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Share Price Information for BP (BP.)

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Share Price: 475.20
Bid: 475.40
Ask: 475.55
Change: 2.40 (0.51%)
Spread: 0.15 (0.032%)
Open: 476.30
High: 479.50
Low: 474.30
Prev. Close: 472.80
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Deep sea recovery from U.S. Gulf spill could take decades -study

Tue, 24th Sep 2013 21:09

WASHINGTON, Sept 24 (Reuters) - The muddy deep-sea ecosystemaround the massive 2010 Gulf of Mexico oil spill could takedecades to recover from the effects of the disaster, researchersreported on Tuesday.

The oil spill from BP Plc's Macondo well had its mostsevere impact on the ecosystem in an area about nine squaremiles (24 square km) around the wellhead, the report in theonline scientific journal PLoS One said.

Moderate effects were seen at 57 square miles (148 squarekm). The sea bottom's rich biodiversity was greatly reduced bythe oil plume, which was up to 200 yards (183 meters) thick and1.2 miles (1.9 km) wide, it said.

"Given deep-sea conditions, it is possible that recovery ofdeep-sea soft-bottom habitat and the associated communities inthe vicinity of the DWH blowout will take decades or longer,"the report concluded.

The April 20, 2010 disaster aboard the Deepwater Horizondrilling rig killed 11 workers and ruptured the Macondo well,triggering the worst offshore oil spill in U.S. history.

The research was carried out for the National Oceanic andAtmospheric Administration. Paul Montagna, an ecosystemsprofessor at Texas A&M University, said on NOAA's website thatnormally pollution was found within 300 to 600 yards (meters) ofan offshore well.

In the Macondo case, it was found nearly two miles (3.2 km)from the well, he said.

Jeff Baguley, an expert on tiny marine and freshwaterinvertebrates from the University of Nevada, said on the NOAAwebsite that the samples showed that the dominant group inaffected areas had become nematode worms.

The research team included members from University ofNevada-Reno, Texas A&M, NOAA's National Centers for CoastalOcean Science and representatives from BP.

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18 Dec 2023 18:18

Red Sea attacks force rerouting of vessels, disrupting supply chains

Houthis launched series of attacks, latest on Monday

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18 Dec 2023 17:40

Europe Gasoline/Naphtha-Margins slip as Red Sea attacks push oil higher

LONDON, Dec 18 (Reuters) - Northwest European gasoline refining slipped by about $1 to $8.6 a barrel as underlying crude prices rose 3% on mounting attacks on ships in the Red Sea.

Trades   Bids     Offers   Prev.    Sellers  Buyers
(vol.) Trades
Ebob $727.50
Barges
MOC
Platts E5
(fob ARA)
<EUROBOB-
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Ebob $728
Barges
E10
Platts(fo
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Ebob $735.50 Varo, Trafigu
Barges (4KT) Glencor ra
Argus e
E5(fob
AR)
Ebob $727 Shell, Varo,
Barges 11KT Exxon Totsa
E10 Argus
(fob AR)
Jan. swap $741.25 $725.25
fob ARA
Premium
Unleaded
(fob ARA)
<PU-10PP-
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Cargoes
(fob MED)
Cargoes
(cif NWE)
Naphtha Jan
(cif NWE) +$14
<NAF-C-NW
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Ebob crack (per barrel) $8.6 Prev. $9.7
Brent futures
Rbob
Rbob crack <RBc1-CLc1>
(Reporting by Ahmad Ghaddar; Editing by Mark Porter)

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18 Dec 2023 16:55

LONDON MARKET CLOSE: FTSE 100 outperforms European peers

(Alliance News) - Stock prices in London closed higher on Monday, after investors shrugged off hawkish comments from US Federal Reserve officials amid festive cheer.

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18 Dec 2023 12:52

Red Sea attacks force rerouting of vessels, disrupting supply chains

DUBAI, Dec 18 (Reuters) - Mounting attacks by the Iran-aligned Yemeni Houthi militant group on ships in the Red Sea are disrupting maritime trade as leading global freight firms reroute around the Cape of Good Hope to avoid the Suez canal.

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18 Dec 2023 11:50

BP becomes latest to pause Red Sea shipments as attacks continue

(Sharecast News) - BP has announced that it is halting all oil shipments through the Red Sea, becoming the latest company to pause regional routes after a series of targeted attacks by Yemen's Houthi rebels.

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14 Dec 2023 07:43

LONDON BRIEFING: Eyes on BoE and ECB; US Fed signals 2024 rate cuts

(Alliance News) - Stocks are called to open higher on Thursday, after the US Federal Reserve chose not to surprise markets with its latest interest rate decision.

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13 Dec 2023 23:16

Newcomer Elysian, Petrobras notch big wins in Brazil oil auction

RIO DE JANEIRO, Dec 13 (Reuters) - Oil companies including Elysian along with veterans Petrobras and Chevron snapped up the most blocks up for grabs in Brazil's latest offshore oil auction marked by climate protests, as the South American nation looks to replenish reserves with new discoveries.

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13 Dec 2023 19:00

BP Energy wins oil auction for Brazil's Tupinamba block

RIO DE JANEIRO, Dec 13 (Reuters) - BP Energy on Wednesday won the auction for oil and gas production rights of the offshore block of Tupinamba in Brazil's Santos Basin.

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13 Dec 2023 17:04

TOP NEWS: Ex-BP boss Looney to forfeit GBP32 million after misconduct

(Alliance News) - BP PLC on Wednesday said former Chief Executive Bernard Looney has been dismissed without notice after concluding he had "knowingly misled the board".

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13 Dec 2023 11:00

EV charger station firms battle for prime locations in Europe, US

LONDON/DETROIT, Dec 13 (Reuters) -

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13 Dec 2023 09:15

LONDON BROKER RATINGS: Exane BNP cuts Shell; JPMorgan cuts WPP

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13 Dec 2023 08:56

LONDON MARKET OPEN: Stocks in green as all eyes on US Fed

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13 Dec 2023 06:00

EV charger station firms battle for prime locations in Europe, US

LONDON/DETROIT, Dec 13 (Reuters) -

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12 Dec 2023 22:37

Shell to boost production at Perdido's oil project in US Gulf of Mexico

Dec 12 (Reuters) - Shell PLC on Tuesday said it has made a final investment decision (FID) to boost production at the Perdido oil project in the U.S. Gulf of Mexico, starting in April 2025.

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