BP Share News (BP.)

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

Global oil majors look to shed refineries as crude prices rebound

* 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 and Royal Dutch Shell Plc are putting small refineries on the aucti

High-div stocks pace gains

(ShareCast News) - Losses on the top flight index were contained by gains in shares of several of the most-reliable dividend payers on the London market, including the likes of BP, British American Tobacco and Royal Dutch Shell. Hence, a certain safe-haven bid, even within pound assets, appeared to

U.S. West Coast refiners purchase Oman crude, first time in 3 years

By Liz Hampton HOUSTON, June 16 (Reuters) - U.S. West Coast refiners have imported several cargoes of crude from Oman in recent weeks, marking the first arrivals of oil from the Arab country to the United States in nearly three years. The imports of the medium sour crude blend started

Kremlin investor show attracts top oil players, but few deals

* Gazprom-Shell sign only significant deal * Rosneft boss tells investors about U.S., Saudi risks By Dmitry Zhdannikov and Katya Golubkova ST PETERSBURG, Russia, June 16 (Reuters) - Global oil company chiefs showed up in force to Russia's main investor show on Thursday, but deal

LONDON MARKET CLOSE: Stocks Down As BoE, Fed Hold On Brexit Fears

BP unlikely to invest in Saudi Aramco IPO - CEO

MOSCOW, June 16 (Reuters) - Oil major BP Plc is unlikely to invest in Saudi Aramco's IPO, Chief Executive Bob Dudley told reporters at the St Petersburg International Economic Forum on Thursday. "It's unlikely we would be a financial investor in Saudi Aramco," he said. Dudley also sai

Gasoline appeal fades as refiners chase the next profit boost

* Diesel gets boost from Asian heat, French strikes * Driving demand soars, but full tanks scupper profits * U.S. diesel profit crept above gasoline in summer abnormality By Ahmad Ghaddar and Libby George LONDON, June 16 (Reuters) - Just as drivers hit the road for summer

LONDON MARKET MIDDAY: BoE Holds As Fed Warns On Brexit "Consequences"

Unplugging from EU could set back UK energy investment

* UK referendum on EU membership set for June 23 * Uncertainty after Brexit would delay investment * Britain faces looming energy supply crunch By Nina Chestney LONDON, June 16 (Reuters) - A British vote to leave the European Union next week would make UK energy infrastruc