BP plc (NYSE: BP) makes a deal with Talisman Energy Inc. (NYSE: TLM)

BP plc goes from Colombia

In brief: Talisman Energy Inc. (NYSE: TLM) is gradually increasing its capacity at the background of the problems of BP plc (NYSE: BP) and Exxon Mobil.

BP plc (NYSE: BP) shares totaled 41.33 points, rising to +0.65 points, or 1.60%. The British company British Petroleum agreed to sell its assets in Colombia, which will allow it to receive 1.9 billion dollars needed to pay off the victims as a result of oil spills in the Gulf of Mexico.

Business for exploration, production and transportation of oil and gas in Colombia (BP Exploration Company Limited – BPXC) will get a consortium of Colombian state oil company Ecopetrol (51%) and the Canadian Talisman (49%). Talisman Energy Inc. (NYSE: TLM) shares rose to 17.70 points, gaining +0.11 points, or 0.63%. Regulators must approve the deal by the end of this year. Earlier, on July 27 BP announced plans to sell assets worth up to $ 30 billion over the next 18 months. Already have an agreement for the sale of company assets in the U.S., Canada and Egypt for $ 7 billion. The company also intends to get rid of business in Pakistan and Vietnam, which will receive about 1.7 billion dollars should be noted that up to II quarter of 2010 BP has recorded a record for the UK a net loss of approximately $ 17 billion since been forced to reserve 32 billion dollars to cover the cost of the oil disaster off the coast of the United States.

Igor Tringlers
2010-08-08 13:40, Economics.

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