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Mon, 16th Dec 2013 15:39
DUBAI, Dec 16 (Reuters) - BP is producing around 1.45million barrels per day (bpd) of oil from the Rumaila field inIraq, the chief executive of the British oil major said onMonday.
Rumaila pumps more than a third of Iraq's total output ofover 3 million bpd, but production was reduced in early Novemberas bad weather limited exports.
"Production today in Rumaila is about 1.45 million barrelsper day," Bob Dudley said on the sidelines of a news conferencein Muscat.
(Alliance News) - Global markets got off to a muted start to the week, with tensions in the Middle East, and some trepidation ahead of US corporate earnings keeping a lid on equities.
Read more(Alliance News) - Stock prices in London made little headway at Monday's market open, as the prospect of escalation in the Middle East prompted investors to be cautious.
Read more(Alliance News) - Stocks closed lower on Friday in London as investors looked increasingly risk averse amid an expectation that interest rates will stay higher for longer and clashes continue in the Middle East.
Read more(Alliance News) - Stocks in London ended in the red on Friday as escalating tensions in the Middle East and the prospect of interest rates staying higher for longer put investors in a firmly risk-off mood.
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(Sharecast News) - London stocks ended on a downbeat note on Friday after a hotter-than-expected US inflation print overnight, and escalating oil and gas prices fuelled anxiety across the board.
Read more(Alliance News) - Stock prices in London opened mixed on Friday, as investors continued to digest a stubborn US inflation print and the latest series of economic data from China.
Read more(Alliance News) - Stock prices in Europe closed mixed on Thursday, ending off session highs as equities in New York came under pressure following a more robust than expected US inflation reading.
Read more(Sharecast News) - London markets ended with a mixed outcome on Thursday, as investors digested a fresh inflation reading out of the US, as well as a slight uptick in the UK economy.
Read more(Alliance News) - Stock prices in London were on the up heading into Thursday afternoon, as rising Crude prices supported oil majors, and developments in China lifted miners, while the pound gave back some progress against the dollar ahead of a key US inflation.
Read more(Sharecast News) - Barclays said on Tuesday that it expects a positive reaction to the ongoing BP capital markets day.
Read more(Sharecast News) - Barclays said on Tuesday that it expects a positive reaction to the ongoing BP capital markets day.
Read more(Alliance News) - Murray Auchincloss, the interim chief executive officer of BP PLC, on Tuesday said the oil major's "net zero ambition" is unchanged since he took over the helm.
Read more(Alliance News) - Oil majors and defence contractor BAE Systems helped shield the FTSE 100 from a deeper decline on Monday, as global equities struggled as events in Israel meant it was a risk-off start to the new week.
Read more(Sharecast News) - London's financial markets closed in the red on Monday, relinquishing earlier gains as geopolitical tensions emanating from the Israel-Gaza conflict hit global sentiment.
Read more(Alliance News) - The FTSE 100 was higher at midday on Monday as shocking events in the Middle East over the weekend pushed oil prices higher and, in turn, lifted the index's heavyweight oil majors.
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