BP Share News (BP.)

Halliburton Settles Remaining Issues On Deepwater Horizon Incident With BP

UPDATE 3-BP settles oil spill-related claims with Halliburton, Transocean

(Adds statement from plaintiffs' attorneys) May 20 (Reuters) - BP Plc has settled with oilfield services provider Halliburton Co and contract driller Transocean Ltd cross claims related to the 2010 Gulf of Mexico oil spill, the worst offshore disaster in U.S. history. BP still faces a

Halliburton, BP dismiss claims against each other in U.S. Gulf oil spill

May 20 (Reuters) - U.S. oilfield services provider Halliburton Co said it has reached an agreement with BP Plc to resolve issues related to the Gulf of Mexico oil spill in 2010. The company said the agreement includes the dismissal of all claims against each other related to the spill. <

Dolphin die-off in Gulf of Mexico spurred by BP oil spill - scientists

By Letitia Stein TAMPA, Fla., May 20 (Reuters) - A record dolphin die-off in the northern Gulf of Mexico was caused by the largest oil spill in U.S. history, researchers said on Wednesday, citing a new study that found many of the dolphins died with rare lesions linked to petroleum exposure

Wednesday broker round-up

BHP Billiton: Credit Suisse reiterates outperform and 1,350p target. Associated British Foods: Credit Suisse reiterates outperform and 3,250 target. BP: RBC Capital ups target to 500p from 490p and reiterates outperform. Royal Dutch Shell: Canaccord Genuity reiterates buy and 2,275p target. Vedan

Shell joins BP in calls against excessive trading regulation

By Dmitry Zhdannikov and Ron Bousso LONDON, May 20 (Reuters) - Royal Dutch Shell joined fellow oil company BP on Wednesday in calling on European regulators to refrain from imposing stricter capital requirements and greater disclosure measures on oil trading. Last month, the head of B

BP increases stake in Egypt gas field after DEA farm down

LONDON, May 19 (Reuters) - BP has increased its share in the $12 billion West Nile Delta gas field in Egypt to above 80 percent after buying a stake from DEA, the energy group owned by Russian billionaire Mikhial Fridman. Germany-based DEA said it had sold roughly half of its stake in the f

UK oil majors eyeing enhanced partnerships in Mexico, says Pemex official

Blue chips BP, BG Group and Shell, along with midcap Premier Oil are eyeing further opportunities in Mexico as the country's drive to attract foreign direct investment and private sector participation in the oil and gas sector moves up a gear. A senior official from Pemex, the country's dominant nat

BP Forms Marine Fuel Joint Venture With Sinopec Fuel Oil

UPDATE 1-BP, Sinopec start Singapore-based bunker fuel joint venture

(Adds sales volume and details) SINGAPORE, May 19 (Reuters) - British oil major BP and China's Sinopec Fuel Oil are starting a Singapore-based joint venture in ship fuel storage and sales, BP said in a statement on Tuesday. The 50/50 joint venture, which builds on a similar agreement

BP, Sinopec start Singapore-based bunker fuel joint venture

SINGAPORE, May 19 (Reuters) - British oil major BP and China's Sinopec Fuel Oil are starting a Singapore-based joint venture in ship fuel storage and sales, BP said in a statement on Tuesday. The 50/50 joint venture will use both companies' existing bunkering locations and activities in Si

Soaring L.A. jet prices attract Asian imports

By Rory Carroll SAN FRANCISCO, May 18 (Reuters) - Wholesale jet fuel prices in the Los Angeles market remained high on Monday due to maintenance issues at refineries along the West Coast, prompting shipments from Korea and Japan that are expected to arrive in early June, traders said on Mo

U.S. Cash Products-Gulf gasoline slides on refinery work delay

* Chicago ULSD stronger, most Midwest steady or little changed * NY harbor RBOB slightly weaker, M2 conventional gasoline steady HOUSTON, May 18 (Reuters) - U.S. Gulf Coast cash gasoline differentials slid on Monday as the market absorbed a report from last week that Marathon Petroleum C

London close: Stocks end with small gains but upside limited

London's FTSE 100 managed to finish in the green after a choppy session, though upside was limited by continuing uncertainty in Greece. The Footsie settled 8.38 points higher at 6,968.87, ending well below the intraday high of 7,015.49 but firmly above the intraday low of 6,931.64. While mining sto

UPDATE 2-BP agrees to cut spending on Iraq's Rumaila field after oil price drop

* BP agrees with Iraq to cut development budget on field by $1 bln * Drop in crude prices has hit country's oil revenue hard * Baghdad delays oil contract negotiations as prices rally * Oil majors believe production-sharing contracts unlikely (Adds quotes, details on contracts