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Share Price Information for BP (BP.)

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Share Price: 487.70
Bid: 487.70
Ask: 487.85
Change: -3.55 (-0.72%)
Spread: 0.15 (0.031%)
Open: 488.80
High: 489.10
Low: 486.70
Prev. Close: 491.25
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Shell to sell three producing North Sea fields -report

Thu, 13th Feb 2014 23:26

Feb 13 (Reuters) - Royal Dutch Shell is planning tosell three oil and gas producing assets in the North Sea, theGuardian reported on Thursday, a move that supports theAnglo-Dutch oil major's existing plans to step-up divestmentsthis year.

Glen Cayley, vice-president of Shell's upstream business inEurope, said the company had been talking to staff about thepossible disposal of its Anasuria, Nelson and Sean platforms,the paper said on its website. ()

Shell, along with its peers in the industry, has been facingincreasing investor pressure to rein in spending as costs riseand prospects for oil prices wane.

A media report said in January that Shell planned to sell$15 billion worth of assets over the next two years includingsome North Sea fields.

Britain's production from the North Sea has been in declinesince 1999, with output plunging by a third from 2010 to 2012,acting as a drag on the country's economic growth.

Shell, the world's number-three among investor-controlledenergy firms, could not be reached for comment outside ofregular business hours.

Cayley said, the Guardian added, that this move had not beeninfluenced by the upcoming referendum on Scottish independence,which other energy bosses have signalled is further underminingthe North Sea investment climate.

The boss of BP, a big investor in Britain's North Seawaters and the country's second biggest oil company, warned lastweek that Scottish independence could cause his company"uncertainties".

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Big turnout expected in New York offshore wind power auction

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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

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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

(Alliance News) - SDI Group PLC on Monday said its chief executive officer has stepped down, naming its chief operating officer as successor.

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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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18 Jan 2024 20:32

EXECUTIVE CHANGES: Eco Buildings chair leaves and vice chair ousted

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Thursday and not separately reported by Alliance News:

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17 Jan 2024 15:03

London close: Stocks slip after surprise jump in UK inflation

(Sharecast News) - London's financial markets experienced a downturn on Wednesday, as a surprising increase in UK inflation and sluggish Chinese GDP growth impacted investor sentiment.

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17 Jan 2024 12:10

BP's Auchincloss named CEO, reaffirms energy transition plan

Auchincloss was interim CEO

*

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17 Jan 2024 08:48

LONDON MARKET OPEN: UK inflation surprises markets sending stocks down

(Alliance News) - Stock prices in London took a hit on Wednesday morning, after some hotter-than-expected UK inflation data added to interest rate worries.

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17 Jan 2024 08:33

TOP NEWS: BP buys Getec Energie; promotes Auchincloss to permanent CEO

(Alliance News) - BP PLC on Wednesday said that it will buy Getec Energie GmbH as it promoted Murray Auchincloss to the role of permanent chief executive officer.

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17 Jan 2024 07:46

LONDON BRIEFING: UK inflation surprises as unexpectedly rises to 4.0%

(Alliance News) - Stocks in London are called to open lower on Wednesday, following some hotter-than-expected consumer price data from the UK.

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BP names acting CEO Murray Auchincloss as permanent leader

(Sharecast News) - BP has named its former chief financial officer Murray Auchincloss as its permanent chief executive, after having served in an interim capacity for the past four months.

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16 Jan 2024 21:28

PRESS: BP close to naming acting CEO Auchincloss as permanent chief

(Alliance News) - Directors of BP PLC were meeting on Tuesday evening to finalise the appointment of Murray Auchincloss, the company's acting chief executive, as its permanent boss, according to a report.

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16 Jan 2024 16:38

Shell halts Red Sea shipments over attack fears from Yemeni rebels

(Alliance News) -London-based oil major Shell PLC has paused transit through the key Red Sea shipping route indefinitely, over fears of escalating tensions involving Yemen's Houthi rebels, according to a media report on Tuesday.

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