Articles related to BP plc |
|
|
| 24hGold - Associated Press |
OIL Cheaper oil sends Exxon, Chevron to worst quarter in years |
DALLAS (AP) -- Cheaper oil is leading to the lowest summer gasoline prices in years, and it is causing heartburn for oil companies and their shareholders.
On Friday, Exxon Mobil Corp. reported its smallest quarterly profit in nearly 17 years — although it still earned $1.7 billion. Chevron Corp. posted its biggest loss in nearly 15 years.
The reports from the two biggest U.S. oil companies followed weak second-quarter results from BP and Royal Dutch Shell.
Friday, July 29, 2016 |
|
| 24hGold - Associated Press |
OIL Counts dropped in Gulf oil spill fraud case against lawyer |
NEW ORLEANS (AP) -- A Texas lawyer and six co-defendants are now facing a reduced indictment of 73 charges, instead of 95, at federal trial on accusations that they faked more than 40,000 damage claims after the BP oil spill in 2010.
Online court records show that prosecutors dropped 22 counts of identity document fraud before jury selection began Monday in Gulfport, Mississippi, in the case involving litigation arising from the 2010 spill in the Gulf of Mexico.
Monday, July 18, 2016 |
|
| 24hGold - Associated Press |
OIL Oil industry cutting jobs, investment to offset lower prices |
Oil companies are cutting investment, slashing jobs and selling off pipelines and other assets as crude prices plunge.
"It's going to be a very turbulent year for our industry," says BP CEO Bob Dudley.
The latest warnings came from Exxon Mobil, which reported Tuesday that fourth-quarter earnings fell 58 percent in the oil giant's weakest quarter since 2002. The results were even worse at BP, which posted a 91 percent decline in profit.
Those Tuesday, February 2, 2016 |
|
| 24hGold - Yahoo |
OIL Oil Gas Stock Roundup: Crude Slump Takes Toll on Chevron, BP's Q4 |
It was a week where both oil and natural gas futures settled higher.With earnings remaining front and center, the major headlines came from Chevron Corp. CVX and BP plc’s BP fourth quarter underperformance. The dramatic fall in oil prices impacted the energy majors’ Dec quarter numbers, which missed analysts’ expectations.Overall, it was a pretty good week for the sector. West Texas Intermediate (WTI) crude futures rallied 4.4% to close at $33.62 per barrel, while natural gas prices soared 7.3% Tuesday, February 2, 2016 |
|
| 24hGold - Reuters |
SP downgrades Shell to A+/A-1; keeps door open to further downgrade |
Feb 1 (Reuters) - Credit ratings agency Standard and Poors on Monday downgraded oil major Royal Dutch Shell Plc to A+/A-1 from AA-/A-1+ and put its long-term credit rating on creditwatch negative citing sliding oil prices. S&P said Shell's one-notch downgrade, driven by weaker forecasts for its credit metrics over 2016-2018 and slower profit improvements, excluded the ratings impact of its BG Group Plc acquisition. Shell had said it was prepared for a downgrade asMonday, February 1, 2016 |
|
| 24hGold - Reuters |
SP downgrades Shell to A+/A-1; keeps door open to further downgrade |
Feb 1 (Reuters) - Credit ratings agency Standard and Poors on Monday downgraded oil major Royal Dutch Shell Plc to A+/A-1 from AA-/A-1+ and put its long-term credit rating on creditwatch negative citing sliding oil prices. S&P said Shell's one-notch downgrade, driven by weaker forecasts for its credit metrics over 2016-2018 and slower profit improvements, excluded the ratings impact of its BG Group Plc acquisition. Shell had said it was prepared for a downgrade asMonday, February 1, 2016 |
|
| 24hGold - Yahoo |
OIL The Zacks Analyst Blog Highlights: Suncor Energy, BP, Chevron, Statoil ASA and Petrobras |
For Immediate Release Chicago, IL – January 20, 2016 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Suncor Energy Inc. (SU), BP plc (BP),Chevron Corp. (CVX),Statoil ASA (STO) and Petrobras (PBR). Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free. Here are hiWednesday, January 20, 2016 |
|
| 24hGold - Yahoo |
OIL The Zacks Analyst Blog Highlights: Suncor Energy, BP, Chevron, Statoil ASA and Petrobras |
For Immediate Release Chicago, IL – January 20, 2016 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Suncor Energy Inc. (SU), BP plc (BP),Chevron Corp. (CVX),Statoil ASA (STO) and Petrobras (PBR). Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free. Here are hiWednesday, January 20, 2016 |
|
| 24hGold - Yahoo |
OIL The Zacks Analyst Blog Highlights: Suncor Energy, BP, Chevron, Statoil ASA and Petrobras |
For Immediate Release Chicago, IL – January 20, 2016 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Suncor Energy Inc. (SU), BP plc (BP),Chevron Corp. (CVX),Statoil ASA (STO) and Petrobras (PBR). Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free. Here are hiWednesday, January 20, 2016 |
|
| 24hGold - Yahoo |
OIL The Zacks Analyst Blog Highlights: Suncor Energy, BP, Chevron, Statoil ASA and Petrobras |
For Immediate Release Chicago, IL – January 20, 2016 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Suncor Energy Inc. (SU), BP plc (BP),Chevron Corp. (CVX),Statoil ASA (STO) and Petrobras (PBR). Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free. Here are hiWednesday, January 20, 2016 |
|
| 24hGold - Yahoo |
OIL The Zacks Analyst Blog Highlights: Suncor Energy, BP, Chevron, Statoil ASA and Petrobras |
