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British oil company BP announced Friday night that Russia's state-owned oil firm Rosneft will take 5 percent of BP's ordinary voting shares in a major stock swap. In exchange, Rosneft will give BP about 9.5 percent of its shares, BP said. The deal was...
LONDON (AP) — BP PLC on Wednesday confirmed that Bob Dudley is now in charge of efforts to clean up the damage caused by the Gulf of Mexico oil spill, replacing Chief Executive Tony Hayward, who has been heavily criticized for his handling of the...
Jan 14, 2011 |Story| Herald Mail
Jun 23, 2010 |Story| Petoskey News
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