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(Adds background, Boehner comment) By Patricia Zengerle WASHINGTON, Dec 15 (Reuters) - The Obama administration has not yet made a decision on whether the president will sign a bill authorizing new sanctions against Russia over its activities in Ukraine, a senior administration offici
Read moreWASHINGTON, Dec 15 (Reuters) - The Obama administration is looking at a bill that would authorize new sanctions on Russia over its activities in Ukraine, and has not yet made a decision on whether the president will sign the measure, a senior administration official said on Monday. The offi
Read moreBRUSSELS, Dec 15 (Reuters) - European Union competition authorities gave conditional clearance on Monday for oil major BP to acquire jet fuel business Statoil Fuel and Retail Aviation (SFRA). The European Commission said BP had committed to divesting SFRA's activities at Stockholm, Malmo, G
Read more(Corrects year in para 3) LONDON, Dec 7 (Reuters) - BP is to axe middle managers and could freeze projects as it grapples with the plummeting oil price, The Sunday Times reported, citing finance director Brian Gilvary. "What you'll see with this simplification plan is that headcounts
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Petrofac, Tullow Oil, BP, Shell and a host of stocks exposed to the oil price were suffering heavy losses on Friday. Oil and gas engineer Weir, however, was bouncing back after recent declines following an upgrade by Canaccord Genuity from 'hold' to 'buy'. The broker said the stock's valuation now l
Read moreWeaker-than-expected data from across the globe and a continued plunge in oil prices meant that there was no let-up in the sell-off for UK equity markets on Friday. Stocks were falling for the fifth day straight, with shares in the oil and gas sector faring the worst. London's FTSE 100 was down a s
Read moreLONDON, Dec 12 (Reuters) - BP and Husky Energy on Friday started operations at the Sunrise oil sands project in Canada, paving the way for oil production in the first quarter next year, BP said in a statement. The project was initially expected to start producing oil by the end of this yea
Read more(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter, http://link.reuters.com/mex49s; for the Morning News Call newsletter, http://link.reuters.com/nex49s) U.S. stock index futures were up slightly on Thursday, after
Read moreInvestec came away from BP's seminar this week with largely positive comments, saying that the oil major delivered a "confident upstream update" despite the recent sharp drop in oil prices to below $65 a barrel. However, the broker said that with uncertainties surrounding Russia and the continued fa
Read moreUK stocks retreated into the red after a positive start on Thursday as renewed concerns about the health of the Eurozone pressured mining stocks lower. Markets had edged higher early on after finishing the previous session at a five-week low, but gains were quickly erased after it was revealed that
Read more(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter, http://link.reuters.com/mex49s; for the Morning News Call newsletter, http://link.reuters.com/nex49s) U.S. stock index e-mini futures rose slightly on Thursday: Do
Read more(Adds outlook, details, U.S. acquisition, share movement) Dec 11 (Reuters) - John Wood Group Plc, a British energy services company, said it expected relative resilience in 2015 helped by its largely reimbursable order book and range of longer-term contracts. The company, which provid
Read moreUK stocks edged higher on Thursday after sinking to a five-week low, though gains were only modest ahead of a data-heavy session. The FTSE 100 was up 0.3% at 6,520 early deals, helped by a small rebound in the energy sector. A three-day sell-off wiped 3.5% off the value of the Footsie and sent the
Read moreDec 11 (Reuters) - John Wood Group Plc, a British energy services company, said it had secured a $750 million, five-year contract from BP for engineering, procurement and construction services in Grangemouth, Scotland. The company, which earlier won a subsea contract from BP for the Shah De
Read moreBy Douglas Busvine NEW DELHI, Dec 11 (Reuters) - Russian President Vladimir Putin visits India on Thursday in an attempt to revive a historic friendship that has faded over the years, seeking to improve cooperation in energy, defence and nuclear power. He flies to New Delhi for his fi
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