Investors want pay freeze for BP's outgoing CEO
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Two pension funds plan to ask an Alaska state court on Friday to freeze more than $140 million in retirement pay and other compensation for outgoing BP Plc  CEO John Browne, saying it is excessive and undeserved, an attorney for the investors said.
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BP Plc&#39;s Russian venture is likely to  lose its license for the giant Kovykta gas field on Friday,  although Moscow could postpone the tough action until after the  G8 Summit and its landmark economic forum.
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Oil major BP  on Thursday  agreed to pay $373 million to settle U.S. charges stemming from  a deadly Texas refinery explosion, an Alaska oil spill and  allegations it manipulated the propane market.
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Bruce Wasserstein, head of Lazard LLC, is asking partners to take a one-third pay cut as he readies the world&#39;s largest closely held investment bank for a share sale, people familiar with the situation said.
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Oil giant BP sees its latest profits fall 12% after it was hit by lower oil prices and higher safety spending.
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BP chief executive Lord Browne's pay packet shrinks for a second year, the oil giant's annual review shows.
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Increased oversight of chief executive  compensation has placed a lid on big salary jumps for CEOs in  very large U.S. organizations, according to a survey.
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Russiaâs strategy to secure a monopoly for Gazprom on exports to Asia is threatening an important investment by BP.
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Regulators would take steps to oust top executives if the board of the government-chartered mortgage funding company doesn't remove them on its own, according to a source close to the situation.
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A series of scandals at oil giant BP  Plc's U.S. operations, has shaken investors' faith in its head  John Browne and prompted some to re-examine the record of a man  often rated among the world's most respected CEOs.
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Some top executives at British oil company BP  are worried that cost cutting at a Texas refinery might have contributed to the plant's poor state of safety and equipment, according to an internal BP review, The Wall Street Journal reported on its Web site on Tuesday.
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Exxon Mobil Corp.  spent much of its annual meeting on Wednesday defending its environmental policy, but shareholders of the world's largest company were more concerned with its executive pay and governance practices.
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Shareholder advisory firm Proxy Governance on Thursday urged the investors of Applebee's International Inc  to vote against the bar-and-grill restaurant chain's planned $1.9 billion acquisition by IHOP Corp.
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Russian tax officials are reportedly asking for tax arrears of  $87.5m from oil firm TNK-BP, which is half-owned by UK oil giant BP.
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The U.S. Occupational Safety and Health Administration on Friday proposed to fine BP Plc  $92,000 for safety violations at a Texas City refinery where 15 workers died in a 2005 explosion and fire.
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ANCHORAGE, Alaska  - BP unit BP Exploration (Alaska) Inc has agreed to pay $379 million to settle a dispute over outstanding corporate income taxes charged between the years 2000 and 2002, Gov. Sarah Palin said on Monday.
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BP  unit BP Exploration  (Alaska) Inc has agreed to pay $379 million to settle a dispute  over outstanding corporate income taxes charged between the  years 2000 and 2002, Gov. Sarah Palin said on Monday.