For Immediate Release Chicago, IL – January 20, 2016 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Suncor Energy Inc. (SU), BP plc (BP),Chevron Corp. (CVX),Statoil ASA (STO) and Petrobras (PBR). Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free. Here are hiWednesday, January 20, 2016 |
|
| 24hGold - Yahoo |
OIL Oil Gas Stock Roundup: Crude at Sub-$30, Suncor to Buy Rival in Sweetened Deal |
It was a week where oil futures dropped to their worst settlement levels since Nov 2003 and natural gas tumbled to its lowest in almost a month.On the news front, Suncor Energy Inc. SU reached an agreement to acquire Canadian Oil Sands Ltd. after raising its all-stock offer by 12%.Overall, it was a pretty bad week for the sector. West Texas Intermediate (WTI) crude futures dived 11.3% to close at $29.42 per barrel, while natural gas prices plunged 15.1% to $2.10 per million Btu (MMBtu). (See theTuesday, January 19, 2016 |
|
| 24hGold - Yahoo |
OIL Oil Gas Stock Roundup: Crude at Sub-$30, Suncor to Buy Rival in Sweetened Deal |
It was a week where oil futures dropped to their worst settlement levels since Nov 2003 and natural gas tumbled to its lowest in almost a month.On the news front, Suncor Energy Inc. SU reached an agreement to acquire Canadian Oil Sands Ltd. after raising its all-stock offer by 12%.Overall, it was a pretty bad week for the sector. West Texas Intermediate (WTI) crude futures dived 11.3% to close at $29.42 per barrel, while natural gas prices plunged 15.1% to $2.10 per million Btu (MMBtu). (See theTuesday, January 19, 2016 |
|
| 24hGold - Yahoo |
OIL Oil Gas Stock Roundup: Crude at Sub-$30, Suncor to Buy Rival in Sweetened Deal |
It was a week where oil futures dropped to their worst settlement levels since Nov 2003 and natural gas tumbled to its lowest in almost a month.On the news front, Suncor Energy Inc. SU reached an agreement to acquire Canadian Oil Sands Ltd. after raising its all-stock offer by 12%.Overall, it was a pretty bad week for the sector. West Texas Intermediate (WTI) crude futures dived 11.3% to close at $29.42 per barrel, while natural gas prices plunged 15.1% to $2.10 per million Btu (MMBtu). (See theTuesday, January 19, 2016 |
|
| 24hGold - Yahoo |
OIL Oil Gas Stock Roundup: Crude at Sub-$30, Suncor to Buy Rival in Sweetened Deal |
It was a week where oil futures dropped to their worst settlement levels since Nov 2003 and natural gas tumbled to its lowest in almost a month.On the news front, Suncor Energy Inc. SU reached an agreement to acquire Canadian Oil Sands Ltd. after raising its all-stock offer by 12%.Overall, it was a pretty bad week for the sector. West Texas Intermediate (WTI) crude futures dived 11.3% to close at $29.42 per barrel, while natural gas prices plunged 15.1% to $2.10 per million Btu (MMBtu). (See theTuesday, January 19, 2016 |
|
| 24hGold - Yahoo |
U.S. Light Crude Sails Overseas After 40 Years |
The light crude that was loaded in the tanker by ConocoPhillips COP and NuStar Energy LP NS was pumped from South Texas-based Eagle Ford Shale. ConocoPhillips − located in Houston, TX − is a major global exploration and production (E&P) company. NuStar Energy is a master limited partnership (MLP) that engages in the transportation and storage of crude oil as well as refined products in the U.S., the Netherlands Antilles, Canada, Mexico, and the U.K.As per NuStar, Switzerland-based crude trading Monday, January 4, 2016 |
|
| 24hGold - Yahoo |
OIL ConocoPhillips' Eldfisk and Embla Oilfields Restart Production |
ConocoPhillips COP, the operator of Eldfisk and Embla oilfields in the North Sea, announced that both these fields have restarted production.Both the fields were shutdown on New Year’s Eve following concerns that the installations could be hit by a drifting barge.Located in the middle of the North Sea between Norway and Britain, BP plc's (BP) Valhall platform and ConocoPhillips's Eldfisk and Embla, lay on the way of the drifting vessel, instigating staff evacuations.Ekofisk crude oil stream reprMonday, January 4, 2016 |
|
| 24hGold - Yahoo |
Company News for January 04, 2016 |
• Shares of Chimerix, Inc. (CMRX) gained 7.2% after Steven A. Cohen’s investment firm reported a 5.3% stake in the biotech firm • Shares of BP p.l.c. (BP) declined 0.2% after the company was forced to evacuate hundreds of its workers in the North Sea due to harsh winter weather conditions • Shares of General Motors Company (GM) dropped 0.9% after the company’s bid to avoid first trial over faulty ignition switches was rejected by a U.S. judge • AT&T, Inc.’s (T) shares fell almost Monday, January 4, 2016 |
|
| 24hGold - Yahoo |
The Zacks Analyst Blog Highlights: Chevron, Exxon Mobil, Royal Dutch Shell, BP and Valero Energy |
For Immediate Release Chicago, IL – January 04, 2015 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog includeChevron Corp. (CVX), Exxon Mobil Corp. (XOM), Royal Dutch Shell plc (RDS.A), BP plc (BP) and Valero Energy Corp. ( VLO). Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day piMonday, January 4, 2016 |
|
| 24hGold - Yahoo |
New Strong Sell Stocks for January 4th |
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today: Allegheny Technologies Incorporated ( ATI ) Arc Logistics Partners LP ( ARCX ) BP plc (BP ) China Life Insurance Company Ltd.(LFC) ChipMOS Technologies (Bermuda) Ltd (IMOS) View the entire Zacks Rank #5 List. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ALLEGHENY TECH (ATI): Free Stock Analysis Report ARC LOGISTMonday, January 4, 2016 |
|
|
|
|
|