BP’s overall output plunged as the company shed crude and gas assets, and trimmed upstream investment. Its market capitalization is still almost 40% below where it was in early 2019. The company now ...
Turkey’s TPAO and BP have signed a major oil and gas cooperation deal focused on Iraq’s Kirkuk fields. The move marks a bold Turkish expansion into one of Iraq’s most politically sensitive regions.
Energy majors Shell plc and BP plc have been cleared to operate in Venezuela under newly issued licences from the United States Department of the Treasury, paving the way for ...
BP's decision to scrap buybacks may be painful in the short run, but by prioritising production growth over shareholder ...
There’s a surprising amount of good news when it comes to the transition to cleaner forms of energy. Renewables such as wind and solar are now the world’s largest source of power. Carbon emissions ...
BP p.l.c. (NYSE: BP) stock fell on Tuesday after the energy major froze stock buybacks to prioritize debt reduction, signaling a sharper balance-sheet reset even as quarterly earnings narrowly beat ...
Opinion
18dOpinion
BP share price falls as buybacks are suspended — but is the market focusing on the wrong story?
After another disappointing set of results, Andrew Mackie examines the prospects for the BP share price, its strategy reset, and the future of oil demand. The post BP share price falls as buybacks are ...
BP BP-3.66%decrease; red down pointing triangle suspended its quarterly share buyback in a bid to strengthen its balance sheet as oil prices weaken. The last time the British energy major didn’t ...
BP on Tuesday said the board decided to suspend the share buyback and fully allocate excess cash "to accelerate strengthening" of its balance sheet. The British energy major posted fourth-quarter ...
The British energy giant said it would put money toward new oil and gas opportunities ahead of the arrival of its new chief executive, Meg O’Neill. By Stanley Reed Reporting from London BP, the ...
LONDON, Feb 10 (Reuters) - BP (BP.L), opens new tab suspended its share buybacks and took about $4 billion in charges on its renewables and biogas assets on Tuesday, sending its shares down 7% in ...
Bloom Energy (NYSE: BE) has been advancing for months due to its exposure to data center and industrial power needs. While not completely green, its easily deployable, ready-to-scale, chemically based ...
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