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 3-U.S. Gulf Coast prepares for second hurricane in a month

Sun, 13th Sep 2020 20:08

(Updates with latest details on storm speed and location, new
oil facility closures in Gulf of Mexico)

HOUSTON, Sept 13 (Reuters) - Tropical Storm Sally
strengthened off the west coast of Florida on Sunday and was
poised to become a category 2 hurricane, bringing the threat of
dangerous storm surges and high winds to the U.S. Gulf Coast,
the National Hurricane Center (NHC) said.

The storm track was disrupting oil production in the U.S.
Gulf of Mexico for a second time in less than a month. The
Miami-based NHC said the storm was likely to reach hurricane
strength on Monday, and approach the north-central Gulf Coast
late on Monday and Tuesday.

Hurricane conditions were expected by early Tuesday from
Grand Isle, Louisiana to Ocean Springs, Mississippi, including
New Orleans, the center said.

Louisiana Governor John Bel Edwards said he had spoken
earlier in the day to U.S. President Donald Trump and had also
requested a federal declaration of emergency in advance of
Sally, which allows for early support from the federal
government.

"We have every reason to believe that this storm represents
a very significant threat to the people of southeast Louisiana,"
Bel Edwards told a news conference.

As of 4 p.m. CDT (2100 GMT), Sally was about 165 miles (265
km) south of Panama City, Florida, and heading west-northwest
with top sustained winds of 60 miles per hour (95 kph).

Sally is expected to become a category 2 hurricane with
100-mile-per-hour (161-kph) winds by the time it makes landfall
in southeast Louisiana on Tuesday, an official with the U.S.
National Weather Service said.

"VERY, VERY HEAVY RAINFALL"

Sally carried the danger of storm surges - when the ocean
rises at the coast over normal tide levels - of up to 11 feet
(3.35 m), and rainfall of up to 12 inches (30 cm), the center
said.

"The biggest issue here is going to be life-threatening
storm surge and then the very, very heavy rainfall that's going
to accompany this," said Jim Foerster, chief meteorologist for
DTN, an energy, agriculture and weather data provider.

The storm follows Laura, which rampaged across the Gulf of
Mexico three weeks ago and grew into a Category 4 hurricane with
150 mph (240 kph) winds. It shut hundreds of offshore oil
facilities, leveled coastal Louisiana towns and left residents
of Louisiana and Texas without power for weeks.

On Sunday, two more oil companies, BP Plc and Equinor
ASA, evacuated staff from some offshore platforms
following similar action by Chevron Corp and Murphy Oil
Corp on Saturday.

BP said it evacuated non-essential workers from its Nakika
and Thunderhorse platforms in the northeastern Gulf of Mexico,
while Equinor shit its Titan platform.

Laura halted up to 1.5 million barrels per day of output and
a half dozen refineries, two of which are still in the process
of making repairs.

Mandatory evacuation was also ordered in parts of Louisiana
on Sunday.

Further off in the Atlantic Ocean, Hurricane Paulette was
moving closer to Bermuda, and was expected to move near or over
the island on Monday morning, the NHC said. Paulette was
carrying top sustained winds of 75 mph (120 kph) and was
expected to strengthen during Sunday.

(Reporting by Gary McWilliams
Additional reporting by Joshua Franklin in Boston
Writing by Frances Kerry
Editing by Susan Fenton, Nick Zieminski and Diane Craft)

More News
23 Nov 2023 11:49

LONDON MIDDAY: FTSE 100 edges lower despite boost from oil stocks

(Alliance News) - The FTSE 100 in London was down at midday on Thursday, despite getting a boost from oil stocks.

Read more
22 Nov 2023 18:56

Sector movers: Oil stocks skid after OPEC+ surprise

(Sharecast News) - Weakness in the oil patch after OPEC+ delayed its next ministerial meeting amid a squabble over production quotas weighed on the FTSE 350.

Read more
20 Nov 2023 16:53

LONDON MARKET CLOSE: FTSE 100 drifts lower as eyes turn to Fed

(Alliance News) - European equities closed mixed in muted trade at the start of the week, with focus turning to Tuesday's Federal Reserve meeting minutes, as investors mull the outlook for US interest rates.

Read more
17 Nov 2023 12:00

LONDON MARKET MIDDAY: Stocks shrug off downbeat UK retail sales

(Alliance News) - Stock prices in London were up at midday on Friday, as a week of favourable data as far as inflation goes gave investors a reason to overlook disappointing UK retail sales figures.

Read more
17 Nov 2023 09:03

LONDON MARKET OPEN: Stocks up despite UK retail sales growth miss

(Alliance News) - Stock prices in London opened higher on Friday, despite weaker-than-expected October retail sales figures for the UK.

Read more
16 Nov 2023 16:59

LONDON MARKET CLOSE: Stocks give way after rate optimism-fuelled rally

(Alliance News) - European equities closed lower as a post-US inflation slowdown rally seen on Tuesday and Wednesday gave way to a more muted session on Thursday.

Read more
16 Nov 2023 12:06

LONDON MARKET MIDDAY: Stocks down as post-inflation data rally fades

(Alliance News) - Stock prices in London were down at midday on Thursday, with mixed corporate updates tempering enthusiasm in the wake of two favourable inflation readings earlier in the week.

Read more
16 Nov 2023 08:57

LONDON MARKET OPEN: FTSE 100 flat; Burberry tumbles on weak outlook

(Alliance News) - Stock prices in London opened in a muted fashion on Thursday, as the week's optimism waned somewhat, but did not give way to pessimism.

Read more
10 Nov 2023 16:53

LONDON MARKET CLOSE: Europe and New York diverge after hawkish Powell

(Alliance News) - Stocks in Europe suffered on Friday, as US interest rate worries cast a dark cloud over equity markets, though counterparts in New York had a more resilient start to the day.

Read more
10 Nov 2023 15:45

London close: Stocks tumble on Powell comments as GDP stagnates

(Sharecast News) - London markets declined on Friday as investors reacted to hawkish remarks by Federal Reserve chair Jerome Powell made overnight.

Read more
9 Nov 2023 08:57

LONDON MARKET OPEN: FTSE 100 kicks off day with cautious gain

(Alliance News) - London's FTSE 100 struggled for direction early Thursday, with a mixed slate of corporate updates, US interest rate worries and underwhelming China data preventing it from making more confident progress in early trade.

Read more
7 Nov 2023 16:58

LONDON MARKET CLOSE: FTSE 100 held back by miners and oil firms

(Alliance News) - The FTSE 100 in London closed slightly lower on Tuesday, as miners and oil firms continued to drag down the index throughout the day.

Read more
7 Nov 2023 12:07

LONDON MARKET MIDDAY: Housebuilders and retail up, miners and oil down

(Alliance News) - European equities were mixed heading into Tuesday afternoon, with weaker China data and doubts over the US interest rate outlook weighing on the mood.

Read more
7 Nov 2023 08:53

LONDON MARKET OPEN: AB Foods and Frasers rise on buybacks; RS slumps

(Alliance News) - A subdued start to the week for European equities continued on Tuesday, with hawkish words from a US central banker supporting the dollar and making some rethink their interest rate outlook for the Federal Reserve.

Read more
6 Nov 2023 10:24

Kosmos Energy to operate Yakaar-Teranga gas discovery amid BP exit

(Alliance News) - Kosmos Energy Ltd on Monday said it has increased its working interest in the Yakaar-Teranga discovery to 90%, consequently assuming operatorship, and reported a rise in its quarterly revenue.

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.