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Share Price Information for BP (BP.)

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Share Price: 468.70
Bid: 468.65
Ask: 468.75
Change: -1.80 (-0.38%)
Spread: 0.10 (0.021%)
Open: 468.40
High: 472.45
Low: 467.30
Prev. Close: 470.50
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BP makes major oil discovery in Gulf of Mexico

Wed, 18th Dec 2013 07:24

LONDON, Dec 18 (Reuters) - Britain's BP Plc said onWednesday it had made a significant oil discovery at its Gilaprospect in the deepwater U.S. Gulf of Mexico.

"The Gila discovery is a further sign that momentum isreturning to BP's drilling operations and well execution in theGulf of Mexico," said Richard Morrison, Regional President ofBP's Gulf of Mexico business.

BP, which co-owns the Gila prospect with ConocoPhillips, said appraisal drilling would now be required todetermine the size and potential commerciality of the discovery.

BP said it was the third significant discovery it had madein the Paleogene play in the Gulf of Mexico in recent years,following Kaskida in 2006 and Tiber in 2009.

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28 Dec 2023 16:54

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28 Dec 2023 09:02

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

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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

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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

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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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