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Slide in defence stocks knocks down Europe's STOXX 600
BP gains on higher quarterly upstream energy output forecast
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Share Price Information for BP (BP.)
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Share Price:
482.15
Bid:
482.15
Ask:
482.30
Change:
-8.65 (-1.76%)
Spread:
0.15 (0.031%)
Open:
481.75
High:
483.30
Low:
480.20
Prev. Close:
490.80
Last checked at -
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Don't have an account? Click here to register.PRESS RELEASE: BP To Establish $100M Charitable Fund
Fri, 30th Jul 2010 15:57
BATON ROUGE, La - BP today announced that it will establish a $100 million charitable fund to support unemployed rig workers experiencing economic hardship as a result of the moratorium on deepwater drilling imposed by the United States federal government. The Rig Worker Assistance Fund will be administered through the Gulf Coast Restoration and Protection Foundation, a supporting organization of The Baton Rouge Area Foundation (BRAF). This voluntary donation fulfills the commitment BP announced on June 16 to provide $100 million in assistance as a gesture of good will for the people of the Gulf Coast region. "BRAF has a strong track record of meeting community needs, and we are confident the Foundation will respond effectively to assist the rig workers who today are struggling to make ends meet," said BP Managing Director Bob Dudley. "The Foundation is committed to moving as quickly as we can to write grants from this donation by BP," said John G. Davies, Foundation president and CEO. "This agreement with BP came together over about three weeks, and we are moving rapidly to create the guidelines related to this grant program. We expect to release all the details of the program within two weeks, then to begin taking applications for grants by Sept. 1." About the Baton Rouge Area Foundation: The Baton Rouge Area Foundation is among the 20 largest community foundations in the country and the largest on the Gulf Coast, and has responded quickly after disasters. After Katrina, for instance, the Foundation raised more than $45 million from donors around the world, including $8.5 million from companies that was distributed to their displaced workers. The Foundation makes the world better in two ways. It connects fund donors - philanthropists - to worthwhile projects and nonprofits. With them, it has granted more than $232 million over 46 years to give people a chance to prosper. The foundation also takes on projects that change the direction of South Louisiana, such as revitalizing downtown, spearheading the building of the Shaw Center for the Arts, supporting innovations in public schools and reclaiming inner-city neighborhoods. For more, visit BRAF.org. Further Information: BP Press Office, US: 281 366 0265 Baton Rouge Area Foundation: 225 387 6126 (MORE TO FOLLOW) Dow Jones Newswires July 30, 2010 10:57 ET (14:57 GMT)
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9 Apr 2024 17:13
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*Read more9 Apr 2024 16:53
LONDON MARKET CLOSE: Stocks struggle in nervy trade before US data
(Alliance News) - European equities closed lower on Tuesday, with sentiment downbeat ahead of Wednesday's US inflation reading, though impetus could be found in gold, which hit another record high.
Read more9 Apr 2024 15:12
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Read more9 Apr 2024 12:00
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Read more9 Apr 2024 10:21
PRESS: Shell could make London exit if value gap to US does not close
(Alliance News) - Shell PLC fired a warning shot to that it could be prepared to move its listing to the US in a fresh blow to London's financial centre.
Read more9 Apr 2024 08:53
TOP NEWS: BP predicts upstream production will rise in first quarter
(Alliance News) - BP PLC on Tuesday said it expects first quarter upstream production to be higher than the previous three month period but cautioned lower prices would hurt performance elsewhere.
Read more9 Apr 2024 08:44
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(Alliance News) - Stock prices in London opened mostly lower on Tuesday, as investors look ahead to a key inflation reading from the US, as well as the latest interest rate decision from the European Central Bank.
Read more9 Apr 2024 07:51
BP expects rise in first-quarter upstream energy output
April 9 (Reuters) - BP said on Tuesday it expects first-quarter upstream production of both oil and gas as well as low-carbon energy to be higher than the previous three months.
Read more9 Apr 2024 07:39
LONDON BRIEFING: HSBC sells Argentinian arm for USD550 million
(Alliance News) - Stocks in London are called to open lower on Tuesday, as investors nervously look ahead to US inflation data and the European Central Bank's latest interest rate decision.
Read more9 Apr 2024 07:24
BP sees higher Q1 upstream production
(Sharecast News) - Oil giant BP said it expected first-quarter upstream production to be higher than the previous three months.
Read more5 Apr 2024 12:00
LONDON MARKET MIDDAY: Stocks drop on Israel-Iran tensions and Fed talk
(Alliance News) - Stock prices in London were firmly down at midday on Friday, as rising tensions between Israel and Iran alongside doubts around the timing of US interest rate cuts hurt investor sentiment.
Read more5 Apr 2024 08:47
LONDON MARKET OPEN: Europe slumps on US rate worry and rising tensions
(Alliance News) - Stocks in Europe had a downbeat start to the day on Friday, with investors unnerved by rising geopolitical tensions and hawkish remarks from US central bankers.
Read more4 Apr 2024 16:55
LONDON MARKET CLOSE: US initial jobless claims hotter than expected
(Alliance News) - Stock prices in London closed up on Thursday, as investors first digested words from US Federal Reserve Chair Jerome Powell overnight, before reacting to hotter-than-expected US initial jobless claims.
Read more4 Apr 2024 11:58
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(Alliance News) - Stock prices in London were in the green on Thursday afternoon, with mining stocks powering the FTSE 100 higher, as investors digested words from Federal Reserve Chair Jerome Powell.
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