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Share Price:
510.40
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509.40
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Don't have an account? Click here to register.2nd UPDATE:BP Asks Europe Ops Not To Refuel Iran Airlines-Sources
Mon, 05th Jul 2010 20:27
(Updates with background.) LONDON (Dow Jones)--BP PLC (BP, BP.LN) has instructed its European operations not to refuel Iranian airlines after U.S. President Barack Obama signed sanctions targeting Iran's gasoline supplies, people familiar with the matter said Monday. The ban by one of Europe's largest aviation fuel suppliers comes as Iranian media said airports in the U.K., Germany and the United Arab Emirates had refused to refuel Iranian passenger jets. The BP decision comes after Obama's signing the toughest sanctions ever on Iran already triggered cancellations of gasoline sales by Total SA (TOT) and of a $1.2 billion engineering contract by a Korean company. U.K. oil giant BP, which is facing U.S. pressure over a huge oil spill, sent faxes to its refueling operations in some European countries--including those owned with partners--around Friday, people familiar with the faxed document said. The document ordered a ban on refueling for several Iranian airlines, including Iran Air, the people said. "It's due to a decision from the U.S. Congress," one person said. A BP spokeswoman said, "we will comply with any international sanctions that are imposed" on Iran. She said this applied to U.S. sanctions on gasoline and included refueling and operations where it has joint partners, but declined to comment further. The company's air refueling arm, Air BP, is one of Europe's largest air aviation suppliers and operates in Europe's main markets, including the U.K., Germany, France, Italy and Spain, according to its website. On Thursday, Obama signed a sweeping package of tough new energy and financial sanctions on Iran over its nuclear program, that included targeting its gasoline supplies. But not all non-U.S. companies have decided to enforce the sanctions when it comes to refueling. A spokesman for Dubai's airport told AFP on Monday that Iranian passenger planes are still able to refuel at the airport. French oil major Total last week decided to end the sale of refined products to Iran to comply with the sanctions. A Total spokesman couldn't comment on whether that applies to airline refuelling outside Iran or not. The expanded U.S. sanctions--adding to recent ones from the European Union and the United Nations--are starting to hit all sectors of Iran's oil and gas industry. South Korea's GS Engineering & Construction Co. (006360.SE) cancelled a contract worth EUR960 million ($1.2 billion) in a giant Iranian gas field due to sanctions by the United Nations and the U.S. against the Islamic republic, a GS spokesman said Friday. -By Benoit Faucon, Dow Jones Newswires; +44-20-7842-9266; benoit.faucon@dowjones.com (END) Dow Jones Newswires July 05, 2010 15:27 ET (19:27 GMT)
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25 Mar 2024 16:51
LONDON MARKET CLOSE: Renewed global tensions put pressure on stocks
(Alliance News) - Stock prices in London started the week in bad shape and closed lower on Monday, as investors sat on their hands amid rising global tensions.
Read more21 Mar 2024 15:00
UK dividends calendar - next 7 days
| Friday 22 March | |
| easyJet PLC | dividend payment date |
| FRP Advisory Group PLC | dividend payment date |
| Gulf Investment Fund PLC | dividend payment date |
| Henderson Opportunities Trust PLC | dividend payment date |
| Hercules Site Services PLC | dividend payment date |
| Impax Asset Management Group PLC | dividend payment date |
| JLEN Environmental Assets Group Ltd | dividend payment date |
| JPMorgan Multi-Asset Growth & Income PLC | dividend payment date |
| Mattioli Woods PLC | dividend payment date |
| Mobeus Income & Growth 2 VCT PLC | dividend payment date |
| Mobeus Income & Growth 4 VCT PLC | dividend payment date |
| Ramsdens Holdings PLC | dividend payment date |
| Riverstone Credit Opportunities Income PLC | dividend payment date |
| Ruffer Investment Co Ltd | dividend payment date |
| Samuel Heath & Sons PLC | dividend payment date |
| Troy Income & Growth Trust PLC | dividend payment date |
| Unilever PLC | dividend payment date |
| Monday 25 March | |
| AstraZeneca PLC | dividend payment date |
| Endeavour Mining PLC | dividend payment date |
| Mountview Estates PLC | dividend payment date |
| Shell PLC | dividend payment date |
| Tuesday 26 March | |
| no events scheduled | |
| Wednesday 27 March | |
| abrdn Diversified Income & Growth PLC | dividend payment date |
| Thursday 28 March | |
| Alliance Trust PLC | dividend payment date |
| Balanced Commercial Property Trust Ltd | dividend payment date |
| Berkeley Group Holdings PLC | dividend payment date |
| BHP Group Ltd | dividend payment date |
| BlackRock Energy & Resources Inc Trust PLC | ex-dividend payment date |
| BlackRock Sustainable American Income Trust PLC | ex-dividend payment date |
| BlackRock Throgmorton Trust PLC | dividend payment date |
| BP PLC | dividend payment date |
| City of London Investment Group PLC | dividend payment date |
| Crown Place VCT PLC | dividend payment date |
| CT UK Capital & Income Investment Trust PLC | dividend payment date |
| Develop North PLC | dividend payment date |
| Diversified Energy Co PLC | dividend payment date |
| Downing Renewables & Infrastructure Trust PLC | dividend payment date |
| Gateley Holdings PLC | dividend payment date |
| Genus PLC | dividend payment date |
| Hargreaves Lansdown PLC | dividend payment date |
| HICL Infrastructure PLC | dividend payment date |
| Idox PLC | ex-dividend payment date |
