Posts Tagged ‘plc’
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BP discovery doubles gas estimate for Trinidad-Tobago Savonette field

by on November 19, 2012 1:56 pm GMT
BP discovery doubles gas estimate for Trinidad-Tobago Savonette fieldLONDON -- BP PLC's Trinidad and Tobago unit, BPTT, said Monday it has discovered an estimated 1 Tcf of gas off the coast of Trinidad, doubling the estimated gas in place at the Savonette gas field.The Savonette 4 appraisal well was drilled to

Glencore discovers new Cameroon oil well

by on November 13, 2012 1:38 pm GMT
Glencore discovers new Cameroon oil wellBY EMMANUAL TUMANJONGYAOUNDE, Cameroon--Glencore Exploration Cameroon Ltd., the local unit of London listed commodities trader Glencore International PLC, said it has discovered oil in a new well being drilled in Cameroon's southwestern oil basin of Rio del Rey, adjacent to Nigeria's oil-rich Niger

Russian court rules against BP in TNK-BP lawsuit

by on July 27, 2012 12:00 am GMT
Russian court rules against BP in TNK-BP lawsuitBY IRA IOSEBASHVILIMOSCOW--Russia's Tyumen arbitration court on Friday ordered BP PLC (BP) to pay just over 100 billion rubles ($3.1 billion) in damages to TNK-BP, a ruling that the British company called a "corporate attack."The court ruling is to take

BP spill fine may hit $25 billion

by Forex Rooton June 11, 2012 12:00 am GMT
BP spill fine may hit $25 billion   BY STEVE GELSIHOUSTON--Federal regulators are seeking a settlement of $15 billion to $25 billion from BP PLC (BP) for the 2010 oil spill in the Gulf of Mexico from the ruptured Macondo well, according to report by the Financial Times over the