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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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26 Jan 2024 23:06

Equinor, Orsted bid for better contract in NY offshore wind auction

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26 Jan 2024 13:16

Equinor sticks to 2030 renewables targets after US wind project reset

OSLO, Jan 26 (Reuters) -

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26 Jan 2024 12:11

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26 Jan 2024 10:03

Equinor sticks to 2030 renewables targets after US wind reshuffle

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26 Jan 2024 08:48

LONDON MARKET OPEN: Oil majors boost FTSE; LVMH lifts Burberry

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25 Jan 2024 11:00

Big turnout expected in New York offshore wind power auction

Jan 25 (Reuters) - Several offshore wind developers will likely bid in New York's fourth offshore wind solicitation by the Thursday deadline, including units of European energy firms Orsted, Equinor and BP.

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23 Jan 2024 17:25

BP sees Trinidad deepwater gas project getting greenlight as soon as 2025

PORT OF SPAIN, Jan 23 (Reuters) - BP expects the Calypso deepwater natural gas field off Trinidad and Tobago, which it shares with Woodside Energy, to get the greenlight when a final investment decision (FID) is made as early as the end of next year, a company executive said.

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23 Jan 2024 08:47

LONDON MARKET OPEN: Stocks see muted open; oil majors rise

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22 Jan 2024 19:33

Trinidad in talks with Europe to supply Venezuelan gas

PORT OF SPAIN, Jan 22 (Reuters) - Trinidad and Tobago has begun talks with some European countries on the supply of liquefied natural gas (LNG) produced from Venezuelan gas, Prime Minister Keith Rowley said on Monday.

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SDI promotes Chief Operating Officer Stephen Brown to chief executive

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18 Jan 2024 21:47

Three New England states extend offshore wind solicitation due date

Jan 18 (Reuters) - Massachusetts, Connecticut and Rhode Island extended on Thursday the date bids are due in the states' next offshore wind solicitations from Jan. 31 to March 27.

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