Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.

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: 520.40
Bid: 521.20
Ask: 521.40
Change: -2.90 (-0.55%)
Spread: 0.20 (0.038%)
Open: 526.00
High: 529.30
Low: 520.40
Prev. Close: 523.30
BP. Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Obama To Host UK PM On First White House Visit

Mon, 19th Jul 2010 02:47

LONDON (AFP)--U.K. Prime Minister David Cameron meets U.S. President Barack Obama at the White House Tuesday for the first time since taking power, with stricken oil giant BP PLC (BP) and Afghanistan set to top the agenda. Cameron and Obama have already built a close rapport--they swapped bottles of beer at last month's Group of 20 summit in Toronto after a World Cup football bet, weeks after Cameron took office as head of a coalition government in May. But the "special relationship" could be tested over BP's role in the Gulf of Mexico oil spill, plus a linked controversy over the release from a Scottish jail of a Libyan who killed 270 mainly U.S. citizens in a 1988 plane bombing. In an interview ahead of the two-day trip, Cameron said he and Obama would talk about U.K.-based BP, which has been sharply criticized in the U.S. for its handling of the country's worst-ever environmental disaster. "President Obama and I have a very good relationship, we get on well," Cameron told Time magazine. "Of course we will discuss BP. It is an important company not just for Britain, it's an important company for America as well. It employs tens of thousands of people in the U.S., as it does in the U.K." Cameron has warned against the "destruction" of BP, saying it should "remain a strong and stable company" for the sake of employees and people with pension funds invested in the company in both countries. BP faced fresh pressure last week when the U.S. Senate's Foreign Relations Committee said it would hold a hearing into the release of Abdelbaset Ali Mohmet al-Megrahi, who was convicted in 2001 of blowing up a Pan Am flight over the Scottish town of Lockerbie. They have also charged that BP might have pressed authorities in the U.K. to free Megrahi--given three months to live due to prostate cancer at the time of his release on compassionate grounds--to protect a lucrative oil deal with Libya. Megrahi is now living in Libya and a doctor who examined him was recently quoted as saying he could live for another 10 years. U.K. Foreign Secretary William Hague told U.S. Secretary of State Hillary Clinton on Saturday that there was no evidence linking BP to the Scottish government's decision to free Megrahi. Hague also stressed that Cameron's government believes Megrahi's release was a "mistake." The State Department last week described the move as an "affront." The meeting between Cameron and Obama comes following the deadliest-yet month for North Atlantic Treaty Organization-led international forces in Afghanistan, to which the U.S. and U.K. are the two largest contributors, in June. Their talks will come as a major international conference takes place in Kabul on the development strategy for rebuilding Afghanistan, attended by figures including Clinton. Both leaders inherited the Afghan war from predecessors and are eyeing troop withdrawals through a strategy of securing key towns and cities while training up local security services. Obama wants to start pulling U.S. personnel out from July next year, while Cameron says U.K. combat forces should be coming home within five years. Despite close ties, particularly over the war, experts have warned that talk of a "special relationship" between the U.S. and U.K. is becoming outdated as the U.S. focuses on higher strategic priorities, particularly in Asia. This didn't stop the two leaders speaking warmly of ties between their two countries in Toronto, which they said they hoped would get stronger in years ahead. Cameron will be hoping for a warmer reception from Obama at the White House than his predecessor Gordon Brown got when they first met there last year. Obama was accused of snubbing Brown by presenting him with a set of DVDs that wouldn't even work in a U.K. player. (END) Dow Jones Newswires July 18, 2010 21:47 ET (01:47 GMT)
More News
19 Mar 2024 16:57

LONDON MARKET CLOSE: European large-caps rise on eve of Fed decision

(Alliance News) - Blue-chip stock prices in Europe closed higher on Tuesday, showing little signs of nerves ahead of Wednesday's Federal Reserve decision and UK inflation reading.

Read more
19 Mar 2024 11:52

LONDON MARKET MIDDAY: European markets flat ahead of Fed and BoE

(Alliance News) - Stock prices in London were down at midday on Tuesday, as investors sat on their hands ahead of interest rate decisions from the UK and US.

