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Tesoro acquires BPs Carson refinery, related assets in US for $2.4bn

2013-06-04 01:00:00| Hydrocarbons Technology

BP has completed the sale of its Carson refinery and related logistics and marketing assets in California, US, to Tesoro for about $2.4bn.

Tags: related assets carson acquires

 

Statoil acquires BP's offshore exploration licences in Australia

2013-05-17 01:00:00| Offshore Technology

Statoil has signed a farm-in agreement with BP to buy a 30% equity interest in four exploration licences offshore of South Australia.

Tags: australia exploration offshore licences

 
 

Deepwater Horizon damages weigh on BP's profits

2013-04-30 11:17:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: BP's profits slipped in the first quarter as it emerged that the oil company had paid out more than half of the cash it has set aside to pay for damages caused by the 2010 oil spill in the Gulf of Mexico. The company's replacement cost profit its preferred measure because it removes one-off items and the effect of oil prices was $4.2bn (2.7bn) for the quarter, compared with $4.7bn for the same period last year and $3.9bn for the last quarter of 2012. It was above analysts'forecasts of $3.27bn...

Tags: damages profits horizon weigh

 

BP's profits fall in first quarter

2013-04-30 09:18:52| BBC News | Business | UK Edition

Oil giant BP reports a fall in underlying profits for the first three months of the year, but the figure still beat analysts' expectations.

Tags: fall quarter profits bps

 

BP's first quarter earnings grow despite Deepwater payments

2013-04-30 01:00:00| Offshore Technology

BP has reported that its 2013 first quarter earnings have jumped to $4.2bn, compared to $3.9bn in the previous quarter, but fallen from $4.7bn in the same quarter last year.

Tags: grow payments quarter earnings

 

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