Articles by BP plc

  • China’s Elite Tsinghua University to Receive $300M Donation from US Billionaire Schwarzman

    April 22 2013 10:48 AM

    Tsinghua University, one of China's universities which trained many of China's top leaders, is bound to receive a $300 million donation from no less than an American mogul, Blackstone Group investment company founder Stephen Schwarzman.

  • BP Aims to Get Rid of its US Wind Arm

    April 04 2013 5:52 PM

    If one thinks that renewable energy is the future, then s/he can be surprised with a new decision made by BP Plc. Surprising or not, BP Plc has informed that it wants to get rid of its US wind arm.

  • BP & Partners are to Invest $500m in North Sea’s Clair Field

    April 02 2013 9:23 AM

    On the 28th of March, it was made public that an oil consortium led by BP Plc would plow as much as $500 million in an appraisal drilling project in the Clair field near Shetlands Islands. The investment is expected to bring many benefits to North Sea oil sector.

  • BP to Dive Into its Pocket as Gulf Oil Spill Trial Begins

    February 27 2013 11:39 AM

    Everything indicates that BP Plc will have to dive into its pocket to cover all demands related to the Deepwater Horizon oil spill. On the 25th of February, the Gulf oil spill trial finally began.

  • Transocean Settles to Pay $1.4B for Gulf Oil Spill

    January 07 2013 9:41 AM

    Transocean Ltd. agreed to pay as much as $1.4 billion to settle civil and criminal claims over Gulf oil spill in 2010, the U.S. Department of Justice informed on the 3rd of January. The offshore driller also conceded that its team was partly liable for the 2010 Deepwater Horizon accident in the Gulf of Mexico.

  • Housing sentiment picks up

    July 13 2011 12:38 PM

    Confidence in housing picked up by 3.3% with the Index now at its highest level since January 2010, as a result of modest recent falls in house prices improving affordability. The uptick comes as overall consumer sentiment in Australia plummets to its lowest level in two years.

  • Australia to invest heavily in solar power stations

    June 20 2011 3:50 PM

    The Australian government will provide more than three quarters of a billion dollars to help build two of the largest solar power stations in the world.

  • Lupin flour lowers BP and reduces heart disease risk

    June 16 2011 10:45 AM

    We can lower our risk of heart disease significantly, just by using flour containing 40 per cent lupin beans in the place of conventional wholemeal flour, according to research by Victoria University dietitian Dr Regina Belski and colleagues from The University of Western Australia.

  • 20 Minutes to a better body

    May 03 2011 3:26 PM

    In this busy world of hush and rush, women find less time to their health. But note small changes in your lifestyle could add on to give you a better disease free, fit and healthy body.

  • Oil supplier BP to expand Adelaide fuel terminal

    April 14 2011 1:03 PM

    BP, the largest supplier of fuel to Australia’s mining and industrial sector, says it has plans for a $20 million expansion of its Largs North fuel terminal in Adelaide. This will allow the company to continue to grow its business in South Australia and provide customers with even greater security of supply.

  • Australia’s reliable petrol source at risk due to Shell refinery shutdown

    April 13 2011 3:51 PM

    Australia’s access to dependable gasoline source is in threat as its oil refining capacity continues to decline.

  • David Jones posts record high H1 profit

    March 23 2011 2:02 PM

    Upscale retailer David Jones Ltd (ASX: DJS) today reported a record high first half profit after tax (PAT) of $105.7 million for the six months ended 29 January 2011 (1H11). This represents an increase of 5.2 per cent on 1H10 ($100.5 million).

  • BHP Billiton pays out dividends

    March 14 2011 2:05 PM

    Mining giant BHP Billiton Ltd. (ASX: BHP) has announced dividends to be distributed to shareholders amounting to 45.935919 Australian cents.

  • Australian Stock Market - Morning 8/3/2011

    March 08 2011 10:11 AM

    US consumer credit surged by $5.01 billion in January, well ahead of analyst expectations and marked the fourth straight monthly gain.

  • Australia ready to evacuate citizens in Libya

    February 22 2011 8:00 PM

    The federal government is getting ready to evacuate some 80 Australians from Libya as the heightened violence could not be quelled by any peaceful means.

  • Did Kevin Coster 'duped' Stephen Baldwin out of Ocean Therapy Solutions?

    December 24 2010 10:00 PM

    Stephen Baldwin accused Kevin Costner of conning him out of Ocean Therapy Solutions.

  • Beach lifts interest in Impress to above 45 per cent

    December 10 2010 9:56 AM

    Oil and gas explorer Beach Energy Ltd (ASX: BPT) Beach said today it has increased its relevant interest in Impress Energy Ltd (ASX: ITC) to above 45 percent, as a result of continued strong on-market acceptances by Impress shareholders.

  • Beach Energy to merge with Impress

    November 22 2010 3:33 PM

    Oil and gas explorers Beach Energy Ltd (ASX: BP) and Impress Energy Ltd (ASX: ITC) have agreed, subject to shareholder approval, to merge through a Scheme of Arrangement.

  • UBS forecasts mixed results for BHP Billiton September productions

    October 19 2010 10:57 PM

    Brokerage firm UBS advised its clients on Tuesday to expect declining coal and petroleum production for the September quarter from giant resource firm BHP Billiton Ltd but better iron ore and other mineral output for the company as its quarterly results were set to be made public on Wednesday.

  • Global M&As seen improving

    September 23 2010 8:42 PM

    The wave of mergers and acquisitions (M&A) is beginning to improve as the financial reforms have begun to take shape in the last six months.