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THE long-running saga of BP's troubled Russian joint venture moved closer to a conclusion last night as it held talks on a deal with state-owned oil giant Rosneft. Igor Sechin, chief executive of Rosneft, flew in to London for discussions on buying out BP's 50 per cent stake in TNK-BP in a deal that could be worth as much as £17.5billion for the FTSE 100 group. In what insiders described as "a fast-moving situation" and "a game of brinkmanship" Rosneft also looked poised to buy the remaining stake held by BP's partner, the AAR consortium controlled by a group of Russian billionaires. After years of friction between the two sides, both BP and AAR this year signalled they could sell out of the partnership or seek full control. In a dramatic move last night AAR pulled out of the bidding to buy BP's stake just hours before today's deadline. That paves the way for Rosneft to buy out both BP and AAR to gain control of the highly profitable TNK-BP business and create the world's largest oil company. BP has made it clear that it retains ambitions to remain in Russia and to expand in the Arctic As part of the deal BP is expected to take a 10 per cent stake in the enlarged Russian business, giving it access to one of the world's most important oil-producing countries. AAR sources said the tycoons had decided not to bid because they had been unable to raise sufficient finance in time and BP had signalled it was not interested in their offer. Another major problem for AAR is that Rosneft had already secured backing from a number of key banks who were unable to work with a rival bidder. An alliance between the oligarchs and the Kremlin-backed company has always been seen as unlikely and AAR made it clear that it would seek to sell its holding if Rosneft came on board. Although TNK-BP has been very lucrative, generating £23billion in dividends after an initial investment of £5billion each in 2003, the two partners have always had a stormy relationship. In 2008 Bob Dudley, th

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"THE long-running saga of BP's troubled Russian joint venture moved closer to a conclusion last night as it held talks on a deal with state-owned oil giant Rosneft. Igor Sechin, chief executive of Rosneft, flew in to London for discussions on buying out BP's 50 per cent stake in TNK-BP in a deal that could be worth as much as £17.5billion for the FTSE 100 group. In what insiders described as "a fast-moving situation" and "a game of brinkmanship" Rosneft also looked poised to buy the remaining stake held by BP's partner, the AAR consortium controlled by a group of Russian billionaires. After years of friction between the two sides, both BP and AAR this year signalled they could sell out of the partnership or seek full control. In a dramatic move last night AAR pulled out of the bidding to buy BP's stake just hours before today's deadline. That paves the way for Rosneft to buy out both BP and AAR to gain control of the highly profitable TNK-BP business and create the world's largest oil company. BP has made it clear that it retains ambitions to remain in Russia and to expand in the Arctic As part of the deal BP is expected to take a 10 per cent stake in the enlarged Russian business, giving it access to one of the world's most important oil-producing countries. AAR sources said the tycoons had decided not to bid because they had been unable to raise sufficient finance in time and BP had signalled it was not interested in their offer. Another major problem for AAR is that Rosneft had already secured backing from a number of key banks who were unable to work with a rival bidder. An alliance between the oligarchs and the Kremlin-backed company has always been seen as unlikely and AAR made it clear that it would seek to sell its holding if Rosneft came on board. SEARCH CITY & BUSINESS for: Although TNK-BP has been very lucrative, generating £23billion in dividends after an initial investment of £5billion each in 2003, the two partners have always had a sto

