Last checked at 6 Feb 2024 08:53
LONDON MARKET OPEN: BP jumps after unveiling share buyback
(Alliance News) - The FTSE 100 in London opened higher on Tuesday, with oil major BP at the top of the index, thanks to its new share buyback programme.
Read more
- Home
- Share Prices
- AQSE Share Prices
- Euronext
- Stock Screeners
- Share Chat
- FX
- News & RNS
- Events
- Media
- Trading Brokers
- Finance Tools
- Members
Latest Share Chat
BP Share News (BP.)
BP. Share
Price
BP. Share
News1
BP. Share
Chat32
BP. Share
Trades12,094
BP.
Live RNS2
BP. Share
Charts
BP. Level 2
Console
BP. Live
Share Price
BP. Broker
Ratings
BP. Directors
Deals
BP. Financial
Diary
BP.
Fundamentals
BP. Short
Positions
BP.
Media
BP Information
Share Price Information for BP (BP.)
Share Price is delayed by 15 minutes
Get Live Data
Share Price:
509.40
Bid:
510.30
Ask:
510.40
Change:
-11.00 (-2.11%)
Spread:
0.10 (0.02%)
Open:
520.00
High:
521.80
Low:
508.50
Prev. Close:
520.40
Last checked at -
Watchlists are a member only feature
Login to your account
Don't have an account? Click here to register.US Rep Markey:BP's Worst-Case Scenario Estimated 100,000 B/D Spill
Sun, 20th Jun 2010 18:12
By Angel Gonzalez Of DOW JONES NEWSWIRES HOUSTON (Dow Jones)--U.S. Representative Ed Markey (D, Ma.) said Sunday that BP Plc's (BP) worst-case scenario for the Deepwater Horizon oil spill estimated a potential leak of 100,000 barrels of oil a day. The scenario, described in a two-page BP document released by the congressman on Sunday, could occur if the wellhead and blow-out preventer are removed from the well and the company has incorrectly modeled other restrictions to the gusher. Oil could flow at a rate as high as 100,000 per day up the well casing, or 55,000 a day up the annulus (the empty space that lies between the casing and the rock.) Those are "low probability worst cases," according to the document, which said that the expected flow rate from the leak was between 5,000 barrels a day and 40,000 barrels a day. A U.S. team of scientists currently estimates the leak at between 35,000 and 60,000 barrels a day. In a statement, Markey said that the company submitted the document to Congress at a time when the leak was estimated at 5,000 barrels a day, and BP told congressmen that the worst case scenario would be 60,000 barrels a day. BP didn't immediately return a request for comment. The company, whose chief executive Tony Hayward was grilled by Markey and other congressmen last Thursday, has come under intense criticism for its inability to gauge the catastrophic scale of the gusher. The congressmen also accused the company of taking unnecessary risks when drilling what seemed to be a dangerous well. The spill began more than two months ago, when a rig leased by BP exploded and sank in the deepwater Gulf of Mexico. "Considering what is now known about BP's problems with this well prior to the Deepwater Horizon explosion, including cementing issues, leaks in the blowout preventer and gas kicks, BP should have been more honest about the dangerous condition of the well bore," said Markey, who chairs the Energy and Environment Subcommittee in the House Energy and Commerce Committee. -By Angel Gonzalez, Dow Jones Newswires; 713-547-9214;angel.gonzalez@dowjones.com (END) Dow Jones Newswires June 20, 2010 13:12 ET (17:12 GMT)
More News
6 Feb 2024 07:47
LONDON BRIEFING: BP promises buyback despite drop in profit
(Alliance News) - Stocks in London are called to open higher, ahead of a slew of construction purchasing managers' index readings from the eurozone, the UK and Germany.
Read more6 Feb 2024 07:02
BP unveils $1.75bn buyback as 2023 profits halve on weaker oil price
(Sharecast News) - Shares in BP surged on Tuesday as the energy giant announced a $1.75bn share buyback despite a slump in annual profits as oil prices fell during 2023 from the spike caused by Russia's invasion of Ukraine.
Read more2 Feb 2024 17:12
LONDON MARKET CLOSE: Stocks mixed as US jobs data dashes rate cut hope
(Alliance News) - Stock prices in London closed mixed, after hotter-than-expected US jobs data hit already precarious investor sentiment and all but ensured the Federal Reserve will not be cutting interest rates next month.
