BP Share News (BP.)

India disallows Reliance from cost recovery of $2.4 bln - minister

NEW DELHI, July 14 (Reuters) - India has disallowed Reliance Industries Ltd from recovering $2.376 billion invested to develop offshore gas fields in the D6 block on the country's east coast as output has fallen drastically and is way below the promised volumes, the oil minister said. Under

UK BROKER RATINGS: JPMorgan Raises Royal Dutch Shell To Overweight

DIRECTOR DEALINGS: BP Executives Acquire Shares

Carbon import tariffs could torpedo global climate deal- EU official

By Ben Garside LONDON, July 10 (Reuters) - A move by the European Union to impose duties on carbon-intensive imports would scupper the chances of striking a global agreement to tackle climate change next year, the bloc's top climate official said on Thursday. European leaders have agr

Global oil exploration nears $1 trillion - where are the finds?

* New oilfield development drop to lowest since 1999 * Global reserve replacement ratio falls steeply * Enhanced oil recovery from mature field is partial solution By Ron Bousso LONDON, July 10 (Reuters) - Two years ago Total's chief Christophe de Margerie launched a "hig

Research shows Gulf of Mexico oil spill caused lesions in fish -scientists

By Barbara Liston ORLANDO, Fla., July 9 (Reuters) - Oil that matches the 2010 Deepwater Horizon spill in the Gulf of Mexico has been found in the bodies of sickened fish, according to a team of Florida scientists who studied the oil's chemical composition. "We matched up the oil in th

Pascagoula gas plant to modify ops due to NGL line shutdown-Destin

July 9 (Reuters) - Destin Pipeline Co LLC said on Wednesday the Pascagoula Gas Processing Plant (PGP) plans to modify operations during a scheduled shutdown of the Wilprise natural gas liquids pipeline. Wilprise will shut its natural gas liquids pipeline on July 14 to conduct planned mainte

UK North Sea oil and gas companies' profitability near 5-year low

LONDON, July 9 (Reuters) - North Sea oil and gas companies made the lowest profits in nearly five years during the first three months of this year, British data showed on Wednesday. The Office for National Statistics said the rate of profit at firms exploring for and extracting oil and gas

UK BROKER RATINGS: Nomura Cuts Unilever To Reduce

UK MORNING BRIEFING: Deutsche Bank Raises Shell View, Cuts BP

UPDATE 4-Maersk plans $1.7 bln Brazil writedown; sells oilfield stake

* BP, Anadarko, IBV are partners in areas hit by writedown * Maersk sells 40 pct of Polvo field to Brazil's HRT * Writedown questions Maersk's oil strategy, analyst says (Adds Wood Mackenzie analyst on Brazil's subsalt plays, paragraphs 8-12) By Ole Mikkelsen and Jeb BlountRead more

RPT-Fitch: Weak European Refining Margins Unlikely To Recover Soon

(Repeat for additional subscribers) July 8 (Reuters) - (The following statement was released by the rating agency) European refining margins are likely to remain weak for at least the next one to two years due to overcapacity, demand and supply imbalances, and competition from oversea

London close: FTSE lifted by US jobs and ECB meeting

- FTSE 100 closes up 48.84 points at 6,865.21 - Non-farm payrolls provide reassurance - ECB maintains policy techMARK 2,852.06 +0.69% FTSE 100 6,865.21 +0.72% FTSE 250 16,028.96 +0.83% Stocks climbed to a positive finish after making fairly steady gains throughout what was a session packed full w

Alaska governor says design work to start on new LNG project

JUNEAU, Alaska July 3 (Reuters) - The state of Alaska and four energy firms have signed a joint-venture agreement to begin preliminary work on an 800-mile natural gas pipeline from the North Slope to a liquefied natural gas (LNG) export plant, Governor Sean Parnell said Wednesday. The agree

FTSE 100 movers: Sports Direct leads rises

Sports apparel retailer Sports Direct was also rising strongly after shareholders yesterday narrowly voted through a bonus scheme that will see founder Mike Ashley receive £200m in shares. Antofagasta was boosted by reports that the group is to cut jobs and costs as it combines its El Tesoro and Es