BP Share News (BP.)

UPDATE 1-Russia's Rosneft says Q1 profit up 30 pct, meets forecast

* Rosneft revises down Q1 2014 net income * Rosneft values Q1 losses from tax changes at 22 bln rbls * Rosneft says Q1 net income down 5 pct to $43.3 bln * Rosneft's shares down more than 2 percent on the day (Adds detail) By Vladimir Soldatkin MOSCOW, June 26 (Reu

Russia's Rosneft says Q1 profit up 30 pct to 56 bln roubles

MOSCOW, June 26 (Reuters) - Rosneft, Russia's top oil producer, said on Friday its first-quarter net profit rose by 30 percent year-on-year to 56 billion roubles ($1 billion). Analysts, polled by Reuters, expected net income of 58 billion roubles. Rosneft said its January-March reven

UPDATE 1-Penn Virginia shares rise on report of BP offer

(Adds Penn Virginia's response) June 25 (Reuters) - Penn Virginia Corp's shares rose as much as 23 percent on Thursday following a report that BP Plc had offered to buy the U.S. oil and gas producer for $8 per share. The offer, which values the company at about $573 million, represen

BUZZ-Penn Virginia Corp: Rises on report of BP offer

** Oil and gas producer's shares rise as much as 19 pct to $5.30 ** BP offered to buy Penn Virginia for $8/share, financial news website Proactive Investors said, citing sources familiar with the matter ** Offer represents 80 pct premium to Penn Virginia's Wednesday close ** Pen

Penn Virginia shares rise on report of BP offer

June 25 (Reuters) - Penn Virginia Corp's shares rose as much as 15.5 percent on Thursday following a report that BP Plc had offered to buy the U.S. oil and gas producer for $8 per share. The offer, which values the company at about $573 million, represents an 80 percent premium to Penn Virg

Kinder Morgan to start up second Texas condensate splitter in July

HOUSTON, June 25 (Reuters) - Kinder Morgan Inc aims to start up its second condensate splitter at its Houston Ship Channel complex next month, a spokeswoman said. The 50,000 barrels per day splitter is slated to begin commissioning next week to test all systems leading to startup, the spoke

MEDIA-BP makes a US$8 per share bid for Penn Virginia - ProactiveInvestors

-- Source link: (http://bit.ly/1eJjp4g) -- Note: Reuters has not verified this story and does not vouch for its accuracy

Big oil companies must work harder on climate, says U.N.

By Susanna Twidale LONDON, June 25 (Reuters) - Oil companies should urgently intensify their efforts to fight climate change, the United Nations climate chief said in a letter replying to six European firms. "I would call on you to devote urgent attention to scaling this action up and

John Wood First Half Results To Be Weaker But Dividend To Increase

CORRECT: BROKER RATINGS SUMMARY: Deutsche Bank Upgrades Shell To Buy

BROKER RATINGS SUMMARY: Deutsche Bank Upgrades Shell To Buy From Hold

UPDATE 1-U.S. Senate confirms Neffenger as new transportation security chief

(Adds vote count, statement from lone dissenting Senator) WASHINGTON, June 22 (Reuters) - The U.S. Senate on Monday confirmed President Barack Obama's choice of Peter Neffenger to be the next head of the Transportation Security Administration, the agency charged with securing U.S. airports.

Azeri Shah Deniz gas project awards subsea contracts

BAKU, June 22 (Reuters) - Norway's FMC Kongsberg Subsea AS and Britain's OneSubsea (UK) Ltd have won contracts for subsea infrastructure totalling $363 million for Azerbaijan's Shah Deniz gas field. A consortium led by BP said it awarded the construction contracts to help develop the Shah

Fitch downgrades BP outlook to negative on oil price, spill

LONDON, June 22 (Reuters) - Ratings agency Fitch on Monday downgraded its outlook on BP's long-term issuer default rating (IDR) to negative from stable citing a possible rise in debt as a result of lower crude prices and liabilities over the 2010 Gulf of Mexico oil spill. It affirmed BP's I

Egypt agrees deal with BP for LNG supply

By Oleg Vukmanovic and Abdel Rahman Adel MILAN/CAIRO, June 22 (Reuters) - Egypt has agreed a liquefied natural (LNG) supply deal with British oil major BP through 2015 and 2016, but for less than first proposed, Egyptian officials and trade sources said. BP will supply 16 cargoes un