BP Share News (BP.)

Broker tips: BP, Vodafone, Next

BP smashed consensus forecasts with its first-quarter results on Tuesday, though analysts at UBS said that the read-through for future years is limited for the moment. The Swiss bank maintained a 'neutral' rating and 450p target price for the oil major, saying that changes to outer-year forecasts ar

Turkey could triple Azeri gas buying via TANAP by 2026

By Orhan Coskun ANKARA, April 29 (Reuters) - Turkey could more than triple its purchases of Azeri natural gas once the planned $10 billion TANAP pipeline reaches full capacity in 2026, the general manager of the project told Reuters on Wednesday. Plans call for the Trans Anatolian Nat

UBS stays 'neutral' on BP despite huge beat with Q1 results

BP smashed consensus forecasts with its first-quarter results on Tuesday, though analysts at UBS said that the read-through for future years is limited for the moment. The Swiss bank maintained a 'neutral' rating and 450p target price for the oil major. "BP clean net income came in at $2,577m, a hu

BROKER RATINGS SUMMARY: Three Brokers Say Buy Auto Trader

LONDON MARKET CLOSE: FTSE 100 Reverses Three Days Of Gains

UPDATE 1-BP unwinding oil storage play as contango narrows

(Adds CFO comments) LONDON, April 28 (Reuters) - Oil major BP said it will gradually sell throughout 2015 more than $1.25 billion of oil it had stored earlier this year to seize on a futures market structure to boost profit. Traders including BP bought and stored oil throughout late 2

BP's trading unit Q1 results $300-350 mln stronger than average

LONDON, April 28 (Reuters) - First-quarter results posted by BP's trading unit were around $300-350 million stronger than in an average quarter, the oil major's chief financial officer said. BP said it had bought and stored more than $1.25 billion worth of oil in the first quarter, a strate

Shell to raise India LNG plant capacity by 50 pct in 2016/17

NEW DELHI, April 28 (Reuters) - India's Hazira LNG Ltd will expand the capacity of its liquefied natural gas (LNG) terminal on the west coast by 50 percent to 7.5 million tonnes per annum (mtpa) in the fiscal year to March 2017, a government panel report said. Royal Dutch Shell owns through

One In Three Centrica Shareholders Rejects CEO Conn's Pay Packet

FTSE 100 movers: Astrazeneca hit by rival success, Centrica higher on takeover preparations

Astrazeneca was trading lower after the results of a study showed US rival Merck's diabetes drug met heart-safety requirements. The British drug-maker's own treatment for the disease was recently required by US authorities to provide information about the risk of heart failure. Standard Chartered wa

BP unwinding oil storage play as contango narrows

LONDON, April 28 (Reuters) - Oil major BP said it will gradually sell throughout 2015 more than $1.25 billion of oil it had stored earlier this year to seize on a futures market structure to boost profit. Traders including BP bought and stored oil throughout late 2014 and early 2015 after a

LONDON MIDDAY BRIEFING: Osborne Uses GDP Figure As Warning

WINNERS & LOSERS: BP Rises As It Beats Expectations

TOP NEWS: UK GDP Growth Slows Ahead Of General Election

2nd UPDATE: BP Profit Hit By Oil Price Fall But Beats Market Consensus