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* Second pipeline could take another five-to-10 years * Decision on winning project expected by mid-2013 BRUSSELS, Feb 13 (Reuters) - Both of the projects vying to pipe Azeri gas to the European Union can be built but not yet, a senior official from one of them said on Wednesday. <
Read moreReal-time equity news [E U] U.S. stock market report 1334 ET 13Feb2013-BP options traders own April volatility with $44 strike calls -------------------------------------------------------------------------------- Option volume on BP Plc was active for a third straight trading session sin
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After a subdued start, London's FTSE 100 index finished with decent gains on Wednesday to set a new five-year high with analysts putting the strong performance down to the weaker pound. Sterling slumped today - down 0.82% against the dollar at 1,5534 - after the Bank of England said that inflation
Read moreOil and gas group Tullow rose strongly today after posting a four per cent rise in annual pre-tax profits on the back for strong sales and output. Pre-tax profits in 2012 totalled 1.11bn dollars, ahead of analysts' expectations. Irish building materials group CRH was one of the best performers on
Read more* Rosneft says to expand cooperation with Exxon * Rosneft set to fold new licences into JV with Exxon -source MOSCOW, Feb 13 (Reuters) - Russia's top oil producer Rosneft will move its new licences into its tie-up with North American major ExxonMobil to tap into the country's vast Ar
Read moreLondon's FTSE 100 index was still in negative territory by Wednesday lunchtime, albeit well off its intraday low, as all eyes turned to the Bank of England (BoE) and the release of its three-monthly inflation report. While Governor Sir Mervyn King admitted that output has been broadly flat for the
Read moreMOSCOW, Feb 13 (Reuters) - Russia's top oil producer Rosneft said on Wednesday its had signed a $14.2 billion financing deal to back its purchase of half of TNK-BP from a consortium of Soviet-born billionaires. Rosneft agreed a deal last year to buy Anglo-Russian oil firm TNK-BP from its
Read moreMOSCOW, Feb 13 (Reuters) - Russia's Deputy Energy Minister Pavel Fyodorov, who served as state oil company Rosneft's top financial official before joining the government, has resigned, the ministry said on Wednesday. Fyodorov is close to Rosneft CEO Igor Sechin and sources close to both me
Read moreUK stocks opened moderately lower ahead of the Bank of England's (BoE's) inflation report due out at 10:30, as well as a number of important economic indicators elsewhere. "European stock markets are largely mixed Wednesday, staying in a tight range as traders tread carefully ahead of the G-20 meet
Read moreBy Kristen Hays HOUSTON, Feb 12 (Reuters) - BP Plc has seven contracted rigs drilling wells in the Gulf of Mexico nearly three years after its disastrous Macondo oil spill - and more eyes and ears on each well than ever before, the company says. As part of its repeated promises to sho
Read moreWASHINGTON, Feb 12 (Reuters) - A Republican lawmaker has urged U.S. authorities not rush to settle with BP Plc under the U.S. Clean Water Act in a court case starting this month related to the 2010 Deepwater Horizon oil spill. David Vitter, the top Republican on the Senate Committee on Env
Read more* Forties bid at dated plus 40 cents * Refinery maintenance expected to bite * Swaps edge into slight contango at front LONDON, Feb 12 (Reuters) - North Sea Forties crude differentials held steady on Tuesday, with bidders unwilling to go above Monday's levels given that the market is
Read moreLONDON, Feb 12 (Reuters) - Gas production at Britain's CATS Riser Platform in the North Sea will fall to zero from Feb 21-23, operator BP said on Tuesday. "Zero availability of CATS Riser Platform," the operator said in a market message, without giving further details. The platform fe
Read more* BP signs 20-year deal with Freeport LNG in Texas * BP will have capacity to export 4.4 mtpa of LNG NEW YORK, Feb 11 (Reuters) - BP has signed an agreement to export natural gas overseas from the United States, becoming the latest energy giant seeking to profit from a huge rise in do
Read more* Forties bid up to dated plus 40 cents * Market gives cautious welcome to Shell move * BP agrees to trade on amended terms LONDON, Feb 11 (Reuters) - North Sea Forties crude differentials edged higher on Monday, although no cargoes traded as sellers remained on the sidelines.
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