Premier Oil Revises BP Asset Deal And Settles Dispute With Creditor
Premier Oil Revises BP Asset Deal And Settles Dispute With Creditor
Read morePremier Oil Revises BP Asset Deal And Settles Dispute With Creditor
Read more* Hammerson best weekly performer, marks record weekly gain* Travel stocks surge on report of easing quarantine measures* FTSE 100 up 6.7% for the week, FTSE 250 adds nearly 7% (Adds details, graphic, updates to close)By Ambar WarrickJune 5 (Reuter...
Read more* BP agreed to make part of payment contingent on oil price rise* BP agreed to pay higher share of abandonment costs* Premier needs fresh permission to extend debt maturities* ARCM to reduce short position with new shares (Adds details on new price...
Read moreLONDON, June 5 (Reuters) - Premier Oil will issue discounted shares to activist hedge fund ARCM representing 8.91% of the company to pay for North Sea assets from BP, which agreed to reduce the price, Premier said on Friday.ARCM, which owns around...
Read more(Adds background on Gulf production, impact on gasoline prices)HOUSTON, June 4 (Reuters) - Royal Dutch Shell Plc and Murphy Oil Corp began evacuating non-essential workers from the U.S. Gulf of Mexico on Thursday because of the threat from Tropica...
Read moreBAKU, June 4 (Reuters) - BP has turned over rights to operate the South Caucasus Pipeline (SCP), part of the network that is due to start carrying gas from Azerbaijan to Europe this year, to a unit of Azeri state energy firm SOCAR, the groups sai...
Read more* Aston Martin tumbles on plan to cut jobs* Financials among top drags on the FTSE 100* Resource stocks pressured by weak commodity prices (Adds details, updates to close)By Ambar WarrickJune 4 (Reuters) - UK shares hit their highest in nearly thre...
Read moreMOSCOW, June 3 (Reuters) - Russian largest oil producer Rosneft said on Wednesday that the head of BP, Bernard Looney, has been approved as member of its board of directors by the annual meeting of shareholders.Robert Dudley, Looney's predecessor,...
Read moreBy Stephen Jewkes and Ron BoussoMILAN/LONDON, June 3 (Reuters) - Italian oil major Eni is planning to create a division to focus on new energy solutions which could be headed by its CFO, as it steps up preparations for a decarbonised future, two s...
Read more* HSBC biggest boost to the FTSE 100* FTSE 100 about 17% below January record high* Defence contractor Chemring soars after winning U.S. orders (Adds details, updates to close)By Ambar WarrickJune 3 (Reuters) - UK shares closed at three-month highs...
Read moreHOUSTON, June 2 (Reuters) - U.S. oil companies are monitoring the first tropical storm of the 2020 Atlantic hurricane season to threaten the offshore oil patch in the U.S.-regulated northern Gulf of Mexico.Royal Dutch Shell Plc, BP Plc, Chevron Co...
Read moreLONDON MARKET MIDDAY: FTSE 100 Climbs As Lockdown Optimism Persists
Read more* London bluechips, midcaps at strongest close since early-March* Resource stocks biggest boost to FTSE 100 on commodity prices* Travel stocks up on reports of alternate quarantine measures (Adds details, updates to close)By Sagarika Jaisinghani ...
Read more(Adds Equinor declines comment)By Devika Krishna KumarNEW YORK, May 28 (Reuters) - A flurry of tentative bookings to export U.S. crude oil from the Gulf Coast suggests demand is edging up after the coronavirus slammed energy consumption worldwide...
Read moreBy Devika Krishna KumarNEW YORK, May 28 (Reuters) - A flurry of tentative bookings to export U.S. crude oil from the Gulf Coast suggests demand is edging up after the coronavirus slammed energy consumption worldwide.BP, Trafigura and Equinor have...
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