Search Results for: BP
The accountancy profession in Colombia: ACCA and EAN University in Bogota signed an agreement
August 21st, 2015
ACCA has issued a press release to inform that, a Memorandum of Understanding has been signed between EAN University in Bogota, Colombia, and ACCA (the Association of Chartered Certified Accountants) to develop the accountancy profession in the South American ...
Derivatives markets see oil prices to stay low for years to come
August 20th, 2015
Oil prices will stay low for years to come, derivatives markets say, keeping a lid on inflation and helping boost global growth. Oil has more than halved in value over the last year, thanks to huge oversupply, and many ...
Citigroup’s ‘Bad Bank’ Isn’t So Bad Anymore
August 13th, 2015
Citi Holdings, the ‘bad bank’ Citigroup created to dispose of unwanted assets, has become a surprise success story Citi Holdings was born to be bad. But it is getting better with age. The “bad-bank” unit of Citigroup Inc., Citi Holdings for more ...
Citigroup’s Sale of OneMain to Springleaf Hits Antitrust Obstacle
August 7th, 2015
Springleaf agreed in March to buy OneMain from Citigroup U.S. antitrust authorities have thrown a wrench into Citigroup Inc.’s plan to divest its subprime lending unit. Five months ago, Citigroup said it would sell the business, known as OneMain Financial, to Springleaf ...
UK government sold £2.08 billion of shares in Royal Bank of Scotland
August 5th, 2015
UK government takes first step to Privatizing Royal Bank of Scotland Group The UK bailed out RBS in 2008 and 2009 by buying shares for £45bn and supplying it with cheap funds. It sold its stake at 330p a share, ...
Global Banks report their results
August 4th, 2015
Commerzbank, Deutsche Bank, BNP Paribas, UBS AG, Mitsubishi UFJ Financial Group, Inc. and HSBC issued reports to inform public regarding interim results HSBC Holdings plc HSBC Holdings plc 2015 Interim Results – highlights Financial performance Reported profit before tax ...
Oman boosts oil production to record high in June
August 3rd, 2015
Oman has ramped up its oil production to a record high in June, adding to a global supply glut that has hit oil prices, as the Gulf Arab country compensates for the drop in its oil revenue. June production ...
Iran warns Opec it plans to recapture market share
August 3rd, 2015
Iran’s oil minister warned fellow Opec members that it aims to recapture market share and plans to step up oil output by 1 million barrels per day “within months” of sanctions being lifted, Iran state news organisations reported yesterday. ...
Gas pipeline to go through Greece and Albania to end in Italy
August 3rd, 2015
Technip wins Trans Adriatic Pipeline contract Trans Adriatic Pipeline (TAP) has awarded Technip a project management consultancy (PMC) services contract, for a project designed to transport gas from Shah Deniz field to the European market. The project scope includes ...
Snapshots of the Global Energy
July 29th, 2015
When the BP Statistical Review of World Energy is published each year, I skim through the figures and tables as a way of grounding myself in some basic facts. Here’s are a few things that caught my eye this year. Here’s ...
