Refinery Status: Motiva Port Arthur Plant Undergoes Unplanned Work
11th Jul 2010 20:08
DOW JONES NEWSWIRES The following table lists unplanned and planned production outages at U.S. refineries as reported by Dow Jones Newswires. The information is compiled from both official and unofficial refining sources and doesn't purport to be a comprehensive list. Motvia Enterprises LLC
Read moreRefinery Status: Motiva Port Arthur Plant -2-
11th Jul 2010 20:08
will increase available crude 2010 supplies to refinery by 4Q. MIDWEST BP Toledo, OH 155.0 $400 million upgrade 2012 to start 2010. Valero Memphis, TN 195.0 Fire erupted at a selective
Read moreUPDATE: BP Says Pleased With Progress Of Replacing Cap On Well
11th Jul 2010 18:26
(Updates with BP collection figures) By Susan Daker Of DOW JONES NEWSWIRES HOUSTON (Dow Jones)--BP PLC (BP, BP.LN) hit only one small snag overnight and remains "pleased with its progress" in the second day of its new effort to contain oil gushing from its broken well in the U.S. Gulf of
Read moreBP Ready To Pay Six Months In Claims: Fund Administrator
11th Jul 2010 18:05
WASHINGTON (AFP)--The man charged with doling out BP PLC's (BP.LN, BP) compensation to victims of the Gulf of Mexico oil spill said Sunday he is prepared to pay up to six months of expenses in advance, but getting people to file claims is a struggle. Kenneth Feinberg told CNN he wanted to provid
Read moreUPDATE: BP Declines Comment On UK Report Of Exxon Takeover Bid
11th Jul 2010 16:41
(Adds detail.) By Selina Williams Of Dow Jones Newswires LONDON (Dow Jones)--Oil major BP PLC (BP) Sunday declined to comment on a report in a U.K. newspaper that Exxon (XOM) was mulling a takeover bid for the company. A spokesman for BP also declined to comment on a U.K. press rep
Read moreExxon sounds out US over BP
11th Jul 2010 16:15
US oil giant Exxon has started to clear the political hurdles ahead of a possible bid for BP, reports today suggested. There is no indication yet that Exxon intends to make a move, but the US firm has sounded out the Obama administration and been told the US government would not stand in the way if
Read moreBP: Pleased With Progress Of Replacing Cap On Broken Well
11th Jul 2010 14:23
By Susan Daker Of DOW JONES NEWSWIRES HOUSTON (Dow Jones)--BP PLC (BP, BP.LN) hit only one small snag overnight and remains "pleased with its progress" in the second day of its new effort to contain oil gushing from its broken well in the U.S. Gulf of Mexico, a BP Vice President said Sunday
Read moreAbu Dhabi Reluctant To Invest In BP - Report
11th Jul 2010 14:20
DUBAI (AFP)--Abu Dhabi is reluctant to invest in BP, a report said, only days after the U.K. company's chief was thought to have sought investment from sovereign wealth funds on a visit to the Gulf state. Citing sources, the Middle East Economic Survey said it "understands that Abu Dhabi has sig
Read moreAbu Dhabi Signals Reluctance To Buy Into BP - Report
11th Jul 2010 14:18
DUBAI (Zawya Dow Jones)--Abu Dhabi is reluctant to buy into BP PLC, whose chief executive officer met with officials in the emirate last week as the U.K. firm is battling a massive oil spill in the Gulf of Mexico, Middle East Economic Survey reports in its latest issue to be published July 12. "
Read moreUS Continuing Criminal Probe Into BP Oil Spill -US Attorney General
11th Jul 2010 13:56
WASHINGTON (AFP)--The US Justice Department is still investigating the causes of the Gulf of Mexico oil spill to determine whether to bring criminal charges, U.S. attorney general Eric Holder said Sunday. (END) Dow Jones Newswires July 11, 2010 08:56 ET (12:56 GMT)
Read moreBP Declines Comment On UK Press Report Of Possible Exxon Takeover Bid
11th Jul 2010 13:20
LONDON (Dow Jones)--Oil major BP PLC Sunday declined to comment on a report in a U.K. newspaper that Exxon was mulling a takeover bid for the company. A spokesman for BP also declined to comment on a U.K. press report that BP was in talks with the U.S.'s Apache Corp. to sell up to $12 billion in
Read moreBP In Talks To Sell $12B Assets To Apache Corp -Paper
11th Jul 2010 11:23
LONDON (Dow Jones)--Oil major BP PLC (BP.LN) is in talks to sell up to $12 billion of assets to U.S. Apache Corp., including a big stake in Alaska's Prudhoe Bay, according to the Sunday Times. Apache approached BP with the plan a few weeks ago. Negotiations are underway over the structure of the
Read moreExxon Mulling Takeover Bid For BP -Newspaper
11th Jul 2010 11:15
LONDON (Dow Jones)--U.S. oil major Exxon has sought clearance from Washington DC to examine a takeover bid for BP PLC (BP.LN), according to the Sunday Times. According to oil industry sources, the Obama administration had told Exxon and one other U.S. oil company, thought to be Chevron, that it
Read moreSunday newspaper round-up: BP, Lloyds, Daily Mail
11th Jul 2010 11:03
BP is in exclusive talks to sell up to $12bn (£8bn) of assets to Apache Corporation, an American rival, including a big stake in Alaska's Prudhoe Bay, the largest oil field in North America, the Sunday Times reports. Apache approached BP with the plan a few weeks ago. Negotiations are under way ove
Read more3rd UPDATE: BP Says Pleased With Progress Of Replacing Cap On Well
11th Jul 2010 00:32
(Updates with BP's collection rate for first 12 hours of July 11) By Susan Daker Of DOW JONES NEWSWIRES HOUSTON (Dow Jones)--BP PLC (BP, BP.LN) hit only one small snag overnight and remains "pleased with its progress" in the second day of its new effort to contain oil gushing from its br
Read more