BP Complaints

BP agrees to suspend dividend, shares fluctuate
By BY DAVID KOENIG AP Business Writer BP PLC says it will suspend its dividend for the rest of this year and set up a billion fund to assure victims of the Gulf oil spill that they will be compensated for…
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BP shares rebound after sharp losses
BP shares rallied Friday on bargain-hunting after recent sharp losses, even as a report said the group planned to defer its shareholder dividend amid fallout from the Gulf of Mexico oil spill.
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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.
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BP Dead Pelicans Lafayette Square Make Wetlands

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BP shares slump as Obama tightens screws
BP shares plunged on Thursday as pressure mounted on the oil giant over the Gulf of Mexico oil disaster with a meeting between President Barack Obama and relatives of 11 workers killed on the Deepwater Horizon rig.
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(AFX UK Focus) 2010-06-11 22:37 WRAPUP 9-Britain sticks up for BP amid spill, shares rise
By Keith Weir and Jeffrey Jones
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BP bounces back after shares dive
SHARES in BP have rallied after recent sharp losses, amid reports it plans to defer dividends as it battles the Gulf oil spill.
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GIC may have suffered S0 million loss in BP shares
Singapore’s sovereign wealth fund GIC may have lost as much as S0 million dollars in its investment in British oil giant BP, according to data provided by Bloomberg. As of May 1, GIC owned 200.4 million shares in BP which worth an astonishing US.68 billion dollars. It is not revealed when the shares were purchased and […]
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BP shares bounce back in London trading
Shares in BP PLC opened higher in London on Friday, a day after a sharp drop linked to the company’s difficulties with an oil leak in the Gulf of Mexico was reversed in New York.
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Sinking BP shares ignite trans-Atlantic rift
The Gulf of Mexico oil spill risked turning into a trans-Atlantic diplomatic rift Thursday after U.S. threats to have BP fork out billions more for the disaster caused a precipitous slide in the blue-chip’s stock, hurting retirement savings for millions of Britons.
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BP shares plunge as estimate of leaking oil grows
Investors dumped shares of BP Wednesday, as estimates of the amount of oil flowing from its blown-out well grew, along with concerns about its ability to pay for the spill in the Gulf.
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