Last Updated: Jul 20 2010 - Able2Act


Fact Sheet for BP plc

Name: BP plc
Industry: Oil & Gas
Nationality: United Kingdom
Contact Address: 1 St. James's Square London, SW1Y 4PD United Kingdom Tel: +44-20-7496-4000 Fax: +44-20-7496-4234
WebAddress: http://www.bp.com/
General: BP plc (BP) is a holding company. The Company operates through three business segments: Exploration and Production, Refining and Marketing and Gas, Power and Renewables.BP has operations in Europe, the United States, Canada, Russia, South America, Australasia, Asia and parts of Africa. In August 2006, it acquired Greenlight Enery, Inc. Exploration and Production's activities include oil and natural gas exploration, development and production (upstream activities), together with related pipeline, transportation and processing activities (midstream activities).  The activities of Refining and Marketing include oil supply and trading and the manufacture and marketing of petroleum products, including aromatics and acetyls, as well as refining and marketing.  Gas, Power and Renewables activities include marketing and trading of gas and power; marketing of liquefied natural gas (LNG); natural gas liquids (NGLs), and low-carbon power generation through its Alternative Energy business.
Leaders/Mgmt: Peter Sutherland (Chairman)Tony Hayward
Compilation by Silobreaker
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Related Stories

First reported 23 hours ago - Updated 1 hour ago - 3 reports

BP announces personnel policy plans for Azerbaijan

:51 (GMT+05:00)British BP plans to increase the number of local staff working in its structure in Azerbaijan to 90 percent by 2018, Regional President of BP in Azerbaijan, Turkey and Georgia Gordon Birrell said.BP is a participant of development projects ... [Published Azer News - 1 hour ago]
First reported 16 hours ago - Updated 9 hours ago - 2 reports

BP Plans Deeper Drilling for Offshore Oil Despite Ruling

HOUSTON-Even as it faces $50 billion in potential liabilities from the worst U.S. offshore oil spill, BP Plc (BP/) is leading the effort to extract crude from deep below the sea, a place as extreme and inhospitable as the surface of Mars.BP, Chevron Corp. ... [Published Bisnis Indonesia - 9 hours ago]
First reported Sep 17 2014 - Updated 21 hours ago - 6 reports

Judge tells BP lawyers, 'This is not a college term paper'

Using an old dodge tried by countless students for years, the BP legal team tried to squeeze in six additional pages of an appeals filing by changing the to get around a court-imposed page limit on the length of the filing. District Court Judge Carl Barbier ... [Published Digital Journal - 21 hours ago]
First reported Sep 17 2014 - Updated 22 hours ago - 4 reports

Opinion: Deepwater debt -- why BP should have to pay for the Deepwater Horizon incident

in New Orleans, La. (Photo Courtesy of Infrogmation/Wikimedia Commons)Opinions do not necessarily reflect CUIndependent.com or any of its sponsors.Roughly four years ago in the warm waters of the Gulf of Mexico, a cement seal on a deep-sea oil rig exploded, ... [Published Individual.com - 22 hours ago]
First reported Sep 17 2014 - Updated Sep 17 2014 - 2 reports

Hyundai Mipo delivers fourth PSV to BP

SEPTEMBER 17, 2014 — Hyundai Mipo Dockyard (HMD) reports that its main shipyard in Ulsan, South Korea, has delivered the fourth of four high value platform supply vessels (PSV) ordered by BP Shipping in March 2012.HMD has already delivered three of the ... [Published Marine Log - Sep 17 2014]
First reported Sep 16 2014 - Updated Sep 17 2014 - 3 reports

BP plc vs Royal Dutch Shell Plc: Which Oil Major Should You Buy?

2014 has been a very different experience for investors in BP (LSE: BP) (NYSE: BP.US) than it has been for their counterparts in Shell (LSE: RDSB). That's because, while sentiment in BP has weakened somewhat and has caused shares to fall by 3% since the ... [Published Yahoo! Finance UK and Ireland - Sep 17 2014]
First reported Sep 16 2014 - Updated Sep 17 2014 - 4 reports

How far can UK diplomacy go in providing soft landing for BP over US Gulf Oil spill rulings?

A federal judge in New Orleans recently ruled that BP’s “gross negligence” caused the massive oil spill in the Gulf of Mexico in 2010 and that the company’s “reckless” behavior made it subject to fines of as much as $4,300 a barrel under the Clean Water ... [Published Business Day Nigeria - Sep 17 2014]
First reported Sep 16 2014 - Updated Sep 16 2014 - 4 reports

Is a missing comma worth $750 million?

