BP Prudhoe Bay Royalty Trust News

BP is launching a news website in hopes of cleaning up the company's reputation and keeping the nation up to date on BP's efforts to clean up the Gulf Coast.

Joseph Harvey and Anja Karin Kannell, most recently of Lighthouse Point, Florida, sought to take advantage of the BP trust fund established after the country's worst environmental disaster in history, officials said.

BP Plc is negotiating with U.S. officials to settle pollution claims over the 2010 Gulf of Mexico oil spill that may leave the company liable for as much as $17.6 billion in fines, a person familiar with the talks said.

By Vladimir Socor The Izmir agreements on the transit of Azerbaijani gas to Europe through Turkish pipelines and the BP-proposed South-East European Pipeline for gas raise some major, as yet unanswered questions.

Robert Dudley, chief executive officer of BP Plc, talks about the decision to raise the company's dividend by 14 percent after fourth-quarter earnings beat analyst estimates on higher crude prices and new exploration projects in Africa and Brazil.

BP Plc won a court order keeping several potentially damaging emails out of a scheduled trial to determine responsibility for the 2010 Gulf of Mexico oil spill.

Two weeks ago I reviewed the wide impact of Morrison v. National Australia Bank in the U.S. federal courts, and the limited prospects for state law workarounds.

British Petroleum just announced they are bouncing back from the disaster in the Gulf back in 2010 that cost them $4.9 billion dollars.

A blowout in April 2010 caused an explosion and fire on the Deepwater Horizon oil rig, contracted to BP, that claimed 11 lives and resulted in the worst offshore oil disaster in U.S. history.

LAC Group , specializing in global information management and recruiting of professional services is pleased to announce a merger with Chase Cost Management , an expense reduction services firm located in New York.

BP , BP.LN) refinery in Whiting, Ind.The larger of two fluid catalytic cracking units, or FCCU, at the 405,000-barrel-a-day refinery returned to service on either late Friday or early Saturday after shutting down, unplanned, on Thursday for repair, a person familiar with operations the plant said Monday.As a result, Chicago's unleaded regular ... (more)

NEW YORK - Big Oil stocks have been stuck in place to start 2012, with big earnings getting a big yawn from investors.

A: They're the two main kinds of retirement plans. Traditional pensions are defined benefit plans, where employees know exactly what they'll receive in retirement.

An environmental watchdog group filed a lawsuit Thursday against the company it blames for an oil spill 11 miles off the coast of Louisiana, claiming oil has been flowing into the Gulf of Mexico for more than seven years with few details about what's being done to stop it.

Manhattan BP Scott Stringer will make a direct populist appeal to city's working class in his State of the Borough address this evening.

Upper East Side City Councilwoman Jessica Lappin has already amassed a war chest of $600,000 for her potential 2013 run for Manhattan Borough President - leaving the door open for suitors eyeing her Council seat.

The latest domino set to drop in the Middle East appears to be Bashar Assad of Syria.

The most irritating thing about the BP nomination for Extremely Loud is that it attracts most of the vitriol which should really be aimed towards War Horse.

Far out-of-the-money call options on BP saw heavier-than-usual activity on Tuesday afternoon, with shares in the oil company trading up 1.3% at $44.70 as of 12:30 p.m. in New York.

BP is hiring a new company to take over beach clean-up in Florida and Alabama and the decision has one local leader outraged.