BP Share News (BP.)

MOVES-BP's head of natural gas liquids trading steps down -sources

HOUSTON, Jan 24 (Reuters) - Jim Flavin, head of trading for BP's North American natural gas liquids division, has resigned, four sources familiar with the move said this week. It was unclear whether he planned to join another company. A spokesman for BP declined to comment on personnel chan

BP starts up Thunderhorse South Expansion 11 months ahead of schedule

(ShareCast News) - BP started up its Thunder Horse South Expansion in the Gulf of Mexico ahead of schedule and under budget, with the latter being the result of its use of standardised equipment instead of customised components. It was expected to be the first of several major upstream start-ups sch

FTSE 100 movers: Paddy Power and banks lead London losers

(ShareCast News) - The FTSE 100 was down over 0.8% by late afternoon on Monday, with stocks swaying lower as sterling rose to a one-month high ahead of the Supreme Court's decision on triggering Article 50 for Brexit. Leading the fallers was bookmaker Paddy Power Betfair as it revealed a £40m hit fr

UPDATE 1-Iraq has cut 180,000 bpd as part of OPEC oil deal - minister

(Adds details) By Ahmad Ghaddar LONDON, Jan 23 (Reuters) - Iraq has reduced its oil production by around 180,000 barrels per day and plans to cut a further 30,000 bpd before the end of the month, the OPEC member's oil minister said on Monday. The cut came from a 4.75 million bpd

UPDATE 1-Rosneft sends oil to Hungary, Slovakia with Glencore's help

(Adds details) By Olga Yagova MOSCOW, Jan 20 (Reuters) - Russia's biggest oil producer Rosneft has started supplying oil to Hungary and Slovakia with Glencore, expanding into new markets after recent acquisitions, three industry sources told Reuters on Friday. Rosneft declined i

Russia's Rosneft sending oil to Hungary, Slovakia via Druzhba - sources

MOSCOW, Jan 20 (Reuters) - Russia's largest oil producer Rosneft has started oil supplies to Hungary and Slovakia via the Druzhba pipeline, expanding its exposure to global markets after recent acquisitions, three industry sources told Reuters on Friday. Rosneft declined immediate comment.<

Big Oil back on the acquisition trail as outlook brightens

* More than $30 bln of deals signed since late November * Confidence in oil price recovery fuels growth drive * Companies to focus on east Europe, Latin America, Africa * Graphic on oil and gas M&A in 2016 - http://tmsnrt.rs/2jv9If6 By Ron Bousso LONDON, Jan 19 (Reut

VTB says helped Rosneft manage forex ops for share sale - Interfax

MOSCOW, Jan 18 (Reuters) - Russian state-owned lender VTB helped in the privatisation of a 19.5 percent stake in oil firm Rosneft by ensuring foreign currency operations were carried out without causing market volatility, Interfax news agency quoted a VTB executive as saying. "As regards t

VTB boss says Rosneft sale "paid for by foreign firms" - Tass

MOSCOW, Jan 18 (Reuters) - The acquisition of a 19.5 percent stake in Russia's Rosneft oil firm was paid for by foreign companies, Tass news agency quoted Andrei Kostin, Chief Executive of Russian state lender VTB, as saying on Wednesday. Kostin declined to comment on what role VTB played i

BP Whiting refinery operating normally after minor upset -source

HOUSTON, Jan 17 (Reuters) - BP Plc's 413,500 barrel per day (bpd) Whiting, Indiana, refinery was operating normally on Tuesday following a minor upset, said a source familiar with plant operations. Energy industry intelligence service Genscape said the Whiting refinery used its safety flare

Kremlin says VTB financing Rosneft deal not on its agenda

MOSCOW, Jan 17 (Reuters) - Russian state bank VTB financing the privatisation of Rosneft last year is a commercial issue which is not on the Kremlin's agenda, Kremlin spokesman Dmitry Peskov told reporters on Tuesday. Peskov added that VTB financing the deal should not be viewed as partici

Aker BP chief aims to make more oil acquisitions -CEO

OSLO, Jan 16 (Reuters) - Norwegian oil firm Aker BP continues to seek mergers and acquisitions, Chief Executive Karl Johnny Hersvik told an investor conference on Monday. The company, owned 40 percent by Norway's Aker ASA and 30 percent by BP, prefers oil-related assets rather than gas, a

BROKER RATINGS SUMMARY: Morgan Stanley Upgrades BT To Overweight

New oil projects to double in 2017, WoodMac says

* Spending to rise 3pct to $450bln after two years of cuts * U.S. shale to get most investment growth * Deepwater projects set to get green light as costs drop * GRAPHIC: Oil project FIDs http://tmsnrt.rs/2iAE2BQ By Ron Bousso LONDON, Jan 11 (Reuters) - Oil and gas c

Tuesday broker round-up

(ShareCast News) - Tullow Oil: UBS reiterates neutral with a target price of 260p. BT Group: Barclays reiterates overweight, 525p target. B&M European: Deutsche Bank reiterates buy with a 330p target. BP: HSBC reiterates buy with a 590p target. Royal Dutch Shell: Barclays keeps at overweight with