BP Share News (BP.)

UPDATE 1-European mining and energy share indexes slump to 12-year lows

(Adds short interest data, details, quotes) By Atul Prakash LONDON, Jan 20 (Reuters) - European basic resources and energy share indexes slumped to their lowest levels in more than 12 years on Wednesday, with a sharp decline in oil and metals prices scaring investors away from commodi

European mining and energy share indexes hit 12-year lows

LONDON, Jan 20 (Reuters) - European basic resources and energy share indexes slumped to their lowest levels in more than 12 years on Wednesday, with a sharp decline in oil and metals prices scaring investors away from commodities stocks. The STOXX Europe 600 Basic Resources index fell 4.2 p

LONDON MARKET OPEN: Equities Fall As Oil Market Glut Seen Worsening

UPDATE 1-Azerbaijan's oil output fell 0.8 pct in 2015

(Adds more figures, background) BAKU, Jan 19 (Reuters) - Azerbaijan's crude oil and condensate production in 2015 fell by 0.8 percent year-on-year to 41.7 million tonnes, a source at the State Statistics Committee said on Tuesday, after planned maintenance suspended output at various oilfie

UPDATE 1-Norway awards 56 oil and gas licences in mature areas

* 36 companies awarded stakes to explore in mature areas * Strong interest in Norwegian Sea * Next licence round in mature areas to be announced before Easter (Recasts, adds quotes, details) SANDEFJORD, Norway Jan 19 (Reuters) - Norway's oil ministry awarded 56 oil and gas exp

UPDATE 1-Iraq wants foreign oil firms to cut development spending - minister

(Adds details on service agreements) BAGHDAD, Jan 19 (Reuters) - Iraq wants foreign oil companies to cut spending as the nation seeks to narrow a budget gap caused by lower crude prices, oil minister Adel Abdul Mahdi said in a statement on Tuesday. "The ministry is discussing reducing

Iraq wants foreign oil firms to cut development spending, oil minister says

BAGHDAD, Jan 19 (Reuters) - Iraq wants foreign oil companies to cut spending as the nation seeks to narrow a budget gap caused by lower crude prices, oil minister Adel Abdul Mahdi said in a statement on Tuesday. "The ministry is discussing reducing financial spending by foreign companies,"

Norway awards 56 oil and gas licences in mature areas

SANDEFORD, Norway Jan 19 (Reuters) - Norway's oil ministry awarded 56 oil and gas exploration licences in mature areas on Tuesday and said it plans to launch a new licencing round in mature areas before Easter this year. "I have the pleasure to offer 56 new exploration licences. 27 in the N

UPDATE 2-Total takes oil price hit but will not cut jobs -CEO

(Adds spokesman comments, share price) By Bate Felix PARIS, Jan 19 (Reuters) - French energy company Total expects a drop in 2015 results but does not plan to cut jobs as peer BP has done to weather currently low oil prices, its chief executive said in a radio interview on Tuesday.</

LONDON MARKET OPEN: China-Exposed Stocks Lead Early Gains

UPDATE 1-Total takes hit with oil price fall but will not cut jobs - CEO

(Adds quotes, details and background) By Bate Felix PARIS, Jan 19 (Reuters) - French oil and gas major Total's full year 2015 results are expected to fall but it does not plan to cut jobs as peer BP has done to withstand the fall in oil prices, its chief executive said in a radio int

Total's CEO says does not expect to cut jobs

PARIS, Jan 19 (Reuters) - French oil and gas major Total does not plan to cut jobs as peer BP has done to withstand the dramatic fall in oil prices, Chief Executive Officer Patrick Pouyanne said in a radio interview on Tuesday. Speaking in an interview with Europe 1 radio, Pouyanne said th

LONDON MARKET CLOSE: Iran Resumes Oil Exports And Sends Shares Lower

BP gushes higher on SocGen upgrade

(ShareCast News) - BP rose to the top of the FTSE 100 as investors reacted to an upgrade of the stock by Societe Generale late on Friday. "We upgrade from 'hold' to 'buy', despite lower estimates, on our expectation that having started earlier than the industry on the cost-reset, and on our key assu

CORRECT: LONDON MARKET MIDDAY: Oil Prices Bounce But Stocks Flatten