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: 460.00
Bid: 459.60
Ask: 459.80
Change: 0.00 (0.00%)
Spread: 0.20 (0.044%)
Open: 460.30
High: 463.35
Low: 458.30
Prev. Close: 460.00
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-Exxon says Joliet refinery returns to normal operations

Sun, 09th Jun 2013 14:22

(Adds background on Midwest gasoline prices, other outages)

HOUSTON, June 9 (Reuters) - Exxon Mobil Corp saidits 238,600 barrel per day (bpd) Joliet, Illinois, refinery wasreturning to normal operations on Sunday after completing atwo-month, plantwide overhaul.

Exxon did not disclose the planned length of the overhaulwhen it began in April, or its cost.

The return to normal operations at Joliet could ease theU.S. Midwestern market for gasoline, especially in the Chicagoarea, where retail prices have spiked to near record highs dueto refinery outages.

Prices at the pump are underpinned by an intermediate marketthat moves fuels between a refiner and a retailer. The tradesare expressed as a deficit or premium to the price of futurescontracts on the New York Mercantile Exchange.

These differentials for Chicago gasoline jumped last week byas much as 45 cents a gallon to trade at a premium to gasolinefutures of 80 cents a gallon, the highest level in at least ayear. Differentials normally move by several cents a week.

Traders and industry analysts have said maintenance atJoliet - which continued longer than industry watchers hadexpected - was a big factor in the spike in differentials.

However, they warned prices will continue to be supported bya recently announced turnaround at Phillips 66' 356,000bpd Wood River refinery and the long standing upgrade of a crudedistillation unit (CDU) at BP's 405,000 bpd Whiting,Indiana, refinery.

Phillips 66 did not say whether any units at Wood River hadbeen shut down, nor how long the work will last. Some traderswere surprised the refinery was undergoing maintenance after aturnaround of at least seven weeks earlier this year.

BP has said it expected the upgraded CDU to restart by theend of this month. (Reporting by Erwin Seba in Houston and Sabina Zawadzki in NewYork; Editing by Louise Heavens)

More News
27 May 2024 11:00

BP, EOG Resources in talks to jointly develop Trinidad gas field

May 27 (Reuters) - Oil major BP and U.S. shale producer EOG Resources are in discussions to jointly develop a natural gas field off the coast of Trinidad and Tobago, the British company said.

Read more
25 May 2024 17:56

South Africa's Central Energy Fund acquires Durban refinery land, assets

CAPE TOWN, May 25 (Reuters) - South Africa's state-owned Central Energy Fund has acquired land and assets at the country's largest refinery which has been out of operation for the last two years, the energy ministry said on Saturday.

Read more
23 May 2024 21:40

Republican-led states ask Supreme Court to quash Big Oil climate lawsuits

May 23 (Reuters) - Nineteen Republican attorneys general have filed a rare complaint directly with the U.S. Supreme Court asking it to block several Democratic-led states from pursuing climate change-related litigation against major oil and gas companies in state courts.

Read more
22 May 2024 21:54

US lawmakers urge Justice Department to probe climate deception by Big Oil

May 22 (Reuters) - U.S. lawmakers behind a congressional probe of major oil companies on Wednesday called on the Justice Department to investigate whether the industry deceived the public about fossil fuels' impact on climate change.

Read more
22 May 2024 02:00

British firms expecting hard time in China market, lobby group warns

BEIJING, May 22 (Reuters) - British firms expect doing business in China to become harder over the next five years, a British business lobby group said on Wednesday, as Beijing strives to halt a retreat in foreign funds from a market once seen as the engine of global growth.

Read more
22 May 2024 00:01

US Cash Products-Chicago RBOB surges after refinery issues

NEW YORK, May 21 (Reuters) - Cash differentials for RBOB gasoline surged on Tuesday after a refinery that has faced operational issues in recent days bid higher for supplies, traders said.

Read more
16 May 2024 17:53

European shares snap nine-day winning streak as Siemens weighs

Roche gains on obesity drug results from early-stage trial

*

Read more
16 May 2024 17:33

FTSE 100 ends lower on disappointing corporate updates, BT Group soars

BT Group up after CEO aims for more than double free cash flow

*

Read more
16 May 2024 16:54

LONDON MARKET CLOSE: Europe struggles but record highs in New York

(Alliance News) - Large-cap European equities closed lower on Thursday, underperforming New York counterparts, which continued to push higher following Wednesday's softer US inflation data.

Read more
16 May 2024 16:53

London close: Stocks mixed as ex-divs drag on FTSE

(Sharecast News) - London stocks ended mixed on Thursday, following a flurry of corporate news and a focus on US unemployment figures.

Read more
16 May 2024 12:53

Costain says confident of long-term prospects amid contract wins

(Alliance News) - Costain Group PLC on Thursday said trading in the year to date is in line with expectations, underpinned by a number of contract wins.

Read more
16 May 2024 09:02

Indonesia expects oil and gas investments to rise 29% to $17 billion in 2024

BANGKOK, May 16 (Reuters) - Indonesia expects investments in its oil and gas sector to rise 29% in 2024, the chairman of regulator SKK Migas told Reuters, as it races to ramp up drilling and exploration following the recent exits of global giants Shell and Chevron.

Read more
14 May 2024 21:40

Federal regulators sign off Venture Global's repairs at Louisiana plant

HOUSTON, May 14 (Reuters) - U.S. federal regulators said on Tuesday they are satisfied that Venture Global LNG is trying to correct faults at the heat recovery steam generator (HRSG) at its Calcasieu Pass LNG export plant in Louisiana and expects the work to be completed in the timeline promised by the exporter.

Read more
14 May 2024 18:47

Federal regulators sign off Venture Global's repairs at Louisiana plant

HOUSTON, May 14 (Reuters) - U.S. federal regulators said on Tuesday that they are satisfied Venture Global LNG is trying to correct faults at its heat recovery steam generator (HRSG) at its Calcasieu Pass LNG export plant in Louisiana and expects the work to be completed in the timeline promised by the exporter.

Read more
14 May 2024 10:02

(OFFICIAL)-Foreign investment in Germany reaches new record

BERLIN, May 14 (Reuters) - Foreign companies announced record levels of new investment in Germany last year despite the economic downturn and high energy prices, according to an analysis published on Tuesday by the federal development agency Germany Trade and Invest (GTAI).

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.