British Petroleum
bp slows transition to renewable energy as oil bonanza continues
Announces further $2.75 bn in share buybacks; annual profit more than doubles to a record $28 bn
 "bp slows transition to renewable energy as oil bonanza continues")
Russia-Ukraine crisis: BP to exit Rosneft stake, may take a $25 bn hit
The surprise move from the British company is the latest sign of how far Western powers are willing to go to punish President Vladimir Putin for his invasion of Ukraine
 "Russia-Ukraine crisis: BP to exit Rosneft stake, may take a $25 bn hit")
BP-Reliance joint venture starts selling multiple fuels in India
BP has 49% stake in the joint venture
 "BP-Reliance joint venture starts selling multiple fuels in India")
Jio-bp to open 2019 joint venture's first petrol pump near Mumbai
The global energy supermajor on Thursday said it is about to open its first 'Jio-bp' branded petrol pump
 "Jio-bp to open 2019 joint venture's first petrol pump near Mumbai")
Reliance, BP to get govt capped price of $4.06 for new gas from KG-D6
Reliance-BP in November 2019 auctioned initial gas from the R-Series field at a biddable percentage of Brent crude oil price
 "Reliance, BP to get govt capped price of $4.06 for new gas from KG-D6")
BP looks to set up global business service centre in Pune, hire 2,000
Centre is expected to start by next Jan; will assume operational ownership of third-party business processes and look to further extend its work with analytics and data science capabilities
 "BP looks to set up global business service centre in Pune, hire 2,000")
World coronavirus dispatch: BP's $17.5 bn write-off, Covid hits China again
Hong Kong Disneyland reopens June 18, top US Fitness chain files for bankruptcy, and other Covid-19 related news from across the globe
 "World coronavirus dispatch: BP's $17.5 bn write-off, Covid hits China again")
Reliance, BP announce JV to set up 5,500 petrol pumps; RIL to hold 51%
Out of the total 6,802 fuel retail outlets run by private sector companies in India, around 20.5 per cent or 1,400 are currently with the RIL
 "Reliance, BP announce JV to set up 5,500 petrol pumps; RIL to hold 51%")
BP sees 5-10% of global earnings from India; bets big on natural gas output
London-based BP's total earnings for 2017 were $6.2 billion, more than double that of a year ago
BP strikes deal for 10% stake in Abu Dhabi's ADCO concession
After almost two years of negotiations to improve terms to help operate the United Arab Emirates' biggest oilfields
 "BP strikes deal for 10% stake in Abu Dhabi's ADCO concession")
US judge approves $20 billion settlement for 2010 BP oil spill
The money is to be paid out over roughly 16 years
BP signals willingness to take back arbitration
RIL, BP and their partner Canada's Niko Resources had in May 2014 filed an arbitration seeking implementation of higher gas prices for the flagging KG-D6 block
 "BP signals willingness to take back arbitration")
