* Vopak says 420,000 cubic metres crude storage ready in March * BP leases more than half of the capacity; the remainder to Total (Adds details) By Florence Tan SINGAPORE, Feb 3 (Reuters) - World's largest independent storage company Vopak will start operations at the first co
Read moreUK stocks surged on Tuesday on the back of optimism surrounding Greece's proposed debt plan, while rising commodity prices gave resource shares a boost. Within the first hour of trade, the FTSE 100 was up 1.1% at 6,857, led by gains in the oil and mining sectors, with BP among the best performers af
Read more** Oil majors BP & BG, scrambling to deal with a halving of crude prices that has eaten into profits, both up after Q4 ** BP beat Q4 forecasts, with underlying replacement cost profit at $2.2 bln vs expectations of $1.5 bln ** Maintained quarterly divi at 10 cents per ordinary share,
Read moreSINGAPORE, Feb 3 (Reuters) - World's largest independent storage operator Vopak will start operations at crude oil facilities in Malaysia in March, a senior company official said on Tuesday. The facilities for crude storage, blending and distribution services will be Southeast Asia's first
Read moreOptimism surrounding Greece's proposed debt plan is expected to lead to a higher open on UK stock markets on Tuesday. City sources predict the FTSE 100 will open 23 points higher than Monday's close of 6,782.55. The new government in Greece has proposed using debt swaps for new growth-linked bonds,
Read moreLONDON, Feb 3 (Reuters) - Associated British Foods said it would write down the value of its investment in Vivergo Fuels Ltd by 98 million pounds ($147 million) due to falling crude oil and bioethanol prices and the further weakening of the euro against sterling. Vivergo Fuels owns and ope
Read moreBP has slashed its investment budget for 2015 by $4bn-6bn after swinging to a non-adjusted loss in the fourth quarter after taking billions of dollars of impairment charges on the back of a lower oil price. The oil major reported a replacement cost (RC) loss of just under $1bn for the three months t
Read more