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Share Price Information for BP (BP.)

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Share Price: 480.70
Bid: 480.70
Ask: 480.75
Change: -1.85 (-0.38%)
Spread: 0.05 (0.01%)
Open: 479.30
High: 480.85
Low: 477.30
Prev. Close: 482.55
BP. Live PriceLast checked at -

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BP accelerates Egypt's Atoll gas project

Mon, 20th Jun 2016 10:33

(ShareCast News) - BP has decided to go accelerate development of its wholly owned Atoll gas project in Egypt, which will begin to flow in the first half of 2018.Offshore the East Nile Delta, the Atoll field is expected to produce up to 300m cubic feet a day (mmscfd) gross of gas to the Egyptian domestic gas market when it is up and running.Atoll contains an estimated 1.5trn cubic feet (tcf) of gas and 31m barrels (mmbbl) of condensates.BP, which made the 100%-owned discovery in March 2015, will now establish a new hub offshore the East Nile Delta following multiple transportation and processing agreements made in recent weeks.Onshore processing will be handled by the joint-owned existing West Harbour gas processing facilities."Our confidence in the prospectivity of the area along with our ongoing commitment to Egypt and our successful history of partnership with the Ministry of Petroleum, EGPC and EGAS is allowing us to fast track Atoll from discovery to production in less than three years which is a significant achievement," said BP North Africa's Hesham Mekawi.
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9 May 2024 09:53

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8 May 2024 13:19

Middle East Crude-Benchmarks fall, snapping two-day streak

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8 May 2024 13:06

BP softens tone on 2030 oil output cut to reassure investors

LONDON, May 8 (Reuters) - BP softened the language on its pledge to cut its 2030 oil and gas output in an effort to reassure investors over its energy transition strategy and narrow a gaping value gap with rivals.

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7 May 2024 17:30

UK's FTSE 100 notches record closing high in broad rally

FTSE 100 up 1.2%, FTSE 250 adds 1.2%

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7 May 2024 16:32

London close: Stocks jump on return from long weekend

(Sharecast News) - London markets closed on a high note on Tuesday, as the top-flight index surged to record highs, buoyed by positive momentum from the US and European markets.

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7 May 2024 16:08

BP profit slides by 40% as refinery outage offsets higher output

First-quarter underlying profit $2.7 bln vs forecast $2.87 bln

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7 May 2024 12:00

LONDON MARKET MIDDAY: Stocks buoyed by local data, strong US equities

(Alliance News) - Stock prices in London were up at midday on Tuesday, boosted by positive local economic data and tracking European equities that were buoyed by strong US stocks performance on Monday.

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7 May 2024 09:09

LONDON MARKET OPEN: Stocks track global equities rise while BP falls

(Alliance News) - Stock prices in London opened up on Tuesday, tracking European markets in reaction to New York stocks extending their rally on weaker US jobs data, while markets reopened in London after a bank holiday on Monday.

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7 May 2024 08:51

TOP NEWS: BP keeps up pace of share buybacks despite profit decline

(Alliance News) - BP PLC on Tuesday launched a fresh share buyback, despite a drop in first-quarter profit due to lower oil and gas prices and weaker fuels margins.

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7 May 2024 07:02

BP in $1.75bn buyback as Q1 profits fall on weaker prices, margins

(Sharecast News) - BP reported a worse-than-expected fall in first-quarter profit on the back of lower oil and gas prices, an outage at a US refinery and "significantly weaker" fuels margins as it also started a $1.75bn share buyback.

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6 May 2024 15:01

Shell to exit South Africa's downstream businesses

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3 May 2024 13:47

British regulator awards more North Sea oil and gas licences

NSTA awards 31 new licences aimed at boosting output

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2 May 2024 12:02

LONDON MARKET MIDDAY: FTSE 100 shines but "mixed feelings" after Fed

(Alliance News) - London's FTSE 100 was solidly higher on Thursday, outperforming European peers, as earnings from the likes of Shell and Standard Chartered impressed.

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1 May 2024 18:30

Sector movers: Oil, Autos drag on FTSE 350

(Sharecast News) - Weakness in the oil patch and among select cyclicals dragged on the FTSE 350 in the middle of the week.

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