BP is selling part of its stake in an emerging oil-producing region in the Gulf of Mexico to Chevron, and the two companies, along with Conoco Phillips, will work to develop the fields together.
A subsidiary of London-based BP PLC has been ordered to pay the state of Alaska $255 million for royalties the state lost because of production shutdowns after two North Slope oil spills in 2006 and a subsequent pipeline replacement project.
The 2012 presidential campaign between President Obama and Mitt Romney will be book-ended by hurricanes.
Oil company BP said Monday it is selling some deep-water assets in the Gulf Mexico to Plains Exploration & Production Co. for $5.55 billion, a big step in the BP’s drive to cover the cost of its oil well blowout in the Gulf two years ago and concentrate investment elsewhere.
Washington state has fined BP more than $80,000 for safety violations at the oil giant’s Cherry Point refinery in Whatcom County.
Today on The Majority Report: Social insurance, who benefits and who loses from the success/failure of Social Security? How healthy is the Trust Account and why the program’s obligations. Listen to the program LIVE at […]
The longer the BP Cherry Point refinery at Blaine is out of service because of fire damage, the higher gasoline prices will go for drivers in Washington, said Tim Hamilton, executive director of the Automotive United Trades Organization, an association of independent dealers.
BLAINE, Wash. (AP) — BP says it’s working to meet customer demand as its Cherry Point refinery in Washington state remains idle following a fire. Company spokesman Scott Dean says it’s still too early to say […]
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Comedian Kathleen Madigan joins us in the Los Angeles Bureau at 6am for all three hours of the show Charlie Pierce of Esquire.com’s Politics Blog calls in at 7:30am to talk about the spectacular fall […]