulf of Mexico, where its massive 2010 oil spill prompted regulators to bar it from new government business. BP’s agreement with ...
Here’s what to watch in European stocks this morning
October 30th, 2018
Trade Talk Stocks gained in Asia after Donald Trump said he’s aiming for a “great” deal on trade with China. U.S. equities had declined earlier after a report saying the White House is preparing to impose more tariffs on ...
British pound was flat, Yen lost, Won jumped, Stocks in Asia gained; Key events to watch this week
April 30th, 2018
Stocks in Asia gained, with some major markets shut for holidays, as investors weighed the ongoing earnings season against a mixed set of signals for global economic growth. The won rallied as the two Koreas moved closer to peace ...
Saudi Arabia is losing oil market share to Iraq and Iran
April 27th, 2017
Saudi Arabia, the world’s biggest crude exporter, is losing market share to Iraq and Iran as a result of OPEC’s agreement to curb supplies to bolster prices, according to the head of research at Abu Dhabi Investment Authority. “If ...
