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BPs earnings rise in first quarter; TNK-BP deal lifts profit

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

UK-based oil and gas company BP has reported a $4.2bn profit in the first quarter of 2013, which is an increase compared to $3.9bn in the fourth quarter of last year, but a fall from the $4.7bn of the first quarter of 2012.

Tags: deal rise profit quarter

Analysis: BP's legal gamble may trim spill bill by billions

2013-04-22 09:16:10| Energy - Topix.net

BP Plc's attempt to get a U.S. federal court to pin at least a sizeable amount of the blame for the Deepwater Horizon disaster on other companies may have saved it billions of dollars.

Tags: legal analysis bill trim

Analysis: BP's legal gamble may trim spill bill by billions

2013-04-22 08:57:33| Oil & Gas - Topix.net

BP Plc's attempt to get a U.S. federal court to pin at least a sizeable amount of the blame for the Deepwater Horizon disaster on other companies may have saved it billions of dollars.

Tags: legal analysis bill trim

Analysis: BP's legal gamble may trim spill bill by billions

2013-04-22 07:37:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: BP Plc's attempt to get a U.S. federal court to pin at least a sizeable amount of the blame for the Deepwater Horizon disaster on other companies may have saved it billions of dollars. After failing to settle claims from the 2010 Gulf of Mexico spill through negotiations, the British oil company opted in February to go to trial with plaintiffs ranging from small businesses to the U.S. government over the damages it will face. The decision rests with U.S. District Court Judge Carl Barbier, who...

Tags: legal analysis bill trim