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U.S. stocks traded higher Monday as the Dow Jones Industrial Average rose 62 points to 10160, the S&P 500 was up 6.4 points to 1071 and the Nasdaq Composite rose 16 points to 2195. Among the companies whose shares are actively trading in the session are Halliburton Co. (HAL), PetMed Express Inc. (PE
Read moreFootsie has made a strong start to the week helped by financials and miners. Standard Chartered and RBS are strong as are a number of miners including Xstrata and Rio Tinto. International Power is the best performer after French energy giant GDF Suez revived talks with the international electric
Read moreHOUSTON (Dow Jones)--The federal moratorium on deepwater drilling will usher in a "new regulatory climate" in the U.S. Gulf of Mexico and shift investment in oil and gas exploration to onshore and international opportunities, Dave Lesar, chief executive of Halliburton Co. (HAL), said Monday. "Gu
Read moreBP has been told it can keep the cap on its broken well in the Gulf of Mexico for another 24 hours despite fears it may be causing a new leak elsewhere on the ocean floor. A well integrity test began on the MC252 exploration well last week, but there are reports of methane gas escaping, indicating
Read moreNEW ORLEANS (AFP) -- The U.S. government authorized BP Plc (BP) to keep closed the busted Gulf of Mexico oil well for 24 more hours to allow tests Monday even though experts detected seepage from the surrounding seabed. Admiral Thad Allen, the Obama administration's pointman on efforts to end th
Read moreDOW 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. The key gasoline-makin
Read more1216 GMT [Dow Jones] Liability is the key issue for BP (BP.LN) says Credit Suisse, although the brokerage concedes that getting close to "zero oil" is an important psychological step. Says there are four main liability questions that remain unanswered. First, the amount of compensatory claims; secon
Read moreStocks on the fall in the UK today. Compiled by Dow Jones Newswires Markets Desk, markets.eu@dowjones.com Contact us in London. +44-20-7842-9464 Markettalk.eu@dowjones.com 1216 GMT [Dow Jones] Liability is the key issue for BP (BP.LN) says Credit Suisse, although the brokerage concedes that ge
Read more(Updates Maintenance at BP's Unity Riser.) LONDON (Dow Jones)--The following table lists unplanned and planned outages at U.K., Norwegian and Danish oil and natural gas fields in 2009 and 2010 as reported by Dow Jones Newswires from both official and unofficial sources. Operator Field/Pla
Read moreLONDON (Dow Jones)--BP PLC (BP) will shut its Unity Riser platform in the North Sea Aug. 1 for three or four days of maintenance, a spokesman said Monday. The Unity Riser platform is a key part of Forties Pipeline System, operated by BP. It connects many fields, including Britannia, Scott, Nelso
Read more(Adds National Incident Commander comment.) By James Herron Of DOW JONES NEWSWIRES LONDON (Dow Jones)--BP PLC (BP) said tests on a well cap that has halted the flow of oil into the Gulf of Mexico for several days continue to behave as expected, but the company's shares dropped more than
Read more(This article was originally published Friday.) By Siobhan Hughes Of DOW JONES NEWSWIRES WASHINGTON (Dow Jones)--As the public cheers news that a new cap has temporarily stopped oil flowing from a damaged BP PLC (BP, BP.LN) well, U.S. Energy Secretary Steven Chu has been focused on pr
Read moreBy Paddy Gourlay Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Oil futures are stable Monday morning, trading within a narrow range, although prices have been mainly in negative territory during the session despite modest gains in European equities and a firmer euro against the dollar. Pric
Read moreLondon's top stocks have swung into the blue on two possible mega M&A deals, while fears over European sovereign debt have eased a little despite a downgrade for Ireland. International Power is the best FTSE 100 performer after French energy giant GDF Suez revived talks about a partnership to crea
Read more(Adds analyst comment, detail.) By James Herron Of DOW JONES NEWSWIRES LONDON (Dow Jones)--BP PLC (BP) said tests on a well cap that has halted the flow of oil into the Gulf of Mexico for several days continue to behave as expected, but the company's shares dropped more than 7% in London
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