BP PLC

Rosneft (ROSN.MM) is set to take on Gazprom (GAZP.MM) when Russia puts the Kovykta gas field on the block on Tuesday as the country's top crude producer aims to muscle in on the gas export monopoly's plans to supply China.

BP said on Friday it would shut its Plutonio oilfield in Angola for maintenance work in April and expected the stream to return to production in May.

A recent expedition to the bottom of the Gulf of Mexico found that last summer's oil spill will likely affect the region for several more years.

BP plc (NYSE: BP) has announced that it is suspending its drilling activities in Libya due to the rising tide of political violence in that country and also plans to evacuate non-essential staff and their families.

Kansas-based Westboro Baptist Church (WBC) raised a cudgel against Anonymous, claiming that its website is under threat from the outfit known for taking down sites with Distributed Denial of Service (DDoS) attacks.

BP had workers on the doomed Deepwater Horizon rig who could have prevented the missteps that led to the massive Gulf of Mexico oil spill, but they were not consulted, the White House oil spill commission said on Thursday. In an expanded report on the causes of the BP drilling disaster that killed 11 workers and ravaged the U.S. Gulf coast last summer, the commission released new details about the events that preceded the BP accident.

Hundreds of supporters of Libyan leader Muammar Gaddafi rallied on Thursday but there were reports of unrest in several locations as the opposition called for a day of anti-government protests.

John Paulson, whose firm now oversees roughly $36 billion, again counted SPDR Gold Trust (GLD.P), AngloGold Ashanti (ANGJ.J), Citigroup (C.N) and Bank of America (BAC.N) as his top four holdings.

Russian gas giant Gazprom is the “least respected” public company in the world, as selected by a group of U.S. money managers in a survey conducted by Barron’s magazine.

Once the world’s crude oil reserves finally run out, the best hope for a replacement is ethanol derived from Brazilian sugar-cane, according to Bob Dudley, the chief executive of BP (NYSE: BP).

Government regulations allow entry of foreign players in the solar panel manufacturing market in India only if they set up local facilities in joint ventures with domestic manufacturers.

The price of crude oil - and the consumer products like gasoline and diesel fuel that are made from it - will head higher in the summer months, said John Hofmeister, former CEO of Shell Oil.

BP, which announced it would pay dividends on its stock this morning, won't be able to this month due to a move by the Alfa-Access-Renova consortium

BP, despite its announcement to pay a dividend once again, has seen its shares drop in early morning trading.

The companies whose shares are moving in pre-market trade on Tuesday are: Lexmark International, Archer Daniels Midland, Novellus Systems, Advanced Micro Devices, Monster Worldwide, Eastman Chemical, BP and Ventas.

The companies which are expected to see active trade on Tuesday are: BP, Pfizer, C.H. Robinson, Emerson, United Parcel, McGraw Hill Companies, Lexmark International and Cummins.

An elected parliament convened in Myanmar on Monday for the first time in half a century but inspired scant enthusiasm among a sceptical public convinced it is just a smokescreen for continued military rule.

Donald Verrilli Jr., a former partner at Jenner & Block, has been nominated by President Barack Obama to serve as the Solicitor General of the United States.

British Petroleum (NYSE: BP) is said to be considering spilling cash – not oil – to its public shareholders. Shareholders of the oil giant, which is infamous for being responsible for the oil spill off the Gulf coast region in June, the worst oil spill in history, are calling for the company to pay a dividend once again

Italy's oil and gas major Eni has won an international tender to operate block 35 in deepwater offshore Angola as it pushes to expand on its core African market and boost deepwater development.

Algeria expects oil production to remain steady in 2011, while liquefied natural gas (LNG) supply contracts will be met despite reduced capacity, the head of state-owned energy giant Sonatrach said on Tuesday.