BP Share News (BP.)

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

UPDATE 2-Kremlin orders oil group Rosneft to submit privatisation plans

* Russia preparing to sell stake in top oil firm * Deal should be completed by Dec. 5 - decree * Rosneft could buy own shares from state holding * Kremlin aide says other investors could take part * Rosneft may buy only part of its stake - sources (Adds sources, backgrou

FTSE 100 movers: Miners fly south, housebuilders warmed by BoE data

(ShareCast News) - As London woke to the first winter's frost, a flock of commodities heavyweights flapped south to send the FTSE 100 into negative territory on Tuesday. A fall in metals prices, led by copper, saw investors migrate out of Antofagasta, Fresnillo, BHP Billiton, Rio Tinto, Anglo Americ

LONDON MARKET MIDDAY: Stocks Mixed Before OPEC Meeting And Italy Vote

Kremlin aide says number of investors may buy into Rosneft privatisation

MOSCOW, Nov 29 (Reuters) - Single or several investors may take part in Rosneft 19.5 percent stake sale, Kremlin economic aide Andrey Belousov told reporters on Tuesday. He added that the existing government order which sets up Rosneft privatisation timing should be executed. (Reporting

Rosneft should submit privatisation proposals by Dec. 1 - Kremlin aide

MOSCOW, Nov 29 (Reuters) - Russia's Rosneft should submit proposals to the government by Dec. 1 about how it thinks its privatisation should be conducted, Kremlin economic aide Andrey Belousov told reporters on Tuesday. According to an earlier government order, the sale of a 19.5 percent st

RPT-Shell considering selling its Iraq oil assets -sources

(Repeats Nov. 28 story, no change to text) * Profits from Iraq oil production limited, sources say * Shell seeks to retain its Iraq gas production * Sale part of global $30bln disposal programme By Ron Bousso and Dmitry Zhdannikov LONDON, Nov 28 (Reuters) - Royal Dut