Jim O'Shaughnessy, member of the "Squawk Box" Portfolio Challenge, believes in three global dividend stocks.» Read More
BRIEF-BP SAY EXPECTS TO AGREE A FURTHER $3- 5 BLN DIVESTMENTS. *Charge of $426 million for incident was taken in quarter, bringing total cumulative pre-tax charge to $55.0 billion. *BP expects to agree a further $3- 5 billion divestments in 2016 before returning to a rate of around $2- 3 billion a year thereafter.
Chinese President Xi Jinping has sealed a multi-billion dollar deal to finance nuclear power stations in Britain.
Oct 21- Kinder Morgan Inc on Wednesday increased its quarterly dividend but said the payout would grow a bit slower next year as the U.S. pipeline company seeks to maintain financial flexibility in a slumping commodities market. It also said it is starting to see opportunities for acquisitions over the next 6-12 months, after a joint venture announced this week...
*Kinder Morgan to buy 15 terminals in $350 mln deal. *Kinder Morgan to own 75 pct stake in JV. Oct 20- BP Plc will sell 15 fuel storage terminals in the United States to pipeline company Kinder Morgan Inc in a $350 million deal, as it sheds assets to pay for liabilities arising from its 2010 Gulf of Mexico oil spill.
Oct 20- BP Plc will sell 15 terminals in the United States to pipeline company Kinder Morgan Inc in a $350 million deal, as it sheds assets to pay for liabilities arising from its 2010 Gulf of Mexico oil spill. Kinder Morgan said on Tuesday it would hold 14 terminals under a joint venture with BP and have sole ownership of one terminal. Earlier this year, Kinder Morgan...
Oct 20- Pipeline company Kinder Morgan Inc said it would buy 15 refined products terminals in the United States from a unit of BP Plc in a deal valued at about $350 million. Kinder Morgan said on Tuesday that it would hold 14 of the acquired assets under a joint venture with BP. Kinder Morgan, which will own 75 percent of the joint venture, will be the sole owner of one of...
European stocks closed higher on Friday as investors digested a raft of corporate earnings and shook off concerns over China's economic slowdown.
Bob Dudley has said that low oil prices are not all bad for the energy industry, as subsidies have been cut from petrol products around the world, which has resulted in fairer pricing.
With 2015 being a crucial year for talks on climate change, can Europe’s oil and gas companies lead the way? The CEOs of Total and BP discuss.
Total’s CEO, Patrick Pouyanne, discusses the future of energy and why technology is essential for the production of all types of energy in the coming years.
10 of the top oil and gas companies are collaborating on an initiative to crack down on climate change. BP’s CEO Bob Dudley explains.
BP’s CEO Bob Dudley explains how low oil prices aren't all bad for the energy industry, as subsidies have been cut from petrol products around the world.
LONDON, Oct 16- BP Plc and China's CNPC will next week unveil a strategic alliance to develop oil resources in Iraq and other regions, industry sources said on Friday. The deal, one of several high profile deals to be signed during a visit by Chinese President Xi Jinping to London, will aim to bolster cooperation between the two companies in Iraq, where they are...
CALGARY, Oct 13- Canada's Conservative government rejected advice from its bureaucrats warning it was "inappropriate" to use a sole-source contract to hire a consultant to review the country's Arctic drilling legislation, according to a memo obtained by Reuters. The memo, released under Canada's Access to Information Act, was prepared for Aboriginal Affairs...
Jim Cramer quickly gives his take on various caller favorite stocks, including this popular oil patch play.
Castrol, a division of BP, says it found an easy way to change the oil in a vehicle in as little as 90 seconds, USA Today reports.
The market could rally on earnings, John Carey said. However, Dave Ellison sees three big challenges for the market and corporations.
Oil industry leaders have dismissed talk of the price of crude hitting the $20 lows predicted by analysts.
*Brazil offering 226 exploration areas on Wednesday. Brazil content, concession rules criticized by industry. RIO DE JANEIRO, Oct 6- Low oil prices and a massive corruption scandal are expected to dampen interest on Wednesday in Brazil's first auction of oil and natural gas exploration and production rights in nearly two years.
WASHINGTON, Oct 5- BP Plc will pay more than $20 billion in fines to resolve nearly all claims from its deadly Gulf of Mexico oil spill five years ago, marking the largest corporate settlement of its kind in U.S. history, Attorney General Loretta Lynch said on Monday. BP's shares rose nearly 3 percent in New York to $33.45 each. The core of the agreement includes $7.1...