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Share Price Information for BP (BP.)

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Share Price: 460.00
Bid: 459.60
Ask: 459.80
Change: 0.00 (0.00%)
Spread: 0.20 (0.044%)
Open: 460.30
High: 463.35
Low: 458.30
Prev. Close: 460.00
BP. Live PriceLast checked at -

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US to sue BP over Gulf of Mexico oil spill

Thu, 16th Dec 2010 07:33

Shares in BP were under pressure Thursday after the US government filed a civil lawsuit against it and eight other companies over the Deepwater Horizon oil rig explosion and the subsequent oil spill in the Gulf of Mexico.The complaint, which has been filed at a District Court in New Orleans, names eight other defendants including the insurer Lloyds of London, rig owner Transocean and oil exploration group Anadarko. The US is seeking unlimited damages.Halliburton, which supplied cement to plug the well, is not named in the lawsuit.Fines could exceed $21bn (£13.4bn), on top of the $30bn BP has already paid in compensation, if it is accused of gross negligence and this is proven. Damages are being sought under the Clean Water Act, which prohibits the unauthorised discharge of oil into US waters, and allows the US to seek damages of $1,100 for each barrel of oil spilled. "We intend to prove that these defendants are responsible for government removal costs, economic losses and environmental damages without limitation," said US Attorney-General Eric Holder."Even though the spill has been contained, the department's focus on investigating this disaster and preventing future devastation has not wavered."Assistant attorney-general Tony West said: "We have not asked for damages at this point because it's going to take years to fully quantify what the damages are."BP responded to the filing of the lawsuit, saying: "The filing is solely a statement of the government's allegations and does not in any manner constitute any finding of liability or any judicial finding that the allegations have merit."
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27 Oct 2023 12:06

LONDON MARKET MIDDAY: Oil majors lift FTSE 100 but banks fall

(Alliance News) - Stock prices in London were up at midday on Friday, as the FTSE 100 was led higher by oil majors, tracking a rise in the Brent price.

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24 Oct 2023 15:48

UK earnings, trading statements calendar - next 7 days

Wednesday 25 October 
Asos PLCFull Year Results
Bytes Technology Group PLCHalf Year Results
Critical Mineral Resources PLCTrading Statement
Ecora Resources PLCTrading Statement
Fresnillo PLCTrading Statement
Ibstock PLCTrading Statement
Lloyds Banking Group PLCTrading Statement
Reckitt Benckiser Group PLCTrading Statement
RWS Holdings PLCTrading Statement
ScS Group PLCFull Year Results
Taylor Maritime Investments LtdTrading Statement
Virgin Wines UK PLCFull Year Results
Thursday 26 October 
Bank of Ireland Group PLCTrading Statement
Bloomsbury Publishing PLCHalf Year Results
Botswana Diamonds PLCTrading Statement
C&C Group PLCHalf Year Results
e-Therapeutics PLCHalf Year Results
Financials Acquisition CorpTrading Statement
GCP Infrastructure Investments LtdTrading Statement
HarbourVest Global Private Equity LtdHalf Year Results
Hummingbird Resources PLCTrading Statement
Hunting PLCTrading Statement
Inchcape PLCTrading Statement
International Personal Finance PLCTrading Statement
PPHE Hotel Group LtdTrading Statement
Renishaw PLCTrading Statement
Standard Chartered PLCQ3 Results
Unilever PLCTrading Statement
WPP PLCTrading Statement
Friday 27 October 
International Consolidated Airlines Group SAQ3 Results
NatWest Group PLCQ3 Results
Monday 30 October 
Airtel Africa PLCHalf Year Results
Computacenter PLCTrading Statement
Glencore PLCTrading Statement
HSBC Holdings PLCQ3 Results
Lok'n Store Group PLCFull Year Results
Pearson PLCTrading Statement
Tuesday 31 October 
BP PLCQ3 Results
Coca-Cola HBC AGTrading Statement
Elementis PLCTrading Statement
essensys PLCFull Year Results
Georgia Capital PLCQ3 Results
Grit Real Estate Income Group LtdFull Year Results
RHI Magnesita NVTrading Statement
Spectris PLCQ3 Results
TP ICAP Group PLCTrading Statement
UP Global Sourcing Holdings PLCFull Year Results
  
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20 Oct 2023 10:02

UPDATE: BP ships cargo from expanded Tangguh facility in Indonesia

(Alliance News) - BP PLC on Thursday said it shipped its first cargo from Indonesia's expanded Tangguh liquefied natural gas facility.

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20 Oct 2023 09:55

BP ships first cargo from expanded Tangguh facility in Indonesia

(Alliance News) - BP PLC on Thursday said it shipped its first cargo from Indonesia's expanded Tangguh liquefied natural gas facility.

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20 Oct 2023 09:36

LONDON BROKER RATINGS: Barclays cuts Just Eat Takeaway price target

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

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19 Oct 2023 12:10

LONDON MARKET MIDDAY: Conflict worry and bond sell-off hurts stocks

(Alliance News) - Stock prices in Europe were lower heading into Thursday afternoon, with the fear that tensions between Israel and its Middle Eastern neighbours could reach a boiling point.

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16 Oct 2023 16:53

LONDON MARKET CLOSE: Europe boosted by bullish open in New York

(Alliance News) - European equities found their groove in afternoon dealings, supported by a decent start in New York, with the lack of an escalation in Middle East tensions enough for investors to buy into equities again.

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16 Oct 2023 12:03

LONDON MARKET MIDDAY: Stocks mixed on conflict and US earnings nerves

(Alliance News) - Global markets got off to a muted start to the week, with tensions in the Middle East, and some trepidation ahead of US corporate earnings keeping a lid on equities.

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16 Oct 2023 08:51

LONDON MARKET OPEN: Stocks steady as eyes on oil, Israel, US earnings

(Alliance News) - Stock prices in London made little headway at Monday's market open, as the prospect of escalation in the Middle East prompted investors to be cautious.

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13 Oct 2023 17:08

LONDON MARKET CLOSE: Stocks red as rate fears weigh on investors

(Alliance News) - Stocks closed lower on Friday in London as investors looked increasingly risk averse amid an expectation that interest rates will stay higher for longer and clashes continue in the Middle East.

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13 Oct 2023 17:00

LONDON MARKET CLOSE: Stocks lower as conflict and rate fears weigh

(Alliance News) - Stocks in London ended in the red on Friday as escalating tensions in the Middle East and the prospect of interest rates staying higher for longer put investors in a firmly risk-off mood.

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13 Oct 2023 16:45

London close: Stocks finish lower on global stability concerns

(Sharecast News) - London stocks ended on a downbeat note on Friday after a hotter-than-expected US inflation print overnight, and escalating oil and gas prices fuelled anxiety across the board.

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13 Oct 2023 08:52

LONDON MARKET OPEN: FTSE 100 resilient amid downbeat global trading

(Alliance News) - Stock prices in London opened mixed on Friday, as investors continued to digest a stubborn US inflation print and the latest series of economic data from China.

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12 Oct 2023 16:54

LONDON MARKET CLOSE: FTSE 100 withstands selling pressure after US CPI

(Alliance News) - Stock prices in Europe closed mixed on Thursday, ending off session highs as equities in New York came under pressure following a more robust than expected US inflation reading.

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12 Oct 2023 16:02

London close: Stocks mixed as US inflation comes in slightly hot

(Sharecast News) - London markets ended with a mixed outcome on Thursday, as investors digested a fresh inflation reading out of the US, as well as a slight uptick in the UK economy.

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