BP Share News (BP.)

Bad timing: Big Oil ramps up output just as prices sink

* Nine oil majors' output up a combined 8 pct this year * The increase is equivalent to about 10 pct of world output * Growth set to slow as spending is cut By Ron Bousso LONDON, Oct 30 (Reuters) - After years of declining output, major oil companies have ramped up crude p

NORWAY GAS-Flows to Britain ease as Aasgard output cut

* Pipeline gas flows to Europe at 317 mcm/day * Aasgard field output cut due to outage OSLO, Oct 30 (Reuters) - Norwegian gas flows to Britain eased on Friday as production capacity was hit by an unplanned outage at the Aasgard gas field, data from gas system operator Gassco showed.

WRAPUP 2-Oil industry slipping into the red as outlook dims

* Seven of 10 majors to have reported Q3 results registered losses * Shell posts $7.4 bln loss after heavy write-offs * Italian major Eni reports $1 bln loss * Sector challenged by lower-for-longer oil price outlook (New throughout, adds Conoco, Marathon Oil results, comments)

REFILE-UPDATE 2-Rosneft, Exxon, Eni, Sasol win exploration rights in Mozambique

(Adds byline and dateline) * Rosneft, one of five companies to win exploration rights * The award comes despite western sanctions on Russia * Companies win bids to explore 15 blocks in some 74,259 sq km By Manuel Mucari and Katya Golubkova MAPUTO/MOSCOW, Oct 29 (Reut

WRAPUP 1-Oil industry slipping into the red as outlook dims

* Seven of 10 majors to have reported Q3 results registered losses * Shell posts $7.4 bln loss after heavy write-offs * Italian major Eni reports $1 bln loss * Sector challenged by lower-for-longer oil price outlook By Ron Bousso and Karolin Schaps LONDON, Oct 29 (Re

NORWAY GAS-Flows to Britain fall on gas field maintenance

OSLO, Oct 29 (Reuters) - Norwegian gas flows to Britain fell on Thursday on a planned gas field maintenance, data from gas system operator Gassco showed. Gas flows to Europe were running at 326 million cubic metres (mcm) per day by 1300 GMT, down 9 mcm from the volumes delivered on Wednesday.

Broker tips: Centrica, Aviva, BP

(ShareCast News) - Citigroup upgraded Centrica to 'buy' from 'neutral', saying it offers one of the best value propositions among the UK utilities. "Despite the potential for short-term headwinds from the CMA energy investigation, with potentially negative headlines on tariffs, an end to evergreen t

Credit Suisse ups target price on BP

(ShareCast News) - BP performed well in the run-up to the 'mini Strategy Update' on 27 October, Credit Suisse pointed out on Thursday, but in the end most of the points discussed were neither new nor unexpected. The company´s assertion that 80% of its ´fit for FID (final investment decision)' projec

SOCAR plans feasibility study on Albania, Montenegro gas project

BAKU, Oct 29 (Reuters) - Azerbaijan's state energy company SOCAR plans to draft a feasibility study on an Albanian and Montenegrin gas infrastructure plan as part of European efforts to reduce dependence on gas from Russia. Albania and Azerbaijan signed a preliminary agreement in December 2

REFILE-Support services firm DCC looks beyond Europe for long-term growth

(Removes extra word "be" from quote in sixth paragraph) By Li-mei Hoang LONDON, Oct 28 (Reuters) - London-listed support services firm DCC expects to see more acquisition opportunities as oil majors slim down, and is looking to expand its energy business beyond Europe into areas such

John Wood Group Wins New Multi-Million Dollar Contract With BP

Russia's Rosneft, Exxon win license round in Mozambique

MOSCOW, Oct 29 (Reuters) - Russia's Rosneft said on Thursday, together with U.S. partner ExxonMobil, it won three blocks in the fifth license round in Mozambique. Rosneft and Exxon were awarded three contract areas: A5-B in the Angoche Basin as well as Z5-C and Z5-D in the Zambezi Delta. Ex

LONDON MARKET CLOSE: Oil, Gold Stocks Boost UK Shares Ahead Of Fed

Dividends Calendar - Week Ahead

New investments signal turnaround in Brazil ethanol industry

By Reese Ewing SAO PAULO, Oct 28 (Reuters) - Improved returns from sales at home and abroad are unleashing the first major flurry of investment in Brazil's struggling ethanol industry in nearly a decade, with at least nine companies expanding or building new capacity. Medium-sized pri