BP Chief Executive Bob Dudley is facing a shareholder rebellion against his 20% pay rise for 2015 — the same year that the oil company reported its worst ever annual loss of $6.5b.
In the largest environmental settlement in the US history, oil and gas giant BP will pay over $20b to the American government over damages caused by an rig explosion and oil spill on April 20, 2010 in the Gulf of Mex ...
Tarek El Molla, Minister of Petroleum and Mineral Resources, said that the Egyptian General Petroleum Corporation (EGPC), the Egyptian Natural Gas Holding Company (EGAS), and British company BP signed agreements to f ...
UK's oil and gas major BP and the state-run Kuwait Petroleum Corporation (KPC) have signed a framework agreement to explore possible joint opportunities for investment and cooperation in future oil, gas, trading and ...
The London-based explorer BP and China National Petroleum Corp. have signed a Production Sharing Contract (PSC) for shale gas exploration, development and production in the Neijiang-Dazu block in the Sichuan Basin, C ...
British BP and the Norwegian oil company, Statoil, have temporarily removed their staff from two natural gas facilities in Algeria - Salah Gas and In Amenas - after al-Qaeda-linked militants attacked the former.
Al Qaeda in the Islamic Maghreb has claimed responsibility for a recent rocket-propelled grenade attack on an Algerian gas plant operated by Norway's Statoil, UK's BP and Algerian state-run gas company Sonatrach.
National Steel Fabrication, a subsidiary of Orascom Construction (OC), has signed a $20m contract to manufacture and supply structural steel for the West Nile Delta gas development project.
Danish engineering company, Subsea 7, was awarded a major contract to help BP develop three gas fields, including laying export lines, off the coast of Egypt - Giza, Fayoum, and Raven subsea fields offshore Alexandria.