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HOUSTON— BP PLC said Wednesday that it has hired David Lawler as CEO of the oil and gas company's U.S. business, which is gearing up to spin off into its own separate company. Lawler, 46, will join BP on Sept. 15. U.S.-listed shares of London- based BP slipped 14 cents to $48.16 in afternoon trading Wednesday.
BP PLC fell$. 16 or. 3 percent, to $48.14. ConocoPhillips rose$. 33 or. 4 percent, to $80.24. Exxon Mobil Corp. fell$. 15 or. 2 percent, to $99.34.
LONDON, Aug 20- Oil traders have begun fixing tankers to take North Sea, West African and Arab crudes to South Africa for storage, hoping for a repeat of the multi-million dollar bonanza they reaped in 2008-2009..
BP PLC fell$. 27 or. 6 percent, to $48.03. ConocoPhillips rose$. 36 or. 5 percent, to $80.27. Exxon Mobil Corp. fell$. 17 or. 2 percent, to $99.32.
JUNEAU, Alaska, Aug 20- Alaska voters looked on track to narrowly uphold a new law that cuts taxes on oil production and is worth up to $1 billion a year to companies such as ConocoPhillips, BP Plc and Exxon Mobil Corp..
The federal government has sold more than 400,000 acres in the Gulf of Mexico off the Texas coast for oil and gas exploration and development, an official with the U.S. Bureau of Ocean Energy Management said Wednesday. Wednesday's sales, if approved, will bring in about $110 million, the agency's Western Gulf of Mexico Deputy Director Michael Celata said.
BP PLC rose$. 40 or. 8 percent, to $48.30. ConocoPhillips rose$. 57 or. 7 percent, to $79.91. Exxon Mobil Corp. fell$. 03 or percent, to $99.49.
BP PLC rose$. 37 or. 8 percent, to $48.27. ConocoPhillips rose$. 76 or 1.0 percent, to $80.10. Exxon Mobil Corp. rose$. 09 or. 1 percent, to $99.61.
BP PLC rose$. 51 or 1.1 percent, to $47.90. ConocoPhillips fell $1.28 or 1.6 percent, to $79.34. Exxon Mobil Corp. rose$. 49 or. 5 percent, to $99.52.
MOSCOW, Aug 18- Russian Urals crude weakened for an eight straight trading day on Monday due to weak European refining demand, falling well below $100 a barrel for the first time in a year in a move to increase the pain for Russian state finances amid Western sanctions.
BP PLC rose$. 35 or. 7 percent, to $47.74. ConocoPhillips fell$. 57 or. 7 percent, to $80.05. Exxon Mobil Corp. rose$. 39 or. 4 percent, to $99.42.
SEATTLE— The U.S. Justice Department said Friday it will file no criminal charges following a four-year investigation into the April 2010 explosion that killed seven workers at the Tesoro Corp. refinery in Anacortes. The decision was shared with victims' relatives earlier in the day, said Jenny Durkan, the U.S. attorney in Seattle.
BP PLC fell$. 02 or percent, to $47.39. ConocoPhillips rose$. 45 or. 6 percent, to $80.62. Exxon Mobil Corp. fell$. 06 or. 1 percent, to $99.03.
BP PLC fell$. 18 or. 4 percent, to $47.23. ConocoPhillips rose$. 55 or. 7 percent, to $80.72. Exxon Mobil Corp. fell$. 53 or. 5 percent, to $98.56.
BP PLC rose$. 03 or. 1 percent, to $47.44. ConocoPhillips fell$. 12 or. 1 percent, to $80.05. Exxon Mobil Corp. fell$. 02 or percent, to $99.07.
Portugal's Galp and Spain's Repsol, more exposed than most to lucrative exploration zones deep under Brazil's seabed, as well as France's Total on Angola exposure, are seen as the pick of the bunch as BP and Royal Dutch Shell suffer from weak exploration results.
LONDON, Aug 15- Following four decades of war, sanctions, nationalization and unrest, oil and gas producers are gradually adjusting to rely less on the Middle East. Diversification away from the Middle East is one of the main reasons why oil prices have remained virtually unchanged as unrest has spread across much of the region since 2011..
*Gazprom has first loss since 2008 due bad Ukraine debts. MOSCOW, Aug 14- Russia's Rosneft, which produces more oil than Iraq or Iran, is seeking a $42 billion loan from a fund earmarked for Russian pensions to help it weather Western sanctions imposed over Moscow's role in Ukraine.
MEXICO CITY, Aug 13- Mexico's energy ministry announced on Wednesday that the country expects to attract $50.5 billion in new private and foreign investment by 2018 as part of a historic oil sector opening next year that will begin with a first round of contracts.
MEXICO CITY, Aug 13- Mexico expects to attract $50.5 billion in new private and foreign investment by 2018 as part of a historic opening of its oil sector that begins next year with a first round of contracts, the country's top oil officials said on Wednesday.