We would love to hear your thoughts about our site and services, please take our survey here.

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: 510.40
Bid: 510.20
Ask: 510.40
Change: -5.40 (-1.05%)
Spread: 0.20 (0.039%)
Open: 516.30
High: 516.60
Low: 509.60
Prev. Close: 515.80
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 2-U.S. offshore energy producers brace for Hurricane Zeta impact

Tue, 27th Oct 2020 12:46

(Adds output losses, prices, storm position, intensity)

By Erwin Seba

HOUSTON, Oct 27 (Reuters) - Energy firms and ports along the
U.S. Gulf Coast prepared on Tuesday for another test as
Hurricane Zeta, the 11th hurricane of the season, entered the
Gulf of Mexico.

BP, Chevron and Royal Dutch Shell,
among others, evacuated 157 offshore facilities and sharply cut
production from the offshore region. Pipeline operator Enbridge
evacuated two platforms and removed workers from a
Louisiana natural gas processing plant.

Some oil producers were pulling staff for at least the sixth
time since June, a process made more difficult by the COVID-19
pandemic with workers required to be tested for the virus before
returning to work.

Energy producers on Tuesday shut nearly half the region's
oil output, or 914,811 barrels per day (bpd), and 1.5 billion
cubic feet per day, or more than half its natural gas output,
the U.S. offshore energy regulator said.

U.S. Gulf of Mexico offshore oil production accounts for
about 17% of total U.S. crude oil output and 5% of total U.S.
dry natural gas production.

Zeta's winds decreased to 65 miles per hour (100 kph) after
sweeping across the Yucatan Peninsula early Tuesday but are
forecast to restrengthen to 85 mph as its churns over the
central Gulf of Mexico, the NHC said in a mid-day update.

On Monday, it became the 11th hurricane of the Atlantic
season, which on average has six.

A hurricane watch was issued for parts of Louisiana to the
Mississippi-Alabama border by the U.S. National Hurricane Center
(NHC). Zeta could hit the U.S. coast on Wednesday at or near
hurricane strength, the NHC said.

Energy ports from Baton Rouge to Pascagoula were operating
under advisories warning of the potential for gale force winds.
A Louisiana deep water oil export port said it was implementing
its inclement weather plan.

U.S. crude futures gained 1.8% in Tuesday trading after
falling more than 3% on Monday over fears of rising COVID-19
cases and increased crude supplies.
(Reporting by Erwin Seba
Writing by Gary McWilliams
Editing by David Holmes and Grant McCool)

More News
9 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 more
5 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 more
5 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 more
4 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 more
4 Apr 2024 11:58

LONDON MARKET MIDDAY: Stocks up as Fed chair calms some rate nerves

(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.

Read more
2 Apr 2024 23:07

Sector movers: Builders and REITS slip, geopolitics boost Big Oil and gold miners

(Sharecast News) - Personal Goods was at the bottom of the pile on the FTSE 350 at the start of the second quarter, as fashion retailer Burberry Group's shares fell back towards their five-year lows.

Read more
2 Apr 2024 16:57

LONDON MARKET CLOSE: Europe down after Easter holiday weekend

(Alliance News) - The FTSE 100 took a hit on Tuesday, after a boost from London's miners and oil firms were not enough to lift the index.

Read more
2 Apr 2024 15:22

London close: Stocks turn red on return from Easter break

(Sharecast News) - UK stocks experienced a downturn by the end of trading on Tuesday, as investors resumed activity following the extended weekend, with initial gains reversed by the close ahead of a week marked by a number of key economic data releases.

Read more
2 Apr 2024 11:00

Biden administration approves eighth US offshore wind project

WASHINGTON, April 2 (Reuters) - The U.S. Interior Department on Tuesday approved the country's eighth commercial-scale offshore wind project, which will be built off the coast of Massachusetts, bringing online electricity to power more than 900,000 homes.

Read more
2 Apr 2024 09:09

LONDON MARKET OPEN: FTSE 100 up as oil majors and gold miners shine

(Alliance News) - Stock prices in London opened higher on Tuesday, in confident trade following the long Easter weekend, ahead of a UK manufacturing sector reading later in the morning.

Read more
2 Apr 2024 08:55

European oil stocks gain on expectations for higher demand, supply concerns

Read more
28 Mar 2024 10:00

How the oil industry is thriving despite Joe Biden's climate policies

GRAPHIC on Biden's oil boom: https://www.reuters.com/graphics/USA-BIDEN/OIL/lgpdngrgkpo/

By Nichola Groom, Jarrett Renshaw

Read more
27 Mar 2024 20:59

New England offshore wind auction draws multiple bidders

March 27 (Reuters) -

Read more
27 Mar 2024 12:47

Ithaca Energy gets bid rights on Eni's UK assets, profit slips

March 27 (Reuters) - Ithaca Energy has been given a four-week exclusivity period by Italy's Eni, to make an offer for UK exploration and production assets that could expand its output massively, the London-listed company said on Wednesday.

Read more
27 Mar 2024 09:01

Big Oil's climate planning not good enough, investor group says

Climate Action 100+ assessed 10 top oil companies

*

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.