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BP sends almost three million barrels of US oil to Asia

SINGAPORE: Oil major BP (BP.L) is shipping almost three million barrels of US crude to customers across Asia, pioneering a lengthy and complex operation likely to become more popular after OPEC last week announced deep production cuts. BP's efforts, involving one of the world's longest sea routes, seven tankers and a series of ship-to-ship transfers, underscore a desire among oil traders to develop new routes to sell swelling supplies of cheap US shale oil to Asia, the world's biggest consumer region. While exports of…

BP decries Deepwater Horizon film as inaccurate

LONDON: BP has criticised the new "Deepwater Horizon" film as being an inaccurate Hollywood dramatisation of the deadly oil rig disaster in the Gulf of Mexico in 2010. "The Deepwater Horizon movie is Hollywood's take on a tragic and complex accident. It is not an accurate portrayal of the events that led to the accident, our people, or the character of our company," Geoff Morrell, BP senior vice-president of U.S. communications and external affairs, said in a statement on the British oil and gas company's website.…