BP America, Inc. announced today it will donate $1 million to support disaster relief efforts in Louisiana and Mississippi following Hurricane Isaac. The donation will be made to the American Red Cross and The Salvation Army and divided equally between the two hardest-hit states. "This assistance cannot fix all that has been broken by this natural disaster, but we hope it can help some of those in need today and contribute to a sustained recovery effort in the months ahead," said Crystal E. Ashby, Executive Vice President of Government and Public Affairs for BP America. The storm forced BP to evacuate workers from offshore platforms and drilling rigs in the Gulf of Mexico, as well as from onshore facilities in south Louisiana and Mississippi, where hundreds of BP employees live. Separate from this donation, BP is also providing assistance to our employees and their families in the region. Read Full Article http://bpspainholdings.wordpress.com

http://clipboard.com/clip/LQWVpDK9QHBxGDESJvlgfsY59i03XRuLoa1e Van het aanpakken van operationele problemen op een offshore platform tot het verkennen van een regenwoud en redden van jonge schildpadden, woonde BP's ' Ultimate Field Trip' tot aan de facturering voor drie studenten van Schotland's Strathclyde University De drie, Guy Driori, 29, Ed Kay, 27, en Simonas Stilius, 20, bracht zes weken met BP upstream teams in de Golf van Mexico en Trinidad & Tobago als hun prijs voor het winnen van de competitie van de ultieme Field Trip 2012. Hun plan voor een CO2-neutrale raffinaderij won de eerste prijs in een sterk veld van universitair nieuwkomers. Hun stages begon met een vlucht naar Houston en offshore safety training voordat hij het offshore team bij het Na Kika platform. Zodra de offshore was hun opdracht om te komen met opties voor het opslaan van de extra corrosie-inhibitoren die nodig zijn voor de nieuwe Galapagos operatie, die ' terug gebonden is' om Na Kika. In Trinidad & Tobago, zij bijgedragen aan de geplande opwaardering van de Beachfield faciliteit waar gas van BP's activiteiten aan de wal komt, BP personeel helpen onderzoeken van de beste manieren om de overtollige gas vent en testen van de integriteit van pijpen en kleppen. Op beide locaties ook tijd doorgebracht met de onshore ondersteuningsteams en geleerd over BP manieren van werken. Man zei: "het was een geweldige kans om te zien de dingen die we in de klas bestuderen. U leest over dit soort operaties in schoolboeken, maar er is niets zoals het eigenlijk werkt op de sites te bouwen bewustwording van wat een bedrijf als BP doet." Ed, uit Yorkshire, Verenigd Koninkrijk, werkt voor een Masters degree in scheepsbouwkunde en Marine Engineering; Guy, uit Israël, bestudeert Naval architectuur en Engineering Oceaan; terwijl sprong, oorspronkelijk uit Litouwen en nu woonachtig in Schotland, werkt voor een graad in Aeromechanical Engineering - en nu ze een jaar in Singapore. Ed toegevoegd:

http://www.bp.com/extendedsectiongenericarticle.do?categoryId=9044263&contentId=7077294 Immediately after the Deepwater Horizon accident in the Gulf of Mexico, BP asked its most senior safety professional, Mark Bly, to lead an investigation relating to the causes of the incident and make recommendations to help prevent such accidents from occurring. The investigation led to 26 recommendations for reducing risk in BP's drilling operations. Since the report's publication in 2010, BP has made a significant progress in implementing those 26 recommendations. BP Magazine finds out more In September 2010, four months after the Deepwater Horizon accident in the Gulf of Mexico, BP released its Deepwater Horizon Accident Investigation Report, known as the Bly Report, concluding that the accident resulted from a complex, interlinked series of failures involving multiple parties. The report was the work of an investigation team led by BP's head of safety and operations, Mark Bly, and consisted of more than 50 technical and other specialists, drawn not only from BP but also the wider energy industry. The team made 26 recommendations specific to drilling, aimed at further reducing risk. Accepting all of these recommendations, BP committed to their implementation across its worldwide drilling operations and the recommendations are now in the process of being implemented into the well designs by engineers and operations personnel. That implementation is overseen by the global wells organisation (GWO), established by BP in April 2011 to facilitate a stronger, centralised and standardised approach to all BP-operated wells activity. "Our mission is to deliver safe, compliant and reliable wells for BP," says Richard Lynch, head of GWO. "We have to be very clear about the work we are doing and the risks involved, and have plans in place to manage those risks. "Successfully delivering the report's recommendations will standardise the way we work, and give us the base

