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Mon, 28th Jun 2010 07:14
LONDON (Dow Jones)--BP PLC (BP.LN) said Monday that in the response to the MC252 oil well incident in the Gulf of Mexico, two systems continue to collect oil and gas flowing from the Deepwater Horizon's failed blow-out preventer (BOP) and transport them to vessels on the surface. MAIN FACTS: -To date, more than 80,000 claims have been submitted and almost 41,000 payments have been made, totaling more than $128 million. -To date amounts to $2.65 billion, including the cost of the spill response, containment, relief well drilling, grants to the Gulf states, claims paid, and federal costs. -It is too early to quantify other potential costs and liabilities associated with the incident. -On June 26, a total of 22,750 barrels of oil were collected or flared by the two systems and 52.9 million cubic feet of gas were flared. -Specifically, the lower marine riser package, or LMRP, containment system connected to the Discoverer Enterprise collected 14,730 barrels of oil, and the Q4000 flared an additional 8,020 barrels of oil. -To date, the total volume of oil recovered or flared by containment systems is 435,600 barrels. -Preparations continue for the next step in containment operations. -Work on the first floating riser containment system, which will be connected to the Helix Producer vessel, remains on schedule. -It is currently anticipated that this system will be available to begin first operations at the end of June or in early July. -The system is intended to provide additional oil containment capacity of approximately 20,000-25,000 barrels a day. -Together with the LMRP cap and Q4000 systems, the addition of this new system should increase total oil containment capacity to 40,000-50,000 barrels a day. -Plans are being developed for potential additional containment capacity and flexibility, including a second floating riser system and additional capacity through a new cap on the BOP. -These projects are currently anticipated to be available to begin operations around mid-July. -The first relief well, which started drilling May 2, has reached a measured depth of 16,546 feet and has successfully completed a second "ranging" run using specialist equipment inserted into the well to help more precisely locate the MC252 well. -Drilling and ranging operations will continue over the next few weeks as the well progresses towards the target intercept depth of 18,000 feet. -Once intercept has occurred, operations are expected to begin to kill the flow of oil and gas from the reservoir by pumping specialized heavy fluids down the relief well. -The second relief well, which started May 16, is at a measured depth of 12,038 feet. -Both wells are still estimated to take three months to complete from commencement of drilling. -Operations to skim oil from the surface of the water now have recovered, in total, 652,000 barrels (27 million gallons) of oily liquid. -In addition, a total of 275 controlled burns have been carried out to date, removing an estimated 238,000 barrels of oil from the sea's surface. -Shares closed Friday at 304.6 pence. -By Iain Packham, Dow Jones Newswires; 44-20-7842-9269; iain.packham@dowjones.com (END) Dow Jones Newswires June 28, 2010 02:14 ET (06:14 GMT)
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25 Mar 2024 16:51
LONDON MARKET CLOSE: Renewed global tensions put pressure on stocks
(Alliance News) - Stock prices in London started the week in bad shape and closed lower on Monday, as investors sat on their hands amid rising global tensions.
Read more21 Mar 2024 15:00
UK dividends calendar - next 7 days
| Friday 22 March | |
| easyJet PLC | dividend payment date |
| FRP Advisory Group PLC | dividend payment date |
| Gulf Investment Fund PLC | dividend payment date |
| Henderson Opportunities Trust PLC | dividend payment date |
| Hercules Site Services PLC | dividend payment date |
| Impax Asset Management Group PLC | dividend payment date |
| JLEN Environmental Assets Group Ltd | dividend payment date |
| JPMorgan Multi-Asset Growth & Income PLC | dividend payment date |
| Mattioli Woods PLC | dividend payment date |
| Mobeus Income & Growth 2 VCT PLC | dividend payment date |
| Mobeus Income & Growth 4 VCT PLC | dividend payment date |
| Ramsdens Holdings PLC | dividend payment date |
| Riverstone Credit Opportunities Income PLC | dividend payment date |
| Ruffer Investment Co Ltd | dividend payment date |
| Samuel Heath & Sons PLC | dividend payment date |
| Troy Income & Growth Trust PLC | dividend payment date |
| Unilever PLC | dividend payment date |
| Monday 25 March | |
| AstraZeneca PLC | dividend payment date |
| Endeavour Mining PLC | dividend payment date |
| Mountview Estates PLC | dividend payment date |
| Shell PLC | dividend payment date |
| Tuesday 26 March | |
| no events scheduled | |
| Wednesday 27 March | |
| abrdn Diversified Income & Growth PLC | dividend payment date |
| Thursday 28 March | |
| Alliance Trust PLC | dividend payment date |
| Balanced Commercial Property Trust Ltd | dividend payment date |
| Berkeley Group Holdings PLC | dividend payment date |
