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Share Price Information for BP (BP.)

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Share Price: 524.80
Bid: 525.20
Ask: 525.30
Change: -1.50 (-0.29%)
Spread: 0.10 (0.019%)
Open: 529.30
High: 530.70
Low: 522.30
Prev. Close: 526.30
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Azeri SOCAR oil exports drop 6.5 pct in January-February

Tue, 11th Mar 2014 15:08

BAKU, March 11 (Reuters) - Azeri state energy company SOCARcut oil exports by 6.5 percent to 3.727 million tonnes inJanuary-February from 3.984 million tonnes a year ago due tofalling oil production, a SOCAR source said.

The source said SOCAR exported 169,649 tonnes of oil viaRussia through the Baku-Novorossiisk pipeline inJanuary-February, down from 251,755 tonnes in the same periodlast year.

Exports of oil through the Baku-Supsa pipeline via Georgiaincreased to 565,129 tonnes from 560,936 tonnes last year, whileexports through Baku-Tbilisi-Ceyhan via Georgia and Turkey were2.992 million tonnes, down from 3.2 million tonnes last year.

The Azeri government has been concerned about output fromthe Azeri, Chirag and Guneshli (ACG) oilfields - the biggest oilproject in Azerbaijan and one of the largest globally for oilmajor BP - after production fell in 2012.

Output from the project rose in 2013. As for this year, BPsaid in January that production might be slightly lower than in2013 as the company planned maintenance work at the CentralAzeri and West Azeri platforms, halting operations for a coupleof weeks.

It did not say when the work would start.

Azerbaijan's oil and condensate output fell by 5.2 percentyear on year in January to 3.6 million tonnes.

The State Statistics committee has not yet released figuresfor output in February.

For 2013, Azerbaijan has said oil and condensate productionrose by 0.4 percent to 43.5 million tonnes after two years ofdecline.

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17 Jan 2024 07:11

BP names acting CEO Murray Auchincloss as permanent leader

(Sharecast News) - BP has named its former chief financial officer Murray Auchincloss as its permanent chief executive, after having served in an interim capacity for the past four months.

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16 Jan 2024 21:28

PRESS: BP close to naming acting CEO Auchincloss as permanent chief

(Alliance News) - Directors of BP PLC were meeting on Tuesday evening to finalise the appointment of Murray Auchincloss, the company's acting chief executive, as its permanent boss, according to a report.

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16 Jan 2024 16:38

Shell halts Red Sea shipments over attack fears from Yemeni rebels

(Alliance News) -London-based oil major Shell PLC has paused transit through the key Red Sea shipping route indefinitely, over fears of escalating tensions involving Yemen's Houthi rebels, according to a media report on Tuesday.

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16 Jan 2024 13:13

Shell in Nigeria

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12 Jan 2024 15:39

London close: Stocks rise on positive UK economic data

(Sharecast News) - London's financial markets closed on a positive note today, buoyed by fresh data indicating that the UK economy had returned to growth in November.

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8 Jan 2024 19:48

Shell signs 20-year purchase deal with Canadian Ksi Lisims LNG project

Jan 8 (Reuters) - Global gas giant Shell has agreed to buy two million metric tons of liquefied natural gas (LNG) per year from Ksi Lisims LNG, partners in the proposed Canadian project said on Monday.

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8 Jan 2024 16:59

LONDON MARKET CLOSE: Stocks mixed as eyes on US inflation data

(Alliance News) - Stock prices in London closed mixed Monday, with oil majors holding down higher gains in the FTSE 100 index.

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8 Jan 2024 16:38

London close: Stocks manage positive finish after mixed session

(Sharecast News) - London's financial markets experienced a mixed trading day on Monday, with the FTSE 100 and FTSE 250 indices closing in positive territory after spending much of the session in the red.

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8 Jan 2024 12:00

LONDON MARKET MIDDAY: FTSE 100 underperforms in muted start to week

(Alliance News) - Stock prices in London traded lower at the start of the week, with oil firms weighing on then FTSE 100, as investors look ahead to the week's key inflation prints.

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LONDON MARKET OPEN: Commodity-heavy FTSE 100 heads lower; Shell slips

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6 Jan 2024 12:29

BP investors want oil firm to approach BAE chief as CEO- Sky News

Jan 6 (Reuters) - Some of BP's largest shareholders have urged the company to approach BAE Systems Chief Executive Charles Woodburn about becoming the British oil giant's next boss, Sky News reported on Saturday, citing unidentified sources.

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6 Jan 2024 11:38

BP investors want oil behemoth to target BAE chief as CEO- Sky News

Jan 6 (Reuters) - Some of BP's largest shareholders have urged the company to approach Charles Woodburn, the BAE Systems chief executive, about becoming the company's next boss, Sky news reported on Saturday. (Reporting by Devika Nair in Bengaluru; Editing by Jan Harvey)

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LONDON MARKET CLOSE: Stocks up ahead of US nonfarm payrolls

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