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Valero Texas City 245.0 1 of 3 crude units was re- Jan 28 TX started Jan 28; a fire on Dec 24 shut the crude unit and a coker unit. The coker unit was restarted on Dec. 31. Valero Corpus Christi 315.0 West Plant's Amine Unit No. 43 TX had "process issues"... Full Article at FOX Business
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BP Chief Executive Tony Hayward listens during a news conference in London February 2, 2010. British oil major BP reported a lower than forecast 33 percent rise in fourth-quarter replacement cost profit as refining margins were squeezed and warned that an... View Photo »
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The market has got used to BP beating consensus by some margin - we forecast that this time they would come in below, but not by this much.
SOURCE: Channel News Asia -
(Adds 2009 debt issuance in fourth paragraph.) Feb. 5 (Bloomberg) -- BP Plc is likely to look at oil and gas fields when considering acquisitions rather than rival companies, Chief Financial Officer Byron Grote said. “If you look at the asset acquisitions... Full Article at Business Week
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Plc is likely to look at oil and gas fields when considering acquisitions rather than rival companies, Chief Financial Officer Byron Grote said. “If you look at the asset acquisitions that we've made in recent times they've tended to reinforce gaps that we... Full Article at Houston Chronicle
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“We have the balance sheet capability to make inorganic moves if we see fit.” BP is already the biggest oil and gas producer in the U.S. Chief Executive Officer Tony Hayward said last month the company would like to acquire more assets in Brazil, while... Full Article at Business Week
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A British Petroleum petrol station sign is seen behind a rain covered car window in Loughborough, central England, February 2, 2010. Oil major BP reported a lower than forecast 33 percent rise in fourth-quarter replacement cost profit as refining margins... View Photo »
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Following powerful sets of results in the past few quarters, these were a disappointing set of results from BP this time round
SOURCE: Channel News Asia -
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Netherlands - Royal Dutch Shell PLC, which rivals BP PLC as Europe's largest oil company, reported disappointing fourth quarter earnings Thursday due to a weak refining business, and said it will freeze its dividend in 2010 and cut 1,000 more jobs. Net profit... Full Article at Canadian Business Online
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AP AMSTERDAM Royal Dutch Shell PLC, which rivals BP PLC as Europe's largest oil company, on Thursday reported disappointing fourth quarter earnings due to a weak refining business, and said it will freeze its dividend in 2010 and cut 1,000 more jobs. Net... Full Article at Democratic Underground
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BP Chief Executive Tony Hayward listens during a news conference in London February 2, 2010. British oil major BP reported a lower than forecast 33 percent rise in fourth-quarter replacement cost profit as refining margins were squeezed and warned that an operational turnaround could slow...
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AP Photo
Tony Hayward, group chief executive of BP gestures during a session entitled 'global energy outlook' at the World Economic Forum in Davos, Switzerland, Thursday, Jan. 28, 2010. The World Economic Forum is turning toward earthquake-ravaged Haiti and steering Africa to prosperity as more world...
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Reuters Pictures
Tony Hayward, Group CEO of BP attends a session at the World Economic Forum (WEF) in Davos January 28, 2010.
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Reuters Pictures
Khalid Al Fali (L), President and CEO of Saudi Aramco and Tony Hayward, Group CEO of BP attend a session at the World Economic Forum (WEF) in Davos January 28, 2010.
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Reuters Pictures
A British Petroleum petrol station sign is seen behind a rain covered car window in Loughborough, central England, February 2, 2010. Oil major BP reported a lower than forecast 33 percent rise in fourth-quarter replacement cost profit as refining margins were squeezed and warned that an operational...
View Photo » -
Reuters Pictures
An aircraft flies over a British Petroleum petrol station at Heathrow in London February 2, 2010. Oil major BP reported a lower than forecast 33 percent rise in fourth-quarter replacement cost profit as refining margins were squeezed and warned that an operational turnaround could slow this...
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KINGSCLIFF, AUSTRALIA - SEPTEMBER 05: The BP Abu Dhabi Ford Focus n° 4 of Jari Matti Latvala in the final service park during day two of the WRC Repco Rally of Australia on September 5 in Kingscliff, Australia.
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AP Photo
Map locates BP's large oil discovery in the Gulf of Mexico.
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LONDON, ENGLAND - SEPTEMBER 01: A climate change protester holds an anti-BP banner in front of Shell petroleum's headquarters on September 1, 2009 in London, England. Climate campaigners have also been staging a week long protest camp in Blackheath south London.
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SYDNEY, AUSTRALIA - AUGUST 31: Mikko Hirvonen of Finland and the BP Ford Abu Dhabi World Rally team speaks to the media during a Rally Australia press conference at The Rocks on August 31, 2009 in Sydney, Australia.
