BP Share News (BP.)

London open: Stocks gain as PBoC increases reference rate

(ShareCast News) - London stocks gained on Friday morning as China's central bank increased the reference rate for the first time since implementing a new fixing policy. The People's Bank of China raised the value of the yuan against the dollar by 0.05% after three days in a series of devaluations.

Russia's Rosneft plans to increase oil output - reports

MOSCOW, Aug 14 (Reuters) - Russia's Rosneft, the world's top listed oil producer by output, plans to increase oil output, Chief Executive Igor Sechin told Prime Minister Dmitry Medvedev on Friday, according to news agency Interfax. Sechin added that production at Yuganskneftegaz, Rosneft's

LONDON BRIEFING: Greek Parliament Approves Debt Bailout Conditions

BUZZ-Oil producers and service providers: pain again

** Oil producers and oilfield service providers down as U.S. crude oil prices fell below $42 a barrel after new build in U.S. stockpiles put global glut back in focus ** U.S. crude last down 16 cents at $42.07 a barrel. Brent futures were trading at $49.33 barrel ** Oil support servic

LONDON MARKET PRE-OPEN: Oil Price Tumble Will Suppress Stock Gains

PRESS: BP Faces Fresh Fines For Rigging US Natural Gas Market - FT

TIMELINE-U.S. judge upholds gas market manipulation charge against BP

Aug 13 (Reuters) - A U.S. judge on Thursday found that BP Plc manipulated the natural gas market in 2008, as alleged by the U.S. energy regulator, but did not address a proposed $28 million fine or any other penalties. The administrative law judge's decision upheld the Federal Energy Regul

UPDATE 2-U.S. judge upholds gas market manipulation charge against BP

(Adds BP conduct and BP comment) Aug 13 (Reuters) - A U.S. judge on Thursday found that BP Plc manipulated the natural gas market in 2008, as alleged by the U.S. energy regulator, but did not address a proposed $28 million fine or any other penalties. The administrative law judge's de

CORRECTED-CANADA CRUDE-Heavy Canadian crude languishes near multi-year lows

(Corrects spelling of analyst's last name to Forrest, not Forest, paragraph 9) * Sept WCS trades at $19.45/bbl below WTI * Sept synthetic trades at $4.75/bbl below WTI By Nia Williams CALGARY, Alberta, Aug 13 (Reuters) - The outright price of Canadian heavy crude was mired

UPDATE 1-BP to shut Whiting, Indiana hydrotreater for up to 42 days of work-source

(Adds information on crude unit shutdown) NEW YORK, Aug 13 (Reuters) - BP Plc plans to shut down a jet hydrotreater at its 413,500 barrel-per-day refinery in Whiting, Indiana in the second week of September for up to 42 days of planned maintenance, according to a person familiar with the pl

BP to shut Whiting, Indiana hydrotreater for up to 42 days of work-source

NEW YORK, Aug 13 (Reuters) - BP Plc plans to shut down a jet hydrotreater at its 413,500 barrel-per-day refinery in Whiting, Indiana in the second week of September for up to 42 days of planned maintenance, according to a person familiar with the plant's operations. The start date may get m

U.S. refinery outages give European gasoline late boost

* About 1.7 mln tonnes of gasoline booked in August * Outages at Whiting, Philadelphia refineries limit supplies By Simon Falush and Ron Bousso LONDON, Aug 13 (Reuters) - A string of refinery outages across the United States and unrelenting demand for gasoline in the country hav

UPDATE 1-Leaks in piping caused shutdown of BP Whiting large crude unit-sources

(Adds details about outage, background on unit, paragraphs 4-9) HOUSTON, Aug 13 (Reuters) - The discovery of leaks in piping, which could pose a fire hazard, caused Saturday's shutdown of the largest crude distillation unit at BP Plc's 413,500-barrel-per-day (bpd) refinery at Whiting, Indi

BP Whiting large crude unit shut by piping leaks -sources

HOUSTON, Aug 13 (Reuters) - The largest crude distillation unit at BP Plc's 413,500-barrel-per-day (bpd) Whiting, Indiana, refinery was shut on Saturday afters leaks were found in piping, sources familiar with plant operations said on Thursday. The leaks were found in overhead piping leadin

Thailand's PTT to buy LNG from Shell, BP in long term contracts

BANGKOK, Aug 13 (Reuters) - Thai state energy firm PTT PCL has won approval to buy a total of 2 million tonnes a year of liguefied natural gas (LNG) from Shell Eastern Trading (PTE) and BP Singapore PTE Ltd in long term contracts, the energy minister said on Thursday. Shell Eastern and BP