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("2nd UPDATE: Obama: BP Oil Spill Like An 'Epidemic'," at 8:59 p.m. EDT Tuesday incorrectly attributed to President Obama the mention of the size of an escrow fund the government wants BP to set up. The original story published at 8:17 p.m. and update at 8:34 p.m. Tuesday also contained the error. A
16 Jun 10 15:18WASHINGTON (AFP) -- Top BP Plc (BP) executives arrived at the White House Wednesday for talks with President Barack Obama on the massive oil spill fouling the Gulf of Mexico coast. Eight bosses from the British energy giant, including chairman Carl-Henric Svanberg, chief executive Tony Hayward,
16 Jun 10 15:15LONDON (Dow Jones)--BP PLC (BP) is unlikely to have to sell assets to pay the costs of its oil spill in the Gulf of Mexico and the company will probably not be broken up as a consequence of the environmental disaster, said representatives of Fitch Ratings Wednesday. "We expect BP to make it thro
16 Jun 10 15:09LONDON (Dow Jones)--BP PLC (BP) Wednesday said it was collecting oil and gas from a second containment system attached to the Macondo well's failed blowout preventer, potentially allowing it to gather more of the oil spilling into the Gulf of Mexico. BP said oil and gas from the second system re
16 Jun 10 15:011359 GMT [Dow Jones] The cost of credit-fault swaps is rising for Anadarko and TransOcean after CDS levels for BP jumped to an all-time high. BP's CDS was 605BP as of 9:28 a.m. EDT, according to Markit. Anadarko's CDS traded at 706 BP, 20BP wider than Tuesday's close; TransOcean's CDS was 30BP wider
16 Jun 10 15:00(Adds quote) LONDON (AFP)--Energy giant BP PLC (BP) must be given "certainty" about its liabilities from the Gulf of Mexico oil spill, British Prime Minister David Cameron said Wednesday. "While it is important that they pay reasonable claims--BP accept this themselves--they do need a level
16 Jun 10 14:56Release Date: 16 June 2010 ADDITIONAL OIL AND GAS CONTAINMENT SYSTEM BEGINS OPERATION BP announced today that oil and gas is flowing through a second containment system attached to the Deepwater Horizon rig's failed blow out preventer (BOP). This second system supplements the lower m
16 Jun 10 14:56RIO DE JANEIRO (Dow Jones)--Brazilian oil regulators are reviewing troubled oil giant BP PLC's (BP, BP.LN) purchase of offshore oil blocks from U.S. independent Devon Energy Corp. (DVN) as part of "normal approval procedures for farm-out operations," a spokesman for the country's National Petroleum
16 Jun 10 14:52BP has agreed to a demand from US president Obama to put about $20bn in an escrow account to cover claims resulting from the oil spill in the Gulf of Mexico. The UK company also agreed to cancel dividend payments to its shareholders for the rest of the year. The news came after a meeting between
16 Jun 10 14:47LONDON (AFP)--Energy giant BP PLC (BP) must be given "certainty" about its liabilities from the Gulf of Mexico oil spill, British Prime Minister David Cameron said Wednesday. (END) Dow Jones Newswires June 16, 2010 09:45 ET (13:45 GMT)
16 Jun 10 14:45LONDON (Dow Jones)--BP PLC (BP.LN), a global energy company, said Wednesday that oil and gas is flowing through a second containment system attached to the Deepwater Horizon rig's failed blow out preventer, or BOP. MAIN FACTS: -This second system supplements the lower marine riser package ca
16 Jun 10 14:43Footsie dropped into the red over the lunchtime session before crawling back into positive territory. Little seems capable of getting investors excited, with even the highly volatile BP having a relatively quiet day. Part-nationalised lender Royal Bank of Scotland is the best performing blue chip.
16 Jun 10 14:41DOW JONES NEWSWIRES The following table lists unplanned and planned production outages at U.S. refineries as reported by Dow Jones Newswires. The information is compiled from both official and unofficial refining sources and doesn't purport to be a comprehensive list. ConocoPhillips'(COP) r
16 Jun 10 14:38from 2008 to 2010 due to economic factors. Work is progressing on the continuous catalytic reformer, expected to be completed by mid-2010, Co. said F
16 Jun 10 14:38LONDON (Dow Jones)--The visit by several officials from Brazil's National Petroleum Agency to BP PLC's (BP) operations center in Houston, Texas, isn't related to the oil spill in the Gulf of Mexico, a spokesman from the company said Wednesday. The visit of the officials, who are deciding whether
16 Jun 10 14:25
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