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Getty Images
SYDNEY, AUSTRALIA - AUGUST 31: Sheikh Khalid Al Qassimi of the UAE and the BP Ford Abu Dhabi World Rally team speaks to the media during a Rally Australia press conference at The Rocks on August 31, 2009 in Sydney, Australia.
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Getty Images
SYDNEY, AUSTRALIA - AUGUST 31: (L-R) Mikko Hirvonen of Finland and the BP Ford Abu Dhabi World Rally team and Sebastien Loeb of Spain and the Citroen Total World Rally team speak to the media during a Rally Australia press conference at The Rocks on August 31, 2009 in Sydney, Australia.
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SYDNEY, AUSTRALIA - AUGUST 30: Driver Mikko Hirvonen of BP Ford Abu Dhabi World Rally Team strikes a volleyball during a Drivers vs Co-Drivers Volleyball game at Bondi Beach on August 30, 2009 in Sydney, Australia.
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LEXINGTON, OH - AUGUST 07: Chris Dyson drives the # 16 Dyson Racing BP Mazda during practice for the American Le Mans Series Acura Sports Car Challenge, at the Mid-Ohio Sports Car Course, August 7, 2009 in Lexington, Ohio.
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JYVASKYLA, FINLAND - AUGUST 02: The BP Ford World Rally Team Mate Malcolm Wilson congratulates Mikko Hirvonen on for the victory of the WRC Neste Oil Rally of Finland on August 02 , 2009 in Jyvaskyla, Finland.
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JYVASKYLA, FINLAND - AUGUST 02: All the BP Abu Dhabi Ford World Rally Team celebrates the first position of Mikko Hirvonen of Finland and Jarmo Lehtinen of Finland in the WRC Neste Oil Rally of Finland on August 02 , 2009 in Jyvaskyla, Finland.
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Reuters Pictures
A BP logo is seen at a petrol station in central London July 28, 2009. Oil giant BP Plc said it had increased its cost reduction targets for 2009 by 50 percent to $3 billion, as it reported a halving in second quarter profits due to lower oil prices and weaker refining margins.
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WASHINGTON - JULY 08: BP Capital Management Chairman T. Boone Pickens (R) speaks as U.S. Sen. Orrin Hatch (R-UT) (L) listens during a news conference on Capitol Hill July 8, 2009 in Washington, DC. The news conference was to introduce the "New Alternative Transportation to Give Americans...
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Getty Images
British energy giant BP's new Swedish CEO Carl-Henric Svanberg poses for photographs outside BP's headquarters in central London, on June 25, 2009. British energy giant BP on Thursday named Carl-Henric Svanberg, current chief executive of Swedish telecoms giant Ericsson, as the group's new...
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Reuters Pictures
The new chairman of BP Plc Carl-Henric Svanberg (L), the outgoing chairman Peter Sutherland (C) and the Chief Executive Officer Tony Hayward arrive for a photocall outside their headquarters in London June 25, 2009. Svanberg was the CEO at Ericsson before taking the job.
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AP Photo
BP's newly appointed Swedish chairman Carl-Henric Svanberg, poses for photographs, in London, Thursday June 25, 2009. BP's two-year hunt to fill one of Britain's most prestigious corporate jobs ended today with the appointment of Carl-Henric Svanberg as chairman. Svanberg, who is currently...
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AP Photo
BP's newly appointed Swedish chairman Carl-Henric Svanberg, center, poses for photographs with their current chairman Peter Sutherland, left, and CEO Tony Hayward in London, Thursday June 25, 2009. BP's two-year hunt to fill one of Britain's most prestigious corporate jobs ended today with...
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Reuters Pictures
The new chairman of BP Plc Carl-Henric Svanberg poses for photographers outside their headquarters in London June 25, 2009. Svanberg was the Chief Executive at Ericsson before taking the job.
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Getty Images
British energy giant BP 's new chairman Carl-Henric Svanberg speaks on June 25, 2009 during a press conference in Stockholm. BP today announced that it has appointed Carl-Henric Svanberg, currently chief executive officer of the Swedish telecommunications company, Ericsson, to replace Peter...
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AP Photo
Gasoline prices are on display at a BP station in New York, Wednesday, June 17, 2009. Retail gas prices climbed for the 50th straight day Wednesday, the longest streak in records dating to 1996, even as benchmark crude fell for the fourth day in a row.
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AP Photo
Tony Hayward, group chief executive of BP gestures during a session entitled 'global energy outlook' at the World Economic Forum in Davos, Switzerland, Thursday, Jan. 28, 2010. The World Economic Forum is turning toward earthquake-ravaged Haiti and steering Africa to prosperity as more world...