http://www.slideshare.net/samuelelm/bp-holdings-oil-spill-news-update-22495088 Dear EarthTalk: The three-year anniversary of the 2010 BP oil spill just passed. What do green groups think of the progress since in restoring the region? --Mary Johannson, New York, N.Y. When an undersea oil well blew out 50 miles off the Louisiana coast on April 20, 2010, and caused an explosion on the Deep water Horizon drilling rig above it (killing 11 workers), no one knew that an even bigger disaster was yet to come. Over the next three months, 4.9 million gallons of crude poured into the water before BP could get the wellhead capped to stop the flow of oil into the Gulf of Mexico. According to BP, which has already spent $14 billion on clean-up and restoration, the Gulf is returning to baseline conditions prior to the disaster. "No company has done more, faster to respond to an industrial accident than BP did in response to the Deepwater Horizon accident in 2010," the company reported. But not everybody sees the situation that way. Many environmentalists are concerned that, while BP has done a thorough job removing visible oil from the water column and surface, little has been done to repair damage to marine life and ecosystems. Related post: https://foursquare.com/v/bp-holdings-barcelona--madrid-spain/50532a6bd86cf18ca71817d6 http://archive.org/details/BpHoldings10TopTipsToBeatTheScammersBpHoldings http://syosset.patch.com/groups/bp-spain-holdings/p/combating-tax-fraud-bp-holdingsredgage Related Videos: http://www.behance.net/gallery/BP-Holdings-Oil-Spill-News-Update/9134075 http://www.youtube.com/watch?v=5ODnHf-8tZY&feature=youtu.be

http://www.bp.com/sectiongenericarticle.do?categoryId=9044922&contentId=7077689 Van het aanpakken van operationele problemen op een offshore platform tot het verkennen van een regenwoud en redden van jonge schildpadden, woonde BP's ' Ultimate Field Trip' tot aan de facturering voor drie studenten van Schotland's Strathclyde University De drie, Guy Driori, 29, Ed Kay, 27, en Simonas Stilius, 20, bracht zes weken met BP upstream teams in de Golf van Mexico en Trinidad & Tobago als hun prijs voor het winnen van de competitie van de ultieme Field Trip 2012. Hun plan voor een CO2-neutrale raffinaderij won de eerste prijs in een sterk veld van universitair nieuwkomers. Hun stages begon met een vlucht naar Houston en offshore safety training voordat hij het offshore team bij het Na Kika platform. Zodra de offshore was hun opdracht om te komen met opties voor het opslaan van de extra corrosie-inhibitoren die nodig zijn voor de nieuwe Galapagos operatie, die ' terug gebonden is' om Na Kika. In Trinidad & Tobago, zij bijgedragen aan de geplande opwaardering van de Beachfield faciliteit waar gas van BP's activiteiten aan de wal komt, BP personeel helpen onderzoeken van de beste manieren om de overtollige gas vent en testen van de integriteit van pijpen en kleppen. Op beide locaties ook tijd doorgebracht met de onshore ondersteuningsteams en geleerd over BP manieren van werken. Man zei: "het was een geweldige kans om te zien de dingen die we in de klas bestuderen. U leest over dit soort operaties in schoolboeken, maar er is niets zoals het eigenlijk werkt op de sites te bouwen bewustwording van wat een bedrijf als BP doet." Ed, uit Yorkshire, Verenigd Koninkrijk, werkt voor een Masters degree in scheepsbouwkunde en Marine Engineering; Guy, uit Israël, bestudeert Naval architectuur en Engineering Oceaan; terwijl sprong, oorspronkelijk uit Litouwen en nu woonachtig in Schotland, werkt voor een graad in Aeromechanical Engineering - en nu ze een jaar in Singapore.

