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BAKU, March 1 (Reuters) - British oil major BP said on Friday its oil output at Azerbaijan's Azeri-Chirag-Guneshli fields was down 7 percent in 2012, falling more than the country's total reported crude output, while its output from the Shah Deniz gas field rose. BP said in a press release
Read more* BP to have two seats on Rosneft board * BP to raise stake in Rosneft * Dudley would be on board with ex-East German secret agent turned investment banker By Vladimir Soldatkin MOSCOW, March 1 (Reuters) - Russia has offered BP CEO Bob Dudley a seat on the board of directo
Read moreMOSCOW, March 1 (Reuters) - Russia has offered BP CEO Bob Dudley a spot on the board of directors of state-controlled oil company Rosneft, in which BP is soon to raise its stake, a decree signed by Prime Minister Dmitry Medvedev showed on Friday. State-owned Rosneft is buying TNK-BP for $55
Read more(Combines urgents, adds details, background) HOUSTON, Feb 28 (Reuters) - A storage tank pump fire was extinguished at Marathon Petroleum Corp's 451,000 barrel per day (bpd) Galveston Bay Refinery in Texas City, Texas, on Thursday afternoon, about an hour after it broke out, according to loc
Read moreHOUSTON, Feb 28 (Reuters) - A storage tank pump fire was extinguished at Marathon Petroleum Corp.'s 451,000 barrel per day (bpd) Galveston Bay Refinery in Texas City, Texas, about an hour after it broke out, according to local media reports. Marathon spokesman Shane Pochard said the fire br
Read moreBy Kristen Hays NEW ORLEANS, Feb 28 (Reuters) - BP Plc's investigation of its disastrous 2010 Gulf of Mexico blowout did not address cost overruns on the well, the executive who ran the probe said on Thursday - the final day of testimony this week in the massive civil trial over the spill.
Read moreHOUSTON, Feb 28 (Reuters) - A fire broke out on Thursday afternoon on a storage tank pump at Marathon Petroleum Corp's 451,000 barrel per day Galveston Bay Refinery in Texas City, Texas, which was owned by BP Plc until the first of this month, according to local media repors. Bruce Clawson
Read moreBy Kristen Hays NEW ORLEANS, Feb 28 (Reuters) - BP Plc's investigation of its 2010 Gulf of Mexico well rupture and oil spill did not address cost overruns, the executive who ran the probe testified on Thursday. Plaintiffs argue that concerns over expenditure led crew members to rush
Read moreBy Diane Bartz WASHINGTON, Feb 28 (Reuters) - President Barack Obama intends to name Edith Ramirez, once a colleague of his at the Harvard Law Review, as chairwoman of the Federal Trade Commission, a White House official said on Thursday. Ramirez, a Democrat who worked for Obama durin
Read more* Framework for integration talks with Rosneft agreed * TNK-BP's 2012 net income down 13 percent to $7.58 bln * TNK-BP shares up 4.5 pct, outpacing flat broader market MOSCOW, Feb 28 (Reuters) - Russian crude producer TNK-BP , which is being taken over by state oil company Rosne
Read more* Algeria needs investors to develop new gas fields * Britain wants to reduce its LNG dependency on Qatar * Security a main concern to investors By Henning Gloystein and Peg Mackey LONDON, Feb 28 (Reuters) - Britain wants to wriggle a little freer from its dependency on Qa
Read moreLONDON, Feb 28 (Reuters) - Production at the North Sea Clair field has returned to normal output following an unplanned shutdown earlier this week, a spokesman for BP said on Thursday. However, one market source said exports have been delayed by three to five days after problems at the fiel
Read moreMOSCOW, Feb 28 (Reuters) - TNK-BP International, the main unit of Russia's TNK-BP that is being taken over by state oil company Rosneft, said on Thursday its 2012 net income fell by 13 percent to $7.58 billion. In the fourth quarter of last year the company's net was also down year-on-year,
Read moreLONDON, Feb 28 (Reuters) - The CATS Riser Platform, one of Britain's key gas production facilities, will shut down for maintenance from Aug. 1-Sept. 15, operator BP said. The platform is part of the Central Area Transmission System (CATS) which can handle more than 48 million cubic metres o
Read moreBy Kathy Finn Feb 27 (Reuters) - A boat collided with an inactive oil and gas well near New Orleans on Tuesday night, causing a small oil spill, the U.S. Coast Guard and the operator of the well said on Wednesday. The accident occurred at about 7 p.m. local time on Tuesday, when a 42-
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