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* Underlying profits reach $2.3 bln in the third quarter* BP takes $2.6 bln charge on large divestments* Shares down around 0.7% (Recasts, updates throughout)By Ron BoussoLONDON, Oct 29 (Reuters) - BP's profits fell sharply in the third quarter, hu...
Read more* Underlying profits reach $2.3 billion in the third quarter* BP takes $2.6 billion charge on large divestments (Adds details throughout, graphics)By Ron BoussoLONDON, Oct 29 (Reuters) - BP posted a sharp drop in third-quarter profit on Tuesday, hu...
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TOP NEWS: BP Posts Loss As Headwinds Build In Upstream Operations
Read moreLONDON MARKET PRE-OPEN: BP Posts Loss As Lower Prices Hit Upstream
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(Sharecast News) - BP on Tuesday reported a 41% fall in third-quarter net profit due to the impact of a divestment programme, lower oil prices, maintenance and extreme weather in the US Gulf of Mexico.
Read moreLONDON, Oct 29 (Reuters) - BP's third-quarter profit dropped sharply, but still beat expectations, hurt by weaker oil prices, lower production and one-off charges linked to large divestments.London-based BP reported on Tuesday third-quarter underl...
Read more(Sharecast News) - The focus on Tuesday will be on a vote in Parliament on whether to hold fresh general elections on 9 December.
Read moreDAKAR, Oct 28 (Reuters) - Oil and gas explorer Kosmos Energy said on Monday it had made one of the largest discoveries of natural gas in recent years in waters offshore Mauritania, where it sees the potential to extract 50 trillion cubic feet of ...
Read moreKosmos Energy Makes Major Gas Discovery Offshore Mauritania
Read moreMOSCOW, Oct 28 (Reuters) - A ambitious new Arctic oil project led by Russia's top oil producer Rosneft will require about 10 trillion roubles ($157 billion) of investment, Russia's deputy energy minister Pavel Sorokin told reporters.Vostok Oil, a ...
Read moreBP Puts USD5 Million Into US-Based Forest Developer Finite Resources
Read more(Adds detail)LONDON, Oct 24 (Reuters) - Private-equity firm Kerogen Capital is seeking offers for its North Sea business Zennor Petroleum from a select number of bidders with the help of U.S. investment bank Citi, industry sources said.Kerogen has...
Read more(Adds valuations)LONDON, Oct 24 (Reuters) - Private-equity firm Kerogen Capital is seeking offers for its North Sea business Zennor Petroleum from a select number of bidders with the help of U.S. investment bank Citi, industry sources said.Kerogen...
Read more(Adds more detail on targets from draft budget, context)BAKU, Oct 24 (Reuters) - Azerbaijan plans to keep its oil output flat, while increasing natural gas production in 2020, its draft budget obtained by Reuters on Thursday showed.The country plan...
Read moreLONDON, Oct 24 (Reuters) - BP plans to build a $25 million pilot plant to test new technology the energy company says will allow plastic bottles and food packaging to be recycled again and again.Polyethylene terephthalate, or PET, is one of the mo...
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