bp holdings press releases and news articles De tre, Guy Driori, 29, Ed Kay, 27, och Simonas Stilius, 20, tillbringade sex veckor med BP uppströms lag i Mexikanska golfen och Trinidad & Tobago som deras pris för att vinna tävlingen 2012 Ultimate studieresa. Deras plan för en kol-neutrala raffinaderiet vann första pris i en stark fältet universitetsbaserad aktörer. Deras praktik började med ett flyg till Houston och offshore säkerhetsutbildning före offshore laget vid Na Kika plattformen. Deras uppdrag var att komma med alternativ för lagring av de extra korrosionsskyddsmedel som behövs för den nya Galápagos verksamhet, som är "tillbaka" till Na Kika när offshore. I Trinidad & Tobago, de bidragit till den planerade uppgraderingen av Beachfield anläggningen där gas från BP: s verksamhet kommer iland, hjälpa BP personal undersöka de bästa sätten att vent överskjutande gas och testa integriteten för rör och ventiler. På båda platserna även tillbringat tid med de onshore supportteam och lärde sig om BP: s sätt att arbeta. Killen sa: "det var ett utmärkt tillfälle att se de saker som vi studerar i klassen. Du läsa om dessa typer av transaktioner i läroböcker men finns det något som faktiskt arbetar vid platserna som att skapa medvetenhet om vad ett företag som BP gör." Ed, från Yorkshire, Storbritannien, arbetar för en magisterexamen i Naval Architecture och Marine Engineering, Guy, Israel, studerar Naval Architecture och Engineering oceanen; medan Simonas, ursprungligen arbetar från Litauen och nu bor i Skottland, för en examen i Aeromechanical Engineering - och nu tillbringade ett år i Singapore. Ed läggas till: "det var också intressant att se BP: s säkerhetskultur på arbetsplatsen. bp holdings press releases and news articles

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THE long-running saga of BP's troubled Russian joint venture moved closer to a conclusion last night as it held talks on a deal with state-owned oil giant Rosneft. Igor Sechin, chief executive of Rosneft, flew in to London for discussions on buying out BP's 50 per cent stake in TNK-BP in a deal that could be worth as much as £17.5billion for the FTSE 100 group. In what insiders described as "a fast-moving situation" and "a game of brinkmanship" Rosneft also looked poised to buy the remaining stake held by BP's partner, the AAR consortium controlled by a group of Russian billionaires. After years of friction between the two sides, both BP and AAR this year signalled they could sell out of the partnership or seek full control. In a dramatic move last night AAR pulled out of the bidding to buy BP's stake just hours before today's deadline. That paves the way for Rosneft to buy out both BP and AAR to gain control of the highly profitable TNK-BP business and create the world's largest oil company. BP has made it clear that it retains ambitions to remain in Russia and to expand in the Arctic As part of the deal BP is expected to take a 10 per cent stake in the enlarged Russian business, giving it access to one of the world's most important oil-producing countries. AAR sources said the tycoons had decided not to bid because they had been unable to raise sufficient finance in time and BP had signalled it was not interested in their offer. Another major problem for AAR is that Rosneft had already secured backing from a number of key banks who were unable to work with a rival bidder. An alliance between the oligarchs and the Kremlin-backed company has always been seen as unlikely and AAR made it clear that it would seek to sell its holding if Rosneft came on board. Although TNK-BP has been very lucrative, generating £23billion in dividends after an initial investment of £5billion each in 2003, the two partners have always had a stormy relationship. In 2008 Bob Dudley, th

