Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBP Share News (BP.)

Share Price Information for BP (BP.)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 488.15
Bid: 487.80
Ask: 488.10
Change: 2.90 (0.60%)
Spread: 0.30 (0.062%)
Open: 485.25
High: 488.80
Low: 485.20
Prev. Close: 485.25
BP. Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UPDATE 1-EU vote puts Canadian tar sands label back on the agenda

Wed, 03rd Dec 2014 17:23

* Vote still needs to clear plenary session

* Canada has lobbied for years against labelling plan (Adds industry reaction)

By Barbara Lewis

BRUSSELS, Dec 3 (Reuters) - Europe moved a step back towardsa plan to stigmatise Canada's tar sands as highly polluting onWednesday, despite years of Ottawa's lobbying the EU bloc aspart of its export drive.

European Parliament lawmakers put the plans back on theagenda by voting against the EU executive's proposal to abandonthe scheme.

The veto vote was passed at committee level, meaning itstill has to get through a full session of the EuropeanParliament in the coming weeks in order to force the EuropeanCommission to come up with a new proposal. Getting plenaryagreement would be much harder than clearing a committee.

In October, the executive Commission published a new planfor reporting the greenhouse gas intensity of transport fuels,which removed a requirement to have separate values fordifferent types of oil.

That meant tar sands, also known as oil sands, would nolonger have to be differentiated from conventional crude, withlower overall greenhouse gas emissions, and that it would makeit much easier for the unconventional oil to reach the Europeanmarket.

Canada and representatives of the oil industry have saidunconventional oil has a valuable role in diversifying EUsupplies and that Canada's deposits of oil sands, beingdeveloped by oil majors such as ExxonMobil, BP and Royal Dutch Shell, were being unfairly singled outby the original EU plan.

Industry group FuelsEurope, which welcomed the revisedCommission proposal in October, issued a statement saying itregretted Wednesday's vote and that it could create "hugeuncertainty" for fuel suppliers if the full parliament followedsuit.

Environmentalists and some politicians cite researchfindings that over its life-cycle oil sands crude emits morecarbon dioxide because of the amount of energy required toseparate the crude from the bituminous deposits in which theyare found.

"If the EU is serious about tackling climate change itshould discourage the development of these highlygreenhouse-gas-intensive unconventional fossil fuels," saidGerben-Jan Gerbrandy, Dutch member of the Group of the Allianceof Liberals and Democrats for Europe, who initiated Wednesday'svote. (Editing by Philip Blenkinsop and William Hardy)

More News
8 Jan 2024 16:38

London close: Stocks manage positive finish after mixed session

(Sharecast News) - London's financial markets experienced a mixed trading day on Monday, with the FTSE 100 and FTSE 250 indices closing in positive territory after spending much of the session in the red.

Read more
8 Jan 2024 12:00

LONDON MARKET MIDDAY: FTSE 100 underperforms in muted start to week

(Alliance News) - Stock prices in London traded lower at the start of the week, with oil firms weighing on then FTSE 100, as investors look ahead to the week's key inflation prints.

Read more
8 Jan 2024 08:40

LONDON MARKET OPEN: Commodity-heavy FTSE 100 heads lower; Shell slips

(Alliance News) - The FTSE 100 kicked off the week on a downbeat note at Monday's market open, amid share price falls for commodity stocks.

Read more
6 Jan 2024 12:29

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.

Read more
6 Jan 2024 11:38

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

Jan 6 (Reuters) - Some of BP's largest shareholders have urged the company to approach Charles Woodburn, the BAE Systems chief executive, about becoming the company's next boss, Sky news reported on Saturday. (Reporting by Devika Nair in Bengaluru; Editing by Jan Harvey)

Read more
4 Jan 2024 16:54

LONDON MARKET CLOSE: Stocks up ahead of US nonfarm payrolls

(Alliance News) - Stock prices in London closed higher on Thursday, as investors eye the latest US non-farms data.

Read more
4 Jan 2024 13:07

London close: Stocks rise as US jobless claims slow

(Sharecast News) - London markets showed mixed performance on Thursday as investors digested the latest UK services and mortgage data and a fall in jobless claims across the pond.

Read more
4 Jan 2024 12:09

LONDON MARKET MIDDAY: Retailers Next and JD Sports bookend FTSE 100

(Alliance News) - Stock prices in London were slightly higher at midday on Thursday, with the FTSE 100 looking set to snap the two-day losing streak it suffered at the start of the year.

Read more
4 Jan 2024 09:31

LONDON BROKER RATINGS: Jefferies cuts Tullow; Berenberg likes Volex

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

Read more
4 Jan 2024 08:58

LONDON MARKET OPEN: Next leads buoyant FTSE 100 amid services PMIs

(Alliance News) - Stock prices in London opened up on Thursday, amid a slew of services PMI data, including for the UK, while reacting to the latest data from China.

Read more
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.

Read more
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.

Read more
3 Jan 2024 16:52

LONDON MARKET CLOSE: Stocks down ahead of US Fed minutes

(Alliance News) - Stock prices in London closed lower on Wednesday, as investors nervously look ahead to the latest US Federal Reserve meeting minutes.

Read more
3 Jan 2024 08:18

Chill Brands plots product launches and looks to ease regulatory worry

(Alliance News) - Chill Brands Group PLC on Wednesday said its vape products will soon launch in retail stores, including WH Smith PLC travel locations, and it reported a trio of initiatives to help soothe regulatory scrutiny.

Read more
2 Jan 2024 16:58

LONDON MARKET CLOSE: Stocks down amid disappointing manufacturing data

(Alliance News) - Stock prices in London closed lower on Tuesday, after the year was started with some disappointing data about the UK and US manufacturing sectors.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.