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27.05.2013 RIL, BP and NIKO Announce a Significant Gas Condensate Discovery in Deepwater KG D6 Block, Offshore India

Reliance Industries Limited (RIL) and its partners BP and NIKO today announced a significant gas and condensate discovery in the KG D6 block off the eastern coast of India.

23.05.2013 PetroChina to Seek Greater Cooperation With Exxon, BP, Shell

PetroChina Co. (857), the country’s biggest oil and gas producer, will seek to increase cooperation with companies including Exxon Mobil Corp. (XOM), BP Plc (BP/) and Royal Dutch Shell Plc (RDSA) as it looks to add overseas resources, Bloomberg reports.

20.05.2013 Texas Joins Flood of States Suing BP Over 2010 Gulf Spill

Texas has joined the crowd of Gulf of Mexico states to file suit against BP Plc, Halliburton Co and others for their role in one of the worst oil spills in U.S. history, Reuters reports.

16.05.2013 Rosneft CEO To Offer To Partner BP on Barents Sea Blocks - Report

OAO Rosneft (>> Rosneft' NK OAO) will shortly offer Arctic hydrocarbon projects to the U.K.'s BP PLC (>> BP plc), which owns almost 20% of the Russian state oil firm, said Rosneft Chief Executive Igor Sechin Wednesday, according to Prime news agency, Dow Jone

16.05.2013 Commission Probes Big Oil Firms for Possible Price Manipulation

European authorities have raided offices of oil majors Shell, BP and Statoil in an investigation of suspected manipulation of oil prices, one of the biggest cross-border actions since the Libor rigging scandal, Euractiv reports.

16.05.2013 BP Wins Eight Deepwater Exploration Blocks in Brazil Round 11

BP and partners Total, Petrobras and Petrogal were yesterday named winning bidders for eight deepwater blocks offshore Brazil in the Brazilian National Petroleum Agency’s (ANP’s) 11th bid round. BP will be operator in two of the blocks.

16.05.2013 BP Sets Eyes on Deep Australian Waters

British energy company BP said it expects to get consent from the Australian government to look for oil in a frontier area off the southern coast by year's end, UPI reports.

16.05.2013 EU Oil Price Probe Puts Platts in Spotlight

A European investigation into alleged price rigging by major oil companies has drawn attention to leading price agency Platts and the way it sets oil price benchmarks, Reuters reports.

15.05.2013 Shell Targeted With BP in EU Price Fixing Probe for Oil

Three of Europe’s biggest oil explorers are among companies being questioned by European antitrust regulators about potential manipulation of prices in the $3.4 trillion-a-year global crude market, Bloomberg reports.

13.05.2013 China's CNOOC to Pay More for BP Indonesia Gas

China National Offshore Company (CNOOC Ltd) , China's largest offshore oil and gas producer, will increase the price it pays for gas from BP's Tannguh project in Indonesia, the head of Indonesia's energy regulator said on Friday, Reuters reports.