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The US Justice Department and the Commodity Futures Trading Commission filed charges against BP Products North America Inc. (subsidiary of BP plc) and several BP traders, alleging they conspired to raise the price of propane by seeking to corner the propane market in 2004. [484] [485] [486] In 2006, one former trader pleaded guilty. [485]
The S&P 500 is a stock market index maintained by S&P Dow Jones Indices.It comprises 503 common stocks which are issued by 500 large-cap companies traded on American stock exchanges (including the 30 companies that compose the Dow Jones Industrial Average).
Executive Chairman of L1 Energy, Past President of the Royal Academy of Engineering, Author, Member of the House of Lords. Edmund John Phillip Browne, Baron Browne of Madingley, FRS, FREng, FGS [ 1] (born 20 February 1948), is a British businessman. He is best known for his role as the chief executive of the energy company BP between 1995 and 2007.
The following is a round-up of news likely to affect stock prices today: BP Plc (BP) fell the most in 18 years in London, plunging as much as 15% to 420 pence, after abandoning an attempt to plug ...
The results were impacted by weaker gas trading activity after an "exceptional" third quarter, higher refinery maintenance and lower oil and gas prices. But for the year, BP's $27.6 billion profit ...
When the British oil company traded 50% of its Russian subsidiary TNK-BP for $12.5 billion in cash and 19.75% of Rosneft, many market participants said it would have been For BP Plc, a Free Long ...
Murray Michael Auchincloss is a Canadian business executive and the chief executive officer of BP. He was its interim CEO from September 2023 to January 2024. Auchincloss is one of the highest paid executives in the United Kingdom. His 2023 pay packet stood at £8 million ($10 million). [ 1]
BP shares were up 1% at 0845 GMT. The original agreement provided for Hilcorp to pay $4.0 billion near-term and $1.6 billion through an earnout thereafter. Hilcorp paid a $500 million deposit on ...