3rd UPDATE: BP Shares Fall On Worries Over Well Cap Test
19th Jul 2010 12:16
(Adds analyst comment, detail.) By James Herron Of DOW JONES NEWSWIRES LONDON (Dow Jones)--BP PLC (BP) said tests on a well cap that has halted the flow of oil into the Gulf of Mexico for several days continue to behave as expected, but the company's shares dropped more than 7% in London
Read morePRESS RELEASE: Adm. Allen Sends BP Letter About Monitoring Systems
19th Jul 2010 11:55
Statement by National Incident Commander Admiral Thad Allen Key contact numbers Report oiled shoreline or request volunteer information: (866) 448-5816 Submit alternative response technology, services or products: (281) 366-5511 Submit your vessel for the Vessel of Opportunity Progra
Read morePRESS RELEASE: Adm. Allen Sends BP Letter About Monitoring Systems
19th Jul 2010 11:55
Statement by National Incident Commander Admiral Thad Allen Key contact numbers Report oiled shoreline or request volunteer information: (866) 448-5816 Submit alternative response technology, services or products: (281) 366-5511 Submit your vessel for the Vessel of Opportunity Progra
Read more2nd UPDATE: BP Shares Fall On Worries Over Well Cap Test
19th Jul 2010 11:37
(Updates share price, adds Egypt deal.) By James Herron Of DOW JONES NEWSWIRES LONDON (Dow Jones)--BP PLC (BP) said tests on a well cap that has halted the flow of oil into the Gulf of Mexico for several days continue to behave as expected, but the company's shares dropped more than 7% i
Read moreTNK-BP Shuts Ukrainian Lisichansk Refinery Until Thursday
19th Jul 2010 11:23
MOSCOW (Dow Jones)--Anglo-Russian oil major TNK-BP Holding (TNBP.RS) halted operations at its Lisichansk refinery in Ukraine on Saturday night due to a power cut, the company said Monday. The refinery, which was scheduled to refine 525,000 metric tons of crude in July, will remain shut for anoth
Read moreUPDATE: BP Gets Vote Of Confidence From Egypt Deep Water Deal
19th Jul 2010 11:12
(Adds analyst comment.) LONDON (Dow Jones)--BP PLC (BP) said Monday it has signed a new agreement in Egypt to develop significant gas resources in two deep water blocks--a badly needed vote of confidence in the U.K. company whose reputation has been damaged by the deep water oil spill in the Gul
Read moreRWE, BP To Jointly Invest $9B In 2 Egypt Offshore Gas Fields
19th Jul 2010 10:03
FRANKFURT (Dow Jones)--RWE Dea, the gas and oil exploration and production unit of German utility RWE AG (RWE.XE), said Monday it will jointly invest $9 billion in the development of two offshore gas fields in Egypt with project operator BP PLC (BP). The investment will be made for the developme
Read moreBP: Signs New Deal To Develop Deep Water Gas Find In Egypt
19th Jul 2010 09:48
LONDON (Dow Jones)--BP PLC (BP) said Monday it has signed a new agreement in Egypt to develop significant gas resources in two deep water blocks--a badly needed vote of confidence in the U.K. company whose reputation has been damaged by the deep water oil spill in the Gulf of Mexico. "Production
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS -2-
19th Jul 2010 09:40
0658 GMT [Dow Jones] UBS raises Burberry Group (BRBY.LN) target price to 790p from 730p, following the company's announcement that it will buy out its Chinese franchisees. UBS sees this transaction as very positive for Burberry, given that it allows the group to directly operate its business in what
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
19th Jul 2010 09:40
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0840 GMT [Dow Jones] BP shares -2.9% to 395p, after US authorities expressed concerns that hydrocarbons could seep from the n
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
19th Jul 2010 09:40
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0840 GMT [Dow Jones] BP shares -2.9% to 395p, after US authorities expressed concerns that hydrocarbons could seep from the n
Read moreMARKET TALK: BP Shrs Markedly Lower As US Govt Raises Concerns
19th Jul 2010 09:40
0840 GMT [Dow Jones] BP shares -2.9% to 395p, after US authorities expressed concerns that hydrocarbons could seep from the newly sealed Macondo oil well. "BP seems to have hit another road bump so that's not going to do the space any favors," says one trader. Another says there is also some trepida
Read more21 Nations To Seek Clean Energy Cooperation At US Meeting
19th Jul 2010 08:50
WASHINGTON (AFP)--Energy ministers and senior officials from 21 nations gathered in Washington Monday for a two-day meeting aimed at finding ways to cooperate on clean energy amid an impasse in drafting a new climate change treaty. The U.S. Energy Department said the meeting would feature announ
Read moreMarket open: Deals can't lift Footsie
19th Jul 2010 08:47
Friday's steady sell-off on Wall Street has meant a subdued start in London despite the possibility of two mega deals. International Power and French energy giant GDF Suez have revived talks about entering a partnership to create a new London listed electricity group. The British power station de
Read moreUPDATE: BP Shares Fall On Worries Over Well Cap Test
19th Jul 2010 08:22
(Adds share price update.) By James Herron Of DOW JONES NEWSWIRES LONDON (Dow Jones)--BP PLC (BP) said tests on a well cap that has halted the flow of oil into the Gulf of Mexico for several days continue to behave as expected, but the company's shares dropped almost 4% in London Monday
Read more