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Questions about BP

Short answers, pulled from the story.

When did British geologists discover oil at Masjed Soleyman in Persia?

British geologists discovered a large amount of oil at Masjed Soleyman in May 1908. This discovery occurred within the Khuzestan Province in the southwest of Persia and changed the history of the entire region.

What happened during the Deepwater Horizon oil spill on April 20 2010?

The Deepwater Horizon oil spill leaked about 4.9 million barrels of oil into marine waters on the 20th of April 2010. The incident cost BP more than $65 billion including fines and penalties exceeding $18.7 billion under Clean Water Act.

Who became chief executive officer of BP after Tony Hayward resigned in 2007?

Tony Hayward was replaced by Bob Dudley as CEO serving from October 2010 to February 2020. Bernard Looney succeeded Bob Dudley as chief executive on the 5th of February 2020.

How much did BP pay for the acquisition of Archaea Energy Inc in 2022?

BP announced acquiring Archaea Energy Inc renewable natural gas producer for $4.1 billion in October 2022. The company completed the acquisition of Archaea Energy Inc for $3.3 billion in December 2022.

When did the British government acquire a controlling interest in Anglo-Persian Oil Company?

The British government acquired a controlling interest of 50.0025% in the company in 1914. Winston Churchill urged this move while serving as First Lord of the Admiralty.