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Pin to quick picksBP Share News (BP.)

Share Price Information for BP (BP.)

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Share Price: 499.70
Bid: 499.65
Ask: 499.75
Change: -4.00 (-0.79%)
Spread: 0.10 (0.02%)
Open: 498.00
High: 500.00
Low: 490.65
Prev. Close: 503.70
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UPDATE 1-Azerbaijan's oil output seen down 4 pct in 2015

Wed, 11th Mar 2015 11:50

(Adds details, background)

BAKU, March 11 (Reuters) - Azerbaijan is likely to cut oilproduction by 4 percent to 40.3 million tonnes (806,000 barrelsper day) this year while keeping gas output unchanged, a seniorofficial at the state energy company SOCAR said on Wednesday.

"So far, we expect the same volumes of gas, but an increaseis possible," SOCAR's first vice-president, KhoshbakhtYusifzade, told reporters.

Crude oil and condensate production in Azerbaijan rose to3.7 million tonnes in January from 3.6 million tonnes in thesame 2014 month, the first monthly increase since 2013.

Crude oil and condensate production in Azerbaijan fell to41.9 million tonnes last year from 43.1 million tonnes in 2013,while gas output reached 29.2 billion cubic metres (bcm).

Falling output at the main Azeri, Chirag and Guneshli (ACG)oilfields operated by British major BP has been a causeof concern in Baku.

BP and its partner, Azeri state energy firm SOCAR, tried toease those concerns in 2013, saying production had stabilised.Total oil output rose in 2013 for the first time since 2011 butthe decline continued last year. (Reporting by Nailia Bagirova; Writing by Vladimir Soldatkinand Margarita Antidze; Editing by David Evans)

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15 Apr 2024 11:56

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(Alliance News) - London's FTSE 100 was down at midday on Monday, as oil majors BP and Shell were hurt by falling prices, with investors showing caution following Iran's strikes on Israel over the weekend.

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15 Apr 2024 08:59

LONDON MARKET OPEN: FTSE 100 falls as oil lower despite Iran strikes

(Alliance News) - Stock prices in London opened lower on Monday, with a decline in oil prices sending Shell and BP lower, in a cautious start to the week following Iran's strikes on Israel over the weekend.

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Sector movers: Investors seek out safe havens across all asset classes

(Sharecast News) - Commodity plays were again sought out at the end of the week after The Wall Street Journal said that an Iranian attack against Israel was thought to be imminent.

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FTSE 100 sets near record close as commodity stocks shine

FTSE 100 up 0.9%, FTSE 250 off 0.3%

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Europe's main energy stocks index hits highest since 2008

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12 Apr 2024 14:45

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(Sharecast News) - London's markets closed with a mixed performance on Friday, as investors digested the latest GDP data suggesting an end to the recession in the UK.

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(Alliance News) - Stocks in London got a boost on Monday at midday, as investors were optimistic that the UK is heading out of its short lived recession.

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12 Apr 2024 11:47

Europe's main energy stocks index hits highest since 2008

April 12 (Reuters) - The main European energy stocks index hit its highest level since 2008 as higher oil prices, geopolitical risks, and global economic uncertainty drew in investors on Friday.

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12 Apr 2024 11:37

TOP NEWS: BP shares rise after reports Adnoc had pondered takeover

(Alliance News) - Shares in BP jumped on Friday after reports that the state-owned, United Arab Emirates oil company was considering, but had ruled out, a bid for the London-based oil major.

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12 Apr 2024 08:58

LONDON MARKET OPEN: Stocks get boost thanks to growth in UK economy

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12 Apr 2024 07:56

UAE's ADNOC said to have recently considered BP takeover

(Sharecast News) - The United Arab Emirates' state-owned oil company recently considered buying BP but the deliberations did not progress beyond preliminary discussions, according to a report.

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11 Apr 2024 14:41

Senegal says oil, gas and mine contracts will be reworked if needed

DAKAR, April 11 (Reuters) - Senegal's new Energy and Mines Minister said on Thursday the government would renegotiate oil, gas and mining contracts if necessary once a promised audit is completed.

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10 Apr 2024 08:41

Johnson Matthey and BP win deal for US sustainable aviation fuel plant

(Alliance News) - Johnson Matthey PLC and BP PLC on Wednesday said their technology offering has been selected for use in a sustainable aviation fuel plant being built in the US state of Louisiana.

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LONDON BRIEFING: Stocks called up ahead of US inflation data

(Alliance News) - Stocks in London are called to open higher, as investors shake off nerves ahead of a key US inflation reading.

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