N AMERICAN MORNING BRIEFING: Recovery Fears To Hit Stocks
24th Jun 2010 11:44
DJIA Futures 10191.50 -33.50 -0.30% S&P 500 Futures 1081.60 -5.80 -0.50% Nasdaq Futures 1860.13 -13.63 -0.70% Above are as of 0615 ET FTSE 100 5144.85 -33.67 -0.70% Xetra DAX 6160.65 -43.87 -0.70% CAC40 3602.90 -38.89 -1.10% Above are as of 0
Read moreN AMERICAN MORNING BRIEFING: Recovery Fears To Hit Stocks
24th Jun 2010 11:43
DJIA Futures 10191.50 -33.50 -0.30% S&P 500 Futures 1081.60 -5.80 -0.50% Nasdaq Futures 1860.13 -13.63 -0.70% Above are as of 0615 ET FTSE 100 5144.85 -33.67 -0.70% Xetra DAX 6160.65 -43.87 -0.70% CAC40 3602.90 -38.89 -1.10% Above are as of 0
Read moreForties Floating Storage Falls To 2M Bbl On Destocking -Trade
24th Jun 2010 11:36
By Sherry Su Of DOW JONES NEWSWIRES LONDON (Dow Jones)--The floating storage of North Sea Forties crude oil has fallen by half to 2 million barrels after destocking occurred in one of the two supertankers, traders and shipbrokers said Thursday. The Very Large Crude Carrier BW Lake, chart
Read moreLondon open: Stocks in the red
24th Jun 2010 08:49
Having posted quick gains at the start, London's top stocks have reversed into the red. Miners are the main instigators for the decline with 9 out of the top ten fallers from the sector. Kazakhmys, Rio Tinto, Eurasian Natural Resources and Fresnillo are the biggest decliners so far. BP said the lo
Read moreLondon pre-open: Early rise expeced
24th Jun 2010 07:40
Footsie is expected to move ahead in early dealings following a late rally in the US last night. BP has issued yet another update on the oil leak, saying the lower marine riser package (LMRP) cap containment system was successfully re-attached on its blow-out well in the Gulf of Mexico. Yesterday,
Read moreBP re-attaches cap on blow-out well
24th Jun 2010 07:23
Oil company BP said the lower marine riser package (LMRP) cap containment system was successfully re-attached on its blow-out well in the Gulf of Mexico. Yesterday, oil spewed uncontrolled back into the Gulf of Mexico after the cap containing the spill was removed because fluid seemed to be leaking
Read moreThursday's newspaper round-up: BP, postal service, airlines
24th Jun 2010 06:12
Oil was gushing largely unchecked from BP's stricken Gulf of Mexico well on Wednesday night - after an accident dramatically increased the flow, reports the Telegraph. Problems involving a subsea robot force the oil company to remove a containment cap, sending a further 27,000 barrels of oil into t
Read more3rd UPDATE: BP Reinstalls Cap On Leaking Well
24th Jun 2010 04:31
(Adds details of BP reinstalling cap and producing oil again.) By Susan Daker Of DOW JONES NEWSWIRES BP Plc (BP) said late Wednesday it has reinstalled a cap the company removed earlier in the day after a collision with an underwater robot, allowing the company to restart collection of oil at
Read moreUPDATE: BP Says Has Reattached Cap For Leaking Undersea Well
24th Jun 2010 03:53
(Adds background, details.) NEW ORLEANS (AFP)--The oil containment system in the Gulf of Mexico was reattached and is capturing oil again, BP PLC (BP) said, after it was halted earlier Wednesday following a collision involving a robotic submarine. The cap "was successfully reinstalled on th
Read moreBP Says Has Reattached Cap For Leaking Undersea Well
24th Jun 2010 03:51
NEW ORLEANS (AFP)--The oil containment system in the Gulf of Mexico was reattached Wednesday and is capturing oil again, BP PLC (BP) said, after it was halted earlier Wednesday following a collision involving a robotic submarine. The cap "was successfully reinstalled on the Deepwater Horizon's f
Read moreBP Says Has Reattached Cap For Leaking Undersea Well
24th Jun 2010 03:41
NEW ORLEANS (AFP)--The oil containment system in the Gulf of Mexico was reattached Wednesday and is capturing oil again, BP PLC (BP) said, after it was halted earlier Wednesday following a collision involving a robotic submarine. The cap "was successfully reinstalled on the Deepwater Horizon's f
Read moreObama Administration Appeals Deepwater-Drilling Ruling
24th Jun 2010 03:28
By Siobhan Hughes and Brent Kendall Of DOW JONES NEWSWIRES WASHINGTON (Dow Jones)--The Obama administration late Wednesday appealed a decision by a U.S. federal judge, who a day earlier had invalidated a six-month ban on drilling new deepwater wells in the Gulf of Mexico enacted after a cat
Read more2nd UPDATE: BP Begins Reinstalling Cap On Leaking Well
24th Jun 2010 01:17
(Updates with details from BP about operation to reinstall cap.) By Susan Daker Of DOW JONES NEWSWIRES BP PLC (BP, BP.LN) said late Wednesday that it had begun to reinstall a cap the company removed earlier in the day after a collision with an underwater robot, paving the way for the res
Read moreNOAA Reopens Some Gulf Of Mexico Waters To Fishing
24th Jun 2010 01:01
DOW JONES NEWSWIRES The National Oceanic and Atmospheric Administration on Wednesday reopened about 8,000 square miles of the Gulf of Mexico to fishing, while keeping about 32% of waters closed to anglers due to the oil spill. The closed area now covers 78,597 square miles, a four-point red
Read moreUPDATE:US Senators Ask Transocean To Delay Dividend Payment
24th Jun 2010 00:50
(Updates with comment from Transocean) By Siobhan Hughes Of DOW JONES NEWSWIRES WASHINGTON (Dow Jones)--About two dozen U.S. senators on Thursday asked Transocean Ltd. (RIG) to postpone making a dividend payment "until the extent of your company's responsibility" for a two-month-old oil
Read more