In an e-mail, BP engineer Brian Morel told a fellow employee that the company is likely to make last-minute changes in the well.
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TNK-BP, an oil company that produces 1.6m barrels a day and which is owned jointly by Britain's BP and Russian private investors, AlfaAccessRenova (AAR), was for months paralysed by war in the boardroom.
Oil prices spiked in 2006, when an oil spill in a BP-operated Alaskan field briefly threatened to cut off half of the state's production for months.
An arbitration panel ruled that TNK-BP , BP's Russian venture, which is half owned by Mr Blavatnik and other Russian shareholders, must be included in a proposed project by BP and Rosneft to explore energy fields in the Arctic, if a related share-swap deal between BP and Rosneft is to proceed.
In the energy space, a staggering 8.8 percent dividend yield may not be enough to keep sellers at bay for London-based BP plc (BP), and that could warrant an intra-sector rotation into supermajor rivals.
Joe Corp. would have an open-and-shut case against BP, Transocean and Halliburton over the Deepwater Horizon catastrophe.
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There is an impasse, which means that TNK-BP will probably function on autopilot for a while, managed by five senior executives but without direction from its own board.
April, the private sector is -- again, BP is an active member of the private sector and is working in conjunction, as I understand it, with many different oil companies.
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Nearly two weeks ago, Nomura analyst Alastair Syme floated what looked like a novel idea at the time: with debt financing appearing expensive and asset sales taking time, oil giant BP may consider an equity-linked financing backed by a sovereign wealth fund.
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"That was to be the fail-safe in case of an accident, " says LamarMcKayLamar McKay, chairman of BP America, adding that the blowout protector--like the rig itself--was owned by Transocean.
"That was to be the fail-safe in case of an accident, " says Lamar McKay , chairman of BP America, adding that the blowout protector--like the rig itself--was owned by Transocean.
The company, which is based for tax purposes in Zug, Switzerland but also incorporated in Delaware, has maintained its liability is limited under a federal oil-spill law as well as an indemnification from BP.
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The remote-controlled submarines are being used by BP in an attempt to activate the well's blowout preventer to choke the flow of oil.
In 2011, demonstrations took place outside Tate Britain in protest at BP's sponsorship and an 8, 000-strong petition was handed to the Tate calling for an end to the partnership.
Yet BP has done well out of Russia: TNK-BP is now a thriving business that contributes an eighth of the British giant's profits (and Mr Dudley, pictured left shaking hands with Rosneft's boss, now runs the British oil giant).
The Kremlin is an important constituency for BP because the British giant's TNK-BP Ltd. venture in Russia represents almost a quarter of BP's global production.
Before she ruled, the judge heard an apology from a BP executive and emotional testimony from relatives of the 11 workers who died when BP's blown-out Macondo well triggered an explosion on the rig and started the spill.
Two BP workers have been indicted on manslaughter charges and an ex-manager charged with misleading Congress.
Despite the public outcry over the BP oil spill earlier this year and an extraordinarily active lame-duck Congress within the last month, oil companies managed to wriggle free of some big tax hikes aimed at the industry.
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KV-B is NOT any more of an an evil company than Exxon Mobile and BP petroleum.
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This fund could be a good one-stop-diversification for an investor whose energy holdings lean towards the supermajors like ExxonMobil, BP and Chevron.
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Transocean lawyer Brad Brian said that last week's settlement was not an admission of gross negligence and that last-minute changes to the well design by BP had the rig's crew "at wits' end" before the disaster.
He cites an example where two people from the same area of the United States search for BP - one finds investment information, the other news about the oil spill.
Four US senators are calling for an investigation into allegations that oil firm BP lobbied for the early freeing of Abdelbaset al-Megrahi, who was convicted of the 1988 bombing of Pan Am Flight 103 which killed 270 people.
Finally, the BP spill has presented an unprecedented challenge as an emergency environmental response and a long-term restoration effort.
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After graduating in 1969, he joined BP full time as an engineer at Prudhoe Bay in Alaska, where BP had just discovered a massive, 14-million-barrel oilfield.
As a material producer of gas -- and supplier to southern Europe -- Algeria has enjoyed interest from companies including BP, Statoil and Repsol, despite an increasingly punitive tax environment.
After the BP oil spill, the administration put a moratorium on an already anemic record of approving deep-water drilling permits.
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