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Stock Market & Financial Investment News

News Breaks
November 25, 2012
13:40 EDTBPBP appoints new upstream head
BP announced the appointment of Lamar McKay as Chief Executive, Upstream. He will take up the position with effect from January 1. In his new role, McKay will lead BPs combined Upstream business, comprising the Exploration, Developments and Production divisions together with the Upstream strategy and integration team. These Upstream functional divisions were formed in late 2010 in a major re-organisation of BPs Upstream segment designed to improve risk management and implementation of global standards. They currently report directly to BP Group Chief Executive Bob Dudley. Their current structure and management teams will remain unaffected by this change in segment leadership.
News For BP From The Last 14 Days
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July 31, 2014
06:35 EDTBPOil companies say Russia sanctions could be headwind, NY Times reports
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July 29, 2014
13:18 EDTBPEU to hit Russia with new sanctions, Washington Post says
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07:41 EDTBPBP core business performed well in Q2, says Jefferies
Jefferies says BP's core businesses generally performed well in Q2 and that its view of the stock is unchanged following the quarterly results. It keeps a Buy rating on BP shares with a $55 price target.
05:53 EDTBPBP sees Q3 reported production lower than Q2
BP said, "The end of the Abu Dhabi concession in January 2014 together with divestment impacts, however, meant that reported Upstream production, at 2.1 million barrels of oil equivalent a day (mmboed), was 6% lower. Reported production in the third quarter is expected to be lower due primarily to turnaround and seasonal maintenance activities."
05:52 EDTBPBP reports Q2 EPS $1.18, consensus $1.12
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July 23, 2014
07:58 EDTBPBP management to meet with ISI Group
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06:36 EDTBPEU fails to impose tough sanctions on Russia, NY Times says
EU foreign ministers failed to impose any tough sanctions against Russia during a meeting of the bloc's foreign ministers yesterday, according to The New York Times. Given their dependence on Russia's energy, EU countries have "largely decided" they "have to live with" Russia, the newspaper stated. Significant Russian companies include Gazprom (OGZPY), Lukoil (LUKOY) and Yandex (YNDX), while BP (BP) has a 20% stake in major Russian energy company Rosneft. Reference Link
July 22, 2014
06:29 EDTBPEU weighing new sanctions on Russia, NY Times says
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July 21, 2014
08:16 EDTBPFMC Technologies signs agreement to develop susbsea equipment and systems
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July 18, 2014
06:33 EDTBPChinese helping Russia blunt sanctions' impact, NY Times says
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