George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full 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: 496.10
Bid: 496.05
Ask: 496.15
Change: 3.30 (0.67%)
Spread: 0.10 (0.02%)
Open: 495.45
High: 498.75
Low: 493.30
Prev. Close: 492.80
BP. Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

On Dow Jones Investment Banker Today: BP, China's Port Firms

Mon, 21st Jun 2010 22:27

LONDON (Dow Jones Investment Banker)--The following columns have been published exclusively on Dow Jones Investment Banker in recent days. Many Dow Jones Investment Banker columns contain spreadsheets, video, PDFs and other supporting material. To arrange access to the best of Dow Jones news and opinion on companies, sectors and deals for investment bankers, please contact investmentbanker@dowjones.com. To see more, visit: http://www.dowjones.com/banker THE DRILL: Et Tu, Anadarko? NEW YORK--Anadarko Petroleum Corp.'s (APC) accusation that BP PLC (BP.LN) committed gross negligence or willful misconduct has consequences far beyond the division of liability between the two companies. If Anadarko eventually presses that position in court -- and its survival could depend on it -- other plaintiffs could piggy-back on a finding against BP, increasing its exposure and accelerating claims against it. Anadarko's charge also signals another potential risk for BP: With the rest of the oil industry publicly questioning BP's drilling and safety practices, it may become harder for BP to find exploration and development partners. (Includes downloadable PDF: Key clause in BP-Anadarko agreement.) Contact the columnists: ed.tan@dowjones.com; john.morris@dowjones.com THE REMEDY: Activism A Way In For Private Financiers LONDON--When times are hard you need to adapt and spread the risk. So says the life sciences investment group Abingworth Management Ltd., citing its championing of the concept of VIPE financing as one way of providing different vehicles relevant at different points in the cycle. Dow Jones Investment Banker caught up with Joseph Anderson, an Abingworth partner who heads up investments in public companies. He says the current environment for VIPEs (venture investments in public equity) is "extremely favorable." Contact the columnist: jacob.plieth@dowjones.com TIER ONE: Consolidation, Deconsolidation All Good News For Lightyear NEW YORK--Asset management, transaction processing and community banks are all promising investment areas as the financial system is restructured, Donald Marron, founder of the private equity firm Lightyear Capital, tells Dow Jones Investment Banker. Whatever the final landscape of the financial sector, this much is clear: There will be additional constraints on banks that will result in the separation of some of their businesses. The consolidation of Wall Street's top players should also generate opportunities, according to Marron, whose firm focuses on the financial industry. Contact the columnist: lisa.lee@dowjones.com HEAVY DUTY: Deal-Making In Chinese Ports HONG KONG--Listed Chinese port companies are low-hanging fruit for spinoffs, asset injections from unlisted parent companies, general M&A activity and capital-raising in some form as they seek to overhaul their asset base to cater to growing demand for capacity from China's economy. For sure, Chinese monetary tightening and the euro-zone implosion have thrown a monkey wrench into equity-raising, as macro factors are likely to weigh on port traffic/throughput and thus earnings. Nonetheless, even baking into forecasts a construction bust for China's developed eastern seaboard, it's hard to argue against long-term growth in demand for commodities and infrastructure from the less developed interior, which suggests continued project financing and asset injections for the likes of the big state-backed Chinese port plays like Dalian Port or China Merchants Holdings (International) Co. (Includes downloadable Excel spreadsheet of recent run of PYI Corp. deals.) Contact the columnist: jamie.miyazaki@dowjones.com TIER ONE: Yes, But What If New Bank Rules Actually Work? LONDON--Pause for thought; what if the Biblical flood of new regulations and proposals designed to curb investment banks' appetite and ability to take risk actually worked? The latest wave to break over bankers is the new U.K. government's decision to abolish the Financial Services Authority, hand power to the Bank of England and create a Banking Commission charged, in part, with gauging whether investment banks should be split up. This is in addition to the rising tide of regulation that includes banks being asked to reserve more capital against market-based activities, higher capital and liquidity levels, restrictions on proprietary trading, proposals for swap desks to be separated out and new rules for derivatives trading. Unsurprisingly, many banks' share prices have lower returns factored in. A question then: if the current raft of regulations work, why the need to break up banks? Contact the columnist: joe.ortiz@dowjones.com (END) Dow Jones Newswires June 21, 2010 17:27 ET (21:27 GMT)
More News
Today 10:00

How the oil industry is thriving despite Joe Biden's climate policies

GRAPHIC on Biden's oil boom: https://www.reuters.com/graphics/USA-BIDEN/OIL/lgpdngrgkpo/

By Nichola Groom, Jarrett Renshaw

Read more
27 Mar 2024 20:59

New England offshore wind auction draws multiple bidders

March 27 (Reuters) -

Read more
27 Mar 2024 12:47

Ithaca Energy gets bid rights on Eni's UK assets, profit slips

March 27 (Reuters) - Ithaca Energy has been given a four-week exclusivity period by Italy's Eni, to make an offer for UK exploration and production assets that could expand its output massively, the London-listed company said on Wednesday.

