BP Share News (BP.)

UK BROKER RATINGS: Investec Upgrades RBS To Hold From Sell

Shell boss gets $25.7 million payout

LONDON, March 12 (Reuters) - Royal Dutch Shell Chief Executive Ben van Beurden's total compensation for 2014 will be 24.2 million euros ($25.7 million), including 5.6 million euros in salary, bonus and shares plus pension and other items, the company said on Thursday. Shell spokeswoman Sal

Court upholds dismissal of manslaughter charges against BP employees

March 11 (Reuters) - A federal appeals court upheld a district judge's decision to drop manslaughter charges against two former BP Plc well site managers over their roles in the 2010 Gulf of Mexico oil drilling disaster that killed 11 people. Robert Kaluza and Donald Vidrine were the two hi

About 1,000 laid off by Husky oil sands contractor, union says

CALGARY, Alberta, March 11 (Reuters) - About 1,000 construction workers employed by a contractor at Husky Energy Inc's Sunrise oil sands project were laid off unexpectedly on Wednesday, a union official confirmed. Izzy Huygen, a Fort McMurray, Alberta, representative of the Christian Labour

Husky says C$3.2 bln Sunrise oil sands project begins production

CALGARY, Alberta, March 11 (Reuters) - Husky Energy Inc , Canada's No.3 integrated oil producer and refiner, said on Wednesday it has started oil production at the C$3.2 billion ($2.5 billion) Sunrise oil sands project it co-owns with BP Plc. The company, controlled by Hong Kong billionaire

MARKET COMMENT: FTSE 100 Ends Higher As Bargain Hunters Tuck In

TANAP gas pipeline project sees shareholding deal with BP soon

By Maja Zuvela BUDVA, Montenegro, March 11 (Reuters) - The Trans-Anatolian Natural Gas Pipeline (TANAP) project expects BP to resolve outstanding issues soon to become a stakeholder in the multi-billion dollar project that aims to reduce Europe's reliance on Russian gas, a TANAP official sa

Azeri energy firm SOCAR to resume drilling at Umid gas deposit

BAKU, March 11 (Reuters) - Azerbaijan state energy company SOCAR plans to resume drilling at the Umid gas deposit in the Caspian Sea this week, SOCAR's first vice-president said. SOCAR had halted drilling at Umid in October and issued a tender for the joint exploration of Umid and Babek, tw

European ports set to lose LNG supply to Egypt this summer

MILAN, March 11 (Reuters) - Europe is likely to attract fewer liquefied natural gas (LNG) shipments than previously expected this summer as Egypt gears up to become the region's top-paying importer, traders said, potentially increasing gas prices in northwest Europe. While analysts still ex

UPDATE 1-Azerbaijan's oil output seen down 4 pct in 2015

(Adds details, background) BAKU, March 11 (Reuters) - Azerbaijan is likely to cut oil production by 4 percent to 40.3 million tonnes (806,000 barrels per day) this year while keeping gas output unchanged, a senior official at the state energy company SOCAR said on Wednesday. "So far,

Azerbaijan's oil output seen down 4 pct in 2015

BAKU, March 11 (Reuters) - Azerbaijan is likely to cut its oil production by 4 percent to 40.3 million tonnes (806,000 barrels per day) this year while keeping its gas production unchanged, a senior official at state energy company SOCAR said on Wednesday. "So far, we expect the same volume

RPT-UPDATE 1-Exxon, Shell's spending patterns may help them through oil price drop

(Repeats March 10 story with no change to text) * Two biggest oil firms have finished major projects * Exxon, Shell able to cut 2015 spending * All oil majors face 2015 negative cashflow * Set to increase borrowing easily to cover shortfalls By Ron Bousso and Dmitry

UPDATE 1-Exxon, Shell's spending patterns may help them through oil price drop

* Two biggest oil firms have finished major projects * Exxon, Shell able to cut 2015 spending * All oil majors face 2015 negative cashflow * Set to increase borrowing easily to cover shortfalls (Adds link to graphic) By Ron Bousso and Dmitry Zhdannikov LONDON, Marc

MARKET COMMENT: London Resources Stocks Plunge On Weak Commodities

London close: FTSE plunges 2.5% to seven-week low as commodity stocks tank

A stronger US dollar and falling commodity prices led to a rout in the heavyweight energy and mining sectors on Tuesday, pushing the FTSE 100 down 2.5% to its lowest level in seven weeks. The Footsie ended the day down 173.63 points at 6,702.84, with ongoing concerns about Greece further weighing on