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
LONDON (Alliance News) - Fastnet Oil & Gas PLC Wednesday said it has been granted government approval to enter the first extension period of the Foum Assaka petroleum agreement, offshore Morocco. The exploration and production company, with activities in Africa and the Celtic Sea, said the Read More
LONDON (Alliance News) - BP PLC said Monday that a group of executives, including Chief Financial Officer Brian Gilvary, bought shares through the companies BP ShareMatch UK plan at a price of 481.7 pence each. Chief Executive of BP's Refining and Marketing business Iain Conn and Gilvary bo Read More