ISLAMABAD, Nov 25 (Reuters) - Pakistan's biggest listed firm, the Oil and Gas Development Co. Ltd. (OGDCL) , is mulling a joint bid for BP's assets in Pakistan and has a Dec. 6 deadline to make an ...

In the process of collecting cash to pay off the Gulf of Mexico disaster-related costs, BP plc (NYSE:BP) has signed a deal with Hong Kong-based United Energy Group Limited (“UEG”) for the planned ...

KARACHI (Reuters) - Pakistan's central bank cut its key policy rate by a record 250 basis points to 15% on Monday, exceeding expectations, as the country bid to revive a sluggish economy amid a big ...

BP announced on Dec.c 14 that it had entered into an agreement to sell almost all of its exploration and production assets in Pakistan to United Energy Group Limited (UEG). UEG will pay BP a total of ...

BP is poised to sell its exploration and production operations in Pakistan, as well as some Vietnamese assets, as part of a $10 billion fire sale to free up cash to help it meet its liabilities ...

MerchantBridge, a London-based investment bank, has joined forces with BP in the bidding, the Times said. MerchantBridge managing partner Basil al-Rahim was quoted as saying: "Pakistan's economy is ...

Pakistanis walk in the flooded area of Shah Jamal on Wednesday. Photo by Banaras Khan/AFP/Getty Images. The picture of devestation from the floods in Pakistan continues to worsen Wednesday. The ...

KARACHI, July 12 (Reuters) - BP Plc said on Thursday it had withdrawn from a consortium bidding for a 51 percent stake in Pakistan State Oil after a "regular review" of its global refining and ...

LONDON—BP PLC's total asset sales this year rose to almost $22 billion as the company agreed to sell its oil and natural-gas assets in Pakistan to United Energy Group for $775 million in cash. BP will ...