BP Share News (BP.)

Mexico oil regulator sweetens terms for December deepwater auction

MEXICO CITY, April 14 (Reuters) - Mexico's oil regulator voted on Thursday to improve the terms for its first-ever deepwater auction in December, giving energy companies and investors more flexibility to structure their bids as oil prices have slumped over the past two years. In a meeting t

Six years after BP spill, U.S. sets new offshore oil safety rules

By Valerie Volcovici WASHINGTON, April 14 (Reuters) - The Obama administration on Thursday unveiled new oil well control rules to prevent the kind of blowout that happened six years ago on a BP Plc rig in the Gulf of Mexico. The Interior Department's Bureau of Safety and Environmental

2nd UPDATE: BP To Revise Remuneration Policy After Shareholder Revolt

REFILE-UPDATE 3-BP investors say "no" to CEO Dudley's $20 mln pay deal

(Adds Legal & General comment, links to graphic, Breakingview, refiled to remove repetitious wording in first paragraph)) * BP investors vote to oppose CEO pay deal * BP head of remuneration committee says will review policy * Company says dividend policy could be reviewed Read more

LONDON MARKET CLOSE: BP Shareholders Revolt Against CEO Pay Package

UPDATE: BP To Revise Remuneration Policy After Shareholder Revolt

Angola's state oil firm says finds offshore reserves

LUANDA, April 14 (Reuters) - Angola's state oil company Sonangol said it has found oil and gas reserves in the Kwanza basin that could total 2.2 billion barrels of oil equivalent, including in a block it jointly owns with BP. Block 24, operated by BP, holds an estimated 280 million barrels

UPDATE 1-ShareSoc advises investors to reject Anglo American CEO pay packet

(Adds comment from company) LONDON, April 14 (Reuters) - Investor interest group ShareSoc says Anglo American's proposed remuneration for CEO Mark Cutifani is too high and urged shareholders to reject it at next week's annual general meeting. The mining giant, which posted steep losse

UPDATE 1-Russia seeking strategic investor to buy Rosneft stake -Putin

(Adds Putin quotes, background) MOSCOW, April 14 (Reuters) - President Vladimir Putin said on Thursday the Russian government was searching for a strategic investor to buy a 19 percent stake in global top oil producer Rosneft as part of a privatisation plan. "We will be searching for

BP shareholders vote to reject CEO Dudley'S $20 mln pay

LONDON, April 14 (Reuters) - A majority of BP shareholders voted on Thursday against paying Chief Executive Bob Dudley $20 million for 2015, in a rare move reflecting outrage over the proposed remuneration after the oil company posted losses. Even though the vote is non-binding, BP executi

Shareholders vote against BP boss's pay

(ShareCast News) - BP shareholders have voted against the proposed £13.8m pay award for chief executive Bob Dudley after a year of huge losses, with the oil giant pledging to consult with major shareholders and make a new proposal. At the FTSE 100 group's annual general meeting, just 40.89% of inves

BP Looks Set To Stick To Pay Packet But May Change Policy In Future

BP signals dividends are no longer sacrosanct

By Ron Bousso LONDON, April 14 (Reuters) - BP said on Thursday an oil market rebalancing and a bounce in oil prices has allowed the company to maintain its dividend but signaled the payout was no longer sacrosanct. BP, which had long said dividends were an absolute priority, said that

Thursday newspaper round-up: RBS, ITV, Tata, BP

(ShareCast News) - George Osborne will have to consider selling the public stake in Royal Bank of Scotland at a loss because keeping it in the public sector is bad for the bank and the economy, the outgoing head of the Treasury has claimed. Sir Nick Macpherson said it was "going to be tricky" for th

LONDON MARKET CLOSE: Tesco Misses Gains As FTSE 100 Reaches 2016 High