News Breaks |
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| November 20, 2012 |
| 07:36 EDT |  | BP, APU, UGI | UGI subsidiary to acquire LPG distribution business from BP in Poland
UGI Corporation (UGI) announced that its subsidiary, Flaga, has reached a definitive agreement to acquire the liquefied petroleum gas, or LPG, distribution business of BP (BP) in Poland. BP's Polish LPG business distributed over 150 million gallons of LPG in 2011 and serves the residential, commercial, autogas, and wholesale segments. Terms of the transaction were not disclosed. UGI is a distributor and marketer of energy products and services. Through subsidiaries, UGI operates natural gas and electric utilities in Pennsylvania, distributes propane both domestically and internationally, manages midstream energy and electric generation assets in Pennsylvania, and engages in energy marketing in the Mid-Atlantic region. UGI, through subsidiaries, is the sole General Partner and owns 26% of AmeriGas Partners (APU), the nation's largest retail propane distributor. |
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News For BP;UGI;APU From The Last 14 Days Check below for free stories on BP;UGI;APU the last two weeks. |
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| May 17, 2013 |
| 16:21 EDT |  | BP | On The Fly: Closing Wrap
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| 13:09 EDT | | BP | Tesoro receives FTC clearance for purchase of BP refining, marketing business
Tesoro (TSO) announced that the Federal Trade Commission has cleared the company's planned acquisition of BP's (BP) fully integrated Southern California Refining and Marketing business and that Tesoro intends to close the acquisition during Q2. The clearance from the FTC came without any impacts to the assets or operations in the transaction as announced in August of last year. The purchase price of BP's assets is $1.075B, plus the market value of inventory, currently estimated at $1.3B. This amount includes a $100M purchase price reduction for the clearance with regulatory authorities. |
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| May 16, 2013 |
| 14:46 EDT |  | BP | Tesoro may take over BP California assets as soon as June 1, Reuters says
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| 14:32 EDT | | BP | Tesoro may take ownership of BP Carson refinery, other assets as soon as June 1
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| 07:11 EDT | | BP | BP wants PM Cameron to discuss Gulf compensation with U.S., Reuters reports
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| 06:08 EDT | | BP | On the Fly: Periodicals Wrap-Up
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| May 15, 2013 |
| 08:44 EDT | | APU | AmeriGas backs FY13 adj. EBITDA near midpoint of prior $620M-$645M view
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| 08:43 EDT |  | APU | AmeriGas revises Q2 EPS to $1.56 from prior report of $1.61
Net income attributable to AmeriGas Partners, L.P. for the current-year period was revised to reflect the impact of an $8.7M adjustment to correct the Partnership’s method of accounting for certain customer credits. Net income attributable to AmeriGas Partners, L.P. for the current-year period also includes the impact of $5.4M in acquisition and transition expenses associated with Heritage Propane. |
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| 08:40 EDT | | UGI | UGI Corporation sees FY13 EPS at low end of $2.40-$2.50 prior view
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| 08:39 EDT | | UGI | UGI Corporation revises Q2 EPS to $1.49 from prior report of $1.51
Results for the period were revised to include the impact of a $1.5M reduction in net income, approximately 2c per diluted share, related to the correction of AmeriGas’s method of accounting for certain customer credits. |
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| 08:38 EDT | | BP | WTI crude falls for a fith consecutive day, Bloomberg reports
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| 05:55 EDT | | BP | EU inspects firms in oil investigation, WSJ reports
EU antitrust authorities carried out unannounced inspections of energy giants BP (BP), Royal Dutch Shell (RDS.A) and Statoil (STO), escalating an investigation of alleged oil-price manipulation amid scrutiny of how prices are set in global financial markets, reports the Wall Street Journal. EU officials are investigating whether the three companies manipulated prices in the $2.5T physical-oil market by giving false data to an oil index publisher, the Platts unit of McGraw Hill Financial (MHFI). Platts's offices were also inspected.Reference Link |
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| May 14, 2013 |
| 11:08 EDT | | BP | BP says involved in EC probe, cooperating with investigation, Bloomberg reports
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| 07:10 EDT | | BP | IEA says North American oil will dominate world supply growth, WSJ reports
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| May 10, 2013 |
| 17:24 EDT | | UGI | UGI Corporation to delay filing Form 10-Q
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| May 7, 2013 |
| 16:01 EDT |  | BP | Options Update; May 7, 2013
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| May 6, 2013 |
| 09:27 EDT | | BP | BP announces asle of interest in Polvo field, Brazil for $135M
BP announced that it has agreed to sell its 60% interest in the Polvo oil field in Brazil to HRT Oil & Gas Ltda for $135M in cash. Subject to regulatory approvals, BP expects the deal to close in the second half of 2013. The Polvo field is located in the southern part of Campos basin, approximately 100 kilometres off the coast of Rio de Janeiro, in water depths of around 100 metres. Commercial production started in 2007 and BP has operated the field since its acquisition from Devon. The other 40% stake in the field is owned by Maersk. |
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| 07:32 EDT |  | UGI | Citigroup to host events at AGA Financial Forum
Citigroup Events at the AGA Financial Forum are being held in Naples, Florida on May 5-7. |
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| 07:30 EDT | | BP | OTC to host a conference
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| 07:28 EDT | | UGI | UBS to host events at AGA
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