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HOUSTON, Aug 22 (Reuters) - BP Plc's 413,500 barrel per day Whiting, Indiana refinery returned to normal production by Monday morning for the first time since late July, sources familiar with plant operations said. The refinery has been running at reduced production levels since the weekend
Read moreBAKU, Aug 22 (Reuters) - Oil output from BP-led oilfields in Azerbaijan in the first half of 2016 rose year-on-year to 16 million tonnes (655,000 barrels per day) from 641,000 bpd in the same period last year, BP-Azerbaijan said on Monday. January-June natural gas production stood at 5.4 b
Read moreLONDON, Aug 19 (Reuters) - Gasoline refining margins in northwest Europe rose on Friday supported by tightening of stocks in the Atlantic basin and outages in key U.S. Gulf Coast refineries * Outages at two refineries in the U.S. Gulf Coast - Motiva Enterprise's Convent refinery and Exxon's
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(ShareCast News) - UK stocks whimpered to a lower close on Friday as sterling lost traction on renewed Brexit fears and commodity prices headed south. The spectre of the Lisbon Treaty's Article 50 rose once more, following a media report that claimed UK Prime Minister Theresa May was sympathetic to
Read more* Stocks lower on indexes around the globe * Comments from Fed heads push investors to rethink July minutes * Dollar rises on increased Fed hike odds (Updates to U.S. market open, adds quotes, changes dateline, previous LONDON) By Dion Rabouin NEW YORK, Aug 19 (Reuters)
Read more(Updates prices) * European shares -1% on the week, oil at 8-wk high * All eyes on Fed, Jackson Hole meeting next week * Oil snaps 6-day rally on hopes of production cuts * U.S. dollar stuck near 8-wk lows vs euro * European earnings f'casts: http://reut.rs/2553txNRead more
(ShareCast News) - Oil giant BP is courting new investors to avoid a repeat of the pay row for its chief executive. In April, the board voted against a £14m pay package for its chief executive Bob Dudley and Sky News reported on 18 August the company had met with potential investors recently to d
Read more(ShareCast News) - A lawyer has been acquitted on charges he made up thousands of false clients to sue oil giant BP for damages caused by the April 2010 Gulf of Mexico oil spill. Under a 2012 settlement BP agreed to compensate businesses and individuals affected by the disaster. Mikal Watts had alle
Read moreBy Jonathan Stempel Aug 18 (Reuters) - A prominent Texas lawyer was acquitted on Thursday of charges he made up thousands of fake clients to sue BP Plc for damages that the oil company caused in the 2010 Gulf of Mexico spill, court records show. Mikal Watts was among five defendants f
Read moreLONDON, Aug 18 (Reuters) - Gasoline refining margins in northwest Europe rose on Thursday after a 9 percent draw in ARA stocks that followed a large U.S. draw boosted expectations that a recent glut was subsiding. * ARA gasoline stocks independently held in the Amsterdam-Rotterdam-Antwerp d
Read more(Adds union quotes, details) CAPE TOWN, Aug 17 (Reuters) - South Africa's petroleum sector employers and striking workers signed a new two-year wage deal on Wednesday, ending a three-week strike that caused limited supply disruptions, an official representing employers said. Around 15
Read moreLONDON, Aug 17 (Reuters) - Gasoline refining margins in northwest Europe dipped on Wednesday, weighed by weak export economics, but a larger than expected draw in U.S. inventories of the motor fuel capped losses. * U.S. gasoline stocks fell by 2.7 million barrels last week, compared with an
Read moreMOSCOW, Aug 17 (Reuters) - Rosneft, Russia's largest oil producer, plans to launch its Suzun oil field within the next one-two months, Rosneft First Vice President Pavel Fyodorov told a conference call on Wednesday. He also said that Rosneft sees its output rising in the second half of 2016
Read moreHOUSTON, Aug 16 (Reuters) - Flaring at BP Plc's 413,500 barrel per day (bpd) Whiting, Indiana, refinery on Tuesday afternoon was due to a minor upset that did not affect the week-long restoration of normal operations, sources familiar with plant operations said. The refinery was near norma
Read moreLONDON, Aug 16 (Reuters) - Gasoline refining margins in northwest Europe rose to $7.50 a barrel on Tuesday amid limited trading activity as recent stock draws eased concerns over recent months' glut. * The arbitrage to the U.S. East Coast has slowed down significantly in recent days. Export
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