BP Share News (BP.)

RPT-Best party mood for oil traders since 2008 price crash

(Repeats Sunday story without change) * London the venue for annual oil industry gatherings * Storage plays, price swings offer big profits By Dmitry Zhdannikov LONDON, Feb 8 (Reuters) - The oil price crash has meant slashed budgets, staff layoffs and mothballed projects f

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Best party mood for oil traders since 2008 price crash

* London the venue for annual oil industry gatherings * Storage plays, price swings offer big profits By Dmitry Zhdannikov LONDON, Feb 8 (Reuters) - The oil price crash has meant slashed budgets, staff layoffs and mothballed projects for big producers, but oil traders will celeb

Union says U.S. refinery strike widened; cites unfair labor practices

HOUSTON, Feb 7 (Reuters) - The United Steelworkers union said on Saturday the strike by U.S. refinery workers is expanding to two more plants early on Sunday due to unfair labor practices by oil companies. Walk-outs at BP Plc's Whiting, Indiana, refinery and the company's joint-venture ref

U.S. refineries strike to widen as walkouts planned at BP plants

HOUSTON, Feb 6 (Reuters) - A strike by U.S. refinery workers is set to widen late Saturday night as walkouts have been scheduled at BP Plc refineries in Indiana and Ohio, said a BP spokesman. Strikes by hourly workers represented by the United Steelworkers union (USW) are set to begin at BP

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Egypt's energy reforms spark rush of oil and gas deals

* Oil company debt repaid in-kind with exploration deals * Three major oil and gas deals worth $9.2 bln in works * LNG to align Egyptian fuel prices with global trends By Oleg Vukmanovic and Shadi Bushra MILAN/CAIRO, Feb 6 (Reuters) - Energy-hungry Egypt's willingness to

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UPDATE 1-Eni working with Goldman Sachs on gas and power spinoff -sources

* Assets in carve out still being discussed-source * IPO most likely way, possibly in 2016 - source * Eni seeking to sell assets to bolster cash flow (Adds source comments, background) By Pamela Barbaglia, Stephen Jewkes and Giancarlo Navach LONDON/MILAN, Feb 5 (Reuters)

BP to urge shareholders to support climate resolution

WASHINGTON, Feb 5 (Reuters) - BP Plc said on Thursday it will tell shareholders to back a resolution brought by investor activists calling on the oil major to improve transparency on its climate change risk exposure, following a similar move by Royal Dutch Shell Plc last week. "We consider

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Oil majors fail to find reserves to counter falling output

* Oil groups produced much more than they found last year * Oil and gas output fell in 2014, echoes trend over past decade * Graphic on oil majors' output: http://link.reuters.com/huh93w * Companies now making investment cuts to counter low oil prices By Tom Bergin and Ron

Russia can produce 50 mln T of hard-to-recover oil by 2020

MOSCOW, Feb 5 (Reuters) - Russia can produce 50 million tonnes of hard-to-recover oil annually by 2020 and another 25 million tonnes a year from its offshore fields, Deputy Energy Minister Kirill Molodtsov said on Thursday. "This is an absolutely realistic task even with issues related to s

UK BROKER RATINGS: Investec Cuts Smiths Group To Sell From Hold

Russia says global supply exceeds demand in 1.5-2 million bpd - Energy Ministry

MOSCOW, Feb 5 (Reuters) - Russian Energy Ministry estimates global supply exceeding demand by some 1.5-2 million barrels per day, Deputy Energy Minister Kirill Molodtsov said on Thursday. Russia is the world's leading oil producer and is not a member of OPEC oil producing nations. Global oi