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Independent voices from the The Washington Times Communities
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Scuffles between protesters and security guards marred BP's first annual shareholder meeting since the Gulf oil spill, with shrimpers blocked from entering Thursday's meeting to demand more compensation.
BP PLC said Tuesday it is resuming dividend payouts for the first time since the Gulf of Mexico well disaster and announced plans to sell off almost half of its U.S. refinery business, including the Texas City facility where 15 workers died in a massive explosion in 2005.
One hundred days after the rig explosion that set off the worst offshore oil spill in U.S. history, the oil giant behind it is hoping to move beyond the losses, the gaffes and the live video that ran for weeks of the busted well coughing up massive amounts of crude every second.
MOSCOW (AP) — BP PLC said yesterday it has agreed to sell its stake in a giant Siberian gas field project to state-controlled gas monopoly OAO Gazprom — a widely expected move that comes as the Kremlin tightens its hold on the world's biggest oil and gas industry.