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By James Herron Of DOW JONES NEWSWIRES TAKING THE PULSE: Second quarter earnings in the U.K. oil sector will unsurprisingly be dominated by news about BP PLC's (BP) continuing response to the Gulf of Mexico oil spill. Although the company has, at least temporarily, capped the leaking well, m
Read moreLONDON (Dow Jones)--BP PLC (BP) won't release next week preliminary findings from its internal investigation into the explosion aboard the Deepwater Horizon drilling rig that triggered the three-month-long oil spill into the Gulf of Mexico, a spokesman for the company said Tuesday. BP will publi
Read moreOne of the energy industry's biggest shareholders has threatened to block all new investments in British renewables unless the Government increases the returns available to investors and gives greater certainty over its future policy. Neil Woodford, the head of investment at Invesco Perpetual ? whi
Read more(This item was originally published Monday.) LONDON (Dow Jones)--BP PLC (BP) said Monday it has signed a new agreement in Egypt to develop significant gas resources in two deep water blocks--a badly needed vote of confidence in the U.K. company whose reputation has been damaged by the deep water
Read more(This item was originally published Monday.) DUBAI (Zawya Dow Jones)--Libya's top oil official has rejected suggestions that a $900 million oil deal awarded to U.K. oil major BP PLC (BP) in 2007 was linked to the release of convicted Lockerbie bomber Abdel Baset Al Megrahi. "I was leading th
Read moreWASHINGTON (AFP)--The world's leading nations were expected Tuesday to announce initiatives to cooperate on clean energy, after a top policy board warned that the world's current path on power was unsustainable. Senior officials from 21 economies making up 80% of global gross domestic product we
Read moreDOW JONES NEWSWIRES The BP PLC (BP) oil spill could cost the U.S. Gulf Coast region 17,000 jobs and about $1.2 billion in lost economic growth by year-end even if the flow is halted next month, Bloomberg News reported on its website Monday, citing Moody's Analytics. In a different scenari
Read more(Updates with more details from teleconference). HOUSTON (Dow Jones)--Oil-spill responders have detected a leak around the cap that has temporarily shut in BP PLC's (BP, BP.LN) broken well, but it may not be "significant," the U.S. federal response commander said Monday. "It's not a huge le
Read moreHOUSTON (Dow Jones)--Oil-spill responders have detected a leak around the cap that has temporarily shut in BP PLC's (BP, BP.LN) broken well but it may not be "significant," the U.S. federal response commander said Monday. "It's not a huge leak but it is causing a formation of hydrates," Retired
Read moreU.S. stocks closed higher Monday as the Dow Jones Industrial Average rose 57 points to 10154, the S&P 500 gained 6 points to 1071 and the Nasdaq Composite moved up 19 points to 2198. Among the companies whose shares are actively trading in the after-hours session are International Business Machines
Read moreBy Adam Cancryn Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--International companies trading in New York closed higher Monday, shaking off a cut to Ireland's credit rating, as investors in the broader market also looked ahead to what's hoped to be strong earnings reports on tap later this we
Read moreHOUSTON (Dow Jones)--BP PLC (BP, BP.LN) believes an unspecified amount of hydrocarbons seeping from the seafloor near the leaking Macondo well is natural and unrelated to the test of its new containment system, a company spokesman said Monday. "We understand it's natural seepage," the spokesman
Read moreBy Tennille Tracy Of DOW JONES NEWSWIRES WASHINGTON (Dow Jones)--The chairman of the U.S. House Committee on Energy & Commerce has asked 10 oil and gas companies to provide detailed information on their use of a controversial drilling practice known as hydraulic fracturing. In a letter s
Read moreBy Liam Denning A DOW JONES COLUMN A quick sale of its Alaskan assets to Apache Corp. would be a neat way for BP to raise cash. But there is no guarantee of that deal happening, so it's worth examining other options. A possible route is one BP has taken before: the creation of a royalty
Read moreBy Laurence Norman Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.K. Prime Minister David Cameron's government sees Libya as a partner not an opponent, but wants Col. Moammar Gadhafi's regime to continue to demonstrate it has turned its back on its "dark" past, a spokeswoman said Monday. T
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