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BP to sell $7.06 billion in Argentina assets to help cover gulf oil spill costs

Yazan: Ali Shakhtur | 29 November 2010 | 1 Comment
Categories: Comercio Internacional, Energia, English

BP has agreed to sell its share of an Argentina-based oil and gas company for $7.06 billion in cash, bringing to about $21 billion its total sales of assets to help cover costs stemming from the Gulf of Mexico oil spill.

BP bosses meet to decide huge sell-off: £9.5bn of assets could help pay bill for Gulf oil disaster

Yazan: Ali Shakhtur | 18 July 2010 | No Comments
Categories: Comercio Internacional, Energia, English

The embattled board of BP will meet this week to decide the first in a series of massive sell-offs to help pay for the expected £45 billion bill for the oil giant’s Gulf of Mexico spill.

Responsible drilling is impossible, an opinion…

Yazan: Ali Shakhtur | 31 May 2010 | No Comments
Categories: Comercio Internacional, Energia, English

U.S. President Barack Obama has said that “domestic oil production is an important part of our overall strategy for energy security, but I’ve always said it must be done responsibly for the safety of our workers and our environment.”But that’s just it, we cannot protect our environment when we are extracting oil 1,500 metres underwater. [...]

NY Times: For BP, a History of Spills and Safety Lapses

Yazan: Ali Shakhtur | 14 May 2010 | No Comments
Categories: Comercio Internacional, Energia, English

After BP’s Texas City, Tex., refinery blew up in 2005, killing 15 workers, the company vowed to address the safety shortfalls that caused the blast. The next year, when a badly maintained oil pipeline ruptured and spilled 200,000 gallons of crude oil over Alaska’s North Slope, the oil giant once again promised to clean up [...]

BP to pay $7 billion for Devon exploration rights

Yazan: Ali Shakhtur | 13 March 2010 | 1 Comment
Categories: Comercio Internacional, Energia, English

BP is expanding its dominant oil and gas operations in the Gulf Mexico and dropping anchor off Brazil with a $7 billion deal to buy exploration rights from Devon Energy.