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Montevideo, April 25th 2024 - 09:48 UTC

Tag: BP Plc

  • Wednesday, May 15th 2013 - 06:50 UTC

    BP and Total win exploration rights in virgin waters of Brazil’s Amazon basin

    Energy Minister Edison Lobao said sale of exploration rights beating government’s expectations

    BP and Total, Europe’s biggest oil companies after Shell, won exploration rights in the Amazon basin as Brazil’s first oil auction in five years attracts a record level of bids. Total, based in Paris, gained exploration access to operate five blocks at the Foz do Amazonas basin in northern Brazil together with partners BP and Petrobras, the oil regulator said on Tuesday.

  • Friday, November 16th 2012 - 00:42 UTC

    BP pleads guilty to Gulf of Mexico spill and will pay a record 4.5bn

    We believe this resolution is in the best interest of BP and its shareholders” said Carl-Henric Svanberg, BP chairman

    BP Plc agreed on Thursday to plead guilty to a raft of charges in the deadly Gulf of Mexico spill and pay a record 4.5 billion dollars including the biggest criminal fine in United States history. Three BP employees were also charged, two of them with manslaughter.

  • Saturday, July 14th 2012 - 00:36 UTC

    Argentine province reviewing BP operating licence in main oil field

    Strikers calling themselves ‘dragons’ occupied the premises and destroyed company’s property

    Argentina’s Chubut province is reviewing the operating license of BP Plc main oil field in the country and may revoke it, the provincial oil minister said. The review started after operations were interrupted last month for over three weeks during a workers’ protest, Minister Ezequiel Cufre said in an interview in Buenos Aires.