BP Share News (BP.)

BP boss warns of severe impact on North Sea oil from ongoing supply glut

The North Sea oil industry is in for a "massive" shock as the global supply glut worsens, according to the chief executive of oil major BP. "We're going to see massive restructuring," Bob Dudley said at the CERAWeek energy conference in Houston on Tuesday. "The North Sea is a very high-cost basin a

Earnings, Trading Statements Calendar - Week Ahead

LONDON MIDDAY BRIEFING: Tesco CEO Says Turnaround Will Take Time

TOP NEWS: Tesco Posts Biggest Loss In Its Near 100-Year History

LONDON MARKET COMMENT: Stocks Lower As Pound Surges After BoE Minutes

LONDON MORNING BRIEFING: Tesco Shares Rise Despite Swing To Loss

Wednesday newspaper round-up: BP, Yahoo!, Labour

BP chief executive Bob Dudley has quashed speculation that he is looking for a megamerger, according to the Financial Times, cooling rumours that Shell's BG Group takeover could trigger a wave of massive deals in the oil industry. Profits at internet giant Yahoo! declined in the quarter ended 31 Mar

LONDON MARKET COMMENT: Stocks Seen Higher, As Tesco Swings To Loss

PRESS: BP Chief Cools Speculation Over Mega-Merger - FT

PRESS: BP Considering Non-Drilling Asset Sales In US - Bloomberg

Earnings, Trading Statements Calendar - Week Ahead

BP seeking bids for $2 bln in U.S. pipeline operations - Bloomberg

April 21 (Reuters) - BP Plc is seeking buyers for as much as $2 billion of U.S. pipelines and storage terminals, Bloomberg reported, citing people familiar with the matter. In the last two weeks, BP sent offering materials to potential buyers of two batches of assets - its interest in four

CERAWEEK-Statoil pushes oil industry to take bold climate steps

(Adds industry context, further quotes) By Ernest Scheyder HOUSTON, April 21 (Reuters) - The oil and natural gas industry cannot ignore climate change and must support work to help curb its effects through a carbon tax, increased natural gas production and other means, Statoil ASA Chi

CERAWEEK-BP CEO says doesn't see consolidation unless low oil prices prolonged

HOUSTON, April 21 (Reuters) - BP Plc Chief Executive Bob Dudley doesn't see a consolidation boom in the oil industry unless low crude prices linger, he said on Tuesday at the IHS CERAWeek energy conference in Houston. "I don't actually see the forces at work for lots of consolidation unless

BP calls on EU to exempt oil trading from capital regulation

By Dmitry Zhdannikov and Silvia Antonioli LAUSANNE, Switzerland, April 21 (Reuters) - BP called on Tuesday on European regulators to refrain from imposing stricter capital requirement and greater disclosure measures on oil trading, saying they could ultimately hit consumers. The head