BP - Wikipedia
In November 2012, the U.S. Government temporarily banned BP from bidding any new federal contracts. The ban was conditionally lifted in March 2014. [129] In February 2011, BP formed a partnership with Reliance Industries, taking a 30% stake in a new Indian joint-venture for an initial payment of $7.2 billion. [130]
bp statement supporting Congress passing a bipartisan infrastructure ...
Nov 8, 2021 · This legislation supports the energy transition and can help the US take a major step toward net zero emissions while creating jobs and strengthening the economy. bp shares the US ambition to be net zero by 2050 or sooner, and we are actively advocating for policies that support a low-carbon future.
Exclusive: BP abandons goal to cut oil output, resets strategy
Oct 7, 2024 · BP has abandoned a target to cut oil and gas output by 2030 as CEO Murray Auchincloss scales back the firm's energy transition strategy to regain investor confidence, three sources with knowledge...
BP Exploration and Production Inc. Agrees to Plead Guilty to …
Nov 15, 2012 · BP Exploration and Production Inc. (BP) has agreed to plead guilty to felony manslaughter, environmental crimes and obstruction of Congress and pay a record $4 billion in criminal fines and penalties for its conduct leading to the 2010 Deepwater Horizon disaster that killed 11 people and caused the largest environmental disaster in U.S. history ...
U.S. and Five Gulf States Reach Historic Settlement with BP to …
Oct 5, 2015 · The United States today joins the five Gulf states in announcing a settlement to resolve civil claims against BP arising from the April 20, 2010 Macondo well blowout and the massive oil spill that followed in the Gulf of Mexico. This global settlement resolves the governments’ civil claims under the Clean Water Act and natural resources ...
BP scales back climate targets as profits hit record - BBC
Feb 7, 2023 · Getty Images. Energy giant BP has reported record annual profits as it scaled back plans to reduce the amount of oil and gas it produces by 2030. The company's profits more than doubled to...
bp’s position on revenue transparency. bp supports transparency in the flow of revenue from oil and gas activities to governments. This helps citizens hold public authorities to account for the way they use funds received through taxes and other agreements.
Sustainability | Home - bp
We engage with governments, regulators and legislators on the development of policies that promote a secure, affordable and lower carbon energy system – enabling us to develop our strategy and embed sustainability across bp.
Bharat Petroleum - Wikipedia
Bharat Petroleum Corporation Limited (BPCL) is an Indian public sector oil and gas company, headquartered in Mumbai. It is India's second-largest government-owned downstream oil producer, whose operations are overseen by the Ministry of Petroleum and Natural Gas. It operates three refineries in Bina, Kochi and Mumbai. [4] .
BP PLC | History & Facts | Britannica Money - Encyclopedia Britannica
4 days ago · In 2012 BP agreed to pay more than $4.5 billion in fines and penalties to the U.S. government and to plead guilty to 14 criminal charges. In 2015, as part of a civil trial, it agreed to pay some $20 billion.