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Business & Financial News

KazMunaiGas Exploration Production 1H 2010 Results
8/23/2010 - KazMunaiGas Exploration Production ("KMG EP" or "the Company") released its condensed consolidated interim financial statements for the six months ended June 30, 2010. ...

BP Reports Nearly $400 Million in Claims Payments
8/23/2010 - BP, which has transitioned its individual and business claims program to the Gulf Coast Claims Facility (GCCF), said today it made claim payments of nearly $400 million during the 16 weeks it managed ...

ERC Gets $2.6B Debt Financing for Refinery Build
8/9/2010 - The Egyptian Refining Company (ERC) announced that it has signed a debt package of US$ 2.6 billion to finance construction of its state-of-the-art US$ 3.7 billion second-stage oil refinery in the Grea...

BP Forms Gulf of Mexico Oil Spill Escrow Trust
8/9/2010 - BP announced that it has established a trust and made a $3 billion initial deposit of the previously-announced $20 billion escrow account to pay legitimate claims arising from the Deepwater Horizon in...

BP Operations in the Eastern Hemisphere
7/17/2010 - Many large Oil companies would consider buying BP’s assets if they are put on sale. BP is setting aside some assets as security while it builds up the $20 billion fund agreed upon with the U.S. to com...

 
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