BP faces wave of protests at shareholder meeting
BP faced waves of protests at its shareholder meeting in London on Thursday as fishermen from the US Gulf Coast complained about poor compensation for the oil spill and institutional investors claimed executive pay packets were excessive.
BP shares soared in London Tuesday amid growing speculation about Middle Eastern interest in the embattled oil giant and reports that the British government is drawing up contingency plans for a possible collapse or break-up of the company, DPA reported.