Read more2 Feb 2024 13:14
BP appoints Kate Thomson as its permanent finance chief
(Sharecast News) - BP announced the appointment of Kate Thomson as its new, permanent chief financial officer on Friday, effective immediately.
Read more2 Feb 2024 12:27
TOP NEWS: BP promotes Kate Thomson as permanent finance chief
(Alliance News) - BP PLC on Friday named Kate Thomson as its permanent chief financial officer, after being in the interim role since September.
Read more2 Feb 2024 12:09
LONDON MARKET MIDDAY: Airlines up but oil falls on Middle East talks
(Alliance News) - Stock prices in London were higher at midday Friday, ahead of the afternoon's US jobs data, as earnings from tech behemoths overnight lifted investor morale.
Read more2 Feb 2024 08:54
LONDON MARKET OPEN: European stocks lifted on Wall Street's gains
(Alliance News) - Stock prices in London opened higher on Friday, closing of a busy week of monetary policy decisions.
Read more1 Feb 2024 17:03
LONDON MARKET CLOSE: Stocks down on hawkish BoE interest rates hold
(Alliance News) - Stock prices in London closed down on Thursday after the Bank of England left interest rates on hold in a split decision that was hawkish on expectations of rate cuts.
Read more1 Feb 2024 12:22
LONDON MARKET MIDDAY: BoE keeps bank rate on hold in split decision
(Alliance News) - London's FTSE 100 was on the up on Thursday afternoon after the Bank of England left interest rates on hold on Thursday, in a split decision.
Read more1 Feb 2024 10:06
New UK oil and gas exploration licences approved in the North Sea
(Alliance News) - The UK's oil and gas regulator has awarded 24 new exploration licences to 17 separate companies in a move that has been welcomed by a trade body but condemned by climate campaigners.
Read more1 Feb 2024 08:50
LONDON MARKET OPEN: Shells begins USD3.5 billion buyback; eyes on BoE
(Alliance News) - Stock prices in London opened mixed, ahead of the Bank of England's first interest rate decision of the year.
Read more30 Jan 2024 15:28
UK earnings, trading statements calendar - next 7 days
| Wednesday 31 January | |
| Aberforth Smaller Companies Trust PLC | Full Year Results |
| abrdn Private Equity Opportunities Trust PLC | Full Year Results |
| Ecora Resources PLC | Trading Statement |
| GSK PLC | Full Year Results |
| ITM Power PLC | Half Year Results |
| NWF Group PLC | Half Year Results |
| Thursday 1 February | |
| Airtel Africa PLC | Trading Statement |
| AG Barr PLC | Trading Statement |
| BT Group PLC | Trading Statement |
| Cranswick PLC | Trading Statement |
| Gem Diamonds Ltd | Trading Statement |
| Glencore PLC | Trading Statement |
| JTC PLC | Trading Statement |
| Rank Group PLC | Half Year Results |
| Shell PLC | Full Year Results |
| TClarke PLC | Trading Statement |
| Friday 2 February | |
| YouGov PLC | Trading Statement |
| Monday 5 February | |
| Home REIT PLC | Trading Statement |
| Porvair PLC | Full Year Results |
| Trident Royalties PLC | Trading Statement |
| Vodafone Group PLC | Trading Statement |
| Tuesday 6 February | |
| Alumasc Group PLC | Half Year Results |
| BP PLC | Full Year Results |
| Filtronic PLC | Half Year Results |
| Mattioli Woods PLC | Half Year Results |
| Renishaw PLC | Half Year Results |
| Virgin Money UK PLC | Trading Statement |
| 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. | |
29 Jan 2024 17:25
London close: Stocks turn weaker ahead of busy week for earnings
(Sharecast News) - London's stock market saw slight declines by the close on Monday, as investors turned their attention to a week filled with corporate earnings reports and central bank announcements.
Read more29 Jan 2024 17:02
LONDON MARKET CLOSE: Stocks slightly down pre US Fed, Bank of England
(Alliance News) - Stock prices in London closed mutedly lower on Monday, ahead of a busy week of interest rate decisions and economic data.
Read more