Last checked at 12 Apr 2024 08:58
LONDON MARKET OPEN: Stocks get boost thanks to growth in UK economy
(Alliance News) - Stock prices in London opened higher on Friday, thanks to new data suggesting the UK economy is out of recession.
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Share Price Information for BP (BP.)
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Share Price:
510.40
Bid:
509.40
Ask:
509.50
Change:
-5.40 (-1.05%)
Spread:
0.10 (0.02%)
Open:
516.30
High:
516.60
Low:
506.10
Prev. Close:
515.80
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Sun, 19th Sep 2010 20:49
BP has finally capped the leaking well in the Gulf of Mexico, US officials said Sunday."Additional regulatory steps will be undertaken but we can now state definitively that the Macondo Well poses no continuing threat to the Gulf of Mexico," US official Admiral Thad Allen said.A relief well cut through the original well on Thursday and enabled BP engineers to fill it with cement in a permanent seal.President Obama hailed the announcement and thanked those who had "worked around the clock to respond to this crisis and ultimately complete this challenging but critical step to ensure that the well has stopped leaking forever".The Gulf spillage, the US's worst environmental catastrophe, started following an explosion on the Deepwater Horizon rig on 20 April, which killed 11 rig workers. BP chief executive Tony Hayward was forced to step down due to the size of the spillage, numerous PR gaffes and repeated underestimates of the scale of the leak by the company.The US government insisted the firm put aside $20bn into a fund to pay for costs of dealing with the leak in addition to $8bn spent directly on the clean-up operation. Compensation claims are expected to add considerably to that total.An internal report by BP said that responsibility for the explosion and subsequent leak should be shared by several companies and was due to decisions by 'multiple companies and work teams'. BP accepted responsibility for certain failures, but also said the blame was partly shared by Transocean, the company operating the well and oil service group Halliburton, which was involved in cementing the well.
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12 Apr 2024 07:56
UAE's ADNOC said to have recently considered BP takeover
(Sharecast News) - The United Arab Emirates' state-owned oil company recently considered buying BP but the deliberations did not progress beyond preliminary discussions, according to a report.
Read more11 Apr 2024 14:41
Senegal says oil, gas and mine contracts will be reworked if needed
DAKAR, April 11 (Reuters) - Senegal's new Energy and Mines Minister said on Thursday the government would renegotiate oil, gas and mining contracts if necessary once a promised audit is completed.
Read more10 Apr 2024 08:41
Johnson Matthey and BP win deal for US sustainable aviation fuel plant
(Alliance News) - Johnson Matthey PLC and BP PLC on Wednesday said their technology offering has been selected for use in a sustainable aviation fuel plant being built in the US state of Louisiana.
Read more10 Apr 2024 07:47
LONDON BRIEFING: Stocks called up ahead of US inflation data
(Alliance News) - Stocks in London are called to open higher, as investors shake off nerves ahead of a key US inflation reading.
Read more9 Apr 2024 17:26
Slide in defence stocks knocks down Europe's STOXX 600
BP gains on higher quarterly upstream energy output forecast
*Read more9 Apr 2024 17:13
FTSE 100 ends down as defence stocks offset commodity gains
Easter food spending lifts UK retail sales in March
*Read more9 Apr 2024 16:53
LONDON MARKET CLOSE: Stocks struggle in nervy trade before US data
(Alliance News) - European equities closed lower on Tuesday, with sentiment downbeat ahead of Wednesday's US inflation reading, though impetus could be found in gold, which hit another record high.
Read more9 Apr 2024 15:12
London close: Stocks slip ahead of ECB, US inflation print
(Sharecast News) - London markets closed lower on Tuesday, as investors braced for a key US inflation reading as well as a policy announcement from the European Central Bank later in the week.
Read more9 Apr 2024 12:00
LONDON MARKET MIDDAY: FTSE 100 treads water despite boost from miners
(Alliance News) - Equities in London lacked impetus heading into Tuesday, as investors moved with caution ahead of a US inflation print on Wednesday and the European Central Bank's interest rate decision a day later.
Read more9 Apr 2024 10:21
PRESS: Shell could make London exit if value gap to US does not close
(Alliance News) - Shell PLC fired a warning shot to that it could be prepared to move its listing to the US in a fresh blow to London's financial centre.
Read more9 Apr 2024 08:53
TOP NEWS: BP predicts upstream production will rise in first quarter
(Alliance News) - BP PLC on Tuesday said it expects first quarter upstream production to be higher than the previous three month period but cautioned lower prices would hurt performance elsewhere.
Read more9 Apr 2024 08:44
LONDON MARKET OPEN: Stocks shaky ahead of US CPI data, ECB decision
(Alliance News) - Stock prices in London opened mostly lower on Tuesday, as investors look ahead to a key inflation reading from the US, as well as the latest interest rate decision from the European Central Bank.
Read more9 Apr 2024 07:51
BP expects rise in first-quarter upstream energy output
April 9 (Reuters) - BP said on Tuesday it expects first-quarter upstream production of both oil and gas as well as low-carbon energy to be higher than the previous three months.
Read more9 Apr 2024 07:39
LONDON BRIEFING: HSBC sells Argentinian arm for USD550 million
(Alliance News) - Stocks in London are called to open lower on Tuesday, as investors nervously look ahead to US inflation data and the European Central Bank's latest interest rate decision.
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