BP Share News (BP.)

UPDATE 1-BP and partners to invest $12 bln in Egypt Gas deal

(Adds details) LONDON/CAIRO, March 6 (Reuters) - British oil company BP expects to invest around $12 billion with its partners as part of a finalised West Nile Delta concession deal to develop 5 trillion cubic feet of gas resources and 55 million barrels of condensates. The supply de

TOP NEWS: China's Fosun Seals Thomas Cook Partnership With 10% Stake

BP gives green light for $12bn Egyptian investment project

BP has confirmed it is to plough ahead with its £12bn West Nile Delta (WND) project in Egypt, with production slated to begin in 2017. The oil and gas giant said the 65%-owned project would produce up to 1.2bn cubic feet a day for sale into the local market, roughly a quarter of Egypt's current gas

BP and partners to invest $12 bln in Egypt Gas deal

LONDON, March 6 (Reuters) - British oil major BP expects to invest around $12 billion with its partners as part of a finalised West Nile Delta deal to develop 5 trillion cubic feet of gas resources and 55 million barrels of condensates. BP said production from the project was expected to r

BP To Invest USD12 Billion With Partner In Egypt's West Nile Delta

UK And Mexico To Work Together On Energy As BP, Shell Sign Agreements

BP expects investment decision on Tangguh LNG expansion in 2016

SINGAPORE, March 5 (Reuters) - Britain's BP said on Thursday it expects to make a final investment decision (FID) next year on expansion of its Tangguh liquefied natural gas (LNG) in Indonesia, which will add 3.8 million tonnes per year of new capacity. A sales and purchase agreement for 40

Traders question Louisiana infrastructure for new oil storage contract

By Catherine Ngai NEW YORK, March 4 (Reuters) - A novel oil futures storage contract, which debuts as the market struggles to find places to stow oil stockpiles, may flounder because of infrastructure constraints, traders say. On Wednesday, CME Group Inc said it was starting a physically

UPDATE 1-BP Whiting small FCCU now operating normally -sources

(Adds BP no comment) March 4 (Reuters) - The 65,000 barrel per day (bpd) gasoline-producing fluidic catalytic cracking unit at BP Plc's 413,500 bpd Whiting, Indiana, refinery was operating normally on Wednesday after returning to production overnight, sources familiar with plant operations

BP Whiting small FCCU operating normally after return -sources

March 4 (Reuters) - The 65,000 barrel per day (bpd) gasoline-producing fluidic catalytic cracking unit was operating normally on Wednesday at BP Plc's 413,500 bpd Whiting, Indiana, refinery after returning to production overnight, said sources familiar with plant operations. The 65,000 bpd

UPDATE 1-Russia's Rosneft says 2014 net profit falls 10 pct

(Adds details, background) MOSCOW, March 4 (Reuters) - Rosneft, Russia's top oil producer, said on Wednesday that its 2014 net profit was 350 billion roubles ($5.7 billion), down 10 percent year-on-year, due to unfavourable economic conditions. Rosneft said its 2014 revenues were 5.5

BP to sell stake in major North Sea gas pipeline

LONDON, March 4 (Reuters) - Oil major BP has put up for sale its stake in one of Europe's biggest natural gas pipelines in the North Sea as part of its ongoing asset disposal programme. BP holds a 36 percent interest in the 404-kilometre subsea Central Area Transmission System (CATS) that r

Russia's Rosneft management recommends 8.2 rbls/share in 2014 dividends

MOSCOW, March 4 (Reuters) - Russia's Rosneft management recommended its board paying 8.2 roubles per share in 2014 dividends, the company said in its presentation on Wednesday. Rosneft, which posted 350 billion roubles ($5.64 billion) in 2014 net profit, plans to spend 87 billion roubles

Russia's Rosneft says 2014 net profit falls 10 pct to 350 bln roubles

MOSCOW, March 4 (Reuters) - Rosneft, Russia's top oil producer, said on Wednesday that its 2014 net profit was 350 billion roubles ($5.7 billion), down 9.8 percent year-on-year. In the fourth quarter, its net profit was 89 billion roubles. Rosneft said its 2014 revenues were 5.5 trill

Tesco says former BP executive to join board as non-exec

LONDON, March 4 (Reuters) - Tesco, Britain's biggest retailer, has beefed-up its board with the appointment of Byron Grote, a former BP chief finance officer, as a non-executive director from May 1. The firm also said on Wednesday that non-executive director Gareth Bullock would retire from