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RPT-COLUMN-Why are oil and gas companies calling for more action on climate change?

(Bob Dudley is Chief Executive of BP. Ahead of a critical conference on climate change in Paris at the end of the month, Dudley explains the role oil and gas companies can play in the transition to a lower carbon future. The opinions expressed here are his own.) Repeats column with no chang

COLUMN-Why are oil and gas companies calling for more action on climate change?

(Bob Dudley is Chief Executive of BP. Ahead of a critical conference on climate change in Paris at the end of the month, Dudley explains the role oil and gas companies can play in the transition to a lower carbon future. The opinions expressed here are his own.) By Bob Dudley Nov 12 (

Oil exports via BTC pipeline drop 0.9 pct in Jan-Oct yr/yr

BAKU, Nov 11 (Reuters) - Oil exports through the Baku-Tbilisi-Ceyhan (BTC) pipeline via Georgia and Turkey declined by 0.9 percent in January-October year-on-year to 24.1 million tonnes, a source at Azeri state energy company SOCAR said on Wednesday. The source, who declined to be identifie

NORWAY GAS-Flows to Britain rise slightly, slip to Germany

* Pipeline gas flows to Europe at 342 mcm/day OSLO, Nov 11 (Reuters) - Norwegian pipeline gas flows to Europe were broadly unchanged on Wednesday with a small rise to Britain offset by a drop to Germany, data from gas system operator Gassco showed. Gas flows to Europe were running at 342

Azeri energy firm SOCAR cuts cost of Trans Anatolian Pipeline by 25 pct

BAKU, Nov 10 (Reuters) - Azeri state energy firm SOCAR reduced cost of the Trans Anatolian Pipeline (TANAP), which will carry Azeri gas to European markets, by almost a quarter to around $8.3 billion. SOCAR's president Rovnag Abdullayev said on Tuesday that the reduction in the cost was due

Oil majors press Iran for sweeter oil terms post-sanctions

By Rania El Gamal and Dmitry Zhdannikov ABU DHABI, Nov 10 (Reuters) - Iran will have to offer lucrative contracts terms to draw back international oil companies at a time when the oil industry is more focused on profitability as it gears up for a longer period of low oil prices, executives

BP to start Absheron Peninsula shallow water survey in Q1 2016

BAKU, Nov 10 (Reuters) - BP plans a seismic survey in the shallow water Absheron Peninsula in Azerbaijan in the first quarter of 2016, BP's regional director for Azerbaijan, Georgia and Turkey said on Tuesday. A production-sharing agreement between BP and Azeri state energy firm SOCAR to jo

UPDATE 1-Oil majors see low prices persisting for months ahead

(Adds quotes, details) By Rania El Gamal and Dmitry Zhdannikov ABU DHABI, Nov 10 (Reuters) - The global oil glut is likely to take longer than expected to clear and may depress oil prices for many more months if not years despite steep investment cuts and project cancellations around

UPDATE 1-BP suspends Chirag platform in Azerbaijan for maintenance

(Adds more info, background) BAKU, Nov 10 (Reuters) - BP has suspended operations at Chirag, one of its platforms in the Caspian Sea, for planned maintenance, the British oil company said on Tuesday. "Operations at Chirag have been suspended today for planned maintenance for 25 days,"

BP suspends Chirag platform for planned maintenance for 25 days

BAKU, Nov 10 (Reuters) - British oil major BP has suspended operations at Chirag, one of its platforms in the Caspian Sea, for planned maintenance, the company said on Tuesday. "Operations at Chirag have been suspended today for planned maintenance for 25 days," BP-Azerbaijan said in a pres

NORWAY GAS-Flows to Europe steady

* Pipeline gas flows to Europe at 345 mcm/day * Norway's gas production close to full capacity OSLO, Nov 10 (Reuters) - Norwegian gas flows to Europe were steady on Tuesday with production nearing full capacity, data from gas system operator Gassco showed. Gas flows to Europe were ru

BP says oil majors have axed 80 projects this year

ABU DHABI, Nov 10 (Reuters) - Oil majors have cancelled a total of 80 projects across the globe this year because of low oil prices and cut capital expenditures by as much as $22 billion, BP's head of exploration and production Lamar Mckay said on Tuesday. (Reporting by Dmitry Zhdannikov and Ra

LONDON MARKET MIDDAY: Market Reconsiders December Rate Hike In US

NORWAY GAS-Flows to Britain, Germany firm

* Pipeline gas flows to Europe at 338 mcm/day * Outages at gas fields ended over the weekend OSLO, Nov 9 (Reuters) - Norwegian gas flows to Britain and Germany firmed slightly on Monday from last Friday after several gas field outages ended over the weekend, data from gas system operator

UPDATE 1-Ex-BP engineer cleared of obstruction in Gulf of Mexico spill

(Adds no comment from Justice Department) By Kathy Finn NEW ORLEANS, Nov 6 (Reuters) - A former BP Plc engineer charged with obstructing justice after the 2010 Gulf of Mexico oil spill pleaded guilty to a lesser charge on Friday and was sentenced to six months of probation, a U.S. Ju