Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBP Share News (BP.)

Share Price Information for BP (BP.)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 460.00
Bid: 459.60
Ask: 459.80
Change: 0.00 (0.00%)
Spread: 0.20 (0.044%)
Open: 460.30
High: 463.35
Low: 458.30
Prev. Close: 460.00
BP. Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Hurricane Would Be 'Major Challenge' To Gulf Of Mexico Efforts -NOAA

Mon, 28th Jun 2010 04:29

By Cassandra Sweet Of DOW JONES NEWSWIRES As BP PLC (BP) works to plug an oil leak in the Gulf of Mexico and scientists work to figure out how the oil is affecting underwater sea life, the active hurricane season forecast for this summer is a major concern. "A hurricane would present a major challenge to the Gulf" disaster recovery and management efforts, said Jane Lubchenco, head of the National Oceanic and Atmospheric Administration. "The earlier it is, the more challenging it would be." While tropical storm Alex moved toward the Gulf Sunday on a path likely to avoid the oil spill, it served as a reminder that the National Hurricane Center, run by the NOAA, has predicted a more active Atlantic hurricane season than normal, with a potential for up to 14 hurricanes, up to seven of which could be major. While BP works to collect several thousand barrels of oil a day, the company is at least a few weeks away from completing relief wells that it hopes will permanently stanch the flow of oil from the broken Macondo well nearly a mile below the surface. If Mother Nature can hold off on any hurricanes until after BP plugs the hole, it would do the Gulf a world of good, as a hurricane headed for the Gulf could disrupt current containment efforts and preparation of the relief wells. Scientists have estimated that as much as 60,000 barrels of oil are spewing from the broken well into the ocean each day. BP said Sunday it collected 22,750 barrels of oil on Saturday. Government scientists and scientists from research institutions studying the area around the spill have found that underwater oxygen levels--a key concern for marine life--are at safe levels, Lubchenco said in an interview late Friday. In a federal report released Wednesday, scientists concluded that droplets of oil are sitting deep underwater in the Gulf, but that the oil didn't appear to have cut the amount of underwater oxygen to levels that would hurt marine life. 'There's No Underwater Lake Of Black Stuff' Scientists are continuing to test water samples from various depths and areas in the Gulf to determine where the underwater oil is, and where it's going, Lubchenco said. Because the oil is leaking from so deep beneath the surface, much of it is staying underwater, she said. Methane gas beneath the seafloor is pushing the oil at high pressure out of the broken well, causing the spewing oil to scatter into droplets, rather than stay together in a stream, she said. As the oil mixes with water it breaks up into even smaller pieces. Small oil droplets tend to remain underwater and are difficult to find, Lubchenco said. The droplets also are a result of chemical dispersants that BP has been spraying on the oil to break it up and prevent it from washing ashore. While the dispersants themselves are toxic, they're less toxic than the oil, she said. "It's the lesser of two evils," said Lubchenco, a Ph.D. marine ecologist who taught at Harvard University and Oregon State University before being selected to head NOAA. The droplets are so small, they're not visible to the naked eye, Lubchenco said. Scientists have to collect samples from deep underwater and bring them to the surface to be analyzed. Lubchenco said the underwater oil plume is more of a "cloud" or a "mist." "There's no underwater lake of black stuff," she said. Lubchenco said scientists will have a better idea where the underwater oil is migrating and how it's affecting marine life "in another couple of weeks." -By Cassandra Sweet, Dow Jones Newswires; 415-269-4446; cassandra.sweet@dowjones.com (END) Dow Jones Newswires June 27, 2010 23:29 ET (03:29 GMT)
More News
13 Dec 2023 09:15

LONDON BROKER RATINGS: Exane BNP cuts Shell; JPMorgan cuts WPP

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

Read more
13 Dec 2023 08:56

LONDON MARKET OPEN: Stocks in green as all eyes on US Fed

(Alliance News) - Stock prices in London opened higher on Wednesday, despite some disappointing data about the UK economy, as well as pre-central bank decision nerves.

Read more
13 Dec 2023 06:00

EV charger station firms battle for prime locations in Europe, US

LONDON/DETROIT, Dec 13 (Reuters) -

Read more
12 Dec 2023 22:37

Shell to boost production at Perdido's oil project in US Gulf of Mexico

Dec 12 (Reuters) - Shell PLC on Tuesday said it has made a final investment decision (FID) to boost production at the Perdido oil project in the U.S. Gulf of Mexico, starting in April 2025.

Read more
12 Dec 2023 16:55

LONDON MARKET CLOSE: Europe rally loses steam as focus turns to Fed

(Alliance News) - London's FTSE 100 spent most of the day solidly in the green, and the CAC 40 in Paris spiked to a record high, though Tuesday's rally waned and signs of caution emerged again ahead of a trio of central bank decisions.

