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Share Price Information for BP (BP.)

London Stock Exchange
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Share Price: 503.70
Bid: 503.80
Ask: 503.90
Change: -6.70 (-1.31%)
Spread: 0.10 (0.02%)
Open: 506.40
High: 515.30
Low: 499.60
Prev. Close: 510.40
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UPDATE: White House Bills BP $51.4M For Gulf Clean-Up Work

Mon, 21st Jun 2010 00:14

(Adds BP's oil collection rate for first half of Monday.) DOW JONES NEWSWIRES President Barack Obama's administration sent BP PLC (BP, BP.LN) its biggest invoice yet--$51.4 million--for oil clean-up efforts in the Gulf of Mexico. The oil giant already has agreed to a $20 billion escrow fund for clean-up and other expenses related to the massive oil spill flowing out of its deepwater Macondo well. Late last week, BP's minority partner in the well, Anadarko Corp. (APC), refused to pay its share of the $20 billion fund, as it accused BP of gross negligence. Monday, the administration said it has billed BP and other, unnamed responsible parties $51.4 million, raising the total to $70.9 million. The amount includes expenses related to more than two dozen federal entities and agencies responding to the broken well, which is estimated to be leaking about 35,000 to 60,000 barrels of oil every day. BP said later Monday that during the first 12 hours of the day it collected 8,410 barrels of oil and flared about 5,015 barrels, an improvement on is previous half-day rate. The company has been under intense pressure to successfully contain the spewing oil, which began in April when a deepwater drilling rig exploded and sank. The company's repeated failures at a temporary solution to patch the leak heightened scrutiny of its response, and it is still working on a permanent fix to the well. BP's American depositary shares were down 2 cents after hours at $30.31. The stock declined sharply during the regular session following the Anadarko news. Shares have dropped by nearly half in 2010. -By Joan E. Solsman, Dow Jones Newswires; 212-416-2291; joan.solsman@dowjones.com (END) Dow Jones Newswires June 21, 2010 19:14 ET (23:14 GMT)
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BP profit slides by 40% as refinery outage offsets higher output

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

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

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BP in $1.75bn buyback as Q1 profits fall on weaker prices, margins

(Sharecast News) - BP reported a worse-than-expected fall in first-quarter profit on the back of lower oil and gas prices, an outage at a US refinery and "significantly weaker" fuels margins as it also started a $1.75bn share buyback.

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3 May 2024 13:47

British regulator awards more North Sea oil and gas licences

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UK earnings, trading statements calendar - next 7 days

Wednesday 1 May 
Anexo Group PLCFull Year Results
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Computacenter PLCTrading Statement
Georgia Capital PLCQ1 Results
GSK PLCQ1 Results
Haleon PLCTrading Statement
HSS Hire Group PLCFull Year Results
Intelligent Ultrasound Group PLCFull Year Results
Maintel Holdings PLCFull Year Results
Next PLCTrading Statement
Smith & Nephew PLCTrading Statement
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Endeavour Mining PLCQ1 Results
First Tin PLCTrading Statement
Hiscox LtdTrading Statement
International Personal Finance PLCTrading Statement
Kerry Group PLCTrading Statement
Lancashire Holdings LtdTrading Statement
Melrose Industries PLCTrading Statement
NAHL Group PLCFull Year Results
Reach PLCTrading Statement
Shell PLCQ1 Results
Smiths News PLCHalf Year Results
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Spectris PLCTrading Statement
Standard Chartered PLCQ1 Results
TI Fluid Systems PLCQ1 Results
Friday 3 May 
InterContinental Hotels Group PLCTrading Statement
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Trainline PLCFull Year Results
Monday 6 May 
no events scheduled 
Tuesday 7 May 
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BP PLCQ1 Results
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IWG PLCTrading Statement
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Trident Royalties PLCTrading Statement
Vaalco Energy IncQ1 Results
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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