great especially for those who have held this share ,some times patience pays bp share price moving up nicely and may move up much more , also see amer has news this morning , for me bp is a share with potential and great to see all the buys coming in
By Simon Goodley of The Observer 27/10/13: Its peculiar how things can change. When BP boss Bob Dudley fled Russia for his own protection in 2008, WikiLeaks cables suggested he blamed it all on Igor Sechin, Russia’s former deputy PM, whom the Russian media calls either “Darth Vader” or “the scariest person on earth”. So would that be the same Sechin who is now the boss of Russian oil giant Rosneft, where Dudley sits on the board and in which BP hols a 19% stake ? Still, all of the previous unpleasantness may seem worth it on Tuesday, during a big week for big oil that will see numbers from both Shell and BP. For the first time BP will report a full three-month Rosneft contribution, which should equate to around $400m in dividends. So, is it finally time to buy BP shares ? Possibly not. Analysts reckon the group has done many of the things asked of it, but the Gulf of Mexico disaster still weighs on the stock, with some fearing further provisions. At some point, though, the City will look forward and view the old ugliness as historic. As Dudley well knows.
Yo Bazmobile, It will be good to get past this once and for all, and get the trial decision out in the open finally, I would have thought the 'special friendship' we enjoy with usa will come to our assistance at some point (dream on) I am convinced that BP remains a sound investment and a particularly good buy at the current sp I also believe that BP will maintain the div level despite the projected profit downturn. Cheer up it's only a blip.
By Emily Gosden9:30PM BST 26 Oct 2013 BP is expected to reveal that its total bill for the Gulf of Mexico disaster has increased to more than $43bn, as lower refining margins hit profits
BP is expected to reveal this week that its total bill for the Gulf of Mexico disaster has increased to more than $43bn, as it reports that low refining margins have caused profits to slump as much as 37pc.
The costs of the 2010 disaster had already risen to $42.4bn ($26.2) when BP last updated the market in July and analysts believe it may increase that provision by a further $1bn when it reports third quarter results on Tuesday.
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