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CALGARY, Alberta, Dec 19 (Reuters) - Canadian cash crude prices were steady in thin trading on Thursday, holding on to recent gains despite Enbridge Inc and Kinder Morgan Energy Partners LP rationing pipeline space in January. Traders said the National Energy Board's approval of Enbridge's
Read moreNEW YORK, Dec 19 (Reuters) - Planned work on the 80,000-barrel-per-day Tri-States Natural Gas Liquids pipeline running from Mobile, Alabama, to Kenner, Louisiana, has been postponed to between July and August, Destin Pipeline Co LLC said late Wednesday in a website posting. The seven-to-10-
Read moreNEW DELHI, Dec 19 (Reuters) - India has added Italy's ENI to a list of foreign firms that can sell crude oil at official prices to state refiners, sources said, in the first such revision to the list since 2001. The move comes as India expands its sources for oil to meet soaring energy dem
Read moreISTANBUL, Dec 19 (Reuters) - A consortium including Turkish construction firm Tekfen Insaat signed a $975 mln deal with BP Exploration to build two offshore platforms in Azerbaijan's Shah Deniz project. The consortium consisted of engineering and project management companies Azeri Azfen, AM
Read moreBy Kathy Finn NEW ORLEANS, Dec 18 (Reuters) - An engineer charged in connection with the 2010 BP oil well blowout in the Gulf of Mexico was found guilty of one count of obstructing justice by a federal jury on Wednesday, officials said. Kurt Mix, 52, now a former BP Plc employee, had
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- Stocks trading within narrow range ahead of Fed - Fed decision due at 19:00 London time - BoE votes unanimously on policy, warns of sterling strength - UK unemployment falls to four-and-a-half-year low techMARK 2,697.26 +0.47% FTSE 100 6,492.08 +0.09% FTSE 250 15,366.70 +0.12% Markets finished b
Read moreBy Kathy Finn NEW ORLEANS, Dec 18 (Reuters) - An engineer charged with obstructing justice in connection with the 2010 BP well blowout in the Gulf of Mexico was found guilty on one count by a federal jury on Wednesday, officials said. Former BP Plc employee Kurt Mix, 52, had faced two
Read moreOil major BP announced on Wednesday afternoon that it has completed the upgrade of the Whiting facility in Northwest Indiana, designed to create one billion dollars per annum of additional future operating cash flow for the group. Whiting is BP's largest US refinery, processing 413,000 barrels per
Read moreHOUSTON, Dec 18 (Reuters) - BP Plc has finished the commissioning of all new major units associated with a $4 billion upgrade of the company's Indiana refinery to sharply increase its ability to process cheap Canadian heavy crude, the company said on Wednesday. The November startup of a new
Read moreRussia offered Ukraine a 20bn-dollar package to try to limit EU influence over the former Soviet republic, as oil giants BP and Statoil completed a big Azerbaijani gas deal that may cut EU reliance on Russian gas. Moscow has agreed to buy $15bn of Ukrainian debt and to reduce the price of Russian g
Read more* Writedown is $850 mln non-operating item, $230 mln operating * Will be taken in Q4-spokesman LONDON, Dec 18 (Reuters) - Oil company BP Plc announced a major oil discovery at its Gila prospect in the deepwater U.S. Gulf of Mexico on Wednesday along with a $1.08 billion writedown on
Read more- Taper speculation picks up ahead of Fed decision - MPC votes unanimously on policy, warns of sterling strength - UK unemployment falls to four-and-a-half-year low - Retailers under the weather techMARK 2,693.27 +0.32% FTSE 100 6,500.40 +0.22% FTSE 250 15,391.16 +0.28% UK markets held on to gains
Read more- Fed meeting in focus, decision due out after close - BoE minutes to be released this morning - M&S downgraded by UBS to 'neutral' - Oil stocks in focus after exploration updates techMARK 2,701.33 +0.62% FTSE 100 6,512.99 +0.41% FTSE 250 15,387.21 +0.25% Markets opened slightly higher on Wednesda
Read moreGeorge Osborne will today receive a veiled rebuke from the National Audit Office for claiming that he sold a substantial stake in Lloyds Banking Group at a profit for taxpayers when the transaction crystallised a loss of at least 230m pounds. The September sale of a 3.2bn-pound stake was managed eff
Read moreLONDON, Dec 18 (Reuters) - Britain's BP Plc said on Wednesday it had made a significant oil discovery at its Gila prospect in the deepwater U.S. Gulf of Mexico. "The Gila discovery is a further sign that momentum is returning to BP's drilling operations and well execution in the Gulf of Mex
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