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By Katy Burne Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Apache Corp. (APA) said Wednesday that it would employ an array of financing tools in its $7 billion acquisition of oil and gas fields from BP PLC (BP, BP.LN), including cash, revolving loans, term loans, stock sales and convertible
Read moreBy Corey Boles and Siobhan Hughes Of DOW JONES NEWSWIRES WASHINGTON (Dow Jones)--A top House Democrat expressed confidence Wednesday that a measure that would effectively ban BP PLC (BP, BP.LN) from winning new offshore oil exploration licenses would be included in a bill the House is expect
Read more(Adds new information in the fifth paragraph.) By Susan Faker Of DOW JONES NEWSWIRES HOUSTON(Dow Jones)--BP PLC (BP, BP.LN) said Wednesday it is waiting for U.S. government approval in order to start an operation that could speed up the permanent sealing of a broken well in the U.S. Gulf
Read moreBy Emily Glazer Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--International companies trading in New York closed lower Wednesday as investors' worries about the economic outlook following comments from U.S. Federal Reserve Chairman Ben Bernanke overshadowed better-than-expected earnings from
Read moreBy Susan Daker Of DOW JONES NEWSWIRES HOUSTON(Dow Jones)--BP PLC (BP, BP.LN) said Wednesday it's waiting on government approval in order to start an operation that could speed up the permanent sealing of a broken well in the U.S. Gulf of Mexico. Meanwhile, the company has received approv
Read more2022 GMT [Dow Jones]--Standard & Poor's credit rating and outlook for Apache Corp. (APA) remains unchanged following the company's announcement that it is buying BP PLC's (BP, BP.LN) assets in North America and Egypt for $7 billion. "We believe that Apache's credit protection measures would remain a
Read moreThe following is a press release from Standard & Poor's: NEW YORK (Standard & Poor's) July 21, 2010--Standard & Poor's Ratings Services said today its ratings and outlook on exploration and production (E&P) company Apache Corp. (A-/Stable/A-2) remain unchanged following Apache's announcement of its
Read moreBy Tennille Tracy Of DOW JONES NEWSWIRES WASHINGTON (Dow Jones)--U.S. lawmakers are taking increased interest in the way BP PLC's $20 billion oil-spill fund is being administered, highlighting the scrutiny likely to follow the fund's process of paying claims to workers and businesses affect
Read moreBy Isabel Ordonez Of DOW JONES NEWSWIRES HOUSTON (Dow Jones)--Apache Corp.'s (APA) $7 billion acquisition of BP PLC (BP) assets in North America and Egypt is seen by analysts as a smart deal that could hit the company's stock in the short term but has the potential to significantly lift its
Read more(Adds comment from BP spokesman, details about Ohio funds and updates BP's stock quote.) DOW JONES NEWSWIRES Public pension funds in New York and Ohio said they hope to be the lead plaintiffs of what could be a class-action lawsuit against BP PLC (BP, BP.LN), whose share price has plummeted
Read more(Updates with National Hurricane Center canceling reconnaissance mission to investigate the weather system.) NEW ORLEANS (AFP)--U.S. officials were Wednesday anxiously eyeing a patch of bad weather building in the Caribbean, just as they approach the end game in efforts to seal for good a blown
Read moreNEW ORLEANS (AFP)--U.S. officials were Wednesday anxiously eyeing a patch of bad weather building in the Caribbean, just as they approach the end game in efforts to seal for good a blown-out well. The weather system, if it strengthens as it heads into the Gulf of Mexico, could delay relief effor
Read moreLONDON (Dow Jones)--A U.K. parliamentary committee said Wednesday it is to launch an inquiry into the implications of the Gulf of Mexico oil spill on deep-water drilling in the U.K. The Energy and Climate Change Committee will question BP PLC (BP) and environmental and industry experts to evalua
Read moreFootsie's advance was pared slightly at the close of trading but shares still finished with strong gains. Mining stocks led the advance as copper inventories continue to contract, with Kazakhmys, Antofagasta, Vedanta and Xstrata at the head of the pack. Sticking with the resource sector, mining a
Read moreBy Christine Buurma Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Federal regulators have approved a pipeline connection between a new liquefied natural-gas import terminal under development in Mississippi and existing pipeline systems that bring gas to eastern U.S. markets. The $59 mill
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