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The market has got used to BP beating consensus by some margin - we forecast that this time they would come in below, but not by this much.
SOURCE: Channel News Asia -
Following powerful sets of results in the past few quarters, these were a disappointing set of results from BP this time round
SOURCE: Channel News Asia -
This would be more tax efficient for some shareholders and give BP more financial flexibility
SOURCE: livemint.com -
BP outperformed forecasts by about 50% in the third quarter, and the market’s disappointment reflected high expectations, as the results were comparatively strong
SOURCE: livemint.com -
the stacked records show that the 'Holocene Thermal Maximum' in the region dates to 8000 to 4800 cal yr BP and that the '8.2 event' and the 'Little Ice Age' at 500-100 cal yr BP are the clearest cold episodes during the Holocene
SOURCE: CO2 Science -
the stacked records show that the 'Holocene Thermal Maximum' in the region dates to 8000 to 4800 cal yr BP and that the '8.2 event' and the 'Little Ice Age' at 500-100 cal yr BP are the clearest cold episodes during the Holocene
SOURCE: CO2 Science -
Any upside in the FTSE this morning has been capped by weakness in the price of BP
SOURCE: Economic Times -
primarily due to a weaker margin environment for shipping and our BP solar business and adverse foreign exchange effects.
SOURCE: Irish Independent -
Our operational performance in the fourth quarter and through 2009 was very strong ... Refining margins in the fourth quarter were the lowest for 15 years and, to date, BP is the only company that’s made any money in the downstream business in the fourth quarter at all.
– Tony Hayward SOURCE: Irish Independent -
Despite high expectations, tough comparatives and a difficultmarket, BP continues to deliver
SOURCE: Manchester Evening News -
BP’s actual refining margin declined even more than the indicator margin during this period
SOURCE: Business Week -
We have offered and continue to offer equity participation to BP and ConocoPhillips, you've heard me say in the summer of 2008 that any party that commits a significant volume of gas in that initial open season will have the opportunity to be an equity player with us in the project if they so choose
– Tony Palmer SOURCE: KTUU -
BP is the exception in having higher profitability
SOURCE: The Telegraph -
2009 has been one of the best years for BP and its shareholders since the merger with Amoco [in 1998]. But we are not resting on our laurels. There's a lot more to be done
SOURCE: Guardian Unlimited -
But that's how it goes. They are hopefuls, they have been selected for BP XI and we can't complain. The players we have here have all scored runs and taken wickets in Ranji Trophy and that's how they made it here so it's an opportunity for them
SOURCE: Times of India -
He is an advisor to JPMorgan Chase, who have been chosen to operate the Trade Bank of Iraq, which will give banks access to the financial system of Iraq. He was a special adviser to BP, which currently has major interests in Iraq.
SOURCE: Global Research -
Apparently this question has been raised many times due to all of the issues with the Appalachian Power rate (increase) ... There is some confusion out there that this proposal by BP and Dominion is going to help people with their electric bill. That’s not true. All of the energy produced will go back i...
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As a member of the BP Jobber Board, we want a disciplined pricing process that can provide better business intelligence and price optimization ... In addition, each of our sites has unique characteristics, so we needed a solution that could not only provide general pricing support across our enterprise,...
SOURCE: Freshnews.com -
If your blood pressure (BP) is 136/88 and you're a man with a waist over 40 (inches) or a woman with a waist over 35 (inches), it spells trouble
SOURCE: Hindustan Times -
We are very pleased with the success we've had over the 18-month Galaxy collaboration and are enthusiastic about expanding this technology development partnership with BP. We continue to focus on our vision for evolving cellulosic ethanol as a viable solution to complement our energy needs
SOURCE: Street Insider -
He will be successful in simplifying Shell and the company has a higher cost-cutting potential than BP with a lot of overhead costs
SOURCE: Business Week -
Our revised forecast for the group is a third less than our forecast for BP, reflecting Shell’s higher exposure to difficult conditions downstream and the less advanced state of its cost reduction programme.
SOURCE: BreakingNews.ie -
The Justice Secretary took two calls in late 2007 from former MI6 agent Sir Mark Allan, who was then working for BP.
SOURCE: The Scotsman -
On balance, earnings won't look great when they're announced but we see more scope for positive surprises at BP and less dividend risk.
SOURCE: The Telegraph -
Shell began restructuring last year, so is lagging BP, and furthermore its massive capex expenditure in recent years does not see new volumes start to kick in until 2011-2012
SOURCE: The Telegraph
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