BP chief executive Bob Dudley wades into Scotland independence debate

BP chief executive Bob Dudley wades into Scotland independence debate American says breakaway would increase his oil company’s costs and he does not want to see Scotland ‘drifting away’.
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Government to end tax scheme as part of energy company crackdown

Government announce plans as chancellor accuses gas and electricity distributors of trying to game the tax systemFresh attempts to crack down on alleged abuse by energy companies were underway last night with the UK government announcing plans to end a £900m “windfall” tax scheme, and a further inquiry into BP over possible fuel price fixing […]
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Petrol price investigation into BP and Shell ‘serious and important’, says Nick Clegg

Deputy prime minister backs European commission in its action against alleged oil market manipulationNick Clegg urged BP and Shell to fully co-operate with the European commission which is investigating them for alleged oil price manipulation, saying the issue was “incredibly serious”.The deputy prime minister highlighted the fact that action was being taken by this particular […]
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BP and Shell raided in European commission price-rigging inquiry

European commission carries out ‘unannounced inspections’ to investigate claims prices were rigged for more than a decadeThe London offices of BP and Shell have been raided by European regulators investigating allegations they have “colluded” to rig oil prices for more than a decade.The European commission said its officers carried out “unannounced inspections” at several oil […]
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BP and Shell raided in oil price-rigging investigation

European commission carries out ‘unannounced inspections’ to investigate claims oil companies colluded to manipulate pricesThe London offices of BP and Shell have been raided by European regulators investigating allegations they have “colluded” to rig oil prices for more than a decade.The European commission said its officers carried out “unannounced inspections” at several oil companies in […]
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BP rebuked over North Sea oil leak

Norway’s oil and gas safety authority blames poor maintenance and serious breaches of regulations for Ula incidentBP has been rebuked by the Norwegian oil and gas safety authority after a leak at one of its major North Sea platforms last year.The watchdog accused BP of poor maintenance and “serious breaches of regulations”. The criticism is […]
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BP asks judge to halt ‘fictitious’ and ‘absurd’ Deepwater oil spill payouts

Oil giant asks New Orleans judge to temporarily halt payouts and says it could be ‘irreparably harmed’ by billions in costsBP launched its promised appeal against “fictitious” and “absurd” oil spill compensation payouts on Friday and asked a judge to temporarily halt those made on a so-called business economic loss basis.In a New Orleans court […]
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US suspends BP contract bids over lack of ‘business integrity’

US Environment Protection Agency suspends UK oil giant from bidding for new US business contractsSymbolic gesture or real threat? It’s hard to tell the seriousness for BP of today’s temporary ban from bidding for US contracts.What we do know is that BP was taken completely by surprise when the US Environmental Protection Agency imposed a […]
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Black Elk Energy oil rig fire: two feared dead, two more missing

Gulf of Mexico operation was not in production at time of incident that also left 11 hospitalisedTwo people are missing, feared dead, after a fire broke out on an oil rig off the coast of Louisiana, the US coast guard said on Friday.Four other workers were seriously injured in the fire on the Black Elk […]
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BP oil concession in Abu Dhabi at risk in political row between UK and UAE

BP’s exclusion from bidding to renew its concession thought to be reprisal for British criticism of crackdown on Islamist groupsOne of BP’s longest-running energy concessions is threatening to become a high-profile victim of tensions between the United Arab Emirates and Britain over criticism of the Middle East state’s crackdown on Islamist extremist groups.BP was first […]
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