LONDON (Alliance News) - The US government on Thursday decided to lift the ban on British oil giant BP PLC from federal government contracts, four years after the Deepwater Horizon rig explosion in April 2010. The decision will enable BP to bid for new contracts that could generate million of do Read More
LONDON (Alliance News) - BP PLC Wednesday said non-executive director Ian Davis bought 10,000 shares at GBP4.88121 each Tuesday. BP shares closed at 482.60 pence down 0.3% Wednesday. By Arvind Bhunjun; [email protected]; @ArvindBhunjun Copyright © 2014 Alliance News Read More
LONDON (Alliance News) - BP PLC Monday said that the following executive directors and directors within the company, all acquired shares at a price of GBO4.8005 per share, through participation in the company's ShareMatch UK Plan. Executive Director Iain Conn and Chief Financial Officer Bri Read More
LONDON (Alliance News) - Online fashion retailer <strong>Boohoo.com</strong>, the latest UK retailer to firm up its initial public offering, has said it plans to raise GBP300 million in the AIM listing, giving it a higher-then-expected initial market capitalisation of GBP560 million.<br /><br Read More
LONDON (Alliance News) - BP PLC Chief Executive Bob Dudley in 2013 was paid more than triple the amount he was paid in 2012, despite continuing legal threats over the Deepwater Horizon oil spill. The major oil and gas company said in its remuneration report that Dudley was paid USD8.7 milli Read More
LONDON (Alliance News) - <strong>Standard Chartered</strong> Wednesday reported its first annual decline in pretax profit after a decade of growth, as it was hit by emerging market fears and a writedown in its Korean business.<br /><br />The FTSE 100-listed bank warned that it is facing more c Read More
LONDON (Alliance News) - Shares have opened mostly lower Wednesday with small-caps out-performing large caps, following Tuesday's relief rally from lowered Ukraine tensions.<br /><br /><strong>Standard Chartered</strong> has reported lower 2013 profit and a 15% reduction in its bonus pool, whi Read More
LONDON (Alliance News) - Oil giant BP PLC Tuesday said it plans to establish a separate business to manage its onshore oil and gas assets in the US Lower 48. The new business will operate separately from the rest of BP and will be designed to adapt to the changing and competitive energy lan Read More
LONDON (Alliance News) - The following is a summary of top news stories Tuesday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>BP</strong> PLC said it disagreed with the decision by a US court of appeals, which denied the company's request for a permanent injunct Read More
LONDON (Alliance News) - BP PLC Tuesday said it disagreed with the decision by the US court of appeals, which denied the company's request for a permanent injunction preventing certain payments in compensation for the Deep Sea Horizon oil spill. The major oil and gas company said it continu Read More
LONDON (Alliance News) - BP PLC has failed in its efforts to stop certain payments relating to the Deepwater Horizon oil spill, according to Bloomberg on Tuesday. The major oil and gas company was told by a federal appeals court that it must abide by terms of a USD9.2 billion settlement wit Read More
LONDON (Alliance News) - BP PLC Monday said its executive vice president for safety and operational risk Bob Fryar exercised his option to acquire 1,750 American Depositary Shares at USD48.53 per share, as part of the BP share option plan on February 20. The major oil and gas company said F Read More
LONDON (Alliance News) - Independent Oil & Gas PLC Monday said it has entered into a gas sales agreement with BP Gas Marketing Ltd, a subsidiary of BP PLC, for its 50% share of the gas produced from the forthcoming Blythe gas field development in the Southern North Sea. The firm said Blythe Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Monday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />BERENBERG RAISES BT GROUP PRICE TARGET TO 460 (411) PENCE - 'BUY' <br />----------<br />UBS CUTS BAE SYSTEMS PRICE TARGET TO 460 Read More
LONDON (Alliance News) - Petrofac Ltd Thursday said it has been awarded a contract by BP, worth roughly USD1.2 billion for work at the central processing facility for the Khazzan gas project in Oman. The major oil and gas engineering company said the contract is for engineering, procurement Read More
LONDON (Alliance News) - BP PLC Executive Vice President for Corporate Business Activities Katrina Landis has sold 7,000 ADSs, according to the company. She sold the ADSs after exercising an option to acquire 7,000 ADSs under the BP Share Option Plan at USD48.53 per ADS on February 18. < Read More
LONDON (Alliance News) - <strong>Lloyds Banking Group</strong> has appointed Will Samuel, a former Citi investment banker and adviser to one of the UK financial services regulators, as Chairman of TSB Bank, the bank it split out as a separate entity last year and is expected to list this year. Read More
LONDON (Alliance News) - The following is a summary of top news stories Friday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>Lloyds Banking</strong> Group PLC appointed Will Samuel, a former Citi investment banker and adviser to one of the UK financial services Read More
LONDON (Alliance News) - Shares have opened mixed in London Friday, with blue-chips lagging mid- and small-caps despite <strong>Anglo American</strong> and <strong>Coca Cola HBC</strong> both reporting swings to profit in 2013. Anglo American is up 1.7% at the open, while Coca Cola HBC is down Read More
LONDON (Alliance News) - A US appeals court on Thursday allowed certain shareholders to proceed with some securities claims against BP PLC, following statements made during a 2006 oil spill in Alaska, according to Reuters Friday. The ruling from the 9th US Circuit Court of Appeals in San Fr Read More