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BP. Bp Plc

531.00
7.90 (1.51%)
Last Updated: 11:10:54
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Bp Plc LSE:BP. London Ordinary Share GB0007980591 $0.25
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  7.90 1.51% 531.00 530.90 531.00 531.40 528.20 529.20 5,113,847 11:10:54
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Petroleum Refining 211.6B 15.24B 0.8934 5.93 90.42B

Woodside Slows Progress on Browse LNG Development

15/12/2014 10:25pm

Dow Jones News


Bp (LSE:BP.)
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   By Ross Kelly 
 

SYDNEY--Woodside Petroleum Ltd. (WPL.AU) said Tuesday it's delayed making a decision on whether to proceed with the Browse gas-export joint venture.

Woodside and partners including Royal Dutch Shell PLC (RDSA.LN) and BP PLC (BP.LN) will now target a final investment decision in mid-2016, back from previous guidance of the second half of 2015, Woodside said.

Analysts estimate the floating liquefied natural gas project could cost around US$40 billion to build.

LNG is typically sold in contracts linked to the oil price, which has tumbled in recent months due to a global supply glut.

Write to Ross Kelly at ross.kelly@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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