| Imperial Brands PLC | dividend payment date |
| Melrose Industries PLC | ex-dividend payment date |
| Mid Wynd International Investment Trust PLC | dividend payment date |
| Moneysupermarket.com Group PLC | ex-dividend payment date |
| NextEnergy Solar Fund Ltd | dividend payment date |
| North Atlantic Smaller Cos Investment Trust PLC | dividend payment date |
| Personal Group Holdings PLC | ex-dividend payment date |
| Premier Miton Global Renewables Trust PLC | dividend payment date |
| Quartix Technologies PLC | ex-dividend payment date |
| Renewables Infrastructure Group Ltd | dividend payment date |
| Schroder Real Estate Investment Trust Ltd | dividend payment date |
| SDCL Energy Efficiency Income Trust PLC | dividend payment date |
| Smith & Nephew PLC | ex-dividend payment date |
| Taylor Wimpey PLC | ex-dividend payment date |
| Thames Ventures VCT 2 DSO 1 D PLC | dividend payment date |
| Travis Perkins PLC | ex-dividend payment date |
| Utilico Emerging Markets Trust PLC | dividend payment date |
| Vaalco Energy Inc | dividend payment date |
| Value & Indexed Property Income Trust PLC | ex-dividend payment date |
| VH Global Sustainable Energy Opportunities PLC | dividend payment date |
| Volution Group PLC | ex-dividend payment date |
| Wynnstay Group PLC | ex-dividend payment date |
| Comments and questions to newsroom@alliancenews.com | |
| A full 14-day events calendar is provided each day with a subscription to Alliance News UK Professional. | |
| Copyright 2024 Alliance News Ltd. All Rights Reserved. | |
19 Mar 2024 16:57
LONDON MARKET CLOSE: European large-caps rise on eve of Fed decision
(Alliance News) - Blue-chip stock prices in Europe closed higher on Tuesday, showing little signs of nerves ahead of Wednesday's Federal Reserve decision and UK inflation reading.
Read more19 Mar 2024 11:52
LONDON MARKET MIDDAY: European markets flat ahead of Fed and BoE
(Alliance News) - Stock prices in London were down at midday on Tuesday, as investors sat on their hands ahead of interest rate decisions from the UK and US.
Read more18 Mar 2024 11:49
LONDON MARKET MIDDAY: FTSE 100 as shakes off pre-interest rate nerves
(Alliance News) - Stock prices in London were higher at midday Monday, as eyes were firmly on interest rate decisions across the globe.
Read more15 Mar 2024 13:07
IN BRIEF: Costain wins place on GBP4 billion carbon capture project
Costain Group PLC - Maidenhead, Berkshire-based construction and engineering firm - Selected as one of nine specialist partners to deliver a carbon capture project beneath the North Sea off the east cost of England. The engineering, procurement, and construction contracts for the East Coast Cluster have a combined value of around GBP4 billion, Costain says. The contracts will be with Net Zero Teesside Power and the Northern Endurance Partnership. NZT Power is a electricity generating joint venture of the UK's BP PLC and Norway's Equinor. NEP is a joint venture of BP, Equinor and France's TotalEnergies SE that will provide CO2 transport and storage for the East Coast Cluster. Final investment decisions are expected in September or earlier, with the projects aiming for commercial operations from 2027.
Read more15 Mar 2024 12:11
LONDON MARKET MIDDAY: FTSE 100 underperforms despite mining, oil boost
(Alliance News) - London's FTSE 100 overcame a muted morning to head into Friday afternoon on the up, though its progress was shy of the loftier gains seen by mainland European peers, as investors showed some signs of trepidation ahead of a pair of interest rate decisions next week.
Read more14 Mar 2024 11:54
BP details green credentials in similar push towards net zero as Shell
(Alliance News) - BP PLC on Thursday outlined similar targets to cut emissions as peer Shell PLC, as both oil and gas majors strive to become net zero for carbon emissions by 2050.
Read more14 Mar 2024 10:19
BP picks up Ashford site to boost electric charging scope for trucks
(Alliance News) - BP PLC on Thursday stepped up plans to increase its electric charging capacity for heavy goods vehicles by buying one of the largest truck stops in Europe.
Read more8 Mar 2024 13:42
BP appoints Aviva boss Amanda Blanc as senior independent director
(Sharecast News) - Oil giant BP said on Friday that it has appointed Aviva chief executive Amanda Blanc as senior independent director with effect from after the annual meeting on 25 April.
Read more8 Mar 2024 12:20
IN BRIEF: BP promotes Aviva chief executive officer to senior director
BP PLC - London-based oil major - Non-Executive Director Amanda Blanc will be appointed as a senior independent director, effective from April 25 at the conclusion of BP's annual general meeting. Blanc joined BP's board in September 2022. She has been group chief executive officer of Aviva PLC since July 2020. Company also says Senior Independent Director Paula Reynolds will retire at the AGM's conclusion, having served on the board for nine years. Non-Executive Director John Sawers will also be retiring.
Read more8 Mar 2024 10:33
BP pays Auchincloss £8m in 2023, claws back £1.8m from Looney
(Sharecast News) - BP chief executive officer Martin Auchincloss was paid £8m for his services in a particularly prosperous year, it was revealed on Friday, as it managed to claw back a further £1.8m from its former head Bernard Looney.
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London close: Stocks languish ahead of Wednesday's Budget
(Sharecast News) - London's stock markets finished in the red on Monday, reflecting investor apprehension ahead of the impending Spring Budget.
Read more4 Mar 2024 10:43
Jefferies upgrades BP to 'buy'
(Sharecast News) - Jefferies upgraded BP on Monday to 'buy' from 'hold' and lifted the price target to 570p from 520p.
Read more