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Share Price Information for BP (BP.)

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Share Price: 496.95
Bid: 496.65
Ask: 496.75
Change: -5.35 (-1.07%)
Spread: 0.10 (0.02%)
Open: 504.00
High: 506.20
Low: 492.65
Prev. Close: 502.30
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Azeri oil output down, gas up in Jan-Apr

Wed, 14th May 2014 10:19

BAKU, May 14 (Reuters) - Azerbaijan said oil and condensateoutput fell to 14.1 million tonnes in January-April 2014, down1.4 percent on the same period a year earlier, citing loweroutput at main oilfields Azeri, Chirag and Guneshli (ACG) as areason for the decline. The State Statistics Committee on Wednesday released thedata in a statement, but did not give separate figures for oiloutput at ACG. Production at the ACG last year fell 2.2 percent to 32.2million tonnes from 32.9 million. Falling output at the ACG oilfields, the biggest oilproduction project in Azerbaijan and one of the largest globallyfor oil major BP, have raised concerns in Baku. BP and its partner, state energy firm SOCAR, have tried tocalm those fears by saying last year that output had stabilised.Total oil production grew last year for the first time since2011. BP said earlier this year oil production at ACG might beslightly lower than in 2013 as the company planned maintenancework at the Central Azeri and West Azeri platforms, haltingoperations for a couple of weeks. The company did not say when the work would start. Azerbaijan has said its total oil and condensate productionrose 0.4 percent in 2013 to 43.1 million tonnes after two yearsof decline. Jan-Apr Jan-Apr Jan-Dec SOCAR 2014 2013 2013 estimate s for 2014 Oil + 14.1 14.3 43.1 41-44 condensate (mln tonnes) Total natural 10.2 9.4 29.2 27.0 gas (bln cubic metres) Natural gas 6.1 5.9 n/a n/a (for consumers) (bln cubic metres) (Reporting by Nailia Bagirova; writing by Margarita Antidze;editing by Keiron Henderson)

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2 Jan 2024 16:58

LONDON MARKET CLOSE: Stocks down amid disappointing manufacturing data

(Alliance News) - Stock prices in London closed lower on Tuesday, after the year was started with some disappointing data about the UK and US manufacturing sectors.

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29 Dec 2023 13:01

LONDON MARKET CLOSE: UK equities outclassed by other markets in 2023

(Alliance News) - Stock prices in London closed mixed on Friday, the final trading day of 2023, as the annual returns from UK equities were outshone by international markets.

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28 Dec 2023 16:54

LONDON MARKET CLOSE: End of year rally cools as FTSE 100 edges lower

(Alliance News) - Stock prices in London closed mixed on Thursday, the final full trading day of a mixed year, though the FTSE 100 is still on track to deliver a gain of more than 3% for 2023.

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28 Dec 2023 09:02

LONDON MARKET OPEN: China-exposed firms rise as stocks drift higher

(Alliance News) - Stock prices in London opened slightly higher on Thursday, with investors feeling quietly optimistic on the penultimate day of trading for 2023.

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23 Dec 2023 12:30

Poland's Orlen files Venture Global LNG arbitration case -Bloomberg News

Dec 23 (Reuters) - Polish oil and gas firm Orlen has lodged an arbitration case against Venture Global LNG which alleges that the U.S. exporter of liquefied natural gas was not honouring a long-term contract, Bloomberg News reported on Saturday.

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22 Dec 2023 19:54

More ships carrying oil avoid Red Sea route

HOUSTON, Dec 22 (Reuters) - At least two ships transporting oil or oil products between the U.S. Gulf Coast and India on Friday were re-routing from the Red Sea, according to vessel tracking data, as a U.S.-led coalition geared up to help safeguard vessels from attacks by Yemen's Houthi militants.

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22 Dec 2023 19:29

More ships carrying oil avoid Red Sea route

HOUSTON, Dec 22 (Reuters) - At least two ships transporting oil or oil products between the U.S. Gulf Coast and India on Friday were re-routing from the Red Sea, according to vessel tracking data, as a U.S.-led coalition geared up to help safeguard vessels from attacks by Yemen's Houthi militants.

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22 Dec 2023 19:24

Equinor takes stakes in 2 Angola oil exploration blocks

OSLO, Dec 22 (Reuters) - Equinor has secured stakes in two more oil exploration blocks offshore Angola as it seeks to extend its presence in the country, the head of the Norwegian company's Africa operation said in a statement on Friday.

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22 Dec 2023 19:20

Equinor takes stakes in 2 Angola oil exploration blocks

OSLO, Dec 22 (Reuters) - Equinor has secured stakes in two more oil exploration blocks offshore Angola as it seeks to extend its presence in the country, the head of the Norwegian company's Africa operation said in a statement on Friday. (Reporting by Terje Solsvik, editing by Essi Lehto)

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22 Dec 2023 11:00

US offshore wind poised for success next year after turbulent 2023

NEW YORK, Dec 22 (Reuters) - The U.S. offshore wind industry is eying a brighter 2024, with work expected to start on several projects following a year marked by stalled developments and billions of dollars in write-offs.

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20 Dec 2023 18:16

US Gulf of Mexico oil auction is largest since 2015

Dec 20 (Reuters) - A Biden administration auction of Gulf of Mexico drilling rights raised $382 million on Wednesday as oil companies claimed offshore acreage for what is set to be the last time until 2025.

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20 Dec 2023 17:37

US Gulf of Mexico oil auction raises $382 million in high bids

Dec 20 (Reuters) - A Biden administration auction of Gulf of Mexico drilling rights raised more than $382 million on Wednesday, the highest total for a federal offshore oil and gas auction since 2015.

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20 Dec 2023 17:00

Sustainable Finance Newsletter - This time it's different for US SEC climate rules

Dec 20 (Reuters) -

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20 Dec 2023 15:36

Shipping container price surge to reverse due to overcapacity -logistics platform

MUMBAI, Dec 20 (Reuters) - Higher prices for containers used by merchant ships caused by attacks on Red Sea shipping are likely to fall back in three to nine months to levels seen in early December due to market overcapacity, the head of an online container logistics platform said on Wednesday.

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20 Dec 2023 15:05

London close: Stocks rise as UK inflation slows further

(Sharecast News) - London's stock markets saw a notable upswing on Wednesday, driven by encouraging data revealing a greater-than-anticipated slowdown in UK inflation for November.

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