BP Share News (BP.)

Oil giants drill deep as profits trump climate concerns

European majors revive exploration activity

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LONDON BROKER RATINGS: HSBC likes Aviva; Credit Suisse lifts Drax

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

Carrefour Brasil bets on know-how to expand small stores operation

MEXICO CITY, June 29 (Reuters) - Grupo Carrefour Brasil launched a franchise model of convenience stores in the Brazilian market on Wednesday, aiming to tap into its know-how from years of experience in Europe, a top executive said.

Oil shippers on Canada's Trans Mountain expansion dispute pipeline tolls

June 26 (Reuters) - Oil shippers on the Trans Mountain expansion (TMX) project are challenging proposed pipeline tolls filed by Canadian government-owned Trans Mountain Corp with regulators last month, citing concerns about significant costs increases.

LONDON MARKET CLOSE: Tepid trade but no heavy sell-off on Russia worry

(Alliance News) - European equities underwhelmed on Monday, though markets were largely unscathed despite dramatic events in Russia brought geopolitical concerns back to the fore.

Nigeria amasses $3 bln debt to traders for oil swaps - sources

BRUSSELS/LONDON, June 23 (Reuters) - Nigeria has accumulated up to $3 billion in debts to trading houses such as Vitol and oil majors such as BP for fuel supplies and is trailing four to six months behind schedule in repaying them with cargoes of crude, four traders and executives told Reuters.

LONDON BRIEFING: GSK settles Zantac litigation in California

(Alliance News) - Stocks in London are set to open in the red on Friday, as risk sentiment across the globe is damped by hawkish central banks.

US county sues oil companies for USD51 bn over 'Heat Dome' disaster

(Alliance News) - A county in the northwestern state of Oregon on Thursday filed a lawsuit against major fossil fuel corporations seeking more than USD51 billion over the 2021 "Heat Dome," one of the US' deadliest ever weather disasters.

Church of England to disinvest from fossil fuels this year

LONDON, June 22 (Reuters) - The Church of England Pensions Board said it had decided to divest its holding in Shell over what it said were insufficient plans to align its strategy to the goal of limiting global warming to 1.5 degrees Celsius.

LONDON MARKET MIDDAY: BoE moves hawkishly and hikes by 50 basis points

(Alliance News) - Stock prices in London were lower at midday on Thursday, while the pound struggled for direction, after the Bank of England acted more aggressively than initially expected, as it grapples with rampant UK inflation.

LONDON MARKET OPEN: Housebuilders fall amid hot UK CPI, rate fears

(Alliance News) - Stock prices in London opened in the red on Wednesday, as a hot UK inflation reading intensified fears about the trajectory of interest rates.

Rosneft's Sechin: Russia losing out to OPEC+ due to different exports structure

Sechin proposes OPEC+ to monitor oil exports

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Rosneft's Sechin: Russia losing out to OPEC+ due to different exports structure

MOSCOW, June 17 (Reuters) - Igor Sechin, head of the Russian energy giant Rosneft, said on Saturday that Russia is losing out to OPEC+ countries due to a smaller share of its oil exports in production.

UK dividends calendar - next 7 days

IN BRIEF: H&T hopes to diversify board with four new directors

H&T Group PLC - Surrey-based pawnbroker and retailer of new and pre-owned jewellery and watches - Hires four new non-executive directors who will join the board effective July 1. Robert Van Breda previously was interim chief financial officer at Griffin Financial Technology Ltd and also has worked at NatWest Group PLC and Vanquis Banking Group PLC. He is expected to chair H&T's audit committee. Lawrence Guthrie is a managing director at Houlihan Lokey and once worked at Charterhouse Capital Partners. Lakeland Ltd Deputy Chair Catherine Nunn, formerly at BP PLC, will chair H&T's newly formed customer committee. Sally Veitch, intended to chair the risk committee, was director of finance at Home Retail Group PLC. H&T also says Senior Independent Director James Thornton intends to retire and as such will not seek re-election at the 2024 annual general meeting. H&T hopes that the new appointments will support its continued growth and broaden the range of skills, experiences and diversity on its board.