BHP takes oil option out of takeover bog Sydney Morning Herald Drilling operations have been on hold since the environmental calamity in the Gulf of Mexico last year when BP's leased Deepwater Horizon platform exploded, killing 11 people and unleashing a catastrophic oil spill on the Louisiana wetlands and the … US approves BHP's deep-water Gulf of Mexico exploration planThe Australian BOEMRE announces the approval of an Initial Exploration PlanKATC Lafayette News BHP deepwater exploration plan OKed for U.S. gulfMarketWatch Daily Nexus –Sky News Australia –Calgary Herald all 73 news articles »
BP shares jump as analysts weigh takeover scenario
Shares in BP PLC are up more than 9 percent in London, a day after an industry analyst stirred talk of a possible takeover of the British oil company. Read more on FOX 12 Idaho
BP has lost about 35 per cent of its share value, around bn, since its Deepwater Horizon well blew up in the Gulf of Mexico, causing a massive oil spill. A criminal investigation has been launched into the cause of April’s accident and the British energy giant’s plunging share price could make it a takeover target for one of its rivals. Jonah Hull reports from London. Video Rating: 0 / 5
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