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Share Price Information for BP (BP.)

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Share Price: 508.20
Bid: 508.00
Ask: 508.20
Change: -2.20 (-0.43%)
Spread: 0.20 (0.039%)
Open: 506.40
High: 515.30
Low: 504.70
Prev. Close: 510.40
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Brazil offers Rosneft possible offshore oil, gas access-report

Tue, 05th Feb 2013 14:11

MOSCOW, Feb 5 (Reuters) - Brazil has offered Russianstate-owned producer Rosneft possible access to theSouth American's country vast offshore oil and gas deposits,Interfax news agency reported on Tuesday, citing sources closeto the company.

Brazil plans to hold its 11th-round auction of oil andnatural gas rights on May 14 and 15 in Rio de Janeiro,restarting sales of exploration and production leases for thefirst time in five years. It was not clear if the offer bore anyconnection to the auction.

Interfax quoted one source as saying Brazil asked Rosneft toget to know the country's resource base and consider whether itwas worth developing its offshore oil and gas deposits.

"It is possible that Rosneft's officials will gather fortalks in the immediate future," it quoted another source assaying.

A Rosneft spokeswoman declined to comment.

Rosneft is already active in another Latin America country,Venezuela, while its chief executive Igor Sechin, a long-timeally of Russian President Vladimir Putin, is keen on expandingthe company's global reach.

Rosneft is in a process of acquiring Anglo-Russian oilproducer TNK-BP for $55 billion, the largest such dealin Russian corporate history. It has signed deals withExxonMobil, Statoil and Eni to tapoffshore oil and gas in Russia's Arctic region.

TNK-BP is exploring for hydrocarbons in Brazil's Solimoesbasin in partnership with a local exploration company, HRTParticipacoes em Petroleo SA.

Brazil halted a decade of annual auctions in 2008 after thediscovery of giant offshore fields in the Santos Basin, bystate-led oil company Petrobras and partners such as GreatBritain's BG Group Plc, Spain's Repsol SA andPortugal's Galp Energia SGPS SA.

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Europe's main energy stocks index hits highest since 2008

April 12 (Reuters) - The main European energy stocks index hit its highest level since 2008 as higher oil prices, geopolitical risks, and global economic uncertainty drew in investors on Friday.

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12 Apr 2024 14:45

London close: Stocks mixed as data shows UK GDP growth

(Sharecast News) - London's markets closed with a mixed performance on Friday, as investors digested the latest GDP data suggesting an end to the recession in the UK.

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12 Apr 2024 11:51

LONDON MARKET MIDDAY: February data spurs end of UK recession hopes

(Alliance News) - Stocks in London got a boost on Monday at midday, as investors were optimistic that the UK is heading out of its short lived recession.

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12 Apr 2024 11:47

Europe's main energy stocks index hits highest since 2008

April 12 (Reuters) - The main European energy stocks index hit its highest level since 2008 as higher oil prices, geopolitical risks, and global economic uncertainty drew in investors on Friday.

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12 Apr 2024 11:37

TOP NEWS: BP shares rise after reports Adnoc had pondered takeover

(Alliance News) - Shares in BP jumped on Friday after reports that the state-owned, United Arab Emirates oil company was considering, but had ruled out, a bid for the London-based oil major.

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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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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.

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11 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.

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10 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.

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10 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.

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9 Apr 2024 17:26

Slide in defence stocks knocks down Europe's STOXX 600

BP gains on higher quarterly upstream energy output forecast

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9 Apr 2024 17:13

FTSE 100 ends down as defence stocks offset commodity gains

Easter food spending lifts UK retail sales in March

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9 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.

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9 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.

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9 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.

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