A former BP employee will pay to settle allegations of insider-trading during the 2010 Deepwater Horizon oil spill, U.S. regulators said.» Read More
BP PLC fell$. 67 or 1.4 percent, to $47.61. ConocoPhillips rose $1.31 or 1.9 percent, to $71.02. Exxon Mobil Corp. fell$. 29 or. 3 percent, to $96.49.
CHALMETTE, Louisiana— When a BP oil well began gushing crude into the Gulf of Mexico four years ago, fisherman George Barisich used his boat to help clean up the millions of gallons that spewed in what would become the worst offshore spill in U.S. history.
BP PLC rose$. 06 or. 1 percent, to $48.84. ConocoPhillips fell $1.14 or 1.6 percent, to $70.41. Exxon Mobil Corp. fell$. 01 or percent, to $97.32.
BP PLC rose$. 82 or 1.7 percent, to $48.78. ConocoPhillips rose $1.47 or 2.1 percent, to $71.54. Exxon Mobil Corp. fell$. 12 or. 1 percent, to $97.33.
BP PLC rose$. 64 or 1.3 percent, to $48.60. ConocoPhillips rose$. 91 or 1.3 percent, to $70.98. Exxon Mobil Corp. fell$. 29 or. 3 percent, to $97.16.
*Forward-looking measures of labour demand all flashing green. SYDNEY, April 9- Job losses in manufacturing have dominated Australian headlines-- 350 at BP, 180 at Philip Morris, 300 at Boeing in the past month alone-- but data proven to herald increased hiring tell a much cheerier tale.
BP PLC rose$. 16 or. 3 percent, to $48.27. ConocoPhillips rose$. 51 or. 7 percent, to $69.99. Exxon Mobil Corp. rose$. 68 or. 7 percent, to $97.46.
BP PLC fell$. 34 or. 7 percent, to $48.11. ConocoPhillips fell$. 74 or 1.1 percent, to $69.48. Exxon Mobil Corp. fell$. 58 or. 6 percent, to $96.78.
BP PLC fell$. 27 or. 6 percent, to $48.18. ConocoPhillips fell$. 57 or. 8 percent, to $69.65. Exxon Mobil Corp. fell$. 41 or. 4 percent, to $96.96.
*FTSE 350 companies seen paying £75.1 bn in dividend, highest since 2008. *Banks to drive increase as Lloyds, Barclays resume payouts. Companies in the FTSE 350 index are expected to pay 75.1 billion pounds in ordinary dividends in the next financial year, up 4.4 percent annually.
CORPUS CHRISTI, Texas, April 4- A U.S. federal judge refrained on Friday from issuing an emergency order that would have parked millions of General Motors Co cars recalled for defective ignition switches linked to at least 13 deaths.
DETROIT, April 4- General Motors Co said it has submitted most of the answers that U.S. safety regulators sought from the automaker about a defective ignition switch linked to at least 13 deaths.
LAUNCESTON, Australia, April 3- That Australia's oil refining industry is uncompetitive in the face of the new, complex plants in Asia is obvious. BP became the latest in this trend, announcing on Wednesday that it was closing its 102,000 barrels per day plant in Brisbane by 2015, and possibly converting it to an import terminal.
*BP blames competition from mega-refineries in Asia. SYDNEY, April 2- BP is ceasing production at its Bulwer Island refinery in Brisbane, Australia by mid 2015, blaming competition from new mega-refineries in Asia that are cheaper to operate.
*BP blames competition from mega-refineries in Asia. SYDNEY, April 2- BP said on Wednesday it will cease production at its Bulwer Island refinery in Brisbane by mid 2015, blaming competition from large, more cost-effective, refineries in Asia that has piled pressure on smaller plants in Australia.
SYDNEY, April 2- BP said on Wednesday it will cease production at its Bulwer Island refinery in Brisbane by mid 2015 as it restructures its struggling refining and marketing business in Australia.
WASHINGTON, April 1- Standing on the lawn of the U.S. Capitol on Tuesday morning in the path of an early spring breeze, Renee Trautwein tearfully braced herself to relive the worst morning of her life.
April 1- General Motors Co said on Tuesday it has hired Kenneth Feinberg, a lawyer widely known for administering funds to compensate victims of high-profile disasters and accidents, to help assess its options for dealing with victims harmed by recalled vehicles.
WASHINGTON, April 1- General Motors Co CEO Mary Barra on Tuesday called her company's slow response to at least 13 deaths linked to faulty ignition switches "unacceptable," but could not give U.S. lawmakers many answers as to what went wrong as she pointed to an ongoing internal investigation.
The "Fast Money" traders look at a chart of BP shares after its oil spill, and discuss their outlook for General Motors after the investigation into the handling of its ignition switch recall.