Articles by Andrew Callus



BP to Sell Its Chemical Business

  • 28 April 04
  • Reuters
BP reported a quarterly profit rise toward the top end of expectations on Tuesday and said it would sell half of its chemicals business to focus on more profitable activities.

Yukos Says Sibneft Split Not Final

  • 30 January 04
  • Reuters
Embattled oil firm Yukos said on Thursday its estranged merger partner Sibneft had not provided an acceptable divorce proposal and that the merger was still ""fully in place"".

Rosneft Asks BP to Put $5Bln Into Sakhalin-5

  • 09 January 04
  • Reuters
British oil giant BP is preparing to spend up to an extra $5 billion in Russia's Far East over the next decade to maintain its interest in a key offshore field, industry sources said Tuesday.

Majors Say Go Ahead, Monitor Our Licenses

  • 23 October 03
  • Reuters
Western oil firms named in Russian plans for fresh state scrutiny of drilling licenses said on Wednesday they would cooperate, but that the move should not lead to forced license changes.

BP Reaps $3.7Bln in Q1 Amid War, Strife

  • 30 April 03
  • Reuters
Giant British oil firm BP PLC delivered its biggest ever quarterly profit Tuesday, boosted by high oil prices amid war in Iraq, strikes in Venezuela and unrest in Nigeria.

Shell Posts Top Profit in Europe

  • 07 February 03
  • Reuters
Strong oil prices drove Royal Dutch/Shell Group's fourth-quarter earnings 46 percent higher Thursday and helped the world's second-largest oil company to post the biggest 2002 profit in Europe.

BP Plans 50% Output Hike by 2001

Shell Announces Plans To Up Gas Production

U.S. to Endorse BP's Arco Deal

Oil Prices Strengthen ARCO Takeover Bid

FTC Reveals Concerns Over Arco to BP Amoco

BP, Arco Push Merger Toward Court

BP Amoco Valued at $200Bln

Shareholders Back $29Bln Arco Deal

BP Amoco Plans $10Bln Disposal

BP Post-Merger Profit Drop Is Less Than Expected

BP Amoco Approves ARCO Buyout

Firm Faith in BP Amoco Underpins Plan ARCO