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Stock Market & Financial Investment News

News Breaks
January 9, 2014
08:35 EDTBPBP: Indian subsidy, bottlenecks hurts investment prospects, Economic Times says
BP is the largest foreign investor in India's energy sector, and the company's Indian head, Sashi Mukundan, says a non-conducive business environment and subsidies have diluted the country's attractiveness to investors, reports the Economic Times. Reference Link
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August 11, 2014
07:04 EDTBPBP's risk from Russian sanctions muted, says RBC Capital
RBC Capital said in the unlikely situation that BP were to relinquish its Rosneft stake due to Russian sanctions, the impact would be muted and shares would still offer 15% upside. The firm believe upside potential more than compensates the risk and reiterates its Outperform rating.
August 6, 2014
06:45 EDTBPMexican Congress paves way for foreign energy companies, NY Times reports
The Mexican Congress yesterday approved legislation that paves the way for large, foreign energy companies to seek oil and gas in Mexico, according to The New York Times. Publicly traded companies in the space include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT). Reference Link

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