| BHP Group Ltd | dividend payment date |
| BlackRock Energy & Resources Inc Trust PLC | ex-dividend payment date |
| BlackRock Sustainable American Income Trust PLC | ex-dividend payment date |
| BlackRock Throgmorton Trust PLC | dividend payment date |
| BP PLC | dividend payment date |
| City of London Investment Group PLC | dividend payment date |
| Crown Place VCT PLC | dividend payment date |
| CT UK Capital & Income Investment Trust PLC | dividend payment date |
| Develop North PLC | dividend payment date |
| Diversified Energy Co PLC | dividend payment date |
| Downing Renewables & Infrastructure Trust PLC | dividend payment date |
| Gateley Holdings PLC | dividend payment date |
| Genus PLC | dividend payment date |
| Hargreaves Lansdown PLC | dividend payment date |
| HICL Infrastructure PLC | dividend payment date |
| Idox PLC | ex-dividend payment date |
| Imperial Brands PLC | dividend payment date |
| Melrose Industries PLC | ex-dividend payment date |
| Mid Wynd International Investment Trust PLC | dividend payment date |
| Moneysupermarket.com Group PLC | ex-dividend payment date |
| NextEnergy Solar Fund Ltd | dividend payment date |
| North Atlantic Smaller Cos Investment Trust PLC | dividend payment date |
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| Premier Miton Global Renewables Trust PLC | dividend payment date |
| Quartix Technologies PLC | ex-dividend payment date |
| Renewables Infrastructure Group Ltd | dividend payment date |
| Schroder Real Estate Investment Trust Ltd | dividend payment date |
| SDCL Energy Efficiency Income Trust PLC | dividend payment date |
| Smith & Nephew PLC | ex-dividend payment date |
| Taylor Wimpey PLC | ex-dividend payment date |
| Thames Ventures VCT 2 DSO 1 D PLC | dividend payment date |
| Travis Perkins PLC | ex-dividend payment date |
| Utilico Emerging Markets Trust PLC | dividend payment date |
| Vaalco Energy Inc | dividend payment date |
| Value & Indexed Property Income Trust PLC | ex-dividend payment date |
| VH Global Sustainable Energy Opportunities PLC | dividend payment date |
| Volution Group PLC | ex-dividend payment date |
| Wynnstay Group PLC | ex-dividend payment date |
| Comments and questions to newsroom@alliancenews.com | |
| A full 14-day events calendar is provided each day with a subscription to Alliance News UK Professional. | |
| Copyright 2024 Alliance News Ltd. All Rights Reserved. | |
19 Mar 2024 16:57
LONDON MARKET CLOSE: European large-caps rise on eve of Fed decision
(Alliance News) - Blue-chip stock prices in Europe closed higher on Tuesday, showing little signs of nerves ahead of Wednesday's Federal Reserve decision and UK inflation reading.
Read more19 Mar 2024 11:52
LONDON MARKET MIDDAY: European markets flat ahead of Fed and BoE
(Alliance News) - Stock prices in London were down at midday on Tuesday, as investors sat on their hands ahead of interest rate decisions from the UK and US.
Read more18 Mar 2024 11:49
LONDON MARKET MIDDAY: FTSE 100 as shakes off pre-interest rate nerves
(Alliance News) - Stock prices in London were higher at midday Monday, as eyes were firmly on interest rate decisions across the globe.
Read more15 Mar 2024 13:07
IN BRIEF: Costain wins place on GBP4 billion carbon capture project
Costain Group PLC - Maidenhead, Berkshire-based construction and engineering firm - Selected as one of nine specialist partners to deliver a carbon capture project beneath the North Sea off the east cost of England. The engineering, procurement, and construction contracts for the East Coast Cluster have a combined value of around GBP4 billion, Costain says. The contracts will be with Net Zero Teesside Power and the Northern Endurance Partnership. NZT Power is a electricity generating joint venture of the UK's BP PLC and Norway's Equinor. NEP is a joint venture of BP, Equinor and France's TotalEnergies SE that will provide CO2 transport and storage for the East Coast Cluster. Final investment decisions are expected in September or earlier, with the projects aiming for commercial operations from 2027.
Read more15 Mar 2024 12:11
LONDON MARKET MIDDAY: FTSE 100 underperforms despite mining, oil boost
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Read more14 Mar 2024 11:54
BP details green credentials in similar push towards net zero as Shell
(Alliance News) - BP PLC on Thursday outlined similar targets to cut emissions as peer Shell PLC, as both oil and gas majors strive to become net zero for carbon emissions by 2050.
Read more14 Mar 2024 10:19
BP picks up Ashford site to boost electric charging scope for trucks
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Read more8 Mar 2024 13:42
BP appoints Aviva boss Amanda Blanc as senior independent director
(Sharecast News) - Oil giant BP said on Friday that it has appointed Aviva chief executive Amanda Blanc as senior independent director with effect from after the annual meeting on 25 April.
Read more8 Mar 2024 12:20
IN BRIEF: BP promotes Aviva chief executive officer to senior director
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Read more8 Mar 2024 10:33
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