Snap news
Breaking pre-market news on Monday,- Centrica buys gas assets from Statoil in $1.6bn deal; seen as expensive by analysts – statement.- Phoenix Group considering bid approach...
Regulatory arbitrage with Tony & Nat – redux
More on Tony Hayward’s first big oil deal at his new investment vehicle Vallares– the $2.1bn acquisition, via a reverse takeover, of Turkish E&P company Genel Energy....
Snap news
Breaking pre-market news on Wednesday,- Tony Hayward’s Vallares to buy Genel Energy via $2.1bn reverse takeover — statement.- Dixons Retail says same store sales...
Regulatory arbitrage with Tony & Nat
Looks like ex-BP boss Tony Hayward is about to get seriously rich.Reuters:Tony Hayward, who stepped down as BP boss in the wake of the Gulf of Mexico oil spill, will imminently...
Glencore prepares for take-off
After weeks of speculation (and spin) Glencore has finally published its Intention to Float document.A lot of it is has already found its way into the public domain, but there...
Glencore prepares for take-off
After weeks of speculation (and spin) Glencore has finally published its Intention to Float document.A lot of it is has already found its way into the public domain, but there...
Hayward admits banks stopped lending to BP
A hat tip to our colleagues over at FT Energy Source for bringing this to our attention:It’s a preview of the BBC’s Money Programme special on BP’s ‘$30bn blowout,’...
Bob’s Petroleum
The incoming boss of BP has been striking a confident tone in recent meetings with City analysts, reports FT Alphaville. The message that Bob Dudley has been keen to convey is...
Closing Bell: Official Win, but Mixed Bag (BP, DPZ, X, VLO, RF, RMBS, NBG)
Filed under: BP p.l.c. ADS (BP), U.S. Steel (X), Valero Energy (VLO)This was another day where the real closing verdict of red or black was unknown right up until the closing bell. The day looked very mixed from index to index and sector to sector. Con...
BP’s Hayward to Receive Almost $1 Million Pension
Filed under: Employees, BP p.l.c. ADS (BP), OilBP's (BP) chief executive Tony Hayward will receive an immediate annual pension of £600,000 ($930,000) when he leaves in October. He will also receive one year's salary, plus benefits worth £1 ...
Beware Possibilities (updated)
You’d think, having ditched a chief executive and posted a record loss — and planned $30bn worth of asset sales — a company’s stock couldn’t possibly...
