Daily Telegraph: For conspiracy theorists, this has always been the end game. A catastrophic oil spill. A political pummelling from President Barack Obama. And then, when BP is suitably softened up, a swoop from Exxon with a �100bn bid, providing an American solution to a very British problem. …any move by an American predator for [...]
Posts on ‘July 12th, 2010’
Exxon given the nod for �100bn BP takeover
By Daily Mail Reporter Last updated at 8:43 AM on 12th July 2010 Takeover plans: Oil giant Exxon have been given the nod by Washington to mount a �100billion bid for BP Oil giant Exxon has been given clearance by Washington to mount a �100billion bid for BP as the embattled British company undertakes a [...]
BP builds defence in takeover threat
Daily Telegraph: Speculation grows that ExxonMobil sought White House clearance to bid for rival oil giant. By Helia Ebrahimi Published: 7:29AM BST 12 Jul 2010 BP is gearing up to unveil a $40bn (�26.5bn) defence strategy in the teeth of growing speculation that US predators have been given the green light by Washington to swoop [...]
Government washes its hands of BP takeover
Monday, 12 July 2010 By James Moore, Deputy Business Editor BP will not be able to rely on support from the British Government if it is the target of a takeover bid, it emerged yesterday, as rivals considered whether to take a tilt at the embattled oil company. A spokesman for the Department for Business, [...]
Motiva Shutting Part of Port Arthur Refinery for Repairs to Gasoline Unit
By Timothy Coulter – Jul 11, 2010 Motiva Enterprises LLC is curtailing operations at its Port Arthur, Texas, refinery, because of a leak tied to part of the main gasoline producing unit. The waste heat boiler at the fluid catalytic cracking unit sprung a leak, the company said in a filing with the Texas Commission [...]
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