BP Share News (BP.)

UPDATE 1-Riverstone Energy investment firm plans stock market debut

By Sarah Young LONDON, Sept 24 (Reuters) - Energy-focused private equity firm Riverstone Holdings is to list a new energy vehicle on the London Stock Exchange in an initial public offering that could raise up to 1.5 billion pounds ($2.4 billion). The new company, Riverstone Energy Lim

Broker Rating Changes Summary - Jefferies Raise Rolls-Royce Target

Riverstone to float new 550 mln stg energy vehicle in London

LONDON, Sept 24 (Reuters) - Energy focused private equity firm Riverstone said it would list a new energy vehicle, Riverstone Energy Limited (REL), on the main market of the London Stock Exchange in a move which will raise up to 550 million pounds ($882 million). The new company, whose shar

BP asks court to halt payments from Gulf oil spill settlement

HOUSTON, Sept 23 (Reuters) - BP Plc asked a U.S. court on Monday to halt payments from its settlement agreement for the 2010 oil spill in the Gulf of Mexico until the claims administrator improves accounting and anti-fraud controls. The request for an injunction was the latest in a string

DIRECTOR DEALINGS: BP Executives Acquire Shares

London open: Stocks slip despite Merkel victory in German elections

Stocks slipped into the red on Monday morning as investors digested this weekend's elections in Germany along with the uncertain outlook for monetary policy in the US. German Chancellor Angela Merkel's CDU/CSU party won 41.5% of the vote in the federal elections this weekend after winning 311 seats

Monday newspaper round-up: Ernst and Young, Tensions, Gas field

Further proof that Britain is hauling itself off the economic rocks is offered today with news that one of the Big Four accountancy firms is to add thousands to its ranks to cope with growing demand for business advice. Ernst and Young will hire 3,700 people in Britain alone by the end of June next

Britain pushing to ease sanctions on BP gas field - report

LONDON, Sept 22 (Reuters) - Britain could be close to agreeing a deal to ease sanctions that have stopped gas production from the North Sea's Rhum field, jointly owned by BP and the National Iranian Oil Co., the Mail on Sunday newspaper said. Production from the field, which once supplied

Failed Nabucco West plan still on EU priority list-sources

* Commission will officially announce list in October * Russia's South Stream not on the list * Baltic grid also on the list By Francesco Guarascio and Andrius Sytas BRUSSELS/VILNIUS, Sept 20 (Reuters) - The Nabucco West pipeline, which lost a contest to ship Azeri gas to

London close: Stocks hit by Bullard comments as post-Fed rally fades

The exuberant post-Fed mood quickly faded on Friday with comments from one US policymaker dampening stocks before the close of trade. Risk appetite was also scaled back as caution set in ahead of the German elections at the weekend with the outcome still highly uncertain. The FTSE 100 finished 28.

FTSE 100 movers: Tate & Lyle hit by Credit Suisse rating cut

Shares in food and sweeteners manufacturer Tate & Lyle were falling heavily on Friday after the stock's rating was cut by Credit Suisse from 'outperform' to 'neutral'. The bank said its greatest concern is a proposal in Mexico to tax soft drinks which would reduce demand the group's high-fructose

BP gains on takeover bid rumours

BP's shares rallied as investors speculated on rumours of a takeover bid by US energy giant Exxon Mobil. The oil and gas company has been surround by market chatter of a takeover since its share price was hit by the Gulf of Mexico disaster in 2010. BP has been forced to pay compensation after the

London midday: Stocks pause ahead of German elections

Stocks were trading broadly flat by Friday lunchtime as markets paused for breath in the aftermath of the Federal Reserve's surprise decision not to taper quantitative easing, though upside was limited ahead of the German elections this weekend. After a weak start, the FTSE 100 was more or less unc

STOCKS NEWS EUROPE-BP buoyed by ExxonMobil bid talk, Azerbaijan

Shares in oil major BP rise 1.6 percent, adding 5.1 points to the FTSE 100 and helping drag it into positive territory, with some traders citing resurfaced talk that U.S. energy giant Exxon Mobil could be about to bid for the UK-listed firm. Others, however, cite the impact of news late Thu

UK PRESS: Admin Costs For BP's Deepwater Settlement Hit USD600M - FT