Last checked at 12 May 2020 09:06
BP boss says crisis could be 'peak oil' moment
(Sharecast News) - The Covid-19 crisis could mark the passing of "peak oil" demand as businesses spend less on travel and employees work from home, BP's new boss said.
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Share Price Information for BP (BP.)
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Share Price:
524.80
Bid:
525.20
Ask:
525.30
Change:
-1.50 (-0.29%)
Spread:
0.10 (0.019%)
Open:
529.30
High:
530.70
Low:
522.30
Prev. Close:
526.30
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Watchlists are a member only feature
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Don't have an account? Click here to register.12 May 2020 07:51
MEDIA-Rosneft seeks tax breaks for hard-to-recover gas in Siberia -RBC
May 12 (Reuters) -* Igor Sechin, the head of Russia's energy giant Rosneft , has asked the government to introduce tax breaks for hard-to-recover Berezovskaya natural gas formation in Western Siberia, RBC daily reports, citing a letter, dated Marc...
Read more12 May 2020 07:41
BP says oil production at Azeri projects drops to 524,000 bpd in Q1
BAKU, May 12 (Reuters) - BP said on Tuesday that oil output at its projects in Azerbaijan declined to 524,000 barrels per day (bpd) in the first quarter of 2020 from 571,000 bpd a year earlier. (Reporting by Nailia Bagirova and Margarita Antidze;...
Read more12 May 2020 00:00
Shell, Eni lead oil majors' climate ambitions but still fall short -investors
* TPI prefers Eni for including third-party fuels, setting absolute carbon reduction target* TPI says sector's "net zero" carbon future not substantiated* More details needed on offsetting, renewables plans* OMV currently laggard among integrated e...
Read more8 May 2020 16:34
UPDATE 1-BP Midstream sees lower onshore oil pipeline volumes amid pandemic
(Adds background, comments)NEW YORK, May 8 (Reuters) - Volumes on BP Midstream Partners LP onshore U.S. oil pipelines began to fall late in the first quarter as demand destruction caused by the coronavirus pandemic began to take hold, officials wi...
Read more7 May 2020 13:40
UPDATE 1-BP Whiting, Indiana, refinery operating at 70% of capacity -sources
(Adds company no comment)HOUSTON, May 7 (Reuters) - BP Plc’s Whiting, Indiana, refinery is operating at about 70% of its 430,000-barrel-per-day capacity, said sources familiar with plant operations.A BP spokeswoman declined to comment.The Whiting r...
Read more7 May 2020 13:08
BP Whiting, Indiana, refinery operating at 70% of capacity -sources
HOUSTON, May 7 (Reuters) - BP Plc’s Whiting, Indiana, refinery is operating at about 70% of its 430,000-barrel-per-day capacity, said sources familiar with plant operations.The Whiting refinery, BP’s largest in North America, is operating at about...
Read more6 May 2020 06:21
UPDATE 3-Aker BP cuts dividend by two-thirds as oil slumps
* Jan-March earnings $666 mln vs $539 mln a year ago* Says aims to pay "attractive" cash dividends going forward* Shares dip after results, underperforming European peers (Adds CEO quotes, analyst, share price)By Nerijus AdomaitisOSLO, May 6 (Reuter...
Read more6 May 2020 06:21
UPDATE 1-Aker BP cuts quarterly dividend by two-thirds as oil price drops
(Adds quote, detail)OSLO, May 6 (Reuters) - Aker BP will cut its quarterly dividend payments by two-thirds due to the COVID-19 pandemic and the fall in crude prices, the Norwegian oil firm said on Wednesday after reporting first-quarter profits th...
Read more6 May 2020 06:12
Aker BP cuts quarterly dividend by two-thirds as oil price drops
OSLO, May 6 (Reuters) - Aker BP will cut its quarterly dividend payments by two-thirds due to the COVID-19 pandemic and the fall in crude prices, the Norwegian oil firm said on Wednesday after reporting first-quarter profits that beat expectation...
Read more5 May 2020 16:58
LONDON MARKET CLOSE: Lockdown Easing Optimism, Oil Jump Boosts Stocks
LONDON MARKET CLOSE: Lockdown Easing Optimism, Oil Jump Boosts Stocks
Read more5 May 2020 16:55
GLOBAL MARKETS-Oil surge lifts global stocks out of three-day losing streak
(Adds U.S. market open; changes byline, dateline; previous LONDON)By Herbert LashNEW YORK, May 5 (Reuters) - A gauge of global stock markets snapped a three-day losing streak on Tuesday as moves to ease major economies out of their coronavirus loc...
Read more5 May 2020 11:59
LONDON MARKET MIDDAY: Stocks Higher As Mood Lifts And Oil Prices Climb
LONDON MARKET MIDDAY: Stocks Higher As Mood Lifts And Oil Prices Climb
Read more5 May 2020 10:53
UK WINNERS & LOSERS SUMMARY: BATM Up On Covid-19 Antibody Test Launch
UK WINNERS & LOSERS SUMMARY: BATM Up On Covid-19 Antibody Test Launch
Read more5 May 2020 10:34
UPDATE 1-GRAPHIC-Coronavirus pushes oil majors to biggest output cuts in 17 years
* Production set to drop by nearly 11% in Q1 * Graphic https://tmsnrt.rs/2SzRgD2 (Updates with Total, data, details, graphic) By Ron Bousso LONDON, May 5 (Reuters) - Oil and gas output from some of the world's top oil companie...
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