BP PLC (BP_pb.L)
4 Sep 2015
LONDON - BP will need to buy oil and gas fields to offset falling production, which could lead it to issue equity to raise funds, Bank of America Merrill Lynch (BAML) said on Friday, cutting its rating on the oil major's shares to underperform from neutral.
LONDON, Sept 4 - BP will need to buy oil and gas fields to offset falling production, which could lead it to issue equity to raise funds, Bank of America Merrill Lynch (BAML) said on Friday, cutting its rating on the oil major's shares to underperform from neutral.
Sept 1 - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.
COPENHAGEN, Aug 31 - Maersk Oil has received approval by the UK's Oil & Gas Authority to develop the largest gas field discovered in the UK North Sea in more than a decade, the Danish oil company said on Monday.
LONDON, Aug 18 - Britain's top share index slipped lower on Tuesday, weighed down by a drop in energy and mining stocks as metals and oil prices weakened.
* Glencore touches an all-time low (Updates with closing prices)
* Glencore touches an all-time low (Adds detail, updates prices)
* ARM helped up by positive Barclays note (Recasts, updates prices)
LONDON, Aug 14 - Britain's top equity index edged up on Friday, with travel group TUI leading the risers and gains mitigated by a decline for commodities stocks, such as Glencore and BP.
- A U.S. judge on Thursday found that BP Plc manipulated the natural gas market in 2008, as alleged by the U.S. energy regulator, but did not address a proposed $28 million fine or any other penalties.