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BAKU, Jan 29 (Reuters) - BP said on Wednesday it had extracted first oil at the rate of 6,000 barrels per day at its offshore West Chirag platform in Azerbaijan. Gordon Birrell, an official at BP Azerbaijan, also said that the company plans to reach production of 60,000 barrels per day, or
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29 Jan 14 06:27By Jonathan Stempel Jan 28 (Reuters) - Two former BP Plc well site managers have failed to win the dismissal of involuntary manslaughter charges over their roles in the 2010 Gulf of Mexico oil drilling disaster, which killed 11 people. In a decision late Monday, U.S. District Judge St
28 Jan 14 17:58LONDON, Jan 28 (Reuters) - Algeria's In Amenas gas plant, which was attacked by Islamist militants a year ago, will be operating at full capacity within weeks as work on the last of its three processing units is nearing completion, a senior Algerian energy official said. In Amenas produced
28 Jan 14 17:29By Valerie Volcovici WASHINGTON, Jan 28 (Reuters) - Lifting a decades-old ban on the export of most U.S. crude oil would raise domestic gasoline prices and squander the United States' new-found energy security, according to an analysis published Tuesday by a group with close ties to the Obama
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28 Jan 14 16:07LONDON (Alliance News) - The following is a summary of top news stories Tuesday.<br /><strong>----------</strong><br /><strong>COMPANIES</strong><br />----------<br /><strong>F&C Asset Management</strong> PLC said it has reached an agreed GBP708 million deal to be acquired by Bank of Montr
28 Jan 14 11:01LONDON (Alliance News) - Infrastrata PLC Tuesday said BP Gas Marketing Ltd has decided to relinquish its option to acquire 50.495% of the shares of Islandmagee Storage Ltd. The petroleum exploration and gas storage company, with operations in the UK, said BP Gas Marketing, a subsidiary of U
28 Jan 14 08:57LONDON (Alliance News) - AMEC PLC Monday said its AMEC Tekfen Azfen consortium has been awarded a USD974 million contract for BP PLC-operated stage 2 development of the Shah Deniz gas field in the Caspian Sea. In a statement, AMEC said it will contribute its project and construction managem
28 Jan 14 07:55Amec has won a 974m-dollar contract with BP for the second stage of development of the Shah Deniz gas field in the Caspian Sea. The engineering giant, through its Amec Tekfen Azfen (ATA) consortium, will provide its project and construction management services. The contract covers the fabrication,
28 Jan 14 07:07LONDON (Alliance News) - The following UK shares received analyst recommendations Monday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />BARCLAYS RAISES LONDON STOCK EXCHANGE PRICE TARGET TO 2200 (1800) PENCE - 'OVERWEIGHT' <br />----------<br />NUMIS RAISES LONDON
27 Jan 14 10:10* Resource nationalism easing, say oil bosses * Countries compete for capital to develop resources * Oil majors get bigger bargaining power * Majors on capital diet, new players get bigger chances By Dmitry Zhdannikov DAVOS, Switzerland, Jan 25 (Reuters) - Oil execut
27 Jan 14 10:00SINGAPORE, Jan 27 (Reuters) - Jurong Aromatics Corporation (JAC) could start trial runs at its $2.4 billion petrochemical complex in Singapore by April, sources close to the company said on Monday. The project includes a 100,000 barrels per day (bpd) condensate splitter and an aromatics com
27 Jan 14 07:59* Resource nationalism easing, say oil bosses * Countries compete for capital to develop resources * Oil majors get bigger bargaining power * Majors on capital diet, new players get bigger chances By Dmitry Zhdannikov DAVOS, Switzerland, Jan 25 (Reuters) - Oil execut
25 Jan 14 13:34LONDON (Alliance News) - The following UK shares received analyst recommendations Friday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />KEPLER CHEUVREUX STARTS BP WITH 'BUY' - PRICE TARGET 545 PENCE <br />----------<br />KEPLER CHEUVREUX STARTS BG GROUP WITH 'HOLD
24 Jan 14 10:06
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