Read more
27 Mar 2024 09:01

Big Oil's climate planning not good enough, investor group says

Climate Action 100+ assessed 10 top oil companies

*

Read more
27 Mar 2024 08:31

Big Oil's climate planning not good enough, investor group says

Climate Action 100+ assessed 10 top oil companies

*

Read more
25 Mar 2024 16:51

LONDON MARKET CLOSE: Renewed global tensions put pressure on stocks

(Alliance News) - Stock prices in London started the week in bad shape and closed lower on Monday, as investors sat on their hands amid rising global tensions.

Read more
21 Mar 2024 15:00

UK dividends calendar - next 7 days

Friday 22 March 
easyJet PLCdividend payment date
FRP Advisory Group PLCdividend payment date
Gulf Investment Fund PLCdividend payment date
Henderson Opportunities Trust PLCdividend payment date
Hercules Site Services PLCdividend payment date
Impax Asset Management Group PLCdividend payment date
JLEN Environmental Assets Group Ltddividend payment date
JPMorgan Multi-Asset Growth & Income PLCdividend payment date
Mattioli Woods PLCdividend payment date
Mobeus Income & Growth 2 VCT PLCdividend payment date
Mobeus Income & Growth 4 VCT PLCdividend payment date
Ramsdens Holdings PLCdividend payment date
Riverstone Credit Opportunities Income PLCdividend payment date
Ruffer Investment Co Ltddividend payment date
Samuel Heath & Sons PLCdividend payment date
Troy Income & Growth Trust PLCdividend payment date
Unilever PLCdividend payment date
Monday 25 March 
AstraZeneca PLCdividend payment date
Endeavour Mining PLCdividend payment date
Mountview Estates PLCdividend payment date
Shell PLCdividend payment date
Tuesday 26 March 
no events scheduled 
Wednesday 27 March 
abrdn Diversified Income & Growth PLCdividend payment date
Thursday 28 March 
Alliance Trust PLCdividend payment date
Balanced Commercial Property Trust Ltddividend payment date
Berkeley Group Holdings PLCdividend payment date
BHP Group Ltddividend payment date
BlackRock Energy & Resources Inc Trust PLCex-dividend payment date
BlackRock Sustainable American Income Trust PLCex-dividend payment date
BlackRock Throgmorton Trust PLCdividend payment date
BP PLCdividend payment date
City of London Investment Group PLCdividend payment date
Crown Place VCT PLCdividend payment date
CT UK Capital & Income Investment Trust PLCdividend payment date
Develop North PLCdividend payment date
Diversified Energy Co PLCdividend payment date
Downing Renewables & Infrastructure Trust PLCdividend payment date
Gateley Holdings PLCdividend payment date
Genus PLCdividend payment date
Hargreaves Lansdown PLCdividend payment date
HICL Infrastructure PLCdividend payment date
Idox PLCex-dividend payment date
Imperial Brands PLCdividend payment date
Melrose Industries PLCex-dividend payment date
Mid Wynd International Investment Trust PLCdividend payment date
Moneysupermarket.com Group PLCex-dividend payment date
NextEnergy Solar Fund Ltddividend payment date
North Atlantic Smaller Cos Investment Trust PLCdividend payment date
Personal Group Holdings PLCex-dividend payment date
Premier Miton Global Renewables Trust PLCdividend payment date
Quartix Technologies PLCex-dividend payment date
Renewables Infrastructure Group Ltddividend payment date
Schroder Real Estate Investment Trust Ltddividend payment date
SDCL Energy Efficiency Income Trust PLCdividend payment date
Smith & Nephew PLCex-dividend payment date
Taylor Wimpey PLCex-dividend payment date
Thames Ventures VCT 2 DSO 1 D PLCdividend payment date
Travis Perkins PLCex-dividend payment date
Utilico Emerging Markets Trust PLCdividend payment date
Vaalco Energy Incdividend payment date
Value & Indexed Property Income Trust PLCex-dividend payment date
VH Global Sustainable Energy Opportunities PLCdividend payment date
Volution Group PLCex-dividend payment date
Wynnstay Group PLCex-dividend payment date
  
Comments and questions to newsroom@alliancenews.com
  
A full 14-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
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

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.