BP Share News (BP.)

U.S. refinery deal hits roadblocks at 8 striking plants

By Erwin Seba HOUSTON, March 16 (Reuters) - A tentative national agreement to end a six-week strike at twelve U.S. refineries has struggled to win ratification at eight plants as workers and companies struggle to settle local issues, according to union officials. The deal reached on T

First supertanker unloads oil at new Vopak-Dialog terminal in Malaysia

Pengerang, MALAYSIA, March 16 (Reuters) - A supertanker has docked at a joint-venture terminal between Vopak and Dialog Group in Malaysia and will unload about 1 million barrels of Middle East crude, the companies said on Monday. The world's largest independent storage company and its partn

U.S. appeals ruling on size of BP oil spill

WASHINGTON, March 14 (Reuters) - The U.S. government is appealing a federal court ruling that reduced the potential penalty BP Plc must pay for the 2010 Gulf of Mexico oil spill by almost $4 billion. The appeal, which was filed on Friday in U.S. District Court in New Orleans, challenges a J

UPDATE 2-Puma Energy buys UK's Milford Haven refinery site for oil storage

* Firm co-owned by Trafigura and Angola enters UK * UK increasingly reliant on fuel imports * Will increase Puma's storage capacity by 25 pct (Adds details, analyst comment) By David Sheppard and Himanshu Ojha LONDON, March 13 (Reuters) - The shuttered Milford Haven oil

UPDATE 3-Eni becomes first oil major to cut dividend as seeks to fund growth

* Suspends share buyback, stock ends down 4.6 pct * Cuts investments 17 pct in 2015-2018 to 48 billion euros * Targets annual output growth of 3.5 percent (Adds fund manager, details, shares) By Stephen Jewkes and Ron Bousso MILAN/LONDON, March 13 (Reuters) - Italy's Eni

MARKET COMMENT: FTSE 100 Ends Down As Oil Prices Resume Fall

BUZZ-ENI divi cut highlights risks to payouts at peers

** ENI's decision to cut its dividend is likely to put pressure on big oil peers in similar positions where the ability to fund payouts from profits is getting stretched ** ENI in the worst state among peers, with trailing DPS three times that of EPS, but others not far behind. Chart: http:

UPDATE 1-Repairs continuing on BP Whiting refinery small FCCU -sources

(Adds BP no comment) HOUSTON, March 13 (Reuters) - Repairs were continuing on the shut 65,000 barrel per day (bpd) gasoline-producing fluidic catalytic cracking unit at BP Plc's 413,500 bpd Whiting, Indiana, refinery, sources familiar with plant operations said on Friday. The FCCU, wh

Repairs continuing on BP Whiting refinery small FCCU -sources

HOUSTON, March 13 (Reuters) - Repairs were continuing on the shut 65,000 barrel per day (bpd) gasoline-producing fluidic catalytic cracking unit at BP Plc's 413,500 bpd Whiting, Indiana, refinery, sources familiar with plant operations said on Friday. The FCCU, which is the smaller of two a

Kurdish oil deal with Baghdad unravels as tensions rise

By Isabel Coles, Rania El Gamal and Dmitry Zhdannikov ARBIL/LONDON, March 13 (Reuters) - A four-month-old oil deal between Iraq and the semi-autonomous Kurdistan region is close to unravelling after payments from Baghdad dried up, prompting Arbil to threaten to sue buyers and ramp up indepe

MARKET COMMENT: London Trades Flat; JD Wetherspoon Margins Squashed

CORRECTED-UPDATE 1-Shell CEO's total pay soars to $25.7 mln

(Corrects Shell CFO name in paragraph 4 to Simon Henry, not Henry Simon) LONDON, March 12 (Reuters) - Royal Dutch Shell Chief Executive Ben van Beurden will earn a total 24.2 million euros ($26 million) for 2014, making him one of the highest-earning FTSE 100 bosses despite last year's sha

UPDATE 6-Union says tentative deal reached to end U.S. refinery strike

(Adds comment from Shell) By Erwin Seba HOUSTON, March 12 (Reuters) - The United Steelworkers union and oil companies have reached a tentative deal to end the largest U.S. refinery strike in 35 years, the labor group and people familiar with the negotiations said on Thursday. Th

US IG CLOSE-Eight deals raise over US$14bn

By Mike Gambale NEW YORK, March 12 (IFR) - Below is a recap of primary issuance activity in the US high-grade market on Thursday. Number of deals priced: 8 Total issuance volume: US$14.05bn Average new issue concession: 8.83 Average book to cover: 3.86 THE JM S

US high-grade supply to top US$50bn for week

By Natalie Harrison NEW YORK, March 12 (IFR) - The US high-grade market was firing on all cylinders Thursday with eight deals due to price for more than US$14bn total, which would make this the third-largest issuance week on record. Following the second-biggest week ever just last wee