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Share Price Information for BP (BP.)

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Share Price: 515.80
Bid: 516.20
Ask: 516.40
Change: 6.40 (1.26%)
Spread: 0.20 (0.039%)
Open: 508.50
High: 517.60
Low: 503.60
Prev. Close: 509.40
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Petrobras declares two fields 'commercial'; hold 351 mln bbls

Thu, 03rd Jan 2013 13:29

* Tartaruga Verde, Tartaruga Mistiça are new field names * Recoverable reserves equal to 19 days U.S. demand RIO DE JANEIRO, Jan 3 (Reuters) - Brazil's state-led oilcompany Petrobras said on Thursday that it declaredtwo offshore oil prospects with an estimated 351 million barrelsof oil and gas to be "commercially viable", opening the door tonew output. The Aruana and Oliva discoveries in the BM-C-36 concessionin the oil-rich Campos basin, will now be known as the TartarugaVerde, or "Green Turtle", and Tartaruga Mistiça, or "LoggerheadSea Turtle", fields, Rio de Janeiro-based Petrobras said. Tartaruga Verde has an estimated 230 million barrels ofrecoverable oil and natural gas equivalent (boe), the companysaid. Tartaruga Mistiça has an estimated 121 million boe ofrecoverable reserves. The fields hold enough oil to supply all needs in the UnitedStates, the world's largest oil consumer, for about 19 days,according to BP Plc and Reuters. Petrobras owns 100percent of each areas. The fields are about 125 km (78 miles) off Brazil's coastand about 275 km east of the city of Rio de Janeiro. Petrobras said the fields have medium-grade crude at 27degrees on the American Petroleum Institute scale, a "lighter"and more valuable grade of petroleum than most of the oilproduced in the Campos Basin. The Campos Basin is home to about 80 percent of Brazil's oiland natural gas output. The sites are about 125km (78 miles) offRio de Janeiro's coastline.
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BP investors want oil firm to approach BAE chief as CEO- Sky News

Jan 6 (Reuters) - Some of BP's largest shareholders have urged the company to approach BAE Systems Chief Executive Charles Woodburn about becoming the British oil giant's next boss, Sky News reported on Saturday, citing unidentified sources.

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BP investors want oil behemoth to target BAE chief as CEO- Sky News

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4 Jan 2024 08:58

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3 Jan 2024 18:37

Equinor, BP cancel contract to sell offshore wind power to New York

Jan 3 (Reuters) - European energy firms Equinor and BP terminated their agreement to sell power to New York state from their proposed Empire Wind 2 offshore wind farm, citing rising inflation, higher borrowing costs, and supply chain issues.

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3 Jan 2024 17:02

Equinor and BP cancel contract to sell offshore wind power to New York

Jan 3 (Reuters) - Equinor and BP terminated on Wednesday their agreement to sell power to New York state from their 1,260-megawatt Empire Wind 2 offshore wind farm, citing rising inflation, higher borrowing costs, and supply chain issues.

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3 Jan 2024 16:52

LONDON MARKET CLOSE: Stocks down ahead of US Fed minutes

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Chill Brands plots product launches and looks to ease regulatory worry

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LONDON MARKET CLOSE: Stocks down amid disappointing manufacturing data

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29 Dec 2023 13:01

LONDON MARKET CLOSE: UK equities outclassed by other markets in 2023

(Alliance News) - Stock prices in London closed mixed on Friday, the final trading day of 2023, as the annual returns from UK equities were outshone by international markets.

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28 Dec 2023 16:54

LONDON MARKET CLOSE: End of year rally cools as FTSE 100 edges lower

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