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BP strikes black gold in largest oil find for 25 years as it pivots back towards fossil fuels
BP has revealed its biggest oil and gas field discovery in 25 years in a boost for the energy giant as it pivots back towards fossil fuels. It came as the FTSE 100 firm was due to unveil an update on ...
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BP Doubles Down On Oil Strategy After Q2 Profit Beat: Retail Says Stock ‘Hard To Ignore’
BP Plc (BP) stock was in the spotlight on Tuesday after CEO Murray Auchincloss highlighted the company’s strong performance in recent projects and announced a major discovery in Brazil. The renewed ...
BP pledged Tuesday to examine its portfolio and finances this year as the company works through a shift away from low-carbon energy projects and focuses further on oil and gas. In a second-quarter ...
BP Plc will embark on fresh reviews of its portfolio and costs as the oil major works to reverse years of underperformance, with Chief Executive Murray Auchincloss promising that the company “can and ...
BP reported second quarter underlying replacement cost profit of $2.35 billion, significantly exceeding analyst expectations of $1.81 billion compiled by LSEG. The strong performance represents a ...
LONDON (Reuters) -BP will launch a review of how best to develop and monetise its oil and gas production assets and consider more cost cuts to boost shareholder returns, the oil major said on Tuesday, ...
BP Plc’s profit exceeded expectations, with operational improvements and higher oil and gas production outweighing lower prices, as the company’s turnaround plan builds momentum. The British energy ...
BP Plc achieved a stronger oil-trading performance than its rivals during a volatile second quarter by sticking to shorter-duration trades. As President Donald Trump’s trade tariffs and a war in the ...
LONDON (Reuters) -Oil major BP reported a smaller than expected fall in third-quarter underlying profit on Tuesday as a strong performance at all divisions led by refining helped to offset the impact ...
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