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BP has no plans to honor the national oil bargaining agreement, union says
Reuters· 2026-02-06 22:31
Core Viewpoint - The union representing workers at BP's Whiting refinery claims that BP does not plan to adhere to the national oil bargaining agreement [1] Company Summary - BP's Whiting refinery is identified as the largest refinery in the Midwest [1]
Ahead of BP (BP) Q4 Earnings: Get Ready With Wall Street Estimates for Key Metrics
ZACKS· 2026-02-06 15:16
Wall Street analysts expect BP (BP) to post quarterly earnings of $0.57 per share in its upcoming report, which indicates a year-over-year increase of 29.6%. Revenues are expected to be $59.91 billion, up 24.6% from the year-ago quarter.The consensus EPS estimate for the quarter has been revised 3.1% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Before a company announces its ear ...
BP: Questions About The Profitability Of The New Focus
Seeking Alpha· 2026-02-06 12:27
I analyze oil and gas companies like BP and related companies in my service, Oil & Gas Value Research, where I look for undervalued names in the oil and gas space. I break down everything you need to know about these companies -- the balance sheet, competitive position, and development prospects. This article is an example of what I do. But for Oil & Gas Value Research members, they get it first, and they get analysis on some companies that is not published on the free site. Interested? Sign up here for a f ...
Shell Misses Q4 Profit Target; This Other UK Oil Giant Is In A Buy Zone
Investors· 2026-02-05 21:39
Shell Misses Q4 Profit Expectations And This Other UK Oil Play Is In Breakout Territory | Investor's Business DailyBREAKING: [Dow Jones Tops 50,000, But Nasdaq Below Key Level]---Shell (SHEL) reported mixed fourth-quarter results, with profit missing expectations, as its chemical business and oil trading weighed on results. Meanwhile, fellow U.K. oil play BP (BP) is in a buy zone with its own Q4 earnings due Tuesday. Shell early Thursday announced fourth-quarter earnings fell 5% to $1.14 per share with reve ...
Union asks workers at BP's Whiting, Indiana, oil refinery to prepare for strike or lockout
Reuters· 2026-02-05 20:25
United Steelworkers is asking workers at BP's 440,000-barrel-per-day refinery in Whiting, Indiana, to prepare for a strike or lockout, the union said on Thursday after weeks of negotiations with the B... ...
BP seeks partner for one of the oldest Iraqi oil fields, Bloomberg News reports
Reuters· 2026-02-05 17:08
BP is looking for a partner to help ramp up production and share some costs at one of the oldest Iraqi oil fields, Bloomberg News reported on Thursday, citing people with knowledge of the matter. ...
2026中国油气工程技术交流大会启幕在即
Huan Qiu Wang· 2026-02-05 05:29
来源:央视网 本次大会紧扣行业痛点,聚焦前沿趋势,以"打造油气工程技术利器,推动油气勘探开发高质量发展"为 核心主题,精心设置丰富多元的研讨内容。会议将聚焦物探、钻完井等核心工程技术的创新突破,重点 围绕智能化钻井、物探测录井、复杂压力控制、压裂改造等八大关键技术板块展开,并前瞻性探讨深水 油气、天然气水合物及数字化智能化等前沿领域,致力于贯通油气勘探开发全链条关键技术环节。 大会设置开幕式、特邀报告、技术论坛和成果展示四个环节。在开幕式和特邀报告环节,中国石油、中 国石化、中国海油、延长石油等油气集团将分享最新技术进展与发展战略,国内外院士及专家将以特邀 主旨报告深度解读油气行业发展趋势。技术论坛环节将分智能钻完井技术与装备论坛、物探与测录井技 术论坛、储层压裂改造与测试技术论坛、深水深层非常规油气钻完井工程技术论坛、井控安全与管理论 坛五大专题展开精准研讨,全方位覆盖油气工程关键技术领域。在成果展示环节,将以声光电结合的多 元形式,集中呈现"可借鉴、可复制、可推广、可商业化"的新技术新装备,助力科技成果转化,培育新 质生产力新动能。 本次大会由中国石油学会牵头,联合中石油、中石化、中海油、延长石油以及旗下 ...
$60 Oil Forces Europe’s Energy Giants to Rethink Buybacks
Yahoo Finance· 2026-02-03 23:00
The oil price decline over the past year has started to dent Big Oil’s earnings, which have slipped from the 2022 and 2023 highs. The persistently low oil prices at about $60 per barrel in the past months, compared to $100 in 2022 and $80 in 2023 and 2024, signal that part of the shareholder returns of the European oil majors may not be sustainable going forward. Europe’s top oil firms may start sacrificing some of their payouts by announcing in the coming weeks cuts to their share buybacks amid the low ...
BP Investors Demand Proof That Shift Back to Oil and Gas Will Boost Returns
WSJ· 2026-02-03 12:45
Core Viewpoint - The company is increasing its oil-and-gas investment to approximately $10 billion annually until 2027, which is a 20% increase from previous guidance, and anticipates returns exceeding 15% on these projects [1] Investment Strategy - The planned investment of $10 billion per year represents a significant commitment to the oil-and-gas sector, indicating a bullish outlook on future market conditions [1] - The expected return of greater than 15% on the projects suggests a focus on high-yield opportunities within the industry [1] Future Projections - The investment strategy extends through 2027, highlighting a long-term commitment to enhancing the company's position in the oil-and-gas market [1] - The 20% increase in investment guidance reflects a proactive approach to capitalize on potential growth and profitability in the sector [1]
BP (BP) Seeks Natural Gas Licenses in Venezuela, Trinidad and Tobago
Yahoo Finance· 2026-02-03 10:56
BP Plc (NYSE:BP) is one of the most undervalued stocks to buy and hold for 5 years. On January 28, Trinidad and Tobago energy minister Roodal Moonilal disclosed that BP Plc (NYSE:BP) and fellow oil giant Shell are seeking licenses from the U.S. Office of Foreign Assets Control to extract natural gas from fields in Trinidad and Tobago and Venezuela. The two companies aim to gain access to develop Loran-Manatee, a new field that contains about 10 trillion cubic feet (tcf) of natural gas. About 7.3 tcf is loca ...