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Share Price Information for BP (BP.)

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Share Price: 515.80
Bid: 516.20
Ask: 516.40
Change: 6.40 (1.26%)
Spread: 0.20 (0.039%)
Open: 508.50
High: 517.60
Low: 503.60
Prev. Close: 509.40
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UPDATE 3-Evacuations start at some Gulf of Mexico operations as storm threatens

Thu, 15th Aug 2013 20:40

HOUSTON, Aug 15 (Reuters) - Workers for some Gulf of Mexicooil and gas operators were being evacuated from offshorefacilities on Thursday as a low-pressure system threatened tostrengthen into a cyclone but production was not interrupted.

The U.S. National Hurricane Center said a weatherdisturbance in the northwestern Caribbean Sea had become lessorganized overnight and had a 50 percent chance of becoming atropical cyclone in the next 48 hours, down from a 70 percentchance.

"Development of this system is not anticipated while itmoves over land, but there is still potential for developmentonce the disturbance moves over the Gulf of Mexico on Friday,"the Center said in its latest bulletin on Thursday.

Mexico's state oil monopoly Pemex said it wasmonitoring the storm but had no plans to evacuate itsinstallations, including its platforms in the Bay of Campeche atthe southern tip of the Gulf of Mexico, where it extracts 80percent of its crude output.

Marathon Oil Corp said on Thursday it was evacuatingworkers not essential to production from its Ewing Bankplatform, which can produce up to 9,700 barrels per day of oiland 8.2 million cubic feet per day of natural gas. Such workerswould include cooks and maids.

"Marathon Oil's operated production has not been impacted atthis time," spokeswoman Lee Warren said.

BP Plc said it was evacuating nonessential workersfrom oil and gas platforms. It has four platforms in the centralGulf, including Thunder Horse, the biggest in the world.

The company said it had temporarily halted contracteddrilling rigs, but platforms were still working.

"Oil and natural gas production at all BP-operated platformsremains online at this time," the company said.

Destin Pipeline Co LLC also said pipelines in the Gulf ofMexico operated by BP were evacuating nonessential workers. Thecompany said it would continue to accept natural gas flows asweather conditions permit.

Other companies said they were monitoring the storm.

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

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(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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Slide in defence stocks knocks down Europe's STOXX 600

BP gains on higher quarterly upstream energy output forecast

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9 Apr 2024 17:13

FTSE 100 ends down as defence stocks offset commodity gains

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London close: Stocks slip ahead of ECB, US inflation print

(Sharecast News) - London markets closed lower on Tuesday, as investors braced for a key US inflation reading as well as a policy announcement from the European Central Bank later in the week.

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LONDON MARKET MIDDAY: FTSE 100 treads water despite boost from miners

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PRESS: Shell could make London exit if value gap to US does not close

(Alliance News) - Shell PLC fired a warning shot to that it could be prepared to move its listing to the US in a fresh blow to London's financial centre.

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TOP NEWS: BP predicts upstream production will rise in first quarter

(Alliance News) - BP PLC on Tuesday said it expects first quarter upstream production to be higher than the previous three month period but cautioned lower prices would hurt performance elsewhere.

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LONDON MARKET OPEN: Stocks shaky ahead of US CPI data, ECB decision

(Alliance News) - Stock prices in London opened mostly lower on Tuesday, as investors look ahead to a key inflation reading from the US, as well as the latest interest rate decision from the European Central Bank.

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BP expects rise in first-quarter upstream energy output

April 9 (Reuters) - BP said on Tuesday it expects first-quarter upstream production of both oil and gas as well as low-carbon energy to be higher than the previous three months.

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LONDON BRIEFING: HSBC sells Argentinian arm for USD550 million

(Alliance News) - Stocks in London are called to open lower on Tuesday, as investors nervously look ahead to US inflation data and the European Central Bank's latest interest rate decision.

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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.

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