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...As chief executive, his handling of the Deepwater Horizon explosion saw him immediately blame rig owner Transocean before any investigation had taken place....
...The brutal history of the union battles he eventually won after purchasing the Grangemouth refineries from BP in 2005 show that he is no stranger to adversity....
...Its investors lent about £130mn to the utility’s holding company Kemble Water Finance Ltd in 2018 and 2020....
...Insurer RSA agreed to offload £6.5bn of its liabilities earlier this year, the biggest overall transaction in the UK so far, while the Financial Times reported in July that BP was in talks over an insurance...
...Shell, BP and Total are reluctant to disclose financial details for fear of revealing too much to privately owned competitors, analysts say....
...He once mortgaged his house to help with the purchase of a speciality chemicals company from BP....
...Ratcliffe founded Ineos in 1998 with co-owners Andy Currie and John Reece, snapping up assets from BP, ICI and others to develop it into one of the world’s largest chemicals business....
...BP said: “At our sites at which we control pricing, we aim to price competitively, taking into account local factors for each site, including competitors.”...
...Although Centrica’s profits pale in comparison with those of UK-based oil majors BP and Shell, it has become a lightning rod for political and public anger at energy companies, which are seen as generating...
...BP is also expected to reveal a strong performance in the coming days....
...Centrica’s upgrade followed bumper first-quarter earnings reports posted by oil majors including Shell and BP as prices have soared for hydrocarbons....
...Email me at citybulletin@ft.com Briefly It is all change in UK plc today....
...“Carbon offsets are an important tool . . . to help the world get to net zero,” said Bernard Looney, chief executive of BP, the oil group, speaking at a Bloomberg conference in July....
...Tesco Adrian Morris Group general counsel Adrian Morris held senior legal posts at energy company BP and UK utility Centrica before joining Tesco, the UK supermarket chain, in 2012....
...Under the Chrysaor deal the BP transaction had been terminated, Harbour Energy said....
...“As we work to build a more focused, more integrated BP, we have other opportunities that are more aligned with our future direction.” BP shares rose nearly 3 per cent in London trading....
...about 80 per cent this year, has been entangled in a debt dispute with its largest creditor, Asia Research and Capital Management, and in January revealed plans to spend $871m on acquisitions including BP...
...Ten years ago today, an explosion and fire ripped through Transocean’s Deepwater Horizon drilling rig, working under contract for BP in the Gulf of Mexico....
...The truce came after Premier and BP amended terms for the acquisition to cut the headline price and spread payments over several years....
...It was also involved with Norwegian rig operator Songa Offshore before it was bought by rival Transocean in 2017....
...suit, could see the biggest impact through deferred spectrum debt default,” said Motilal Oswal Financial Services, adding that “a default of such a large scale could increase India’s fiscal deficit by ~40 bps...
...BP will combine its Brazilian biofuels and biopower ventures with Bunge’s....
...BP and Reliance will build on an offshore gas exploration and production partnership that began in 2011 with the new joint venture, which will be 49 per cent owned by BP and 51 per cent by Reliance....
...It has also invested in about 20 US and European blue-chip companies, such as BP, Royal Dutch Shell, Total, Boeing, Citigroup, Disney and Facebook, acquiring smaller stakes worth at least $7.7bn in the first...
...Its approach, like that of BP and Exxon, may seem entirely plausible when government action on climate change is feeble. But what if soon it is not?...
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