Posting on Shell Blog by IT4me on Jun 11th, 2010 at 11:27 am IT COST SAVING IDEA #317: STOP FIDDLING WITH THE SUPPLY SIDE. If youre a CIO and youre bored, one of the things you might do is to fiddle with the supply side. Changing all your suppliers overnight makes a nice splash in [...]
Posts on ‘June 11th, 2010’
The British media and commentariat is working itself into a frenzy over President Obama’s attack on BP. The Mayor of London, the patrician Boris Johnson, has said ‘I do think there’s something slightly worrying about the anti-British rhetoric that seems to be permeating from America when you consider the huge exposure of British pension [...]
Analysts believe BP’s crash in value has now made it vulnerable to an approach with PetroChina touted as the most likely bidder. Other would be poachers include Royal Dutch Shell and Exxon Mobil. Both are seen as aggressive and could seize the opportunity to snap-up global oil and gas assets at a knockdown price.
By Ed Crooks Published: June 10 2010 22:15 | Last updated: June 10 2010 22:15 The reason investors have been panicking about BP over the past couple of days is that the US administration has apparently crossed a line in its determination to take action against the company. When Ken Salazar, the interior secretary, said [...]
LONDON British investors in BP are growing increasingly frustrated with the White Houses involvement and comments about the companys efforts to clean up the oil spill in the Gulf of Mexico, and partly blame politicians for the sharp drop in the share price.
Daily Telegraph: The Gulf of Mexico was meant to be America’s the new frontier, where oil companies bankrolled a new black gold-rush. By Rowena Mason Published: 6:00AM BST 11 Jun 2010 The US falls outta love with Big Oil This remote, watery landscape is where BP boasts a fifth of all deepwater platforms, a new [...]
By Sam Fleming Last updated at 11:25 PM on 10th June 2010 The political firestorm surrounding BP led to a roller-coaster ride for the company’s shares on stock exchanges yesterday. Rumours the firm could consider bankruptcy protection vied with speculation it had become a bid target. On Wall Street last night BP’s New York-listed shares [...]