On Monday, Shares of BP plc (ADR) (NYSE:BP), lost -4.29% to $31.27.
A fire on a Caspian Sea oil rig that killed at least two people continued to burn out of control on Monday, as authorities searched for some 30 workers still missing, Azerbaijan authorities said, according to WSJ
The fire started Friday evening after a natural-gas pipeline was ruptured during a storm that sent waves as high as 30 feet crashing against a rig, authorities said. No information was given about the extent of the pipeline leakage.
Heavy storm conditions prevented some workers from escaping in lifeboats, according to a joint statement from the State Oil Company of the Azerbaijan Republic, or Socar, and the Azeri Ministry of Emergency Situations. One lifeboat broke loose from its fastening and dropped the workers into the Caspian Sea, they said.
Socar and the government said 32 people had been saved, two have died and more than 30 are still missing.
The rig is known as Platform Number 10 of the Guneshli oil field, which is about 60 to 70 miles east of Baku. The fire is thought to have spread to the oil and gas wells of the platform, and 28 wells were shut down to contain the incident, authorities said. WSJ Report
BP p.l.c. operates as an integrated oil and gas company worldwide. It operates in three segments: Upstream, Downstream, and Rosneft. The Upstream segment engages in the oil and natural gas exploration, field development, and production; midstream transportation, and storage and processing; and marketing and trade of natural gas, counting liquefied natural gas (LNG), and power and natural gas liquids (NGL).
Shares of Goldcorp Inc. (USA) (NYSE:GG), declined -4.12% to $12.20, during its last trading session.
GOLDCORP INC. (TSX: G, NYSE: GG) is happy to declare its twelfth monthly dividend payment for 2015 of $0.02 per share. Shareholders of record at the close of business on Thursday, December 17, 2015 will be entitled to receive payment of this dividend on Tuesday, December 29 , 2015.
Goldcorp has paid a monthly dividend to its shareholders since 2003. Canadian resident individuals who receive dividends from Goldcorp after 2005 are entitled to an improved gross-up and dividend tax credit on such dividends.
On the other News report, on December 4, GOLDCORP INC. (TSX: G, NYSE: GG) recently declared that President and Chief Executive Officer Chuck Jeannes will retire following the Company’s Annual General Meeting in April 2016 . David A. Garofalo , presently President and Chief Executive Officer of HudBay Minerals Inc., will succeed Mr. Jeannes as President and Chief Executive Officer and will join Goldcorp’s Board of Directors.
“It has been a tremendous honour to lead Goldcorp over the last seven years as it has matured into one of the world’s leading gold mining companies,” said Mr. Jeannes. “I have had the privilege of working with an exceptional group of leaders as we built the foundations for long-lasting success at Goldcorp, counting two key new mines that will drive strong, low-cost production for many years. I have tremendous respect for David and look forward to working with him, the Board and the administration team over the next few months to ensure a smooth transition.”
Goldcorp Inc. engages in the acquisition, exploration, development, and operation of precious metal properties in Canada, the United States, Mexico, and Central and South America.