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RPT-Mexico deep water oil push taps data that solved dinosaur riddle

(Repeats story with no changes to text) By David Alire Garcia MEXICO CITY, Dec 5 (Reuters) - A long-awaited auction of Mexico's untapped deep water oil fields on Monday has been fueled by a nearly $3 billion boom in geological data mapping almost inaccessible deposits to open up what

RPT-BP's Mad Dog leads the oil pack's return to the Gulf of Mexico

(Repeats to widen subscription, no changes to text) By Jessica Resnick-Ault NEW YORK, Dec 5 (Reuters) - BP Plc's decision to move ahead with a $9 billion project to drill in the Gulf of Mexico is the first step toward major oil companies moving forward with U.S. offshore plans postpon

Kremlin says sure deadline for Rosneft stake sale will be met

MOSCOW, Dec 5 (Reuters) - Kremlin spokesman Dmitry Peskov told reporters on Monday he was confident the deadline for the privatisation of a 19.5 percent stake in state oil giant Rosneft would be met. The Russian government plans to complete the deal by Dec. 5. Peskov said "nuances" of the

Mexico deep water oil push taps data that solved dinosaur riddle

By David Alire Garcia MEXICO CITY, Dec 5 (Reuters) - A long-awaited auction of Mexico's untapped deep water oil fields on Monday has been fueled by a nearly $3 billion boom in geological data mapping almost inaccessible deposits to open up what the industry sees as the world's "last great p

BP's Mad Dog leads the oil pack's return to the Gulf of Mexico

By Jessica Resnick-Ault NEW YORK, Dec 5 (Reuters) - BP Plc's decision to move ahead with a $9 billion project to drill in the Gulf of Mexico is the first step toward major oil companies moving forward with U.S. offshore plans postponed during crude's price rout. Exploration and develo

LONDON MARKET OPEN: Laird And Oil Producers Down; Housebuilders Up

LONDON MARKET CLOSE: Strong Pound Hits FTSE 100; Oil Rally Continues

UPDATE 2-BP approves $9 billion Mad Dog project in Gulf, a first since spill

(Adds comments, details) By Jessica Resnick-Ault LONDON, Dec 1 (Reuters) - Oil major BP has approved a $9-billion investment in its Mad Dog project in the Gulf of Mexico, its first major new platform in the region since a 2010 explosion at its Macondo well led to the worst offshore di

TOP NEWS: BP Sanctions Mad Dog Phase 2, BHP And Chevron To Follow

BP says approves Mad Dog oil field extension in Gulf of Mexico

LONDON, Dec 1 (Reuters) - Oil major BP has approved a $9-billion investment to expand its Mad Dog oil field in the U.S. Gulf of Mexico, the company said, adding to just a handful of investment decisions it has taken this year amid weak oil prices. The Mad Dog Phase 2 project will start prod

BROKER RATINGS SUMMARY: Credit Suisse Raises BP To Outperform

Credit Suisse upgrades BP to 'outperform' on valuation

(ShareCast News) - Credit Suisse upgraded BP to 'outperform' from 'neutral' on valuation grounds and lifted the price target to 500p from 480p as it took a look at European integrated oil companies. The bank said the progress made on capital productivity and efficiency, as presented at the recent fi

BP's Whiting, Indiana refinery running over 90 pct capacity-sources

HOUSTON, Nov 30 (Reuters) - BP Plc's Whiting, Indiana, refinery was running at more than 90 percent of its 413,500 barrel per day (bpd) capacity on Wednesday as the second-largest crude distillation unit continues restarting from an overhaul, sources familiar with plant operations said. The

Surging oil price pushes Britain's FTSE higher

* FTSE 100 up 0.2 pct * Energy sector biggest riser as oil soars on OPEC deal * RBS falls after failing bank stress test * Ashtead, Zoopla, RPC hit record highs (Follow European and UK stock markets in real time on the Reuters Live Markets blog on Eikon, see cpurl://apps.cp./c

LONDON MARKET MIDDAY: OPEC Optimism Sends Stocks, Oil Price Higher