LA refinery deal leaves renewal as far off as ever for BP
Oil group remains exposed to Gulf of Mexico liabilities, while TNK-BP stake sale is a reminder of how badly its Arctic ambitions have come unstuck
Financial Times
Total faces ultimatum on Kurdistan deal
Total faces ultimatum on Kurdistan deal
Iraq has told oil company it must sell minority stake in Halfaya oilfield unless it cancels acquisition of stakes in Kurdish-controlled licences
Baer seeks scale through Merrill Lynch
Baer seeks scale through Merrill Lynch
Chief executive says deal marks a career-defining opportunity to push ahead in a market where scale is becoming the name of the game
Darty devises turnround with Knight Vinke
Darty devises turnround with Knight Vinke
Electrical retailer, formerly called Kesa, to work with activist investor on strategy, with its chairman leaving early to appease fund