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Justice Department attorneys rested their case Wednesday in the federal civil trial of BP and Anadarko Petroleum Corp., as the firms and the government continued to argue over how much oil was released into the Gulf of Mexico in the 87 days following the April 20, 2010, blowout of BP's Macondo well. Justice attorneys finished questioning experts who support the government's contention that the oil spill resulted in the release of at least 4.2 million barrels of oil into Gulf. BP and Anadarko have maintained that only 2.45 million barrels of oil were released, and are set to begin making their case Thursday. U.S. District Judge Carl Barbier is presiding over the trial without a jury, listening attentively and interrupting at times with his own questions about the often mind-numbing testimony describing the physics and mathematical equations that experts from both sides have used to estimate the flow of oil. BP's estimate would result in maximum fines of $2.7 billion, billion, if Barbier decides the company and its drilling partners acted with simple negligence, or $10.5 billion if the companies committed gross negligence in their actions during the drilling of the well and in stemming the flow of oil after the blowout. If the government's estimates are adopted, the maximum fines for simple negligence could rise to $4.6 billion, or $18 billion for gross negligence. Testimony so far, and the questioning of the government witnesses by BP attorneys, indicated Barbier will be relying largely on educated guesses in determining how much oil was released. Mohan Kelkar, a petroleum engineering professor at the University of Tulsa, in Oklahoma, testified that Kelkar concluded that between 4.5 million and 5.5 million barrels of oil were spilled by the time the well was finally shut down on July 15, 2010. Kelkar used information about the physical size of the Macondo oil reservoir, BP's pre-drilling estimates of the amount of oil in the reservoir, and pressure readings in

Justice Department attorneys rested their case Wednesday in the federal civil trial of BP and Anadarko Petroleum Corp., as the firms and the government continued to argue over how much oil was released into the Gulf of Mexico in the 87 days following the April 20, 2010, blowout of BP's Macondo well. Justice attorneys finished questioning experts who support the government's contention that the oil spill resulted in the release of at least 4.2 million barrels of oil into Gulf. BP and Anadarko have maintained that only 2.45 million barrels of oil were released, and are set to begin making their case Thursday. U.S. District Judge Carl Barbier is presiding over the trial without a jury, listening attentively and interrupting at times with his own questions about the often mind-numbing testimony describing the physics and mathematical equations that experts from both sides have used to estimate the flow of oil. BP's estimate would result in maximum fines of $2.7 billion, billion, if Barbier decides the company and its drilling partners acted with simple negligence, or $10.5 billion if the companies committed gross negligence in their actions during the drilling of the well and in stemming the flow of oil after the blowout. Details: https://www.goodreads.com/topic/show/1530229-second-phase-of-bp-oil-spill-trial Related Articles: http://www.bpholdingsmngt.de/

bp holdings article code 85258080768, Feeding Frenzy fraud watch In the months after the Deepwater Horizon oil rig exploded 300 miles off Florida's coast in April 2010, hotel and restaurant owners, fishermen and shopkeepers kept a grim vigil, waiting to see whether the millions of gallons of spilled oil would taint the state's beaches and harm its seafood. From a distance, thousands of others watched too, the Canadian, European and American tourists and business travelers who had hoped to rent the Tampa Bay, Sarasota or Naples hotel rooms, dine at the restaurants, shop at the stores, and meet in the conference halls along the Gulf of Mexico. Instead, many traveled elsewhere. Although no flocks of oil-soaked pelicans washed up on Florida's shores, and the 200 million spilled gallons did not blacken beaches as so many feared, the coastal communities and their businesses were nonetheless damaged by the BP oil spill, through economic losses - the visitors who never came. That is the contention of cities and counties, and thousands of business owners whose revenues fell in the months following the disaster. A number of Florida resorts and other businesses that sought early compensation for their losses - the plunge in expected revenue - found their requests denied, although London-based BP had set up a $20 billion fund for victims. But the firms couldn't prove their revenue declines were related to the spill. In December, U.S. District Judge Carl Barbier in New Orleans gave final approval to a $7.8 billion partial class-action settlement providing for economic and property damages from the spill, including those in Florida. BP separately agreed to pay $4.5 billion in penalties and pleaded guilty to felony misconduct in the disaster, which cost 11 lives. Barbier now is presiding over a trial to determine whether BP was grossly negligent, with another $17 billion in potential penalties at stake. A new, streamlined process recognizes losses farther from the ex