BP Share News (BP.)

London close: Stocks drop as third quarter UK GDP slows more than forecast

(ShareCast News) - London stocks finished on the back foot on Tuesday after a worse-than-forecast slowdown in third quarter UK economic growth. UK gross domestic product rose 0.5% in the third quarter compared to 0.7% in the second quarter, well below estimates for a 0.6% increase, the Office for Na

Russia's Rosneft says will be "flexible, resourceful" with Saudi oil in Europe

MOSCOW, Oct 27 (Reuters) - Russia's Rosneft, the world's top listed oil producer by output, will show "flexibility and resourcefulness" in dealing with Saudi oil in Europe, Rosneft Chief Executive Igor Sechin told reporters. "We will enter new markets, diversify supplies," he added. (Repo

Asia-Pacific Crude-ESPO weakens as Chinese demand fades

SINGAPORE, Oct 27 (Reuters) - The value of Russian ESPO crude weakened in the Asia-Pacific crude market, after premiums shot sharply higher earlier this month on Chinese and Japanese demand, traders said on Tuesday. Surgut sold an ESPO cargo loading Dec. 12-16 to a trader via a tender at a

LONDON MARKET MIDDAY: US Pointed Lower With Earnings And Fed In Focus

UPDATE 3-BP shrinks again to weather extended oil slump

* BP announces more spending cuts, asset sales in coming years * Restructuring charges to rise by another $1 bln by end 2016 * Shares rise after profits beat expectations (Updates with Dudley interview) By Ron Bousso and Karolin Schaps LONDON, Oct 27 (Reuters) - BP annou

WINNERS & LOSERS SUMMARY: Chemring Drops A Third On Contract Delay

NORWAY GAS-Flows to Europe broadly steady

OSLO, Oct 27 (Reuters) - Norwegian gas flows to Britain and continental Europe were broadly steady on Tuesday, data from gas system operator Gassco showed. Gas flows to Europe were running at 301 million cubic metres (mcm) per day by around 0945 GMT, compared with 303 mcm delivered on Monday.

LONDON MARKET OPEN: Stocks Dragged By Miners But BP Leads Gainers

London open: Stocks decline ahead of UK GDP

(ShareCast News) - London stocks declined on Tuesday ahead of the release of UK gross domestic product data that is expected to show economic growth slowed in the third quarter. GDP, to be released at 0930 GMT, is forecast to ease to 0.6% in the third quarter from 0.7% in the second quarter. On a ye

BUZZ-BP: top of FTSE 100 after results beat, capex cut

** Oil major BP up 2 pct, top of the FTSE 100 , after reporting Q3 profit ahead of analysts' estimates ** Co reports Q3 underlying replacement cost profit of $1.8 bln, compared with analysts' consensus of $1.2 bln ** Co also announces further spending cuts and asset sales to tackle an

BP profits hit by plunging oil price; announces capex cuts

(ShareCast News) - BP has reported a sharp fall in third quarter underlying replacement cost (RC) profit to $1.819bn (£1.2bn) from $3.03bn in 2014 as the company revealed the impact of plunging oil prices over the last year. The oil giant also set out plans for maintaining dividend payments through

BP Targets Balanced Cashflow By 2017 As Earnings Drop On Oil Prices

BP cuts capex for third time this year to deal with weak oil

LONDON, Oct 27 (Reuters) - Oil major BP has reduced its full-year capital expenditure (capex) for the third time this year as it grapples with a halving in oil prices. BP said on Tuesday that investments for this year would now come in at close to $19 billion, down from a previous estimate

Tuesday preview: UK GDP, US durable goods orders, BP's third quarter

(ShareCast News) - UK gross domestic product data on Tuesday is expected to show economic growth slowed in the third quarter compared to the previous three months. Analysts estimate GDP eased to 0.6% in the third quarter from 0.7% in the second quarter. However, on a year-on-year comparison, growth

NORWAY GAS-Flows to Britain steady

OSLO, Oct 26 (Reuters) - Norwegian gas flows to Britain were broadly unchanged on Monday from last Friday, while deliveries to continental Europe edged higher, data from gas system operator Gassco showed. Gas flows to Europe were running at 337 million cubic metres (mcm) per day by around 090