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BP PLC (BP.L)

BP.L on London Stock Exchange

538.00GBp
18 Feb 2019
Change (% chg)

-5.50 (-1.01%)
Prev Close
543.50
Open
544.40
Day's High
544.40
Day's Low
536.90
Volume
25,284,925
Avg. Vol
32,893,915
52-wk High
603.60
52-wk Low
456.45

Latest Key Developments (Source: Significant Developments)

Blackrock Raises Stake To 7.29 Pct From 6.84 Pct In BP Plc
Wednesday, 13 Feb 2019 

Feb 13 (Reuters) - BP Plc ::BLACKROCK, INC RAISES STAKE TO 7.29 PERCENT FROM 6.84 PERCENT IN BP PLC - FILING.  Full Article

BP Starts Gas Production From Second Stage Of Egypt's West Nile Delta Development
Monday, 11 Feb 2019 

Feb 11 (Reuters) - BP PLC ::BP STARTS GAS PRODUCTION FROM SECOND STAGE OF EGYPT'S WEST NILE DELTA DEVELOPMENT.BP PLC - ON TRACK TO DELIVER 900,000 BARRELS OF OIL EQUIVALENT PER DAY BY 2021.BP PLC - PEAK PRODUCTION EXPECTED TO BE ABOUT 700 MILLION CUBIC FEET OF GAS PER DAY FROM EGYPT’S WEST NILE DELTA DEVELOPMENT.BP - AFTER ALMOST ONE YEAR OF PRODUCTION, ATOLL PHASE ONE PROJECT CONTINUES TO PRODUCE 350 MILLION CUBIC FEET PER DAY FROM THREE WELLS.BP PLC - THIRD STAGE OF WEST NILE DELTA PROJECT WILL DEVELOP RAVEN FIELD AND PRODUCTION IS EXPECTED IN LATE 2019.BP - WHEN FULLY ONSTREAM IN 2019, COMBINED PRODUCTION FROM ALL PHASES OF WEST NILE DELTA PROJECT EXPECTED TO REACH UP TO ALMOST 1.4 BCF/D.BP PLC - PRODUCTION FROM GIZA AND FAYOUM SITES WILL KEEP CO ON TRACK TO TRIPLE NET PRODUCTION FROM EGYPT BY 2020.  Full Article

Jz Capital Partners Announces Sale Of Petrocorner
Tuesday, 15 Jan 2019 

Jan 15 (Reuters) - Jz Capital Partners :JZ CAPITAL PARTNERS - SALE OF PETROCORNER, A NETWORK OF PETROL STATIONS THROUGHOUT SPAIN, TO A SPANISH SUBSIDIARY OF BRITISH PETROLEUM.JZ CAPITAL PARTNERS LTD - EXPECTS TO RECEIVE CUMULATIVE GROSS PROCEEDS OF EUR 12.1 MILLION FROM SALE.  Full Article

Colonial Pipeline Responds to Shippers' Complaints on Charge Hike
Monday, 31 Dec 2018 

Dec 31 (Reuters) - COLONIAL PIPELINE COMPANY ::ON DEC. 28 SAID THE COMMISSION SHOULD DISMISS THE COMPLAINT BECAUSE THE ISSUES IT RAISES ARE DUPLICATIVE.SAID COMPLAINANTS' REQUEST FOR SUMMARY REJECTION OR A SHOW CAUSE ORDER IS NOT WARRANTED.  Full Article

Petrofac With Construction And Commissioning Contract With Ithaca Energy
Tuesday, 18 Dec 2018 

Dec 18 (Reuters) - Petrofac Ltd ::PETROFAC - SECURED CONSTRUCTION AND COMMISSIONING CONTRACT WITH ITHACA ENERGY (UK) VALUED IN REGION OF $10 MILLION.PETROFAC LTD - RESPONSIBLE FOR TOPSIDES CONSTRUCTION, COMMISSIONING WORKS TO BE UNDERTAKEN ON ITHACA-OPERATED FPF-1 FLOATING PRODUCTION FACILITY.PETROFAC LTD - CONTRACT RELATED TO TIEBACK OF BP-OPERATED VORLICH FIELD SUBSEA DEVELOPMENT IN CENTRAL NORTH SEA.PETROFAC LTD - ITHACA CONSTRUCTION AND COMMISSIONING CONTRACT DUE TO COMMENCE IN JANUARY 2019 AND COMPLETE IN 2020.  Full Article

