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Share Price: 506.20
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Change: 2.10 (0.42%)
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2nd UPDATE: UK's Cameron Understands Frustration Over BP Spill

Tue, 20th Jul 2010 20:59

(Adds comments from Cameron and Obama on Afghanistan and Israel.) By Jared A. Favole Of DOW JONES NEWSWIRES WASHINGTON (Dow Jones)--U.K. Prime Minister David Cameron, flanked by President Barack Obama, on Tuesday said it was unnecessary for Britain to investigate the Scottish government's decision last year to release the convicted Lockerbie bomber. "I don't need an inquiry to tell me what was a bad decision. It was a bad decision," Cameron said at a press conference during his first official visit to the White House. Cameron said, however, he directed his cabinet secretary to see if more information about the case should be released. Cameron and Obama repeatedly condemned the Scottish government's release last year of Abdel Baset al-Megrahi to Libya. Cameron called Megrahi the "biggest mass murderer" in U.K. history. Cameron brushed aside questions about British-oil giant BP Plc's (BP, BP.LN) role in the release of Megrahi, saying that is for the company to answer. He added, "I haven't seen anything to suggest that Scottish" government was swayed at all by BP lobbying. The Lockerbie bomber release was one of two hot-button issues the two leaders discussed. The other was the BP Gulf of Mexico oil spill, which Cameron labeled a "catastrophe." Cameron said the oil company should "rightly be blamed" for the Gulf of Mexico oil disaster. He said he understands that America is frustrated with the company, but that it's in the interest of both the U.S. and the U.K. that the company remain viable. "I completely understand the anger that exists right across America," he said. He added, "The oil spill in the Gulf of Mexico is a catastrophe, for the environment, for the fishing industry, for tourism." BP is taking steps to cap the well and pay for damages done to people who rely on the Gulf, Cameron said. The world leaders also discussed Afghanistan, where the U.K. and U.S. have troops, and stressed their strong relationship. "In short the United States has no closer ally and stronger partner then Great Britain," Obama said. They said the war against the Taliban in Afghanistan shows how close relations are between the two countries. "There is no clearer, no more tangible illustration of Britain and America standing shoulder to shoulder in our national interest than this mission that we are engaged in together," Cameron said. He added, "We have British troops working to an American commander in Helmand, and we have American troops working to a British commander in Kandahar." Cameron said he and Obama also discussed Middle East Peace. Cameron said it's time for direct talks on a two-state solution between Israel and Palestinians. -By Jared A. Favole, Dow Jones Newswires; 202.862.9256; jared.favole@dowjones.com (END) Dow Jones Newswires July 20, 2010 15:59 ET (19:59 GMT)
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9 May 2024 15:51

