focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar 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: 496.95
Bid: 496.65
Ask: 496.75
Change: -5.35 (-1.07%)
Spread: 0.10 (0.02%)
Open: 504.00
High: 506.20
Low: 492.65
Prev. Close: 502.30
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: Atlantic Storm Alex Has Oil-Hit Gulf On Edge

Mon, 28th Jun 2010 02:57

(Updates toll, damage) NEW ORLEANS (AFP)--The first major storm of the Atlantic season surged toward the Gulf of Mexico on Sunday on a path likely to avoid the BP PLC (BP) oil spill, but leaving coastal residents jittery about its destructive potential. Tropical Depression Alex was expected to gain punch as it moves into the southwestern Gulf of Mexico after dumping heavy rains across the Yucatan peninsula and killing at least 10 people in Nicaragua, Guatemala and El Salvador. On its current path, Alex is projected to make landfall in Mexico later this week, with most of its force avoiding the oil spill area in the northeastern Gulf off the Louisiana coast. However, experts warned that strong swells and winds could reach the slick area and disrupt cleanup efforts, as officials worked to get ships and equipment ready at the main containment site in the Gulf in case of a direct storm hit. One of the four states with shorelines sullied by the oil, Mississippi, reported "significant" oil washed ashore Sunday, with prevailing winds expected to push more oil and residue toward the shores at least for the next several days. The Mississippi governor's office said tides of the weathered brown-orange mess have been found on about two miles (three kilometers) of beaches along the southeastern tip of the state and on some of the barrier islands. "The shoreline had largely escaped the oil, with the exception of some scattered tar balls. This is our first significant intrusion of oil on the shoreline," Gov. Haley Barbour's press secretary Dan Turner said. "We've been spared very much up until this point. We are spared no longer." The news of more oil in Mississippi amplified fears among Gulf inhabitants that a major storm could potentially wash the toxic crude along more of the coast, with untold amounts of oil gushing from the well into the fragile waters for the past 69 days. "It looks like we're dodging the bullet right now," local environmentalist Aaron Viles said, adding that there were "six to 10 more bullets in the chamber," referring to what he said is projected to be a "hyperactive" hurricane season in 2010. That "sends a chill down the spine of any resident on the Gulf in any year," said Viles, campaign director for the Gulf Restoration Network. U.S. President Barack Obama's point man on the disaster, Coast Guard Adm. Thad Allen, has cautioned that rough weather could set back oil recovery operations for up to two weeks. Such an impact "would be the first time and there is no playbook," Allen said Saturday, insisting there was "an extraordinary amount of planning" for that scenario. An event like that would exacerbate the spill that has affected the Gulf Coast's once pristine shorelines, killed wildlife and put a big dent in the region's multibillion-dollar fishing industry. It would also mean the estimated 30,000 to 65,000 barrels of oil gushing daily from a ruptured wellhead down on the sea floor would be billowing crude and gas unchecked for days. Along with preparations for a full evacuation of the site, to get the ships siphoning the oil quickly back to shore, BP said it has installed the first flexible riser pipe that will remain connected to the ruptured BP well on the sea floor. The freestanding pipe makes it easier to reconnect with the siphoning ships on the surface upon their return after a hurricane, and will be kept connected to the leaking well when ships leave during a hurricane--in contrast to the fixed riser pipes that need to be disconnected when ships head for shore. An estimated 80 million to 150 million gallons have poured into the Gulf since the BP-leased Deepwater Horizon rig exploded on April 20, killing 11 workers. Allen said vessels recuperating some of the oil and gas would need up to five days to evacuate the site if weather conditions were deemed dire enough. BP said its plans to drill through four kilometers of rock were on track. No permanent solution to the spill is expected before two relief wells are due to be completed in August. Heavy drilling fluids would then be pumped into the existing well to drown the oil flow, allowing it to be plugged for good with cement. U.S. Vice President Joe Biden was set to go to the region on Tuesday and is set to visit the New Orleans command center before traveling to the Florida panhandle. (END) Dow Jones Newswires June 27, 2010 21:57 ET (01:57 GMT)
More News
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
9 May 2024 15:51

