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Ex-BP Manager Admits Trading On Inside TravelCenters Info

Law 360 M&A

A former BP PLC senior manager has admitted engaging in insider trading over the British oil and gas company's planned $1.3 billion acquisition of TravelCenters of America Inc., according to court records entered Friday.

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Ex-BP Manager Charged With TravelCenters Insider Trading

Law 360 M&A

A former senior manager at BP PLC on Friday became the second person accused by the U.S. Securities and Exchange Commission of engaging in insider trading over the British oil and gas company's $1.3 Department of Justice and the U.S. billion planned acquisition of TravelCenters of America Inc.

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Battleground For Oil Majors: BP Activist Investor Calls For Cut In Green Energy Pledges

Benzinga

based oil major BP plc (NYSE: BP ) was called on by an activist investor to drop its commitments to clean energy production. Bluebell Capital Partners , a London-based hedge fund with a small stake in BP, wrote to Chairman Helge Lund in October in a letter that has only just come to light. hedge fund Engine No.

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Benzinga's Talk Of The Town: Top Social Trending Stories You Need To Know

Benzinga

BP Inks A Deal : Oil giant BP plc (NYSE: BP ) agreed to buy truck stop company TravelCenters of America Inc. That's a decrease of 1,000 from the previous week's revised level, the Department of Labor announced. NASDAQ: TA ) for $86.00 per share in cash, or $1.3

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Ex-BP Exec's Husband Cops To $1.7M Insider Trading

Law 360 M&A

The husband of a former manager at British oil and gas company BP PLC on Thursday pled guilty to securities fraud in Texas federal court and agreed to forfeit the $1.7 million he made with the help of insider trading, the U.S. Department of Justice said Thursday.

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BP Purchases 40% Stake In Green Hydrogen Project In Australia

Benzinga

BP plc (NYSE: BP ) is acquiring the largest stake in a vast solar, wind, and green hydrogen project in Western Australia that will cost more than $30 billion to develop, reported Financial Times. The energy company stated that it has agreed to buy 40.5%

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Lubricants Market to Hit USD 139.12 Billion by 2029 | Increasing Demand for Synthetic Lubricants to Fuel Market Growth

Benzinga

List of Key Lubricants Market Players: Petro China Company Limited ( Beijing, China). Royal Dutch Shell Plc (Hague, Netherlands). BP Plc (London, U.K.). Additionally, the escalating demand for improved lubricants from the industrial sector is predicted to uptick market growth in the forthcoming years.