UK dividends calendar - next 7 days

Friday 10 May 
AIB Group PLCdividend payment date
Alpha Group International PLCdividend payment date
Antofagasta PLCdividend payment date
Hammerson PLCdividend payment date
Hunting PLCdividend payment date
International Personal Finance PLCdividend payment date
Invesco Select Trust Global Equity Income PLCdividend payment date
Invesco Select Trust UK Equity PLCdividend payment date
Johnson Service Group PLCdividend payment date
Kerry Group PLCdividend payment date
Moneysupermarket.com Group PLCdividend payment date
Schroder Asian Total Return Inv Co PLCdividend payment date
Schroder European Real Estate Investments Trust PLCdividend payment date
Schroder Oriental Income Fund Ltddividend payment date
Serco Group PLCdividend payment date
Smurfit Kappa Group PLCdividend payment date
Somero Enterprises Incspecial dividend payment date
Taylor Wimpey PLCdividend payment date
Tufton Oceanic Assets Ltddividend payment date
VPC Specialty Lending Investments PLCdividend payment date
Monday 13 May 
Games Workshop Group PLCdividend payment date
Life Science REIT PLCdividend payment date
Seed Innovations Ltdspecial dividend payment date
Smiths Group PLCdividend payment date
VinaCapital Vietnam Opportunity Fund Ltddividend payment date
Tuesday 14 May 
BlackRock World Mining Trust PLCdividend payment date
Fidelity European Trust PLCdividend payment date
InterContinental Hotels Group PLCdividend payment date
Mondi PLCdividend payment date
OSB Group PLCdividend payment date
Rathbones Group PLCdividend payment date
Uniphar PLCdividend payment date
Wednesday 15 May 
Capital Ltddividend payment date
Grit Real Estate Income Group Ltddividend payment date
Jardine Matheson Holdings Ltddividend payment date
Just Group PLCdividend payment date
Rentokil Initial PLCdividend payment date
Thursday 16 May 
abrdn Property Income Trust Ltdex-dividend payment date
Alternative Income REIT PLCex-dividend payment date
Aquila European Renewables PLCex-dividend payment date
Balfour Beatty PLCex-dividend payment date
BlackRock Latin American Investment Trust PLCdividend payment date
BP PLCex-dividend payment date
Bunzl PLCex-dividend payment date
Churchill China PLCex-dividend payment date
EJF Investments Ltdex-dividend payment date
Essentra PLCex-dividend payment date
Fevertree Drinks PLCex-dividend payment date
FRP Advisory Group PLCex-dividend payment date
Greencoat UK Wind PLCex-dividend payment date
GSK PLCex-dividend payment date
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Henderson Opportunities Trust PLCex-dividend payment date
Income & Growth VCT PLCex-dividend payment date
Irish Continental Group PLCex-dividend payment date
James Halstead PLCex-dividend payment date
Jarvis Securities PLCex-dividend payment date
Kingfisher PLCex-dividend payment date
M Winkworth PLCdividend payment date
Majedie Investments PLCex-dividend payment date
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Morgan Sindall Group PLCdividend payment date
Murray Income Trust PLCex-dividend payment date
Ocean Wilsons Holdings Ltdex-dividend payment date
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PageGroup PLCex-dividend payment date
Pershing Square Holdings Ltdex-dividend payment date
Princess Private Equity Holding Ltdex-dividend payment date
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RHI Magnesita NVex-dividend payment date
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9 May 2024 13:53

IN BRIEF: IP Group joins USD111 million financing round for Hysata

IP Group PLC - invests in companies pursuing breakthrough science - Portfolio company Hysata Pty Ltd completes USD111.3 million series B funding round. Hysata is developing electrolysers to produce green hydrogen efficiently. It will use the fresh cash to advance product development and expand production capacity at its manufacturing facility in Wollongong, New South Wales, Australia, as it focuses on "reaching gigawatt scale manufacturing". The funding round, which Hysata calls "the largest series B in Australian clean tech history", is led by bp Ventures, part of oil major BP PLC, and private equity firm Templewater Ltd, a spin-off from Investec PLC.

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9 May 2024 10:26

Balfour Beatty says trades in line amid "progress" on pacts

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9 May 2024 09:53

LONDON BROKER RATINGS: NatWest target raised, other lenders backed

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8 May 2024 13:19

Middle East Crude-Benchmarks fall, snapping two-day streak

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8 May 2024 13:06

BP softens tone on 2030 oil output cut to reassure investors

LONDON, May 8 (Reuters) - BP softened the language on its pledge to cut its 2030 oil and gas output in an effort to reassure investors over its energy transition strategy and narrow a gaping value gap with rivals.

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7 May 2024 17:30

UK's FTSE 100 notches record closing high in broad rally

FTSE 100 up 1.2%, FTSE 250 adds 1.2%

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7 May 2024 16:32

London close: Stocks jump on return from long weekend

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7 May 2024 16:08

BP profit slides by 40% as refinery outage offsets higher output

First-quarter underlying profit $2.7 bln vs forecast $2.87 bln

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LONDON MARKET OPEN: Stocks track global equities rise while BP falls

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7 May 2024 08:51

TOP NEWS: BP keeps up pace of share buybacks despite profit decline

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BP in $1.75bn buyback as Q1 profits fall on weaker prices, margins

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Shell to exit South Africa's downstream businesses

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