ADVFN - Advanced Financial Network.
HOME» LSE » B » BP. Share Price » BP. Share News

Bp Share News

 Bp Share Price
BP. Share Price
 Bp Share Chart
BP. Share Chart
 Bp Share News
BP. Share News
 Bp Company Information
BP. Company Information
 Bp Share Trades
BP. Share Trades
 Bp Share Message Board
BP. Share Message Board

Total Warns Output Will Be Dented By North Sea, Nigerian Leaks

By Geraldine Amiel Of DOW JONES NEWSWIRES PARIS -(Dow Jones)- Total SA (TOT, FP.FR) Friday warned that production in the second quarter will be impacted by leaks at its North Sea and Nigerian operations as well as planned maintenance as it reported a slight drop in earnings in the first quarter. The group posted a 1% drop in adjusted net profit for the first quarter, due to the disposals of assets, the loss of Syrian output and due to the deterioration of the refining and chemicals performance. Adjusted net income, an earnings benchmark that strips out non-performance-related inputs that is closely watched by investors, was down at EUR3.07 billion, from EUR3.1 billion a year earlier. The figure was fully in line with expectations as analysts polled by Dow Jones Newswires had expected EUR3.07 billion. Net profit for the period was down 7% at EUR3.66 billion compared with EUR3.95 billion a year earlier. Output in the first quarter was marginally up at 2,372 million barrels of oil equivalent per day, from 2,371 mboe/d a year earlier and missed analysts' expectations of 2.378 mboe/d. The group didn't provide any outlook for the rest of the year nor did it give any specific figure of the total cost so far of the Elgin platform gas leak in the North Sea. - By Geraldine Amiel, Dow Jones Newswires; +33 1 40171767; Order free Annual Report for Total SA Visit or call +44 (0)208 391 6028 Order free Annual Report for BP plc Visit or call +44 (0)208 391 6028 Order free Annual Report for Total SA Visit or call +44 (0)208 391 6028

Share News for Bp (BP.)
26/06/201521:40:27Exxon Mobil, BP Suspend Canadian Arctic Exploratory Drilling...
26/06/201521:27:07Exxon Mobil, BP Suspend Canadian Arctic Exploratory Drilling...
26/06/201516:29:39BP PLC Director/PDMR Shareholding
26/06/201511:02:11BP PLC Director Declaration
25/06/201520:59:05Pemex in Talks With Union Over Pension, Labor Reforms
23/06/201515:34:03BP PLC Director/PDMR Shareholding
20/06/201500:11:45Russia Deals To East And West
19/06/201516:59:12BP PLC Director/PDMR Shareholding
19/06/201512:47:27BP, Rosneft Sign Production, Exploration, Refining Pacts -- Update
19/06/201510:15:55BP, Rosneft Sign Production, Exploration, Refining Pacts
19/06/201507:00:12BP PLC 1Q2015 interim dividend allotments for scrip
10/06/201514:59:34BP PLC Director/PDMR Shareholding
10/06/201512:38:52BP CEO: Oil Industry Must Live With Lower Crude Prices
08/06/201510:41:24BP PLC 1Q Payment of Dividends in Sterling
05/06/201521:00:24Ex-BP Executive Found Not Guilty of Lying in Oil Spill
03/06/201510:29:18BP CEO Sees Need to Improve Relationships
02/06/201516:53:09Oil Industry Takes Aim at Coal, Pushes Gas Ahead of Climate-Change...
29/05/201515:48:46BP PLC Total Voting Rights
28/05/201508:50:39Chevron Sells Stake in New Zealand Refinery
21/05/201500:47:44Woodside Bullish on Browse LNG, Despite Oil-Price Slump

Bp Plc and other London Stock Exchange share prices are delayed by at least 20 minutes.
All other share price data is delayed by at least 15 minutes unless otherwise stated. By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations