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BP PLC

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  • Early Glance: Oil companies Wednesday, 21 Jan 2015 | 10:45 AM ET

    BP PLC rose$. 42 or 1.1 percent, to $38.11. ConocoPhillips rose $1.13 or 1.8 percent, to $64.32. Exxon Mobil Corp. rose$. 52 or. 6 percent, to $91.61.

  • Past, future effects of oil argued in BP penalty trial Wednesday, 21 Jan 2015 | 10:33 AM ET

    NEW ORLEANS— Environmental researchers and BP attorneys sparred Wednesday over the potential effects of the 2010 Gulf oil spill in a trial aimed at determining whether the oil giant should be made to pay some $13.7 billion in Clean Water Act penalties. Stanley Rice, a retired National Oceanic and Atmospheric Administration toxicology expert, was critical of...

  • Final Glance: Oil companies Tuesday, 20 Jan 2015 | 6:36 PM ET

    BP PLC fell$. 17 or. 4 percent, to $37.69. ConocoPhillips rose$. 11 or. 2 percent, to $63.19. Exxon Mobil Corp. fell$. 03 or percent, to $91.09.

  • NEW ORLEANS, Jan 20- BP Plc, citing low oil prices, tried to whittle away at $13.7 billion in potential fines under the Clean Water Act on Tuesday as the penalty phase started in its trial over the 2010 Gulf of Mexico oil spill. He said a 60 percent drop in oil prices since June has slashed BPXP's value to about $5.1 billion, down from $16 billion just months ago.

  • Midday Glance: Oil companies Tuesday, 20 Jan 2015 | 1:33 PM ET

    BP PLC fell$. 34 or. 9 percent, to $37.52. ConocoPhillips fell$. 35 or. 6 percent, to $62.73. Exxon Mobil Corp. fell$. 44 or. 5 percent, to $90.69.

  • Early Glance: Oil companies Tuesday, 20 Jan 2015 | 10:33 AM ET

    BP PLC fell$. 32 or. 8 percent, to $37.54. ConocoPhillips fell $1.04 or 1.6 percent, to $62.04. Exxon Mobil Corp. fell$. 32 or. 4 percent, to $90.80.

  • NEW ORLEANS— Images of oil-coated birds and testimony about "widespread sociocultural harm" opened the third phase of a trial to establish penalties BP must pay under the federal Clean Water Act for spilling millions of barrels of crude into the Gulf of Mexico in 2010.. The pollution caused by the Deepwater Horizon explosion not only killed wildlife, but...

  • NEW ORLEANS, Jan 20- BP Plc will try to whittle away at $13.7 billion in potential fines under the Clean Water Act as the penalty phase starts on Tuesday in its trial over the 2010 Gulf of Mexico oil spill. Several billion dollars in potential fines were avoided on Thursday when U.S. District Court Judge Carl Barbier put the size of the spill at 3.19 million barrels.

  • Final Glance: Oil companies Friday, 16 Jan 2015 | 6:19 PM ET

    BP PLC rose $2.13 or 6.0 percent, to $37.86. ConocoPhillips rose $1.67 or 2.7 percent, to $63.08. Exxon Mobil Corp. rose $2.16 or 2.4 percent, to $91.12.

  • Midday Glance: Oil companies Friday, 16 Jan 2015 | 1:19 PM ET

    BP PLC rose $2.02 or 5.7 percent, to $37.75. ConocoPhillips rose $1.66 or 2.7 percent, to $63.07. Exxon Mobil Corp. rose $1.75 or 2.0 percent, to $90.71.

  • Europe shares close mostly up; Swiss stocks tumble Friday, 16 Jan 2015 | 11:43 AM ET

    European equities were mostly higher on Friday, but Swiss stocks weighed on wider benchmarks.

  • Early Glance: Oil companies Friday, 16 Jan 2015 | 10:13 AM ET

    BP PLC rose $1.36 or 3.8 percent, to $37.09. ConocoPhillips rose$. 68 or 1.1 percent, to $62.09. Exxon Mobil Corp. rose$. 84 or. 9 percent, to $89.80.

  • Stock futures shave losses after CPI Friday, 16 Jan 2015 | 9:10 AM ET

    U.S. stock index futures fell on Friday, with markets around the world still unsettled by the Swiss central bank's shock move on Thursday.

  • HOUSTON/ LONDON, Jan 16- BP Plc will face a maximum fine of $13.7 billion under the Clean Water Act for its Gulf of Mexico oil spill, several billion dollars less than feared, after a judge ruled that it was smaller than the U.S. government claimed. BP's stock rose 2.4 percent in London by 0920 GMT on Friday, outperforming the broader energy index, as investors worried...

  • Jan 15- Schlumberger Ltd, the world's No.1 oilfield services provider, said it will cut 9,000 jobs, or about 7 percent of its workforce, as it focuses on controlling costs amid plummeting oil prices. Schlumberger had said last month that it would take a $1 billion charge related to jobs cuts and the writedown of some seismic vessels. Schlumberger's customers- oil...

  • HOUSTON, Jan 15- BP Plc will face a maximum fine of $13.7 billion under the Clean Water Act for its Gulf of Mexico oil spill, several billion less than feared, after a judge found on Thursday the size of the spill was smaller than the U.S. government claimed. The ruling by federal magistrate Carl Barbier put the size of the worst offshore spill in U.S. history in 2010 at...

  • Final Glance: Oil companies Thursday, 15 Jan 2015 | 6:08 PM ET

    BP PLC rose$. 06 or. 2 percent, to $35.73. ConocoPhillips fell $1.21 or 1.9 percent, to $61.41. Exxon Mobil Corp. fell$. 78 or. 9 percent, to $88.96.

  • BP Gulf oil spill smaller than feared: Judge Thursday, 15 Jan 2015 | 5:40 PM ET
    A National Guard Blackhawk helicopter flies over the oil slickas it passes through the protective barrier formed by the Chandeleur Islands, as cleanup operations continue for the BP Deepwater Horizon platform disaster off Louisiana, on May 7, 2010.

    BP will face fines for its Gulf of Mexico oil spill of up to $13.7 billion, less than a maximum hit of $17.6 billion.

  • HOUSTON, Jan 15- BP Plc will face a maximum fine of $13.7 billion under the Clean Water Act for its Gulf of Mexico oil spill, several billion less than feared, after a judge found on Thursday the size of the spill was smaller than thought. The ruling by U.S. District Court Judge Carl Barbier put the spill's size well below the 4.09 million barrel estimate of the...

  • Midday Glance: Oil companies Thursday, 15 Jan 2015 | 1:59 PM ET

    BP PLC rose$. 21 or. 6 percent, to $35.88. ConocoPhillips fell$. 31 or. 5 percent, to $62.31. Exxon Mobil Corp. fell$. 71 or. 8 percent, to $89.03.