BP Share News (BP.)

BP to be sued in UK by families of Algerian gas plant attack victims

LONDON, Jan 13 (Reuters) - The families of two BP employees killed in the 2013 In Amenas gas plant attack in Algeria have filed a lawsuit in London's High Court against the company, accusing it of failing to take reasonable steps to protect its workers. BP, one of three partners with Norwa

LONDON MARKET CLOSE: New 11-Year Low For Brent Limits China Gains

FTSE 100 movers: China confidence boosts miners

(ShareCast News) - The FTSE 100 was in the black again on Wednesday, up 73.00 points (1.23%) by mid-afternoon to 6,002.24. Miners led the way as confidence was restored somewhat in China, the world's largest commodities importer after data showed China's trade surplus rose more than expected. It wi

LONDON MARKET MIDDAY: UK Retailers In Focus Amid Positive China Data

LONDON MARKET OPEN: Mixed Reception For Retailer Sales Updates

PRESS: BP To Cut Another 4,000 Jobs In Restructuring Drive - Reuters

Europe refiners rush to make more gasoline after diesel hangover

* Refiners tweak crude oil feedstocks to favour gasoline * Gasoline refining margins shine as diesel languishes * Strong demand for gasoline set to continue in 2016 By Ron Bousso LONDON, Jan 12 (Reuters) - After years of building up diesel production, European oil refiners

UPDATE 1-BP to slash thousands more jobs in face of oil downturn

* BP plans to cut 4,000 jobs in upstream operations * Cut 600 jobs in North Sea (Updates throughout) By Dmitry Zhdannikov LONDON, Jan 12 (Reuters) - British oil and gas company BP announced plans on Tuesday to slash 5 percent of its global workforce in the face of a continued

BP to cut 20% of North Sea staff as oil price bites

(ShareCast News) - Oil giant BP said it plans to cut around 6,000 jobs in its global production division, 600 of which will be at its North Sea operations, as it looks to combat sliding oil prices. The company said the move will reduce the upstream headcount to below 20,000 by the end of the year.

BP plans new deep staff cuts to withstand oil price storm

LONDON, Jan 12 (Reuters) - Oil major BP plans to cut at least 4,000 jobs globally in its oil production division this year to reduce costs amid a steep decline in oil prices. "We want to simplify structure and reduce costs without compromising safety. Globally, we expect the headcount in up

BROKER RATINGS SUMMARY: Jefferies Boosts Berkeley And Barratt To Buy

LONDON MARKET OPEN: Tesco, Sainsbury's, Morrisons Up After Kantar Data

Azeri oil disaster an open wound for survivors

* Fire burns, bodies not found from worst Azeri oil accident * Dec.4 storm on Caspian caused platform fires * Workers representative questions equipment, procedure * Azeri SOCAR oil company reviews safety measures By Nailia Bagirova BAKU, Jan 12 (Reuters) - For the s

LONDON MARKET CLOSE: New 11-Year Low For Crude Wipes Out Gains

BROKER RATINGS SUMMARY: JPMorgan Upgrades BAE Systems To Overweight