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BP Suing over 2010 Gulf Mexico Oil Spill

BP Plc (BP/) and plaintiffs suing over the 2010 Gulf of Mexico oil spill are discussing a $14 billion accord that would be funded with money originally set aside by the company for out-of-court settlements, according to three people familiar with the talks. BP would agree to close down its $20 billion Gulf Coast Claims [...]

Monday, February 27th, 2012

Biodiesel Forecast 2011 Decrease in Europe, 2020 Biodiesel Analysts 66 percent

Biodiesel forecast, European Biodiesel Board is reporting that the European Union biodiesel industry production forecasts are noting a 2011 decrease in output, the first since data has been gathered, down from 2010 figures of 9.57 million tons. The European Biodiesel Board reported that biodiesel generation in Europe in 2010 grew by 5.5 percent over 2009 [...]

Tuesday, October 25th, 2011

Libya Unrest, BP stop Exploration more Oil Companies and Industry Fallout

Oil companies, including Italy’s Eni, Royal Dutch Shell PLC, U.K.-based BP and Germany’s Wintershall, a subsidiary of BASF, were evacuating their expat workers or their families or both. BP and Wintershall said they were temporarily suspending operations; Eni said production continued normally. Libya is one of the world’s biggest oil producers and has the largest [...]

Monday, February 21st, 2011