News: BP PLC (BP.L)

BP.L on London Stock Exchange

19 Dec 2014
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Fri, Dec 19 2014


BP faces heavy hit from former prized asset Rosneft

LONDON - BP faces a first and heavy loss from its stake in Russia's Rosneft due to plummeting oil prices and a crumbling rouble, potentially forcing it to write down the value of its once-prized asset.

BP faces heavy hit from former prized asset Rosneft

* BP EPS could be cut to 5 cents due to first Rosneft loss

Drop in UK inflation helps FTSE shrug off Russia turmoil

LONDON, Dec 16 - Britain's top equity index rebounded off two-month lows on Tuesday as a drop in UK inflation propped up the stock market in the face of market turmoil caused by Russia.

Deals of the day- Mergers and acquisitions

Dec 15 - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Monday:

BP to wield jobs ax as oil price slump takes toll: report

LONDON - (This Dec 7 story corrects year in para 3)

BP, Husky Energy start operations at Canadian oil sands project

LONDON, Dec 12 - BP and Husky Energy on Friday started operations at the Sunrise oil sands project in Canada, paving the way for oil production in the first quarter next year, BP said in a statement.

BRIEF-BP says operations started at Sunrise project, Canada

* BP confirmed today that operations have started at Sunrise Phase 1 in-situ oil sands project in Alberta, Canada, with start of steam generation

Britain's FTSE regains traction as oil steadies

LONDON, Dec 11 - Britain's top share index edged higher on Thursday, after a three-session losing streak pushed it to its lowest levels in over a month, with major oil firms picking up after a sell-off.

Wood Group sees resilient 2015 on reimbursable order book

- John Wood Group Plc , a British energy services company, said it expected relative resilience in 2015 helped by its largely reimbursable order book and range of longer-term contracts.

Wood Group wins 5-year, $750 mln contract from BP

Dec 11 - John Wood Group Plc, a British energy services company, said it had secured a $750 million, five-year contract from BP for engineering, procurement and construction services in Grangemouth, Scotland.

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