MARKET TALK: BP Falls Further; US Demands Hurt
14th Jun 2010 15:47
1447 GMT [Dow Jones] BP (BP.LN) down 9.8% to 353p, falling further into the red and still leading the FTSE 100 decliners. A trader says this comes as the Senate Democrats request $20B to be set aside to deal with the Gulf of Mexico oil spill. He says $20B would equal almost ten quarters of dividends
Read moreUK MARKET TALK ROUNDUP: SHARES LOSING
14th Jun 2010 15:47
Stocks on the fall in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 1447 GMT [Dow Jones] BP (BP.LN) down 9.8% to 353p, falling further into the red and still leading the FTSE 100 decliners.
Read moreMARKET TALK: BP ADRs Down 8% As US Pressure Heats Up
14th Jun 2010 15:38
[Dow Jones] U.S.-listed shares of BP PLC (BP) -8.3% at $31.16 on renewed fears about the ability of the oil giant to withstand the financial burden and political pressure resulting from the Gulf of Mexico spill. Democratic senators are asking BP to set aside $20 billion just for economic damages. Th
Read moreSen. Reid, Democrats Ask BP To Set Aside $20 Billion For Spill
14th Jun 2010 15:36
By Siobhan Hughes Of DOW JONES NEWSWIRES WASHINGTON (Dow Jones) -- Senate Majority Leader Harry Reid (D, Nev.) and members of the Democratic caucus on Monday asked BP Plc (BP) to set aside $20 billion in a special account to be used to pay for economic damages and clean-up costs of an ongoi
Read moreUS HOT STOCKS: Lincoln National, Marsh & McLennan, Helix Energy
14th Jun 2010 15:19
U.S. stocks traded higher Monday as the Dow Jones Industrial Average gained 49 points to 10260, the Standard & Poor's 500 climbed 6 points to 1098 and the Nasdaq Composite rose 20 points to 2263. Among the companies whose shares are actively trading in the session are Lincoln National Corp. (LNC), M
Read moreTable Of UK & Norway Oil, Gas Field Outage Schedules
14th Jun 2010 15:12
LONDON (Dow Jones)--The following table lists unplanned and planned outages at U.K., Norwegian and Danish oil and natural gas fields in 2009 and 2010 as reported by Dow Jones Newswires from both official and unofficial sources. Operator Field/Platform/ Period/Duration Oil Output Gas
Read moreRefinery Status:Crude Pipe To Chevron Utah Plant Ruptured Fri
14th Jun 2010 14:37
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. A leak in a Chevron Co
Read moreRefinery Status:Crude Pipe To Chevron Utah Plant -2-
14th Jun 2010 14:37
in Fall 2008. Construction to last 18 months. Motiva Port Arthur 285.0 Delayed Coking Unit to restart May 12 TX Wed., May 12, following two weeks of maintenance. Repairs on
Read moreFTSE 100 movers: BP hit again
14th Jun 2010 14:23
BP returned to its position at the bottom of the FTSE 100 on fears it will be hit with a financial penalty in addition to a suspension of the dividend. Proposals from US senators could mean the oil firm places $20bn in an escrow account to pay for the impact of the spill in the Gulf of Mexico. Pre
Read morePRESS RELEASE: Federal Agencies Introduce Online Mapping Tool to Track Gulf Response
14th Jun 2010 14:19
Federal Agencies Introduce Online Mapping Tool to Track Gulf Response The dynamic nature of the Deepwater Horizon BP oil spill has been a challenge for a range of communities- from hotel operators to fishermen to local community leaders. And the American people have questions about the response
Read moreLondon afternoon: Fresnillo adds lustre to Footsie
14th Jun 2010 14:12
Expectations of a firm start on Wall Street and a paring of the morning's losses suffered by BP enabled the Footsie to extend its rise over the lunchtime session. Mining companies are enjoying a lift from stronger metals prices. Kazakhmys, Vedanta and BHP Billiton are all going well but it is silve
Read moreAT A GLANCE: BP Makes Plan To Capture 50,000 Bbl/Day Of Leak
14th Jun 2010 14:09
LONDON (Dow Jones)--Oil continues to flow into the Gulf of Mexico from BP PLC's (BP) Macondo well, affecting hundreds of miles of coastal beaches and marshes in Louisiana, Mississippi, Alabama and Florida. The spill was triggered by an explosion on April 20 that destroyed the Transocean Ltd. (RIG) d
Read moreObama Likens Gulf Environmental Disaster To 9/11 -Report
14th Jun 2010 13:45
WASHINGTON (AFP) -- President Barack Obama likened the disastrous oil spill in the Gulf of Mexico to the Sept. 11 attacks in an interview published on the eve of his fourth visit Monday to the stricken region. "In the same way that our view of our vulnerabilities and our foreign policy was shape
Read moreUPDATE: BP Outlines Plan To Capture All Leaking Oil By End June
14th Jun 2010 13:24
(Adds detail.) LONDON (Dow Jones)--BP PLC (BP) Sunday outlined new plans to the U.S. Coast Guard that will allow it to capture the estimated 40,000 barrels of oil a day leaking from its Gulf of Mexico well by the end of June, according to a letter from the company seen by Dow Jones Newswires Mon
Read moreUnderwater Sensors To Try To Better Track Gulf Oil Spill-Report
14th Jun 2010 13:00
DOW JONES NEWSWIRES Undersea sensors were deployed to the ruptured well in the Gulf of Mexico on Sunday in an effort to better track the amount of oil gushing into the Gulf, the Huffington Post reported on its website Monday. Coast Guard Adm. Thad Allen, the U.S. commander overseeing the re
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