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OIL TO BOUNCE BP BACK (BP.)     

l2e - 30 Apr 2003 07:12

BP dissapointed private investors as the share price slid even though a
Massive 136 percent jump in profits were recorded for the last quarter.
This was already expected and comments from Lord Browne saying falls in oil expected have brought also helped the stock down.
He says can stand oil price even below $16 pb
The hostage situation in Nigeria getting bad maybe BP putting on some weight today?
Locals want enviroment cleaned up and profits shared.
Any chance?

Chart.aspx?Provider=EODIntra&Code=BP.&Si

skinny - 03 Jan 2013 16:22 - 453 of 688

Certainly picked up in the last hour or so.

2013&rand=99717854&compidx=aaaaa%3a0&ma=

ahoj - 03 Jan 2013 16:27 - 454 of 688

Many have shorted this from 440-445, when it agreed to increase its holding in Rosneft

skinny - 03 Jan 2013 17:28 - 455 of 688

Transocean to pay $1.4 bln for role in BP spill - source

WASHINGTON | Thu Jan 3, 2013 11:50am EST

Jan 3 (Reuters) - Transocean Ltd has agreed to pay $1.4 billion to settle U.S. government charges arising from the massive 2010 BP Plc oil spill in the Gulf of Mexico, a source familiar with the matter said on Thursday.

The settlement includes $1 billion in civil penalties and $400 million in criminal penalties, under terms scheduled to be announced later on Thursday, the source said

skinny - 04 Jan 2013 10:50 - 456 of 688

BP spokesman Geoff Morrell:

"Today's settlement between Transocean and the United States underscores what every official investigation has found: that the Deepwater Horizon accident resulted from multiple causes, involving multiple parties. In settling, Transocean has acknowledged that it played a significant role and has responsibility for the accident. Transocean is finally starting, more than two-and-a-half years after the accident, to do its part for the Gulf Coast. Unfortunately, Halliburton continues to deny its significant role in the accident, including its failure to adequately cement and monitor the well."

halifax - 04 Jan 2013 11:57 - 457 of 688

sp rising is this a breakout or another false dawn?

skinny - 04 Jan 2013 12:15 - 458 of 688

This is the link from which the posting above was copied.

God bless the US of A!

Transocean's $1.4 billion settlement of Clean Water Act, safety violations prompts comments from public officials, environmental groups

ahoj - 04 Jan 2013 15:15 - 459 of 688

How far can it go, Skinny? Your target?

Sold one third earlier,446. Big mistake, but typical.

halifax - 04 Jan 2013 15:25 - 460 of 688

our target sp is 500p, subject to a favourable court settlement.

skinny - 04 Jan 2013 15:35 - 461 of 688

Looking at a 3 year chart, I'm hoping for £5+, but would be happy to get a fiver.

Chart.aspx?Provider=EODIntra&Code=BP.&Si

HARRYCAT - 04 Jan 2013 17:27 - 462 of 688

Presumably every other trader in market is going to be thinking the same, so 500p is going to be self fulfilling as an exit point.

HARRYCAT - 07 Jan 2013 10:52 - 463 of 688

StockMarketWire.com
Alphavalue cuts BP to Sell from Reduce, tgt 388p

skinny - 07 Jan 2013 10:54 - 464 of 688

Well they are off of my Christmas card list!

halifax - 07 Jan 2013 11:39 - 465 of 688

skin no problem it means they want to buy ...... tree shake!

ahoj - 07 Jan 2013 12:17 - 466 of 688

Well said Halifax. Recovery for BP has not started yet.

skinny - 09 Jan 2013 08:46 - 467 of 688

A bit crude but....

BP3yearclosechart_zps2f8351c3.gif

HARRYCAT - 09 Jan 2013 11:00 - 468 of 688

Q4 ex-divi date 13th Feb 2013.
Q1 ex-divi date 8th May 2013.

skinny - 12 Jan 2013 08:22 - 469 of 688

Link copied - BP Seeks Judge's Ruling on Size of Gulf Oil Spill

NEW ORLEANS January 12, 2013 (AP)
BP urged a federal judge Friday to rule the company can't be penalized for millions of gallons of oil that spewed from its blown-out well but was captured before it could spill into the Gulf of Mexico in 2010.

A court filing by London-based BP PLC says workers captured more than 34 million gallons — 810,000 barrels — of crude and either burned it or shipped it to shore before it could enter the Gulf waters.

The company asked U.S. District Judge Carl Barbier to rule that the collected oil can't be counted in calculating the company's Clean Water Act penalties, which could amount to billions of dollars.

A criminal settlement with the Justice Department in November didn't resolve the government's civil claims against BP.

In Friday's filing, BP lawyers also vowed to prove at trial that the federal government overestimated the size of the spill.

skinny - 17 Jan 2013 14:06 - 470 of 688

Algeria siege: Military operation under way

17 January 2013 Last updated at 14:01

An Algerian military operation is under way at a gas facility in eastern Algeria where hostages are being held, the British Foreign Office says.

Algerian soldiers had been surrounding the facility near In Amenas that kidnappers occupied on Wednesday, after killing a Briton and an Algerian.

Media reports quoting militants said 34 hostages and at least 14 kidnappers had been killed in the operation.

skinny - 23 Jan 2013 15:53 - 471 of 688

RNS Number : 2274W

Office of Fair Trading

23 January 2013

The OFT has published the text of its decision taken on 11 January 2013 on the completed acquisition by Flogas UK Limited (part of DCC) of BP's LPG distribution business (now trading as MacGas), which was cleared. This decision can be found on the Office of Fair Trading's website at www.oft.gov.uk.

skinny - 28 Jan 2013 14:15 - 472 of 688

BP starts production from new North Sea platform

LONDON | Mon Jan 28, 2013 12:49pm GMT
(Reuters) - BP (BP.L) has started production from new facilities at its Valhall field in the Norwegian North Sea, aiming to ramp up to 65,000 barrels of oil equivalent per day in the second half of 2013, the company said.

Valhall's previous output averaged about 42,000 barrels per day, feeding crude into the Ekofisk oil stream, which forms part of the Brent oil pricing benchmark.

The Ekofisk crude stream as whole will produce some 278,000 bpd in February.
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