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BOISE (AFP)--BP PLC (BP, BP.LN) came face-to-face Thursday with victims of the Gulf of Mexico oil spill during a first court hearing into the case, which is likely to become one of the nation's biggest civil trials. The hearings in Boise, Idaho, were examining whether lawsuits from some 200 plai
Read moreBy Tennille Tracy Of DOW JONES NEWSWIRES WASHINGTON (Dow Jones)--Sen. Bill Nelson (D., Fla.) is asking the U.S. Senate Finance Committee to investigate a $10 billion tax deduction that BP PLC (BP, BP.LN) is claiming on oil-spill clean-up costs and damages. The request follows the releas
Read moreBy Susan Daker Of DOW JONES NEWSWIRES HOUSTON (Dow Jones)-BP PLC (BP, BP.LN) could accelerate its plan for a "static kill," the federal response commander said Thursday. The "static kill," whereby mud is pumped on top of the well, has been scheduled for Aug. 2, Ret. Coast Guard Adm. Tha
Read moreBy David Benoit Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--While other deepwater oil-field services companies operating in the Gulf of Mexico have expressed caution, Oceaneering International Inc. (OII) reversed course late Wednesday, saying its robotic vehicles and deep-sea services are e
Read more12:24 (Dow Jones) BP's surprisingly strong 2Q revenue, reported earlier this week, combined with plans to sell $30B in assets has turned several analysts bullish. "It doesn't seem to matter BP was responsible for the worst environmental disaster in American history," former labor secretary Robert Re
Read more(Add more deferrals, maintenance, Forties price) By Sherry Su Of DOW JONES NEWSWIRES LONDON (Dow Jones)--More North Sea Forties crude cargoes for August loading were deferred due to unstable production at some fields, traders said Thursday. Cargoes numbered F0802, F0804, F0806, F0808
Read moreBy Jessica Hodgson and James Herron Of DOW JONES NEWSWIRES LONDON (Dow Jones)--BP PLC (BP) has hired HSBC Holdings PLC (HBC) to sell its stake in a natural gas field in Vietnam, a person familiar with the matter said Thursday. BP has said it will sell its Vietnam assets, principally the
Read moreWASHINGTON (AFP)--A U.S. senator angrily pressed BP Plc (BP) chief Tony Hayward on Thursday to make time in September to face a congressional probe into the oil giant's alleged role in the Lockerbie bomber's release. Democratic Senator Robert Menendez slammed Hayward's comment to reporters that
Read moreLONDON (Dow Jones)--BP PLC (BP) will shut its Unity Riser platform in the North Sea for six days of planned maintenance starting from Aug. 1, a spokesman said Thursday. This is slightly longer than the previously reported three to four days. The Unity Riser platform is a key part of Forties
Read more(Adds comments from chairman, details, BP asset purchase details) By Rakesh Sharma and Eric Yep Of DOW JONES NEWSWIRES NEW DELHI (Dow Jones)--Oil and Natural Gas Corp. (500312.BY), India's largest oil producer by output, Thursday reported a 24% decline in its quarterly net profit, lagg
Read more(Adds detail, background.) LONDON (Dow Jones)--Royal Dutch Shell PLC (RDSB) said Thursday its flagship deep water field in the Gulf of Mexico, Perdido, has been shut down since April in part because of the U.S. drilling moratorium and will only resume production at a slower-than-expected rate i
Read moreDOW JONES NEWSWIRES A Securities and Exchange Commission informal investigation into unusual trading in the shares of BP PLC (BP, BP.LN) between April 20 and late June, includes shares in Anadarko Petroleum Corp. (APC), CNBC's Kate Kelly reported Thursday, citing a person familiar with the matt
Read moreExpanded crude gather system 4Q will increase available crude 2010 supplies to refinery by 4Q. MIDWEST BP Toledo, OH 155.0 $400 million upgrade 2012 to start 2010. CVR Co
Read moreDOW JONES NEWSWIRES The following table lists unplanned and planned production outages at U.S. refineries as reported by Dow Jones Newswires. The information is compiled from both official and unofficial refining sources and doesn't purport to be a comprehensive list. A fire Wednesday shut
Read moreBroker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, markets.eu@dowjones.com Contact us in London. +44-20-7842-9464 Markettalk.eu@dowjones.com 1250 GMT [Dow Jones] There is little logic in BP (BP) selling assets to its Russian joint venture TNK-BP (TNBP.RS), despite r
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