BNP Paribas Awarded BP’S Cash Management Business Across Europe
Wednesday, 12 Dec 2018 

Dec 12 (Reuters) - BNP PARIBAS::ANNOUNCED THAT IT HAS BEEN AWARDED BP’S CASH MANAGEMENT BUSINESS ACROSS EUROPE, FOLLOWING A COMPETITIVE TENDER.  Full Article

BP Plc Recommends ADS Holders To Reject TRC's Mini-Tender Offer
Friday, 30 Nov 2018 

Nov 30 (Reuters) - BP Plc ::BP RESPONDS TO 'MINI-TENDER' OFFER.RECEIVED NOTIFICATION THAT ON NOVEMBER 19, 2018 TRC CAPITAL COMMENCED AN UNSOLICITED, BELOW-MARKET MINI-TENDER OFFER.BP RECOMMENDS THAT ADS HOLDERS REJECT OFFER AND DO NOT TENDER THEIR ADSS IN RESPONSE TO OFFER BY TRC.TRC CAPITAL COMMENCED UNSOLICITED, BELOW-MARKET MINI-TENDER OFFER TO PURCHASE UP TO 3 MILLION OF AMERICAN DEPOSITARY SHARES OF BP.BP IS IN NO WAY ASSOCIATED WITH TRC, MINI-TENDER OFFER OR OFFER DOCUMENTS.TRC MINI-TENDER OFFER IS NOT RELATED TO BP'S OWN SHARE BUYBACK PROGRAM TO REPURCHASE ORDINARY SHARES.TRC CAPITAL MINI-TENDER OFFER IS AT A PRICE OF $39.00 PER ADS.  Full Article

Hess Corp says Drilling Completed On Aspy Well
Saturday, 10 Nov 2018 

Nov 9 (Reuters) - Hess Corp ::DRILLING COMPLETED ON ASPY WELL.PROSPECT DID NOT ENCOUNTER COMMERCIAL QUANTITIES OF HYDROCARBONS.HESS' SHARE OF WELL COST THROUGH SEPTEMBER 30, 2018 WILL BE EXPENSED IN Q3.DRILLING OF ASPY EXPLORATION WELL OFFSHORE NOVA SCOTIA REACHED TOTAL DEPTH OF 7,400 METERS.  Full Article

BP CFO says major oil price correction unlikely
Tuesday, 30 Oct 2018 

Oct 30 (Reuters) - BP PLC ::BP CFO SAYS EXPECTS TO OFFSET EFFECT OF SCRIP DIVIDENDS SINCE LATE 2017 BY END OF NEXT YEAR.BP CFO SAYS EXPECTS ORGANIC CASH BREAKEVEN POINT AT $50/BBL IN 2018.BP CFO SAYS UNLIKELY WE WILL SEE MAJOR CORRECTION IN OIL PRICE.BP CFO SAYS FIRST TRANCHE OF DIVESTMENT OF LOWER 48 ASSETS TO GO THROUGH NEXT YEAR.BP CFO SAYS WE ARE CERTAINLY NOT SEEING ANY INFLATION IN RIG RATES.  Full Article

BP gearing might go above 30 pct in 2019 depending on oil price-CFO
Tuesday, 30 Oct 2018 

Oct 30 (Reuters) - BP PLC ::BP CFO SAYS GEARING MIGHT GO ABOVE 30 PERCENT IN 2019 DEPENDING ON OIL PRICES.BP CFO SAYS BP WILL REACH OVER $3 BILLION IN DISPOSALS THIS YEAR.BP CFO SAYS COMPANY HAS PREPARED FOR ALL BREXIT SCENARIOS, BUT DOES NOT EXPECT ANY MAJOR IMPACT ON BP.  Full Article

UPDATE 2-Belgium tax break for BP, others, upheld by EU court

* Belgium had been asked to recover 700 mln euros from companies