(ShareCast News) - The FTSE 100 continued to fall on Thursday, down 156.34 points (2.57%) to 5,917.04 by mid-afternoon. Miners again dragged the market down amid growing concerns about China, one of the world's largest commodities consumers, after the country had its shortest trading day in history.
Read moreBRUSSELS, Jan 7 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS NEW LISTINGS -- BP is reorganising its Ruhr Oel refining joint venture with Rosneft in Germany, under which BP will
Read moreLONDON, Jan 7 (Reuters) - UK mining and energy shares indexes slumped to their lowest level in more than 11 years on Thursday, with a sharp decline in prices of major industrial metals and crude oil on China-related concerns promoting investors to dump shares. China, a major consumer of com
Read moreNEW YORK, Jan 5 (Reuters) - BP Plc will conduct two weeks of planned work and repairs at its 290,000 barrels per day (bpd) crude unit at the 413,500 bpd Whiting, Indiana, refinery, according to a report on Tuesday. The work on the unit, called Pipestill 12, will start March 7, according to
Read moreLONDON, Jan 4 (Reuters) - Britain's oil and gas output rose in 2015 for the first time since the turn of the millennium, industry body Oil & Gas UK said on Monday, reversing a declining trend but coming as oil prices are trading at a seven-year low. The industry group, which represents oil
Read moreOSLO, Jan 3 (Reuters) - Production at the Eldfisk and Embla oilfields in the North Sea has resumed, operator ConocoPhillips said on Sunday, following a shutdown on New Year's Eve on concerns that the installations could be hit by a drifting barge. The vessel had been drifting towards BP's
Read more(Adds background) CAIRO, Jan 3 (Reuters) - Egypt's outstanding arrears to foreign oil companies rose to $3 billion at the end of December 2015 from $2.7 billion at the end of October, Petroleum Minister Tarek El Molla told Reuters on Sunday. The ministry had said in September that Egy
Read moreLONDON, Jan 2 (Reuters) - The slump in global oil prices could hit bottom in early 2016 although prices are likely to remain low for the next couple of years, BP Chief Executive Officer Bob Dudley said. "A low point could be in the first quarter," Dudley said in BBC radio interview broadca
Read moreOSLO, Dec 31 (Reuters) - A drifting barge has missed BP's Valhall platform in the North Sea by some two kilometres, a spokeswoman for the Rescue Coordination Centre for southern Norway told Reuters. "The barge drifted past by some two kilometres. The danger is over. There are no other inst
Read moreOSLO, Dec 31 (Reuters) - A drifting barge was about an hour away from hitting BP's oil installations at the Valhall oilfield in the North Sea, a spokesman said on Thursday. When asked about the risk of an oil spill, company spokesman Jan Erik Geirmo said: "It depends on which platform the b
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