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Megrahi Release 'Wrong' But No Link To BP - Britain's Hague

Sat, 24th Jul 2010 19:27

LONDON (AFP)--Britain's Foreign Secretary William Hague said Saturday that BP played no part in securing the release of the Lockerbie bomber from prison, while calling the decision to free him "wrong and misguided". Hague's comments came in a letter to John Kerry, the chairman of the U.S. Senate's Foreign Relations Committee, which is Thursday holding a hearing into the release of Libyan Abdelbaset Ali Mohment al-Megrahi from a Scottish jail. Megrahi, the only person convicted over the 1988 bombing of an airliner which killed 270 people, was freed by the Scottish government last year on compassionate grounds due to his terminal cancer. Hague's letter is the latest attempt by British politicians to offer reassurance that British-based BP, under intense pressure in the U.S. over the Gulf of Mexico oil spill, did not push for his release to pave the way for a lucrative oil deal with Libya. The issue repeatedly cropped up during Prime Minister David Cameron's visit to the White House this week and Hague has previously written to U.S. Secretary of State Hillary Clinton about it. "I believe we have a responsibility to address the unsubstantiated rumours that there was some sort of conspiracy involving BP which led to Mr Megrahi's release," Hague wrote to Kerry in a letter released by the Foreign Office. He said there had been "legitimate" contacts on at least five occasions between oil giant BP and senior British officials over a prisoner transfer agreement between Britain and Libya which was signed in 2008. But Megrahi was not released under this, instead being freed on compassionate grounds by the Scottish government. "There is no evidence that corroborates in any way the allegation of BP's involvement in the Scottish Executive's entirely separate decision to release Mr. Megrahi on compassionate grounds in 2009, nor any suggestion that the Scottish Executive decided to release him on compassionate grounds in order to facilitate oil deals for BP," Hague wrote. Meanwhile Scottish Justice Secretary Kenny MacAskill, who made the decision to free Megrahi, defended his decision not to go to Washington to give evidence to the U.S. Senate committee. "I'm elected by the people of Scotland and accountable to the people of Scotland," he told the BBC. "This matter is a matter of Scottish jurisdiction." Scotland forms part of Britain, but under its devolved administration has control over its own justice matters. BP Chief Executive Tony Hayward has been asked to attend Thursday's committee hearing. The firm has confirmed it will send a representative. (END) Dow Jones Newswires July 24, 2010 14:27 ET (18:27 GMT)
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6 Feb 2024 12:10

LONDON MARKET MIDDAY: BP tops FTSE 100 index on buyback promise

(Alliance News) - The FTSE 100 was higher at midday Tuesday, despite lingering unease in equity markets on US interest rate worries, while BP led the way among London's large-caps as it announced a buyback plan.

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6 Feb 2024 09:04

TOP NEWS: BP promises buybacks and hikes dividend despite profit fall

(Alliance News) - BP PLC on Tuesday reaffirmed it is sticking to its commitment to share buybacks despite reporting a profit decline amid a fall in oil prices.

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6 Feb 2024 08:53

LONDON MARKET OPEN: BP jumps after unveiling share buyback

(Alliance News) - The FTSE 100 in London opened higher on Tuesday, with oil major BP at the top of the index, thanks to its new share buyback programme.

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6 Feb 2024 07:47

LONDON BRIEFING: BP promises buyback despite drop in profit

(Alliance News) - Stocks in London are called to open higher, ahead of a slew of construction purchasing managers' index readings from the eurozone, the UK and Germany.

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6 Feb 2024 07:02

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

(Sharecast News) - Shares in BP surged on Tuesday as the energy giant announced a $1.75bn share buyback despite a slump in annual profits as oil prices fell during 2023 from the spike caused by Russia's invasion of Ukraine.

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2 Feb 2024 17:12

LONDON MARKET CLOSE: Stocks mixed as US jobs data dashes rate cut hope

(Alliance News) - Stock prices in London closed mixed, after hotter-than-expected US jobs data hit already precarious investor sentiment and all but ensured the Federal Reserve will not be cutting interest rates next month.

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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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1 Feb 2024 10:06

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

(Alliance News) - The UK's oil and gas regulator has awarded 24 new exploration licences to 17 separate companies in a move that has been welcomed by a trade body but condemned by climate campaigners.

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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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Home REIT PLCTrading Statement
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Trident Royalties PLCTrading Statement
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