BP PLC, which has paid more than $28-billion for the 2010 Gulf of Mexico oil spill, is looking to get $750 million back over a missing comma on an insurance policy.According to a Financial Post story, BP is hoping to convince a Texas court that a missing ... [Published Insurance Business - Sep 16 2014]
First reported Sep 16 2014 - Updated Sep 16 2014 - 4 reports

BP Alaska Follows North Slope Asset Sale with 275 Layoffs

Oil giant BP plc ’s ( BP - Analyst Report ) subsidiary BP Alaska announced plans to lay off 275 employees and direct contractors in early 2015. The layoff is owing to the previously announced divestment of its interests in four North Slope oil fields ... [Published Zacks.com - Sep 16 2014]
Entities: BP plc, Layoffs, Prudhoe Bay
First reported Sep 16 2014 - Updated Sep 16 2014 - 2 reports

The Zacks Analyst Blog Highlights: Exxon Mobil, BP, North Atlantic Drilling, Superior Energy Services and PowerSecure International

CHICAGO, Sept. 16, 2014 /PRNewswire/ -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently ... [Published PR Newswire: Financial Services - Sep 16 2014]
First reported Sep 16 2014 - Updated Sep 16 2014 - 3 reports

BP to cut 275 jobs in Alaska after oil field disposals

LONDON (Reuters) - BP will cut around 275 staff and contractor jobs in its Alaska operations in early 2015 following the sale of its interests in four oil fields in the North Slope area, it said on Tuesday. ... [Published Wall Street Business Network - Sep 16 2014]
Entities: BP plc, Oil Field, London
First reported Sep 16 2014 - Updated Sep 16 2014 - 2 reports

BP plc Squares Up To Royal Dutch Shell Plc For Oil Supremacy

The oil & gas business has been in the news of late, thanks to legal developments concerning BP (LSE: BP) (NYSE: BP.US) and the Gulf of Mexico, so it seems like a good time to take a look at the sector.Here's how the four oil & gas producers in the FTSE ... [Published Bayou Buzz - Sep 16 2014]
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Blogs

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BP (BP) Showing Support Near $48.33 [Published MarketIntelligenceCenter.com - Apr 21 2014]
BP Plc (BP) presents a trading opportunity that offers a 4.01% return in just 89 days.A covered call on BP at the $50.00 level expiring on Jul. '14 offers an assigned return rate of 4.01% or 16.47% annualized. This trade offers 1.66% downside protection, ...
Potential BP (BP) Trade Targets 2.16% Return [Published MarketIntelligenceCenter.com - Jul 17 2014]
BP Plc (BP) closed Wednesday at $52.28 and technical indicators recently have been bullish. Based in part on those numbers, MarketIntelligenceCenter.com's patented algorithms have identified a couple of attractive trading opportunities in BP for today. ...
BP (BP) Showing Resistance Near $51.49 [Published MarketIntelligenceCenter.com - May 08 2014]
After closing Wednesday at $51.02, BP Plc (BP) presents an attractive opportunity to get a 5.59% return in just 163 days, which is an annualized return of 12.52% (for comparison purposes only). To enter this trade, sell one Oct. '14 $52.50 call for each ...
Potential BP (BP) Trade Targets 4.04% Return [Published MarketIntelligenceCenter.com - Jun 16 2014]
BP Plc (BP) presents a trading opportunity that offers a 4.04% return in just 124 days.A covered call on BP at the $52.50 level expiring on Oct. '14 offers an assigned return rate of 4.04% or 11.90% annualized. This trade offers 2.36% downside protection, ...
Potential BP (BP) Trade Targets 3.34% Return [Published MarketIntelligenceCenter.com - Aug 18 2014]
The option-trade picking algorithms behind MarketIntelligenceCenter.com's Artifical Intelligence Center have selected a covered-call trade on BP Plc (BP) that includes 1.98% downside protection. Sell one contract of the Oct. '14 $48.00 call for every ...
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Audio/Video

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BP to dodge oil spill fine? [Published Reuters Video: Business - Sep 05 2014]
Stocks rally, oil slips despite geopolitical fears [Published MarketWatch Morning Stock Talk - Jul 22 2014]
Dollar soars, stocks fizzle as ECB takes action [Published Reuters Video: Business - Sep 04 2014]
Dollar soars, stocks fizzle as ECB takes action [Published Reuters Video: Top News - Sep 04 2014]
More sponsors revolt over Qatar Cup [Published Reuters Video: Business - Jun 09 2014]
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Press Releases

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Case Funding Inc. Recommits Capital to BP Claim... [Published Financial Services - May 27 2014]
SEC Charges Former BP Employee with Insider Tra... [Published SEC US Press Releases - Apr 17 2014]
Oceaneering Announces BP Angola Contract Extension [Published Financial Services - Sep 10 2014]
Integrated Oil and Gas Stocks Coverage -- Resea... [Published Financial Services - Jun 24 2014]
The Zacks Analyst Blog Highlights: BP, Total SA... [Published Financial Services - May 09 2014]
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