BP Share News (BP.)

Britain to waive oil, gas windfall tax if prices fall far enough

LONDON, June 9 (Reuters) - Britain's windfall tax on oil and gas producers will not be applied if prices drop below certain levels for six months in a row, the finance ministry said on Friday, in a move the government hopes will boost energy security.

Enbridge sees Canada Woodfibre LNG export plant in service in 2027

June 8 (Reuters) - Enbridge Inc's Woodfibre LNG partnership in British Columbia was on track to enter service in 2027, Cynthia Hansen, president of gas transmission and midstream at the Canadian energy company, said on Thursday.

UK self-driving car dreams could break down at the starting line

LONDON, June 8 (Reuters) - Britain could lose out on investments in autonomous vehicles (AVs) and see startups shift testing elsewhere if promised laws to regulate the technology are not passed before the next general election, startups and insurance companies said.

Embattled Confederation of British Industry wins backing of remaining members

LONDON, June 6 (Reuters) - The Confederation of British Industry, one of the country's main lobby groups, won a vote of confidence from its members on Tuesday after setting out reforms aimed at restoring its reputation following a series of sexual assault allegations.

LONDON MARKET CLOSE: Stocks higher as interest rate decisions loom

(Alliance News) - Stocks in London were largely higher at the close on Tuesday, shrugging off a poor performance for oil majors in the FTSE 100 and lacklustre data for the UK's retail sector.

LONDON MARKET MIDDAY: FTSE 100 underwhelms as BP and Shell fall

(Alliance News) - Stock prices in London were lower at midday on Tuesday, with the FTSE 100 hurt by share price falls for oil majors, while a less than stellar reading of the UK retail sector kept a lid on sentiment.

LONDON MARKET OPEN: Stocks flat; oil slips amid US recession fear

(Alliance News) - Stock prices in London made little progress at Tuesday's market open, as the spectre of a US recession dulled risk appetite.

LONDON MARKET CLOSE: FTSE 100 down as rally for oil majors loses steam

(Alliance News) - Stocks in London were largely lower at the close on Monday as a rally in oil majors ground to a halt and investors looked to an increasingly "two-speed" economy in the US.

LONDON MARKET MIDDAY: Stocks green amid UK service sector strength

(Alliance News) - Stock prices in London were higher at midday on Monday as markets looked to further positive news for the UK's service sector.

New UK business group launched to rival CBI ahead of crunch vote

(Alliance News) - A new business group in the UK has been launched with companies such as BP PLC and Heathrow Airport Ltd among its members ahead of a D-Day crunch vote on the future of the scandal-hit Confederation of British Industry.

LONDON MARKET OPEN: Shell and BP rise after Opec+ cuts oil output

(Alliance News) - Stock prices in London made a strong start on Monday, as announced cuts in oil production supported the price of Brent crude and the shares of oil majors

LONDON MARKET MIDDAY: Stocks down on US debt vote nerves

(Alliance News) - Stock prices in London were down at midday Wednesday, ahead of a vote on the US debt ceiling bill.

LONDON MARKET OPEN: Stocks down on US debt ceiling jitters

(Alliance News) - Stock prices in London opened lower on Wednesday, as financial markets await a vote on the US debt ceiling agreement.

Sector movers: Big Oil drops amid caution around US debt ceiling, soft Chinese data

(Sharecast News) - Big Oil was the main drag on the FTSE 350 at the start of the week as investors showed caution ahead of a key vote scheduled for the next day in the US House of Representatives on raising the government's debt ceiling deal.

UK's FTSE 100 falls as energy stocks slip; Unilever weighs

Unilever CFO to retire, shares fall

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