World & Nation
The British government said Tuesday that it would relinquish its “golden share” in Britoil PLC, removing a major roadblock to British Petroleum Co.
Feb. 24, 1988
Business
Energy Plant Financing: Mission Energy Co. announced Wednesday that it has obtained financing worth $108.76 million from Barclay’s Bank PLC in London for a cogeneration project south of Perth, Australia.
March 23, 1995
British Petroleum Co.
Sept. 14, 1989
On its second try, Atlantic Richfield appeared Wednesday to have finally taken control of a British oil company.
Feb. 4, 1988
Fresh from a takeover fight for Britoil PLC, Atlantic Richfield Co. said Thursday that it has bought a 14.9% stake in Tricentrol PLC, another British oil company that is the target of a hostile suitor.
Jan. 29, 1988
Mission Energy Co. said Monday it has purchased First Hydro Co., a hydroelectric pump storage facility near Deeside, Wales, boosting the company’s foreign-owned power plant holdings to 28.
Dec. 19, 1995
New Zealand said it would sell its majority stake in the country’s leading energy group to British Gas PLC for about $525 million and use the money to help repay foreign debt.
Feb. 16, 1988
BP plans to cut 10,000 jobs as the coronavirus pandemic accelerates the company’s move to slim down for the energy transition.
June 8, 2020
Atlantic Richfield Co. of Los Angeles butted heads with giant British Petroleum PLC on Friday after launching a rival bid for nearly 50% of Britoil PLC--another major British energy company.
Dec. 12, 1987
British conglomerate Hanson PLC said today its U.S. arm was buying a 45% stake in Peabody Holding Co.
Feb. 15, 1990