BP

BP Ring-Fences CEO Dudley From Iran Decision-Making

By Ron Bousso LONDON, Nov 22 – BP has created a new executive committee to explore business in Iran which will exclude its American chief executive Bob Dudley in a bid to avoid potential violations of U.S. sanctions still in place. The new committee is headed by BP’s chief financial officer Brian Gilvary, who is

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Iraq, Oil Companies Agree to Restart Investment, Boost Output

By Ahmed Rasheed and Aref Mohammed BAGHDAD/BASRA – Aug 11 – Iraq has reached agreement with BP, Shell and Lukoil to restart stalled investment in oil fields the firms are developing, allowing projects that were halted this year to resume and crude production to increase in 2017, Iraqi oil officials said. The agreements, reached in

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Algerian Army Kills Militants Behind Krechba Gas Plant Attack

ALGIERS, March 20 – Algeria’s army has killed four militants authorities believe were responsible for Friday’s attack on the Krechba gas facility operated by state oil company Sonatrach with BP and Statoil, a security source said on Sunday. Al Qaeda’s North Africa branch claimed responsibility for the rocket attack on the gas plant in central

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Al-Qaeda’s North Africa Branch Claims Attack on Algerian Gas Plant

ALGIERS, March 19 – Al Qaeda’s North Africa branch has claimed responsibility for Friday’s rocket-propelled grenade attack on an Algerian gas plant operated by Norway’s Statoil and BP as part of its “war on the Crusader interests everywhere”. The attack caused no casualties or damage but forced the facility to be closed as a precaution,

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Militants Fire Rockets at Algerian BP/Statoil Gas Plant, No Casualties

OSLO/ALGIERS March 18 – Militants attacked an Algerian gas plant operated by Norway’s Statoil and BP with rocket-propelled grenades on Friday, causing no casualties or damage but forcing the facility to be closed as a precaution. Algeria’s energy infrastructure is heavily protected by the army especially since the 2013 Islamist militant attack on the In

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As Big Oil Shrinks, Boards Plot Different Paths Out of Crisis

By Ron Bousso and Terry Wade LONDON/HOUSTON, Feb 7 – As oil and gas companies cut ever-deeper into the bone to weather their worst downturn in decades, boards have adopted contrasting strategies to lead them out of the crisis. Crude prices have tumbled around 70 percent over the past 18 months to around $35 a

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Azerbaijan’s Ruling Party Likely to Win Elections

BAKU, Nov 1 (Reuters) ¬†Azeri voters headed to the polls on Sunday for a parliamentary election, which Azerbaijan President Ilham Aliyev’s ruling party is widely expected to win, and which mainstream opposition and international monitors are shunning. Aliyev has consolidated his power since succeeding his father and long-serving leader Heydar in 2003, presiding over a

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