BP Share News (BP.)

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

LONDON MARKET COMMENT: Stocks Lower As UK GDP Misses Expectations

WRAPUP 1-Refining helps BP and Total weather oil price storm

* Refining paying the bills at time of low oil prices * BP, Total post strong oil production growth * Oil firms cancel rig contracts to cut costs (Combines BP and Total results) By Ron Bousso and Michel Rose LONDON/PARIS, April 28 (Reuters) - BP and Total reported highe

London open: Stocks lower despite speculation on further Chinese easing

Ahead of the release of UK economic growth figures, the Footsie started the day moving lower is what was otherwise expected to be another light day in terms of economic data. Traders' focus was squarely on the latest batch of company results in the first hour, both in the UK and over on the continen

UPDATE 2-BP profit bests forecasts as refining offsets oil price slide

* BP reports Q1 profits of $2.6 billion * Doubling of refining profits offsets 86 drop in upstream * Dividends maintained (Recasts, adds details, share price) By Ron Bousso and Dmitry Zhdannikov LONDON, April 28 (Reuters) - BP reported higher than expected profit on Tues