BP Share News (BP.)

UPDATE 1-Rosneft's Sechin says Saudi Arabia, U.S. and Russia call shots on oil markets

(Adds detail, quotes) MOSCOW, June 21 (Reuters) - Igor Sechin, the head of Russia's top oil producer Rosneft, said on Tuesday that Saudi Arabia, the United States and Russia were the three main players on global oil markets, dismissing again OPEC's role as a regulator. He told Rossiya

Rosneft's Sechin sees Russia's role on global oil and gas market rising

MOSCOW, June 21 (Reuters) - Igor Sechin, the head of Russia's top oil producer Rosneft, told Rossiya-24 TV on Tuesday that he expects Russia's role in the global oil and gas markets to increase. He also said that Rosneft expects the oil price to be at $50-$55 per barrel by the year end, ris

Rosneft's Sechin says not talking to Chinese or Indian companies about privatisation

MOSCOW, June 21 (Reuters) - Igor Sechin, the head of Russia's top oil producer Rosneft, told Rossiya-24 TV on Tuesday that the company has not held any talks with either Chinese or Indian companies about the state company's privatisation. He also called for selling the 19.5 percent stake, w

Rosneft's Sechin says sells Vankor stake to Indian consortium for more than $2 bln

MOSCOW, June 21 (Reuters) - Igor Sechin, the head of Russia's top oil producer Rosneft, said the company has sold a more than 20 percent stake in Vankorneft to an Indian consortium for more than $2 billion. He was speaking to the Rossiya-24 TV channel on Tuesday. In March, Indian Oil

Rosneft's Sechin values company at up to $130 bln

MOSCOW, June 21 (Reuters) - Igor Sechin, the head of Russia's top oil producer Rosneft, has valued the company at between $56 billion and $130 billion, he told state Rossiya-24 TV channel. The Russian government plans to sell a 19.5 percent stake in Rosneft as part of its wider privatisatio

Britain's FTSE supported by commodity stock rebound

* FTSE 100 up 0.4 pct * Miners, oil firms rebound * Whitbread rises after results * Circassia Pharmaceuticals rises after sharp slump (ADVISORY- Follow European and UK stock markets in real time on the Reuters Live Markets blog on Eikon, see cpurl://apps.cp./cms/?pageId=livema

Britain's FTSE eases as commodities stocks weigh

(ADVISORY- Follow European and UK stock markets in real time on the Reuters Live Markets blog on Eikon, see cpurl://apps.cp./cms/?pageId=livemarkets) * FTSE 100 down 0.2 pct * Miners, oil firms track commodities prices lower * Whitbread rises after results * Circassia Phar

BP accelerates Egypt's Atoll gas project

(ShareCast News) - BP has decided to go accelerate development of its wholly owned Atoll gas project in Egypt, which will begin to flow in the first half of 2018. Offshore the East Nile Delta, the Atoll field is expected to produce up to 300m cubic feet a day (mmscfd) gross of gas to the Egyptian do

Kremlin says no preferred options for Rosneft stake sale

MOSCOW, June 20 (Reuters) - There are no preferred options for the sale of a stake in state-run Rosneft, the world's top listed oil firm by output, Kremlin spokesman Dmitry Peskov told reporters on Monday. "There exist no preferred variants ... various options are now being discussed," Pesk

BP approves investment in Egypt gas field 15 months after discovery

LONDON, June 20 (Reuters) - British oil major BP has approved investment in the first phase of developing the large Atoll gas field offshore Egypt, only 15 months after it first announced its discovery. BP, which declined to give an investment figure for the project, said the field was on t

REFILE-BP's Dudley says Brexit would create uncertainty in the world - Bloomberg TV

(Refiles to amend the headline) MOSCOW, June 17 (Reuters) - A decision by the British people to quit the European Union in a forthcoming referendum would trigger a period of uncertainty for the world, BP Chief Executive Bob Dudley told Bloomberg TV on Friday. Speaking on the sidelines

BP and Rosneft create Siberia oil JV

(ShareCast News) - BP and Rosneft have agreed to create a new joint venture, Yermak Neftegaz, to conduct exploration in the West Siberian and Yenisey-Khatanga basins in the Russian Federation. The JV, 51% of which will be owned by Rosneft, will focus on onshore exploration of two areas of mutual int

RPT-Global oil majors look to shed refineries as crude prices rebound

(Repeats to additional subscribers with no changes to text) * Chevron solicits interest in Burnaby, British Columbia refinery * Shell seeks buyer for Martinez, California plant - sources By Jessica Resnick-Ault NEW YORK, June 17 (Reuters) - Global oil majors Chevron Corp

TOP NEWS: BP To Invest USD300 Million In New Venture With Rosneft

BP to invest up to $300 mln in Russian exploration JV with Rosneft

ST PETERSBURG, Russia, June 17 (Reuters) - BP and Rosneft signed a deal on Friday to create an oil exploration joint venture in Russia in which BP plans to invest up to $300 million, according to the companies' statement. Rosneft will contribute its licences and production facilities to the