BP Share News (BP.)

Russia's Rosneft plans to start oil output at Sakhalin Arkutun-Dagi field this month

MOSCOW, Sept 5 (Reuters) - Rosneft, Russia's top oil producer, plans to start oil production at the Sakhalin Arkutun-Dagi offshore field this month, the company said in a statement on Friday. The Arkutun-Dagi offshore field is part of the Sakhalin-1 project led by U.S. ExxonMobil. The field

MARKET COMMENT: UK Equities Mostly Down Ahead Of US Jobs Data

UK BROKER RATINGS: BP Suffers Price Target Cuts After Fine Ruling

BP can absorb new oil spill fine, analysts say

LONDON, Sept 5 (Reuters) - BP should be able to meet the cost of up to $18 billion of new fines for the 2010 Gulf of Mexico oil spill without major asset sales or a big cut in its dividend, analysts say. The oil group's shares dropped nearly 6 percent on Thursday after U.S. District Judge C

Friday newspaper round-up: BP, Tesco, Argentina

BP faces paying the maximum possible fine of $17.6bn over its Gulf of Mexico disaster after a judge in New Orleans ruled that the oil company was “grossly negligent”. The verdict, which BP has bitterly contested, sent shares in the company diving by nearly 6%, the worst one-day slide in

BP shares extend losses after U.S. oil spill ruling

LONDON, Sept 5 (Reuters) - Shares in BP extended losses on Friday, with the stock remaining impacted by a U.S. judge's decision that the oil major was 'grossly negligent' and 'reckless' over a 2010 Gulf of Mexico oil spill. BP's shares were down by 0.5 percent in early session trading, addi

BUZZ--BP upgraded by Citi

** BP upgraded by Citi after falling 5.9 percent yesterday, its biggest fall for four years. ** Faces additional fine of up to $18bln after being found grossly negligent in Gulf of Mexico spill. ** Citi estimate less than half that amount at $8.2bln. ** Raises to "buy" from "neu

UK MORNING BRIEFING: BP Shares Open Lower On US Fine Threat

REPEAT: UPDATE: BP To Appeal US Gulf Spill Ruling That Could Multiply Fine

Transocean welcomes court ruling on 2010 U.S. oil spill

Sept 4 (Reuters) - Transocean Ltd said a U.S. court ruling eliminates its financial risk for the underwater portion of a 2010 oil spill in the Gulf of Mexico after the judge found BP Plc grossly negligent. On Thursday, U.S. District Judge Carl Barbier ruled that BP was mostly at fault and t

UPDATE 5-BP 'grossly negligent' in 2010 U.S. spill, fines could be $18 bln

* BP to appeal ruling over blame for disaster * Judge has yet to assign damages from spill * BP shares fall 5.9 percent in U.S. trading (Adds quote on heightened liability risks for energy sector, paragraphs 9-10) By Anna Driver and Mica Rosenberg HOUSTON/NEW YORK, Sept

TIMELINE-BP oil spill litigation at a glance

Sept 4 (Reuters) - BP Plc was found "grossly negligent" on Thursday by a federal judge in connection with its role in the 2010 Gulf of Mexico oil spill. The decision by U.S. District Judge Carl Barbier in New Orleans, who oversees litigation related to the disaster, is likely to boost the British

Blending oil unit operating at BP Whiting refinery -sources

HOUSTON, Sept 4 (Reuters) - A blending oil unit shut since an Aug. 27 fire at BP Plc.'s 413,500 barrel per day (bpd) Whiting, Indiana refinery returned to production by Thursday morning, said sources familiar with operations at the refinery. The unit, which removes sulfur from distillate an

BUZZ-U.S. Stocks on the Move-BP, Christopher & Banks, retail stocks

(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for more market insights, including options activity, ; for the Day Ahead newsletter, http://link.reuters.com/mex49s; for the Morning News Call newsletter, http://link.reuters.com/nex49s) U.S.

London close: FTSE ends with modest rise after ECB, BoE, US data

The FTSE ended Thursday's session up 4.39 points following a busy day for investors around the globe, with rate decisions unveiled by both the Bank of England (BoE) and European Central Bank (ECB)The BoE's Monetary Policy Committee (MPC) decided to keep its main policy rate and the size of its asset