BP Share News (BP.)

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

CORRECTED-BP to begin north Alexandria gas output in early 2017 - petroleum minister

(Corrects headline to say gas output (not oil output) and clarifies it means gas production in the lede) CAIRO, Oct 25 (Reuters) - British oil major BP will begin gas production at its north Alexandria concession in early 2017 rather than mid-2017, Egypt's petroleum minister Tarek El Molla

CORRECTED-BP to begin north Alexandria gas output in early 2017 - petroleum minister

(Corrects headline to say gas output (not oil output) and clarifies it means gas production in the lede) CAIRO, Oct 24 (Reuters) - British oil major BP will begin gas production at its north Alexandria concession in early 2017 rather than mid-2017, Egypt's petroleum minister Tarek El Molla

Rosneft to sell up to 0.4 mln tonnes of Urals on Baltics in spot tender for Nov - sources

MOSCOW, Oct 23 (Reuters) - Russia's Rosneft plans to sell up to 0.4 million tonnes of Urals crude in a spot tender, with delivery slated for November, two trading sources told Reuters on Friday. They added that the spot tender would be for deliveries from Russia's Baltic Sea ports. (R

NORWAY GAS-Flows to Britain surge after Nyhamna outage ends

OSLO, Oct 23 (Reuters) - Norwegian gas flows to Britain surged on Friday morning after an unexpected outage at the Nyhamna gas processing plant ended, data from gas system operator Gassco showed. Gas flows to Europe were running at 334 million cubic metres (mcm) per day by around 0700 GMT, up

BP To Invest USD229 Million With Partners On Three New Egyptian Blocks

BP And China National Petroleum To Expand Global Partnership

BP signs $10 bln gas supply deal with China's Huadian

LONDON, Oct 21 (Reuters) - Oil major BP has signed a $10 billion liquefied natural gas (LNG) supply deal with China's Huadian power producer, sealing the agreement as part of Chinese President Xi Jinping's state visit to Britain. BP will supply up to 1 million tonnes of LNG per year over 20

UK's Cameron says seals oil and gas deals worth over 12 bln pounds with China

LONDON, Oct 21 (Reuters) - British Prime Minister David Cameron said on Wednesday Britain had sealed oil and gas deals with China worth more than 12 billion pounds ($18 billion), including with BP Plc, during the state visit of President Xi Jinping. Listing companies with which Britain had

UPDATE 2-Russia's Rosneft says fire at Yugansk reservoir extinguished

(Adds company says fire is out) MOSCOW, Oct 21 (Reuters) - Oil output at Yuganskneftegaz, Rosneft's largest oil producing unit, has not been affected by a fire that killed one person at a reservoir at its Prirazlomnoye field, the company said on Wednesday. The fire, which broke out at

Russia's Rosneft says fire at Yugansk reservoir localised but not out

MOSCOW, Oct 21 (Reuters) - Russia's Rosneft, the world's top oil producer, has localised a fire at a reservoir at its Yuganskneftegaz unit but has not yet put it out completely, the company said in a written statement to Reuters. Yuganskneftegaz, Rosneft biggest oil producing unit, said the

BP restarts small CDU at Indiana refinery - sources

HOUSTON, Oct 20 (Reuters) - BP Plc has restarted a 75,000 barrels per day crude distillation unit at its 413,000 bpd refinery in Whiting, Indiana, after wrapping up planned work, according to sources familiar with operations at the plant. BP shut the unit Sept. 24 for up to 25 days of plann