BP Share News (BP.)

Putin says Rosneft's purchase of Bashneft to boost privatisation effect

Oct 12 (Reuters) - Russia's privatisation drive will be more efficient after the country's largest oil producer Rosneft purchases a state stake in mid-sized oil firm Bashneft , President Vladimir Putin said on Wednesday. Speaking at an economic forum, Putin said that now a 19.5 percent sta

Potential oil output deal prompts another worry: a shortage

* Executives warn of lack of investment in new fields * Volatility to remain even after OPEC deal -Total CEO * Shale, technology to mitigate impact of supply shortage By Ron Bousso ISTANBUL, Oct 12 (Reuters) - While OPEC and other big crude producers work towards a deal to

Marathon suit attempt to renegotiate Texas City purchase terms -BP

Oct 11 (Reuters) - BP Plc on Tuesday said it would vigorously defend itself against a federal civil suit by Marathon Petroleum Corp alleging that it had failed to deliver a Texas oil refinery and three products terminals in the condition promised under a $2.4-billion sales agreement signed in 201

Tuesday broker round-up

(ShareCast News) - Easyjet: Deutsche Bank keeps at hold with a target price of 1000p. BP: HSBC reiterates buy, 570p target. Petrofac: Credit Suisse keeps at outperform with a 1100p target. British American Tobacco: Jefferies reiterates buy with a 6000p target. Royal Dutch Shell: HSBC keeps at bu

UPDATE 2-BP scraps plan to drill off Australia's south coast

* Cites project costs as reason for withdrawal * Decision in line with move away from risky drilling -RBC * BP's move welcomed by environmental groups * Other oil companies also hold exploration permits (Adds analyst, share price, background) By Sonali Paul and Karolin S

BP shelves Great Australia Bight exploration, Dudley eyes $55-$70 oil

(ShareCast News) - In the face of staunch environmental protests, BP has decided to shelve its exploration drilling programme in the Great Australian Bight in order to channel capital into more profitable opportunities. After reviewing its upstream options, BP, whose chief executive Bob Dudley

BP boss Dudley sees oil prices at $55-$70 for rest of the decade

ISTANBUL, Oct 11 (Reuters) - BP Chief Executive Robert Dudley said on Tuesday he expects global oil prices to stabilize at around $55-$70 per barrel for the rest of the decade. Dudley was speaking at the World Energy Congress in Istanbul. (Reporting by Ron Bousso; Writing by Nick Tatt

RPT-EXCLUSIVE- Russia's Rosneft boss Sechin says no to OPEC oil cut/freeze

(Repeats with text unchanged to add new topic code) By Olesya Astakhova ISTANBUL, Oct 11 (Reuters) - Igor Sechin, Russia's most influential oil executive and the head of Kremlin energy champion Rosneft, said his company will not cut or freeze oil production as part of a possible agree

EXCLUSIVE- Russia's Rosneft boss Sechin says no to OPEC oil cut/freeze

(Adds details) By Olesya Astakhova ISTANBUL, Oct 11 (Reuters) - Igor Sechin, Russia's most influential oil executive and the head of Kremlin energy champion Rosneft, said his company will not cut or freeze oil production as part of a possible agreement with OPEC. His comments un

EXCLUSIVE - Russia's Rosneft boss Sechin says no to oil output cut

ISTANBUL, Oct 11 (Reuters) - Igor Sechin, Russia's most influential oil executive and the head of Kremlin energy champion Rosneft, said his company will not curb oil production as part of a possible agreement with OPEC. "Why should we do it?" Sechin told Reuters in Istanbul on Monday evenin

TOP NEWS: BP Drops Plans To Drill In Great Australian Bight

Monday broker round-up

(ShareCast News) - Easyjet: Societe Generale downgrades to sell with a target price of 820p. BP: Barclays reiterates overweight, 600p target. Lloyds: Citigroup keeps at sell with a 48p target. Unilever: Jefferies reiterates hold with a 3530p target. Royal Dutch Shell: Barclays keeps at overweight

Azeri oil exports via Turkey pipeline rise 2.1 pct in Jan-Sept

BAKU, Oct 10 (Reuters) - Azeri oil exports through the Baku-Tbilisi-Ceyhan (BTC) pipeline via Georgia and Turkey totalled 22.043 million tonnes in January-September, up 2.1 percent from the same period in 2015, state energy company SOCAR said on Monday. Oil exports through the BTC rose 1.15

BUZZ-Strong oil, weak sterling boost Shell, BP

LONDON, Oct 7 (Reuters) - ** Royal Dutch Shell up 2 pct, BP up 1.5 pct, and Shell up 8.7 percent this week while BP is up 7.6 percent over the same period, supported by gains in oil prices and the weakening of the British pound. ** Oil prices have risen nearly 11 percent since OPEC ag

Rosneft says open to deals on Russkoye field, will retain control

MOSCOW, Oct 5 (Reuters) - Russian state oil company Rosneft is continuing talks with other firms potentially interested in developing the Russkoye field in Siberia but aims to retain control over the project, it said in emailed comments on Wednesday. On Wednesday, Rosneft said that Indones