BP Share News (BP.)

BUZZ-UK Oil Cos: Jefferies reshuffles ratings

** Jefferies updates ratings on oil cos, seeing value in the beaten-down sector ** Tullow Oil up 3.1 pct, second-largest large-cap gainer in Europe as Jefferies upgrades rating to "hold" ** Analysts upgrade stock, which is down 49 pct YTD, as it now trades near Jefferies' revised PT o

BROKER RATINGS SUMMARY: Goldman, Jefferies, Charles Stanley Change BP

Goldman Sachs cuts oil forecasts; upgrades Total and BP

(ShareCast News) - Goldman Sachs cut its 2016 Brent oil price forecast to $49.5 a barrel from $62 and warned there is a risk prices could fall to as low as $20, noting that OPEC production has surprised sharply on the upside and Iran has the potential to ramp up in 2016. The bank said the market wil

LONDON BRIEFING: Miners, Kingfisher Lead Calm End-Of-Week Trade

Broker tips: StanChart, BP, Tullow Oil

(ShareCast News) - The largest UK banks face several further operational headwinds which the market may not be fully factoring in yet, analysts believe. Foremost among those is the 2018 implementation of the IFRS9 accounting standard regarding provisions, which will be half again as high as IAS39. T

LONDON MARKET CLOSE: China Growth Fears Remain As Fed Choice Looms

Bernstein upgrades BP; highlights ability to weather oil price storm

(ShareCast News) - Bernstein upgraded oil giant BP to 'outperform' from 'market perform' and kept the price target unchanged at 450p. It said that given recent relative share price performance, it sees attractive upside of more than 30%. It noted that BP has underperformed the European oil and gas

BROKER RATINGS SUMMARY: Exane BNP Cuts Lloyds And Barclays

BUZZ-Oil and gas companies: crude reality

** Oil companies and service providers fall heavily as oil prices drop below $48 per barrel ** Weak Japanese and Chinese economic data fuels concerns over global demand while a rating cut by S&P on Brazil also takes bite out of sector ** Oil prices have been dipping on concerns over a

LONDON BRIEFING: Mixed Fortunes For UK Food And Non-Food Retailers

UPDATE 1-Norway sees dip in oil firms applying for drilling permits

(Adds energy minister's quote, background) OSLO, Sept 9 (Reuters) - A total of 43 oil firms have asked for drilling permits in Norway's annual licensing round in so-called mature areas of its continental shelf, down from 47 last year, the country's Oil and Energy Ministry said on Wednesday.

UK North Sea Oil & Gas Industry Continues To Battle Market Downturn

Norway says 43 firms applied for drilling permits in mature areas

OSLO, Sept 9 (Reuters) - A total of 43 oil firms have asked for drilling permits in Norway's annual round of license awards in so-called mature areas of its continental shelf, down from 47 last year, the country's Oil and Energy Ministry said in a statement. Statoil, BP and Royal Dutch Shel

BROKER RATINGS SUMMARY: Numis Upgrades Hargreaves Lansdown To Add

Russia may increase oil output by 1 pct in 2015 - Interfax

MOSCOW, Sept 9 (Reuters) - Russia, the world's top oil producer, may increase its oil output by 1 percent this year, Energy Minister Alexander Novak was quoted as saying by Russian news agencies on Wednesday. "This year, we expect output in line with last year, maybe (even) with a moderate