* New meeting of EU governments may be required for decisive action * Meeting Tuesday could decide on names, companies * Next summit scheduled for end-August * Economic sanctions could have heavy price for fragile EU By Barbara Lewis BRUSSELS, July 21 (Reuters) - For
Read moreBAKU, July 21 (Reuters) - Azerbaijan's oil and condensate output fell 2.8 percent in the first half of 2014, a source at the State Statistics Committee said on Monday, driven by declines at fields operated by BP. Falling output at the main Azeri, Chirag and Guneshli (ACG) oilfields had previo
Read more* Rosneft's shares sharply down * Company says to stick to dividend, strategy * Says sufficient liquidity to service debts (Adds detail, quotes, share price) MOSCOW, July 18 (Reuters) - Top Russian oil producer Rosneft said it would continue to work on existing projects and a
Read moreMOSCOW, July 18 (Reuters) - Russia's top oil producer, Rosneft, said on Friday it would continue to work on its existing projects and agreements and honour its obligations despite U.S. sanctions on the company over Moscow's role in the Ukraine crisis. The company, in which BP holds a 19.75
Read moreJuly 17 (Reuters) - A compressor failure caused flaring for about 10 minutes at the BP Plc 405,000-barrel-per-day (bpd) refinery in Whiting, Indiana, according to a report on the website of The Times of Northwest Indiana. The compressor was quickly restarted after it went offline, the rep
Read more(Adds details, background) By Rania El Gamal DUBAI, July 17 (Reuters) - Iraq's autonomous Kurdish region has begun to pump oil from Kirkuk fields previously controlled by Iraq's central government into the pipeline system that runs in its own territory, a senior Iraqi oil official sai
Read more* Russia prints pro-South Stream supplement in Italian paper * Tony Blair to be appointed to support Azeri gas to Europe By Henning Gloystein LONDON, July 17 (Reuters) - Russia is stepping up a public relations effort in support of its controversial South Stream gas pipeline pro
Read more(Adds Kiev says Russia shoots down jet) * New U.S. sanctions target Putin allies * Russian shares and rouble fall * Russia warns it will hit back By Steve Holland and Elizabeth Piper WASHINGTON/MOSCOW, July 17 (Reuters) - President Barack Obama imposed sanctions on s
Read more* Sanctions bar new debt of longer than 90 days maturity * Sanctions will "spur" Russia's modernisation - Rosneft chairman By Vladimir Soldatkin MOSCOW, July 17 (Reuters) - Oil trading operations at Russia's top oil company Rosneft will not be hurt by new U.S. sanctions, with de
Read moreLONDON, July 17 (Reuters) - BP said on Thursday it was studying the latest sanctions against Russia and that on first impression they appeared to focus on restricting access of sanctioned entities to U.S. medium and long-term debt and equity capital markets. BP has a stake of just under 20
Read more* New US sanctions target Putin allies * Russian shares and rouble fall * Russia warns it will hit back (Adds Russian reaction, shares and rouble fall) By Steve Holland and Elizabeth Piper WASHINGTON/MOSCOW, July 16 (Reuters) - President Barack Obama imposed the toughest
Read moreBy Joshua Schneyer and Edward McAllister NEW YORK, July 17 (Reuters) - President Barack Obama aimed a direct blow at Russia's economic heart on Wednesday with sanctions on Rosneft, the flagship oil giant that generates more than 4 percent of the world's crude and over 8 percent of the count
Read more(Adds BP statement) July 15 (Reuters) - A U.S. appeals court on Tuesday revived a lawsuit in which participants in four BP Plc employee retirement savings plans claimed they were deceived into buying and holding BP stock before and after the 2010 Deepwater Horizon disaster. The 5th U.
Read moreJuly 15 (Reuters) - A U.S. appeals court on Tuesday revived a lawsuit in which participants in four BP Plc employee retirement savings plans alleged they were deceived into buying and holding BP stock before and after the 2010 Deepwater Horizon disaster. The 5th U.S. Circuit Court of Appeal
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