(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
Read more** 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
Read more(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
Read moreLONDON, 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
Read more(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
Read moreOSLO, 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
Read more(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
Read more(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
Read moreMOSCOW, 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
Read moreOSLO, 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
Read moreLONDON, 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
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