BP Share News (BP.)

AGM, EGM Calendar - Week Ahead

Oil companies' profits hit by quest for crude price exposure

* Companies sought more price exposure ahead of crude collapse * Profits increasingly sensitive to oil price moves * Firms still hope oil prices will rise and justify strategy By Tom Bergin LONDON, April 13 (Reuters) - The drop in big oil companies' profits in the past eig

London midday: Miners fall as investors take profits after recent record

Hopes for further stimulus in China weren't enough to lift stocks in the mining sector on Monday, as risk appetite was scaled back in the aftermath of another record high for the Footsie. With both UBS and Citigroup making downwards revisions to their iron ore forecasts, mining stocks were sold off

Monday broker round-up

BP: Bank of America downgrades to neutral. BG Group: Investec upgrades to hold, Deutsche reiterates buy and 1,460p target. HSBC: Morgan Stanley upgrades to equalweight. IMI: Investec downgrades to hold. Fresnillo: Bank of America upgrades to buy. Anglo American: Citi downgrades to sell and decre

London open: FTSE pulls back from all-time high as mining stocks decline

London's FTSE 100 retreated from a fresh record on Monday morning as investors took profits ahead of a busy week for global financial markets, with shares in the mining sector in particular under pressure. The Footsie was trading 0.24% lower at 7,072.78 early on after settling at a new all-time clos

AGM, EGM Calendar - Week Ahead

LONDON MARKET CLOSE: FTSE 100 And FTSE 250 Reach New Record Highs

AGM, EGM Calendar - Week Ahead

Middle East state spending throws lifeline to oilfield services

(Refiles to add byline) * GRAPHIC on Gulf spending: http://link.reuters.com/gap44w * MENA states have no option but to keep spending * Some OFS companies see strong bid pipeline for 2015 By Claire Milhench LONDON, April 10 (Reuters) - Oil majors may have slashed capi

AGM, EGM Calendar - Week Ahead

Flooding, ice close highway to Alaska's North Slope oilfields

By Steve Quinn JUNEAU, April 9 (Reuters) - Alaska's lone road to North Slope oilfield operations has been shut for days while emergency crews divert flood waters from an adjacent river and oil companies fly provisions to the Arctic region, state and company officials said on Thursday. Read more

U.S. DOE buys 4.3 bbls of oil to replenish strategic reserve

By Valerie Volcovici WASHINGTON, April 9 (Reuters) - The U.S. Department of Energy on Thursday announced it has awarded BP Products North America and Noble Americas contracts to deliver nearly 4.2 million barrels of crude oil for the Strategic Petroleum Reserve to replenish oil it sold last

AGM, EGM Calendar - Week Ahead

BUZZ-Trading in Shell/BG departs from recent M&A norm

** Weakness on heavy volumes in Royal Dutch Shell shares on Wednesday a departure from trend seen in current M&A wave which has seen, for the most part, share prices of the acquirer rising when deals are announced ** Shareholders have cheered the use of cash to buy rather than spend on ca

UPDATE 8-Shell challenges Exxon dominance with $70 bln bid for BG

* Third-biggest oil and gas deal ever by enterprise value * BG developing ambitious projects in Brazil, Australia and Egypt * Oil price plunge evokes previous era of major mergers * BG shares soar in heavy trading (Adds detail on prospects for other deals, challenges for combi