UK dividends calendar - next 7 days

Friday 10 May 
AIB Group PLCdividend payment date
Alpha Group International PLCdividend payment date
Antofagasta PLCdividend payment date
Hammerson PLCdividend payment date
Hunting PLCdividend payment date
International Personal Finance PLCdividend payment date
Invesco Select Trust Global Equity Income PLCdividend payment date
Invesco Select Trust UK Equity PLCdividend payment date
Johnson Service Group PLCdividend payment date
Kerry Group PLCdividend payment date
Moneysupermarket.com Group PLCdividend payment date
Schroder Asian Total Return Inv Co PLCdividend payment date
Schroder European Real Estate Investments Trust PLCdividend payment date
Schroder Oriental Income Fund Ltddividend payment date
Serco Group PLCdividend payment date
Smurfit Kappa Group PLCdividend payment date
Somero Enterprises Incspecial dividend payment date
Taylor Wimpey PLCdividend payment date
Tufton Oceanic Assets Ltddividend payment date
VPC Specialty Lending Investments PLCdividend payment date
Monday 13 May 
Games Workshop Group PLCdividend payment date
Life Science REIT PLCdividend payment date
Seed Innovations Ltdspecial dividend payment date
Smiths Group PLCdividend payment date
VinaCapital Vietnam Opportunity Fund Ltddividend payment date
Tuesday 14 May 
BlackRock World Mining Trust PLCdividend payment date
Fidelity European Trust PLCdividend payment date
InterContinental Hotels Group PLCdividend payment date
Mondi PLCdividend payment date
OSB Group PLCdividend payment date
Rathbones Group PLCdividend payment date
Uniphar PLCdividend payment date
Wednesday 15 May 
Capital Ltddividend payment date
Grit Real Estate Income Group Ltddividend payment date
Jardine Matheson Holdings Ltddividend payment date
Just Group PLCdividend payment date
Rentokil Initial PLCdividend payment date
Thursday 16 May 
abrdn Property Income Trust Ltdex-dividend payment date
Alternative Income REIT PLCex-dividend payment date
Aquila European Renewables PLCex-dividend payment date
Balfour Beatty PLCex-dividend payment date
BlackRock Latin American Investment Trust PLCdividend payment date
BP PLCex-dividend payment date
Bunzl PLCex-dividend payment date
Churchill China PLCex-dividend payment date
EJF Investments Ltdex-dividend payment date
Essentra PLCex-dividend payment date
Fevertree Drinks PLCex-dividend payment date
FRP Advisory Group PLCex-dividend payment date
Greencoat UK Wind PLCex-dividend payment date
GSK PLCex-dividend payment date
Haleon PLCdividend payment date
Henderson Opportunities Trust PLCex-dividend payment date
Income & Growth VCT PLCex-dividend payment date
Irish Continental Group PLCex-dividend payment date
James Halstead PLCex-dividend payment date
Jarvis Securities PLCex-dividend payment date
Kingfisher PLCex-dividend payment date
M Winkworth PLCdividend payment date
Majedie Investments PLCex-dividend payment date
Manx Financial Group PLCex-dividend payment date
Mercantile Investment Trust PLCdividend payment date
Morgan Sindall Group PLCdividend payment date
Murray Income Trust PLCex-dividend payment date
Ocean Wilsons Holdings Ltdex-dividend payment date
Octopus Renewables Infrastructure Trust PLCex-dividend payment date
PageGroup PLCex-dividend payment date
Pershing Square Holdings Ltdex-dividend payment date
Princess Private Equity Holding Ltdex-dividend payment date
Property Franchise Group PLCex-dividend payment date
Prudential PLCdividend payment date
RHI Magnesita NVex-dividend payment date
Shell PLCex-dividend payment date
Spectris PLCex-dividend payment date
Supermarket Income REIT PLCdividend payment date
Target Healthcare REIT PLCex-dividend payment date
TClarke PLCex-dividend payment date
Tesco PLCex-dividend payment date
TwentyFour Select Monthly Income Fund Ltdex-dividend payment date
Unilever PLCex-dividend payment date
Vaalco Energy Incex-dividend payment date
Vector Capital PLCex-dividend payment date
Witan Investment Trust PLCex-dividend payment date
  
Comments and questions to newsroom@alliancenews.com
  
A full 14-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
9 May 2024 13:53

IN BRIEF: IP Group joins USD111 million financing round for Hysata

IP Group PLC - invests in companies pursuing breakthrough science - Portfolio company Hysata Pty Ltd completes USD111.3 million series B funding round. Hysata is developing electrolysers to produce green hydrogen efficiently. It will use the fresh cash to advance product development and expand production capacity at its manufacturing facility in Wollongong, New South Wales, Australia, as it focuses on "reaching gigawatt scale manufacturing". The funding round, which Hysata calls "the largest series B in Australian clean tech history", is led by bp Ventures, part of oil major BP PLC, and private equity firm Templewater Ltd, a spin-off from Investec PLC.

Read more
9 May 2024 10:26

Balfour Beatty says trades in line amid "progress" on pacts

(Alliance News) - Balfour Beatty PLC on Thursday said it has traded in line with expectations so far in 2024, as it makes progress on major deals.

Read more
9 May 2024 09:53

LONDON BROKER RATINGS: NatWest target raised, other lenders backed

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

Read more
8 May 2024 13:19

Middle East Crude-Benchmarks fall, snapping two-day streak

SINGAPORE, May 8 (Reuters) - Middle East crude benchmarks Dubai, Oman and Murban fell on Wednesday after rising for consecutive days after Saudi Aramco and ADNOC raised official selling prices (OSPs) for term supplies in June.

8 May 2024 13:06

BP softens tone on 2030 oil output cut to reassure investors

LONDON, May 8 (Reuters) - BP softened the language on its pledge to cut its 2030 oil and gas output in an effort to reassure investors over its energy transition strategy and narrow a gaping value gap with rivals.

Read more
7 May 2024 17:30

UK's FTSE 100 notches record closing high in broad rally

FTSE 100 up 1.2%, FTSE 250 adds 1.2%

*

Read more
7 May 2024 16:32

London close: Stocks jump on return from long weekend

(Sharecast News) - London markets closed on a high note on Tuesday, as the top-flight index surged to record highs, buoyed by positive momentum from the US and European markets.

Read more
7 May 2024 16:08

BP profit slides by 40% as refinery outage offsets higher output

First-quarter underlying profit $2.7 bln vs forecast $2.87 bln

*

Read more
7 May 2024 12:00

LONDON MARKET MIDDAY: Stocks buoyed by local data, strong US equities

(Alliance News) - Stock prices in London were up at midday on Tuesday, boosted by positive local economic data and tracking European equities that were buoyed by strong US stocks performance on Monday.

Read more
7 May 2024 09:09

LONDON MARKET OPEN: Stocks track global equities rise while BP falls

(Alliance News) - Stock prices in London opened up on Tuesday, tracking European markets in reaction to New York stocks extending their rally on weaker US jobs data, while markets reopened in London after a bank holiday on Monday.

Read more
7 May 2024 08:51

TOP NEWS: BP keeps up pace of share buybacks despite profit decline

(Alliance News) - BP PLC on Tuesday launched a fresh share buyback, despite a drop in first-quarter profit due to lower oil and gas prices and weaker fuels margins.

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