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In 1969, BP entered the United States by acquiring the East Coast refining and marketing assets of Sinclair Oil Corporation. [57] The Canadian holding company of British Petroleum was renamed BP Canada in 1969; and in 1971, it acquired 97.8% stake of Supertest Petroleum .
Also, in the oil production & operations segment, the company anticipates realizations to have an unfavorable impact of $0.2 billion to $0.4 billion due to price lags, particularly in the Gulf of ...
Long before BP became associated with oil-drenched pelicans and Twitter talk of an oilpocalypse, some critics winced at the company's sunburst logo and decade-old green marketing campaign that ...
The British oil giant told employees in a memo Thursday that it would slash around 4,700 jobs this year. The company also said it was cutting 3,000 contractor roles and that 2,600 of those ...
Total revenue of oil and gas companies is listed in billions of U.S. dollars. Total revenue is usually self-reported by the company, and often reported by neutral, unbiased, reliable publications. Reported data may be subsequently revised or restated due to a wide range of issues such as exchange rates, contract settlements, or mid-year ...
The holding company, the British Petroleum Company of Canada Limited, was renamed BP Canada (1969) Limited. The marketing arm, BP Canada Limited, was renamed BP Oil Limited, and BP Refinery Canada Limited was placed under it as a subsidiary. Triad Oil Company, of which BP Canada now had a 65.9 percent stake, was renamed BP Oil and Gas Limited.
BP reported on Tuesday a record profit of $28 billion for 2022 and hiked its dividend, but infuriated climate activists by rowing back on plans to slash oil and gas output and reduce carbon ...
Through the settlement, BP has paid ill workers and coastal residents a tiny fraction — $67 million — of the billions the company has spent on restitution for economic and environmental damage ...