Word: bp
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Dates: during 2000-2009
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...January of this year, BP Amoco sold its $1.65 billion stake in PetroChina. The move came on the heels of a four-year campaign by black churches and human rights groups in the U.S. to boycott Amoco stations in protest of BP’s links to Sudan—although BP’s decision to drop the shares was likely made due to economic considerations and not humanitarian concerns...
...people drank beer, ate bratwurst and--for almost five hours--blocked a road into neighboring Austria. Their target: the high price of gasoline in Germany, which, thanks to taxes, is about 20% more expensive than in Austria. Every day an estimated 2,000 German motorists fill up at a BP station across the border in Austria--at the expense of the 17 stations in Passau...
...Obviously at first there was trepidation and anxiety, but people enjoy the variety," says Pat Murphy, a quality assurance engineer who joined Guinness 25 years ago as a carpenter's assistant. To monitor how people adapted, Guinness hired consultant Paul Williams, who has also worked for Microsoft and BP. Two days a week, Williams is free to wander the brewery, posing provocative questions. When a brewer says that he feels loyal to Guinness, for example, Williams asks whether he would still feel loyal if the company cut his salary in half - in order to challenge staff allegiances to that...
...resolution calling on the company to pay $1.5 billion for environmental and health hazards it allegedly caused in the Niger Delta. But with Shell stock at about $7.30 a share in London , or just over 11 times its estimated earnings this year, and other Big Oil stocks such as BP and Exxon Mobil trading closer to 14 times earnings, that suggests: buy. "We can't help but think there is now limited downside risk," said Merrill Lynch analyst Mark Iannotti, while...
...other options besides grabbing chunks of Yukos. But that may only be the first step, a senior Russian cabinet official tells Time. Next, he says, Rosneft may mount a takeover bid against Slavneft. Russia's seventh-largest oil company is now co-owned by YukosSibneft and TNK-BP, a Russian-British holding company. But with Sibneft slowly unwinding its merger with the embattled Yukos, Sechin-led Rosneft may be in the best position to buy Sibneft's stake in Slavneft. "If Sechin can pull it off, and if he sorts it out with BP," Delyagin says, "it will spell...