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Share Price Information for BP (BP.)

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Share Price: 483.00
Bid: 481.65
Ask: 481.80
Change: 0.45 (0.09%)
Spread: 0.15 (0.031%)
Open: 479.30
High: 483.25
Low: 477.30
Prev. Close: 482.55
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Feinberg: Gulf Oil Spill Fund To Begin Payouts In August-Report

Thu, 15th Jul 2010 22:00

DOW JONES NEWSWIRES The $20 billion that oil giant BP PLC (BP, BP.LN) has promised to help businesses hit by the leaking well in the Gulf of Mexico should start making payouts in early August, the Times Picayune quoted the man in charge of disbursing the money as telling officials Thursday near New Orleans. Kenneth Feinberg, stressing his independence from BP and the U.S. government, began a public relations campaign to pitch the program and answer questions from residents, business owners and public officials. He is looking to encourage all individuals and businesses to submit claims to the program when it starts next month. Feinberg said he expects a seamless transition from BP management to his administration. "My goal is to improve that system. I'm determined to come up with a system that is more beneficial to the people using it," he said. Feinberg was to attend town hall meetings in elsewhere in Louisiana before traveling Friday to Mississippi. BP, which is responsible for the April 20 disaster that continues to send millions of gallons of oil into the ocean, has agreed to put $5 billion each year for the next four years into an escrow account. People may then apply for the cash through a claims program that Feinberg said will be set up within the next few weeks. Feinberg also said BP has promised to cover all eligible claims, even after the $20 billion is exhausted. The U.K. company has spent about $150 million so far on individual and business claims in a separate program that isn't drawing from the escrow account. Full story at http://www.nola.com/news/gulf-oil-spill/index.ssf/2010/07/ken_feinberg_20_billion_in_oil.html -Dow Jones Newswires; 212-416-2900 Order free Annual Report for BP plc Visit http://djnewswires.ar.wilink.com/?link=BP or call 1-888-301-0513 Order free Annual Report for Transocean Inc. Visit http://djnewswires.ar.wilink.com/?link=RIG or call 1-888-301-0513 (END) Dow Jones Newswires July 15, 2010 17:00 ET (21:00 GMT)
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6 Feb 2024 07:47

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6 Feb 2024 07:02

BP unveils $1.75bn buyback as 2023 profits halve on weaker oil price

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2 Feb 2024 13:14

BP appoints Kate Thomson as its permanent finance chief

(Sharecast News) - BP announced the appointment of Kate Thomson as its new, permanent chief financial officer on Friday, effective immediately.

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2 Feb 2024 12:27

TOP NEWS: BP promotes Kate Thomson as permanent finance chief

(Alliance News) - BP PLC on Friday named Kate Thomson as its permanent chief financial officer, after being in the interim role since September.

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2 Feb 2024 12:09

LONDON MARKET MIDDAY: Airlines up but oil falls on Middle East talks

(Alliance News) - Stock prices in London were higher at midday Friday, ahead of the afternoon's US jobs data, as earnings from tech behemoths overnight lifted investor morale.

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2 Feb 2024 08:54

LONDON MARKET OPEN: European stocks lifted on Wall Street's gains

(Alliance News) - Stock prices in London opened higher on Friday, closing of a busy week of monetary policy decisions.

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1 Feb 2024 17:03

LONDON MARKET CLOSE: Stocks down on hawkish BoE interest rates hold

(Alliance News) - Stock prices in London closed down on Thursday after the Bank of England left interest rates on hold in a split decision that was hawkish on expectations of rate cuts.

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1 Feb 2024 12:22

LONDON MARKET MIDDAY: BoE keeps bank rate on hold in split decision

(Alliance News) - London's FTSE 100 was on the up on Thursday afternoon after the Bank of England left interest rates on hold on Thursday, in a split decision.

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New UK oil and gas exploration licences approved in the North Sea

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LONDON MARKET OPEN: Shells begins USD3.5 billion buyback; eyes on BoE

(Alliance News) - Stock prices in London opened mixed, ahead of the Bank of England's first interest rate decision of the year.

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UK earnings, trading statements calendar - next 7 days

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GSK PLCFull Year Results
ITM Power PLCHalf Year Results
NWF Group PLCHalf Year Results
Thursday 1 February 
Airtel Africa PLCTrading Statement
AG Barr PLCTrading Statement
BT Group PLCTrading Statement
Cranswick PLCTrading Statement
Gem Diamonds LtdTrading Statement
Glencore PLCTrading Statement
JTC PLCTrading Statement
Rank Group PLCHalf Year Results
Shell PLCFull Year Results
TClarke PLCTrading Statement
Friday 2 February 
YouGov PLCTrading Statement
Monday 5 February 
Home REIT PLCTrading Statement
Porvair PLCFull Year Results
Trident Royalties PLCTrading Statement
Vodafone Group PLCTrading Statement
Tuesday 6 February 
Alumasc Group PLCHalf Year Results
BP PLCFull Year Results
Filtronic PLCHalf Year Results
Mattioli Woods PLCHalf Year Results
Renishaw PLCHalf Year Results
Virgin Money UK PLCTrading Statement
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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29 Jan 2024 17:25

London close: Stocks turn weaker ahead of busy week for earnings

(Sharecast News) - London's stock market saw slight declines by the close on Monday, as investors turned their attention to a week filled with corporate earnings reports and central bank announcements.

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29 Jan 2024 17:02

LONDON MARKET CLOSE: Stocks slightly down pre US Fed, Bank of England

(Alliance News) - Stock prices in London closed mutedly lower on Monday, ahead of a busy week of interest rate decisions and economic data.

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29 Jan 2024 12:02

LONDON MARKET MIDDAY: FTSE 100 nudges higher ahead of rate decisions

(Alliance News) - Stock prices in London were mixed going into Monday afternoon, ahead of a busy week of interest rate decisions and economic data.

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