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HOUSTON, April 12 (Reuters) - April-delivery CARBOB gasoline finished with a gain of 1.25 cents a gallon at 11.25 cents a gallon over May NYMEX RBOB gasoline on Friday in the Los Angeles spot market, as refinery problems persisted in northern and southern California, traders said. BP Plc.'s
Read moreLONDON, April 12 (Reuters) - British gas and power utility SSE expanded its portfolio of North Sea gas interests on Friday by acquiring a 50 percent stake in the Sean gas field from BP, it said. The 117.4 million-pound ($180.42 million) sale, which has now been finalised, will provide for a
Read moreHOUSTON, April 12 (Reuters) - A malfunction on Wednesday at BP Plc's 405,000 barrel per day (bpd) Whiting, Indiana refinery did not affect production at the refinery, sources familiar with refinery operations said on Thursday. Energy industry intelligence service Genscape said the refinery
Read more* Oil firms reveal Egypt owes them $5 bln, half overdue * Apache says has $1 bln political risk insurance for Egypt * Upstream investments still strong, to exceed $8 bln By Dmitry Zhdannikov LONDON, April 12 (Reuters) - Egypt owes at least $5 billion to oil companies, half
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Oil giant BP has announced that its Executive Vice President of Corporate Business Activities, Dr Byron Grote, retired from the role on Thursday's annual general meeting (AGM). Grote was appointed as an Executive Director of BP in August 2000. No further details were given about his departure.
Read more* Little, if any, oil export growth up to June * Pipeline pump problem at export facilities in south * Competitive pricing lures buyers By Peg Mackey LONDON, April 11 (Reuters) - Pipeline bottlenecks at Iraq's southern ports are preventing OPEC's second-biggest producer fr
Read moreBy Steve Slater LONDON, April 12 (Reuters) - Say sorry, give back some of the money and become an adviser. Playing cricket and keeping a low profile also seem to help. These appear to be the best routes to rehabilitation or at least a more peaceful life for bankers in Britain blamed a
Read more* Woodside says to consider other floating LNG, other options * Western Australian govt wanted onshore plant for jobs boost * Floating LNG option could cut Browse capex by 20 pct-analyst * Woodside shares rise 3 percent By Rebekah Kebede PERTH, April 12 (Reuters) - W
Read moreCyprus needs to find an extra six billion euros to contribute to its own bailout, pushing the aid bill to 23bn euros, according to a leaked draft of an updated rescue plan. The Guardian says that much of this shortfall is expected to come from savers at its struggling banks. "Portugal could struggl
Read moreHOUSTON, April 11 (Reuters) - April-delivery CARBOB gasoline rose 2 cents to be priced at 10 cents a gallon over May NYMEX RBOB gasoline in the Los Angeles spot market on Thursday due to work at two California refineries, traders said. BP Plc's 240,000 barrel-per-day (bpd) Los Angeles-area
Read moreCANBERRA, April 12 (Reuters) - Australian oil and gas producer Woodside Petroleum is expected to shelve plans for its $30 billion Browse liquefied natural gas project at James Price Point, according to media reports on Friday. The paper said the decision, to be announced as early as Friday,
Read moreAt BP's annual general meeting (AGM), six per cent of investors voted against the re-election of Carl-Henric Svanberg as Chairman of the group. Including abstentions, 9.0% of shareholders declined to support the oil giant's existing Chairman, according to the Daily Telegraph. On the issue of exec
Read moreLONDON, April 11 (Reuters) - The shareholder rebellion against BP's remuneration policy shrank this year, after the oil major made progress in untangling its Russian investments and reducing uncertainty over oil spill liabilities. Investors representing just 5.88 percent of shares voted aga
Read moreLONDON, April 11 (Reuters) - Standard Life Investments, a top investor in BP has called on the oil company to shake up its remuration code which it says could reward executives for meeting unchallenging targets. Speaking at BP's annual shareholder meeting, Guy Jubb, global head of governanc
Read more(Adds quotes, background) MOSCOW, April 11 (Reuters) - Russia's government is considering selling a 19 percent stake in state-controlled oil major Rosneft this year as part of plans to speed up privatisation, Economy Minister Andrei Belousov said. Russia's plan to sell stakes in large
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