Read more
12 Dec 2023 15:50

UK dividends calendar - next 7 days

Wednesday 13 December 
no events scheduled 
Thursday 14 December 
Associated British Foods PLCspecial ex-dividend payment date
Associated British Foods PLCex-dividend payment date
Baltic Classifieds Group PLCex-dividend payment date
Barings Emerging EMEA Opportunities PLCex-dividend payment date
BlackRock Energy & Resources Income Trust PLCex-dividend payment date
Burberry Group PLCex-dividend payment date
Caffyns PLCex-dividend payment date
Chelverton UK Dividend Trust PLCex-dividend payment date
Cranswick PLCex-dividend payment date
Crystal Amber Fund Ltdex-dividend payment date
discoverIE Group PLCex-dividend payment date
DS Smith PLCex-dividend payment date
Ferguson PLCex-dividend payment date
Fuller, Smith & Turner PLCex-dividend payment date
Halfords Group PLCex-dividend payment date
ICG-Longbow Senior Secured UK Property Debt Investments Ltdex-dividend payment date
Impellam Group PLCex-dividend payment date
JPMorgan Global Emerging Markets Income Trust PLCex-dividend payment date
Mitie Group PLCex-dividend payment date
Murray Income Trust PLCex-dividend payment date
Northamber PLCex-dividend payment date
Personal Assets Trust PLCex-dividend payment date
Polar Capital Holdings PLCex-dividend payment date
Redde Northgate PLCex-dividend payment date
Residential Secure Income PLCex-dividend payment date
Sirius Real Estate Ltdex-dividend payment date
Templeton Emerging Markets Investment Trust PLCex-dividend payment date
Town Centre Securities PLCex-dividend payment date
TR Property Investment Trust PLCex-dividend payment date
Triad Group PLCex-dividend payment date
Tritax EuroBox PLCex-dividend payment date
Vertu Motors PLCex-dividend payment date
Friday 15 December 
Airtel Africa PLCdividend payment date
Asia Dragon Trust PLCdividend payment date
Craneware PLCdividend payment date
Games Workshop Group PLCex-dividend payment date
Gattaca PLCspecial dividend payment date
Gattaca PLCdividend payment date
GCP Asset Backed Income Fund Ltddividend payment date
Hargreaves Lansdown PLCdividend payment date
Henderson Opportunities Trust PLCdividend payment date
J Sainsbury PLCdividend payment date
James Halstead PLCdividend payment date
Kainos Group PLCdividend payment date
Lancashire Holdings Ltdspecial dividend payment date
Pershing Square Holdings Ltddividend payment date
Scottish American Investment Co PLCdividend payment date
Scottish Mortgage Investment Trust PLCdividend payment date
ScS Group PLCdividend payment date
Telecom Plus PLCdividend payment date
Triple Point Social Housing REIT PLCdividend payment date
Urban Logistics REIT PLCdividend payment date
Utilico Emerging Markets Trust PLCdividend payment date
Wincanton PLCdividend payment date
Witan Investment Trust PLCdividend payment date
Monday 18 December 
Atrato Onsite Energy PLCdividend payment date
CT UK Capital & Income Investment Trust PLCdividend payment date
New Star Investment Trust PLCdividend payment date
Tuesday 19 December 
BP PLCdividend payment date
Softcat PLCdividend payment date
Volution Group PLCdividend payment date
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
12 Dec 2023 02:00

UK companies pause China investment decisions as economy slows, survey shows

BEIJING, Dec 12 (Reuters) - A slowdown in both the Chinese and global economies is the biggest issue affecting British firms in the world's second-largest economy, beating geopolitical concerns and market access barriers, according to the British Chamber of Commerce in China.

Read more
11 Dec 2023 09:41

Gunvor to acquire BP's 75% stake in Spanish gas power plant

BRUSSELS, Dec 11 (Reuters) - Energy trader Gunvor has agreed to acquire a 75% stake in 785 megawatt (MW) power plant in Bilbao, Spain, from BP gas marketing, a joint statement said on Monday.

Read more
11 Dec 2023 09:13

Energy trader Gunvor to acquire 75% stake in Spanish power plant

BRUSSELS, Dec 11 (Reuters) - Energy trader Gunvor has agreed to acquire a 75% stake in 785 megawatt (MW) power plant in Bilbao, Spain, from BP gas marketing, Gunvor said on Monday.

Read more
7 Dec 2023 14:04

BP's share price undervalues its potential, says RBC

(Sharecast News) - RBC Capital Markets has reiterated its 'outperform' rating on BP, saying that energy giant's current share price is undervaluing the business.

Read more
7 Dec 2023 10:16

LONDON BROKER RATINGS: JPMorgan lowers IAG; Exane BNP cuts Vodafone

(Alliance News) - The following London-listed shares received analyst recommendations Thursday and Wednesday:

Read more
7 Dec 2023 09:09

LONDON MARKET OPEN: FTSE 100, 250 open lower but M&A impetus elsewhere

(Alliance News) - Stock prices in London opened largely lower on Thursday, while equities in Asia struggled after China trade data underwhelmed, while UK house prices rose for the second month in a row according to Halifax.

Read more
6 Dec 2023 16:52

LONDON MARKET CLOSE: Stocks in Europe boosted by dovish rhetoric

(Alliance News) - Stock prices in Europe closed higher on Wednesday, thanks to the more doveish discourse from the European Central Bank and US Federal Reserve.

Read more
6 Dec 2023 08:43

LONDON MARKET OPEN: Cooler US job openings data lifts FTSE; BAT slides

(Alliance News) - Stock prices in London opened higher on Wednesday, with a cooler reading of the US labour market on Tuesday lifting spirits, while the dollar showed some resilience despite the weaker jobs opening data.

Read more
4 Dec 2023 16:56

LONDON MARKET CLOSE: FTSE 100 slips as miners hold down index

(Alliance News) - Stock prices in London closed lower on Monday, with miners and oil firms holding down the FTSE 100 index.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.