Tagged With BP
Static kill successfully halts Macondo spill
1 September 2010
BP stopped the flow of oil from the Macondo well in the Gulf of Mexico with its static-kill procedure on 3 August, by pumping heavy mud through the blowout preventer (BOP) and into the well
Wasted reputations
1 September 2010
Imagine the outrage in Western capitals if it had happened in Russia. Imagine that before any due legal process had reached its course, the Kremlin had threatened the largest foreign investor in the most prospective oil province in the country with the removal of its licence to operate
BP to sell Colombian business
1 September 2010
AS PART of its $30bn asset-disposal programme, BP agreed to sell 100% of the shares in its Colombian business last month
The next wave of M&A activity: North American shale gas
4 August 2010
The shale-gas revolution that started with the drillers is entering the boardrooms. Expect the North American natural gas scene to look very different in coming years
BP deal suggests end to Egyptian gas-export freeze
29 July 2010
A ground-breaking deal with BP makes way for development of the Raven gasfield – and might mark the end of Egypt's two-year freeze on new gas-export agreements
Spill ramifications spread beyond the Gulf of Mexico
29 July 2010
The Deepwater Horizon disaster will have ramifications for deep-water drilling, not only in the Gulf of Mexico, but worldwide, as countries tighten their regulatory regimes
BP's Macondo well capped at last
29 July 2010
Oil has stopped flowing out of control from BP's blown-out Macondo well in the deep water Gulf of Mexico
Tony Hayward: The fall guy
29 July 2010
TO PRESERVE BP's position in the US and rescue what is left of its credibility in the country Tony Hayward had to go
Deepwater Horizon: Paying for the spill
29 July 2010
AS BP makes progress stemming the flow of oil from its blown-out well in the US Gulf, it is also positioning itself financially to deal with the cost of the catastrophe and shore up investor confidence
BP posts $17bn loss as asset disposal programme gets under way
29 July 2010
THE US gulf oil spill has devastated BP's finances. The company posted a second-quarter loss of $16.97bn – one of the biggest in UK corporate history
An oil industry problem
1 July 2010
President Barack Obama does not yet know what caused the Gulf of Mexico oil spill ("we need to know the facts before we allow deep-water drilling to continue," he said last month). But the force of his anti-BP rhetoric suggests he has already made up his mind
Gulf spill will force industry consolidation
1 July 2010
Expect a wave of M&A in the US Gulf of Mexico next year, as independents find that new costs and liabilities make deep-water exploration in the region too risky, writes Simon Crompton
US: Impact of BP's slick spreads to the authorities
3 June 2010
The Minerals Management Service (MMS), the body blamed for ineffectual oversight of deep-water drilling in the Gulf, is to break up
Deep trouble in deep water
3 June 2010
The long-term implications of the Gulf of Mexico's disastrous oil spill for the offshore industry could be as far-reaching as the spill itself, writes Anne Feltus
Tragedy for the US; disaster for big oil
3 June 2010
A MONTH after the explosion on the Deepwater Horizon rig in the Gulf of Mexico, the oil slick continues to spread
Global oil production holding steady
2 June 2010
US oil production was relatively unaffected by the Deepwater Horizon accident in the US Gulf of Mexico, says the IEA
The next wave of M&A activity: North American shale gas
1 February 2010
The shale-gas revolution that started with the drillers is entering the boardrooms. Expect the North American natural gas scene to look very different in coming years, writes Derek Brower
Offshore Alaska: the upstream oil industry's next frontier
4 January 2010
Alaska could hold impressive offshore oil reserves
BP: Put a price on carbon
4 January 2010
A price on carbon is the "missing link" in the world's quest to increase energy efficiency, reduce emissions and develop alternatives to hydrocarbons, accoridng to BP's chief executive
Oil, money and greed
4 January 2010
A new book tells the story of the oil industry's boom-bust cycle through the personalities of its main protagonists. It isn't always a flattering portrait, writes Derek Brower
Iraqi oil awards signal brighter upstream future
1 December 2009
After the award of three large upstream contracts, Iraq's prospects as an oil producer are looking much brighter
US Gulf of Mexico yields deep-water oil rewards for risk-averse explorers
1 December 2009
A string of large and medium-sized oil discoveries in the GOM's deep waters are attracting risk-averse explorers to this technically difficult region, writes Anne Feltus