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TBILISI, April 3 (Reuters) - British oil major BP announced the appointment of Joe Murphy as a new vice president in charge of the Southern Corridor project, including development of the Shah Deniz II gas field in Azerbaijan. BP, Statoil, Azeri state energy company SOCAR and other firms ar
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UK stocks are set to start today's session on a positive note, tracking gains seen in the US ahead of the ECB's latest policy meeting and following positive Chinese services data as per the latest Services Markit/HSBC services purchasing managers index (PMI). City sources predict the FTSE 100 will
Read more(The opinions expressed here are those of the author, a columnist for Reuters.) --Clyde Russell is a Reuters market analyst. The views expressed are his own.-- By Clyde Russell LAUNCESTON, Australia, April 3 (Reuters) - That Australia's oil refining industry is uncompetitive in
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LONDON (Alliance News) - BP PLC Wednesday said Independent non-executive Director Ian Davis acquired 135 shares in the company at a USD8.110 reference price each. The shares were acquired through the BP scrip dividend programme. BP shares Wednesday closed at 485.40 pence, up 0.2%.
Read moreBy Dmitry Zhdannikov and Silvia Antonioli LAUSANNE, April 2 (Reuters) - Oil majors have put up for sale assets worth more than $300 billion and more could come as shareholders press for lower capital expenditure and higher dividends, according to a major private equity player investing in e
Read moreLONDON (Alliance News) - Marks and Spencer Group PLC is planning to open 250 new stores outside the UK over the next three years, as part of its global expansion plans.
M&S currently operates a total of 455 stores in 53 territories outside the UK, as well as nin
LAUSANNE, Switzerland, April 2 (Reuters) - Global commodities trading is undergoing profound changes as banks pull out from the sector while trading houses adapt to new regulations and expand into physical assets. Top executives and co-owners of some of the world's largest trading houses di
Read moreLONDON (Alliance News) - The following is a summary of top news stories Wednesday.
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COMPANIES
---------- BP PLC announced it intends to halt refinery operations at its major Bulwer Island refinery in Brisbane, Australia by mid-20
LONDON (Alliance News) - BP PLC Wednesday announced that it intends to halt refinery operations at its major Bulwer Island refinery in Brisbane, Australia by mid-2015, as the Australian operations of major commodities players continue to struggle. The oil and gas major said the growth of ve
Read moreLONDON (Alliance News) - BP PLC Wednesday announced that it intends to halt refinery operations at its major Bulwer Island refinery in Brisbane, Australia by mid-2015, as the Australian operations of major commodities players continue to struggle. The oil and gas major said the growth of ve
Read more(Adds Sinochem Quanzhou, updates Sichuan) April 2 (Reuters) - State-owned Sinochem has got approval from the National Development and Reform Commission for preliminary work for a 1.0 million tonnes per year (tpy) ethylene project in Quanzhou of the southeastern Fujian province, the company sa
Read more* BP blames competition from mega-refineries in Asia * Says considering converting refinery in Brisbane into an import terminal * Australian refineries have mostly booked losses in recent years * BP's west coast Kwinana refinery part of growth strategy (Adds details, company,
Read moreSYDNEY, April 2 (Reuters) - BP said on Wednesday it will cease production at its Bulwer Island refinery in Brisbane by mid 2015 as it restructures its struggling refining and marketing business in Australia. Australia's refineries, owned by BP, Royal Dutch Shell , ExxonMobil and Caltex, are
Read more* Barra says Feinberg to look at possibly helping victims' families * CEO says 'disturbing' if GM weighed cost of part replacement (Updates with Barra testimony) By Ben Klayman and Eric Beech WASHINGTON, April 1 (Reuters) - General Motors CEO Mary Barra, under intense grilling
Read more* Russia, West in standoff over Ukraine * Rosneft building LNG plant with ExxonMobil * Rosneft to launch plant by 2018-19, sees gas output up (Adds details, background) By Denis Pinchuk MOSCOW, April 1 (Reuters) - Russia's Rosneft, said on Tuesday it was on track to star
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