Read more
18 Mar 2024 11:49

LONDON MARKET MIDDAY: FTSE 100 as shakes off pre-interest rate nerves

(Alliance News) - Stock prices in London were higher at midday Monday, as eyes were firmly on interest rate decisions across the globe.

Read more
15 Mar 2024 13:07

IN BRIEF: Costain wins place on GBP4 billion carbon capture project

Costain Group PLC - Maidenhead, Berkshire-based construction and engineering firm - Selected as one of nine specialist partners to deliver a carbon capture project beneath the North Sea off the east cost of England. The engineering, procurement, and construction contracts for the East Coast Cluster have a combined value of around GBP4 billion, Costain says. The contracts will be with Net Zero Teesside Power and the Northern Endurance Partnership. NZT Power is a electricity generating joint venture of the UK's BP PLC and Norway's Equinor. NEP is a joint venture of BP, Equinor and France's TotalEnergies SE that will provide CO2 transport and storage for the East Coast Cluster. Final investment decisions are expected in September or earlier, with the projects aiming for commercial operations from 2027.

Read more
15 Mar 2024 12:11

LONDON MARKET MIDDAY: FTSE 100 underperforms despite mining, oil boost

(Alliance News) - London's FTSE 100 overcame a muted morning to head into Friday afternoon on the up, though its progress was shy of the loftier gains seen by mainland European peers, as investors showed some signs of trepidation ahead of a pair of interest rate decisions next week.

Read more
14 Mar 2024 11:54

BP details green credentials in similar push towards net zero as Shell

(Alliance News) - BP PLC on Thursday outlined similar targets to cut emissions as peer Shell PLC, as both oil and gas majors strive to become net zero for carbon emissions by 2050.

Read more
14 Mar 2024 10:19

BP picks up Ashford site to boost electric charging scope for trucks

(Alliance News) - BP PLC on Thursday stepped up plans to increase its electric charging capacity for heavy goods vehicles by buying one of the largest truck stops in Europe.

Read more
8 Mar 2024 13:42

BP appoints Aviva boss Amanda Blanc as senior independent director

(Sharecast News) - Oil giant BP said on Friday that it has appointed Aviva chief executive Amanda Blanc as senior independent director with effect from after the annual meeting on 25 April.

Read more
8 Mar 2024 12:20

IN BRIEF: BP promotes Aviva chief executive officer to senior director

BP PLC - London-based oil major - Non-Executive Director Amanda Blanc will be appointed as a senior independent director, effective from April 25 at the conclusion of BP's annual general meeting. Blanc joined BP's board in September 2022. She has been group chief executive officer of Aviva PLC since July 2020. Company also says Senior Independent Director Paula Reynolds will retire at the AGM's conclusion, having served on the board for nine years. Non-Executive Director John Sawers will also be retiring.

Read more
8 Mar 2024 10:33

BP pays Auchincloss £8m in 2023, claws back £1.8m from Looney

(Sharecast News) - BP chief executive officer Martin Auchincloss was paid £8m for his services in a particularly prosperous year, it was revealed on Friday, as it managed to claw back a further £1.8m from its former head Bernard Looney.

Read more
4 Mar 2024 15:29

London close: Stocks languish ahead of Wednesday's Budget

(Sharecast News) - London's stock markets finished in the red on Monday, reflecting investor apprehension ahead of the impending Spring Budget.

Read more
4 Mar 2024 10:43

Jefferies upgrades BP to 'buy'

(Sharecast News) - Jefferies upgraded BP on Monday to 'buy' from 'hold' and lifted the price target to 570p from 520p.

Read more
4 Mar 2024 08:59

LONDON BROKER RATINGS: Jefferies says buy BP; UBS says buy Compass

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

Read more
4 Mar 2024 08:55

LONDON MARKET OPEN: Review cuts Hipgnosis Songs Fund valuation

(Alliance News) - Stock prices in London opened mostly lower on Monday, as investor attention remained primarily on the release of the UK Spring budget on Wednesday.

Read more
4 Mar 2024 07:41

LONDON BRIEFING: Stocks called down; attention on UK's spring budget

(Alliance News) - Stocks in London are called to open lower, ahead of a busy week of economic news.

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.