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...BP is also said to be interested in natural gas opportunities in the area....
...Alongside BP, it launched arbitration proceedings against the company in September. Venture Global has denied the allegations....
...The US Securities and Exchange Commission alleged Tyler Loudon had made $1.76mn in illegal profits after buying up thousands of shares in TravelCenters of America ahead of its $1.3bn acquisition by BP in...
...Tyler Loudon admitted to making more than $1.7mn in illegal profits from buying up thousands of shares in TravelCenters of America ahead of its $1.3bn acquisition by BP in February 2023, the US Attorney’...
...“Commercial viability is fundamental for ambitious projects of this size and scale,” said Molly Morris, president of Equinor Renewables Americas....
...About a quarter comes from the Americas and another quarter from Asia and the rest of the world....
...Stints in Texas and Scotland as finance chief for the company’s North America gas and North Sea operations, respectively, followed....
...Standard Chartered has sounded out UK political heavyweights Sir Charles Roxburgh and Sir Sajid Javid as potential candidates for its next chair, BP reported its second-biggest annual profit in a decade,...
...Noteworthy deals include First Solar’s $700mn tax credit transfer to Fiserv, and an Invenergy-led $580mn transfer to Bank of America....
...He is being replaced as head of BP Americas by Orlando Alvarez, who will continue in his role as senior vice-president gas and power trading, Americas. Read more on BP here...
...Lawler is being replaced as head of BP America by Orlando Alvarez, who will continue in his role as senior vice-president gas and power trading....
...North America was the top destination for investment among all global executives, followed by Europe....
...“The impetus for the increased fee waiver is clear,” said Bryan Armour, director of passive strategies research for North America at Morningstar....
...Below 30 bps, providers “can’t make money” unless they attract “billions” of assets under management, McNeil said. He suspected “most” would not and would therefore close in the “medium term”....
...Marc Filippino Michael Stott is the FT’s Latin America editor. Thanks, Michael. Michael Stott Thank you, Marc....
...Chief financial officer Murray Auchincloss said net debt had risen, in large part due to the $1.3bn acquisition in May of TravelCenters of America, a chain of US highway fuel stations where BP plans to roll...
...At the COP28 climate conference in December, companies representing about a third of global oil and gas production including ExxonMobil, TotalEnergies, BP and Shell pledged to stop routine flaring of excess...
...The impairment came a day after BP booked a $540mn writedown on two offshore wind projects off the New York coast after authorities turned down a request to renegotiate contracts....
...(Christine Murray) Power Points Activist investor Bluebell Capital Partners has called on BP to ditch its commitment to cut oil and gas output. Read this FT scoop for the full details....
...BP reports earnings on Tuesday and Shell on Thursday. BP has had a tumultuous few months following reports about chief executive Bernard Looney’s undisclosed past relationships with colleagues....
...“If America is run by lawyers then the UK is run by accountants,” said one headhunter....
...Two other recent examples are BP’s Deepwater Horizon crisis in 2010 and the Volkswagen Emissions Scandal of 2015; one might also think of the existential crises at Bank of America and UBS a decade and a...
...Earlier this year the state of California sued several of the world’s biggest oil companies, including ExxonMobil, Shell and BP, claiming they had misled consumers by suppressing information about the adverse...
...Banners at the rally read: “Death to America, death to Israel.”...
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