Beleaguered oil major BP Plc’s chief executive Tony Hayward will step down on 1 October and will be replaced by fellow executive Robert Dudley. Dudley is currently incharge of clean up operations at the Gulf of ...
US president Barack Obama and British prime minister David Cameron will hold talks on Tuesday overshadowed by controversy over BP that could test the vaunted “special relationship” between their countries.
They are expected to discuss BP’s role ...
British oil major BP prepared on Tuesday to try sealing off its runaway well with a new cap that it says could for the first time in 12 weeks finally arrest the flow of oil spewing ...
It seems BP and US govt. are heading for showdown over the issue of compensation to the workers who lost wages due to moratorium imposed by the US government on exploration activities in the Gulf of ...
“Insurance costs are going to go up exponentially around the world. We anticipate that our insurance premium next year will rise exponentially,” ONGC CMD R S Sharma said.
ONGC had brought down the insurance premium for its ...
EB Bureau
State owned oil and gas behemoth ONGC’s CMD R.S. Sharma said, oil spill in gulf of Mexico from BP owned field is going to prove a game changer event for entire exploration and production industry ...
BP admits to the crucial error happened hours befor the explosion to the investigators and also informed about the top kill procedure progress. The company told congressional investigators that pressure tests on a drill pipe hours ...
The British oil major BP is still fighting to contain the oil slick in the Gulf of Mexico after the rig explosion of 20 April. It is now taking the ugly turn of allegation ...
The market rarely provides buying opportunities where the risk to value proposition is extremely disconnected, but the natural gas market is having one of those moments now, says Rajiv Darji senior analyst, Globe Capital Market ...
Onshore preparations are being launched by BP as the next phase of its effort to contain and clean up the Gulf of Mexico oil spill,in case spilled oil should reach the coast. ...