BP Share News (BP.)

PRESS: BP To Sell Stake In Major UK Pipeline As Part Of Shake-Up

UPDATE 1-Norway to examine competition conditions in oil industry

(Adds Statoil comment) OSLO, July 20 (Reuters) - Norway's competition watchdog will look into whether competition rules are being infringed in its oil industry, the industry ministry said on Wednesday. The ministry has asked the competition authority to provide a general description o

BP eyeing sale of U.K. oil terminals and pipeline stake -Telegraph

July 20 (Reuters) - British oil company BP Plc is selling off a string of fuel storage terminals as well as its stake in an big pipeline as part of a shake-up of its operations in the U.K. that affects around 350 jobs, The Daily Telegraph reported on Wednesday. The company is planning to of

Norway to examine competition conditions in oil industry

OSLO, July 20 (Reuters) - Norway's competition watchdog will look into whether competition rules are being infringed in the country's oil industry, the industry ministry said on Wednesday. The ministry has asked the competition authority to provide a "general description" of competitive con

UK Earnings, Trading Statements Calendar - Next 7 Days

Sector movers: Real estate, Oil&Gas pace gains, mining down

(ShareCast News) - Real estate investment trusts led to the upside despite the International Monetary Fund and European Commission's decision on Tuesday to take a knife - as might have been expected - to their forecasts for the British economy next year. In the case of the Washington-based

UPDATE 2-BP charters foreign-flagged vessel to transport ANS crude

(Adds name of vessel, traders' comments) HOUSTON, July 18 (Reuters) - British oil company BP Plc has chartered a foreign-flagged vessel to transport Alaskan crude, the company said on Monday, the latest sign that producers of Alaskan North Slope, or ANS, crude are eyeing new markets. Read more

U.S. Cash Crude-Cash differentials mixed in choppy trading

HOUSTON, July 18 (Reuters) - U.S. cash crude differentials were mixed in choppy trading on Monday, with the Gulf Coast sour benchmark tumbling as traders eyed weak refining margins. Other crude grades, including the Gulf Coast light, sweet benchmark and those in West Texas, were little change

BP charters foreign flagged vessel for transport of ANS crude -spokeswoman

HOUSTON, July 18 (Reuters) - British oil company BP has chartered a foreign flagged vessel to transport Alaskan North Slope (ANS) crude, pending regulatory approvals, a spokeswoman for the company said by email on Monday. The company will receive required approvals from the State of Alaska

BP to restart Ohio refinery by week's end following planned work - source

NEW YORK, July 18 (Reuters) - BP Plc plans to restart its 135,000 barrel-per-day refinery in Toledo, Ohio, by the end of the week following a plant-wide shutdown that began on May 9, according to a source familiar with the plant's operations. The plant was scheduled to be shut down for roug

Monday broker round-up

(ShareCast News) - Experian: Barclays reiterates overweight with a target price of 1,550p. Rentokil: HSBC upgrades to hold with a 190p target. Card Factory: UBS reiterates buy with a 295p target. Capital & Regional: HSBC starts coverage at buy with a 61p target. Unilever: Goldman Sachs reiterates

Capita bumps up forecast for 2016 dividends, mid-caps to take Brexit hit

(ShareCast News) - The fall in sterling following Brexit would deliver an immediate boost to the value of companies' dividend payments but potential recessionary pressures would hit profits and dividends from UK-focused mid-caps hardest, Capita said in its second quarter 2016 Dividend Monitor. De

REFILE-No disruptions of Caspian oil, gas supplies to Turkey

(Removes extraneous 'of' from headline) TBILISI, July 16 (Reuters) - There have been no disruptions to oil and natural gas shipments from the Caspian Sea nation of Azerbaijan to Turkey across Georgia via BP-operated pipelines, a BP-Georgia spokeswoman said on Saturday. "As of this mor

Fund-raising stalled, Republican convention asks Adelson for donation

By Daniel Trotta CLEVELAND, July 15 (Reuters) - A handful of donors to the Republican National Convention have withdrawn pledges and fund-raising has stalled during Donald Trump's polarizing bid for the presidency, leading organizers to ask casino mogul Sheldon Adelson for an urgent donatio

BP's final bill for Gulf of Mexico oil spill comes to $61.6bn

(ShareCast News) - BP's final bill for the oil spill in the Gulf of Mexico came to $61.6bn after taking a recent additional $5.2bn pre-tax charge, which the company said has brought the matter to a close The oil giant said that an $2.5bn after-tax charge will be recorded in its second quarter as a r