shareholders

  • ADNOC Distribution Approves Interim Dividend Distribution

    ADNOC Distribution Approves Interim Dividend Distribution

    Monday, 30th September 2019

    The Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) revealed that its board of directors approved the distribution of interim dividend.

  • BP to Pay Investors $175m Over Deepwater Horizon Oil Spill

    BP to Pay Investors $175m Over Deepwater Horizon Oil Spill

    Sunday, 5th June 2016
    BP has agreed to pay $175m to settle claims that it deceived shareholders by underplaying the severity of the 2010 Gulf of Mexico oil spill. Their claim was based on the allegation that BP publicly “lowballed” the amount of oil flowing from its Macondo well.
  • Sasol’s Executives Earnings Debated

    Sasol’s Executives Earnings Debated

    Tuesday, 8th December 2015
    South African Sasol group’s annual general meeting (AGM) was shaken with a decision issued by the remuneration committee to change the key performance indicators (KPIs) for executives, in a year when company earnings were hit by a slump in oil prices.
  • Oman Oil and BPCL Selling Stake in Joint Venture

    Oman Oil and BPCL Selling Stake in Joint Venture

    Sunday, 1st November 2015
    Foreign companies are in talks to buy a stake of up to 24 percent in the Bina refinery in India's Madhya Pradesh state which is jointly owned by Bharat Petroleum Corp (BPCL) and the Oman Oil Company
  • After Effects of Petrobras Scandal Spreads to US and UK

    After Effects of Petrobras Scandal Spreads to US and UK

    Tuesday, 31st March 2015
    Investors in Petroleo Brasileiro SA, the state-run oil company at the center of a kickback scandal in Brazil, expanded their lawsuit against the company by adding claims that auditor PricewaterhouseCoopers LLP turned a “blind eye” to the fraud and “ignored obvious red flags.”