In the latest market close, BP (BP) reached $26.59, with a +1.37% movement compared to the previous day. The stock lagged the S&P 500's daily gain of 1.81%. At the same time, the Dow added 1.56%, and the tech-heavy Nasdaq gained 2.06%.The oil and gas company's shares have seen a decrease of 18.97% over the last month, not keeping up with the Oils-Energy sector's loss of 10.8% and the S&P 500's loss of 6.14%.The upcoming earnings release of BP will be of great interest to investors. The company's upcoming EP ...

英国石油公司(BP)的部分股东将投票反对董事长连任。(新浪财经) ...

BP has signaled a broader shift in its low-carbon strategy, trimming spending in some areas as part of a strategic reset under CEO Murray Auchincloss. The company has now paused or shelved several SAF projects globally, including earlier plans for new sites in Germany, the United States and Australia. Although BP declined to comment specifically on the Castellon project, it reiterated its prior guidance that it may still approve one new biofuels plant before 2027. That approval, however, remains dependent o ...

BP plc (BP) , the UK-based energy major’s Trinidad and Tobago unit (“BPTT”) has officially commenced production from its Cypre gas development offshore Trinidad, marking a milestone in the energy giant’s upstream growth strategy. The subsea project, located 78 kilometers off the southeast coast of Trinidad, is expected to deliver around 45,000 barrels of oil equivalent per day (boed) at peak production.Cypre Supports BP’s Global Upstream AmbitionsCypre is the second of BP’s 10 major upstream projects, expec ...

BP plc (BP) , the UK-based energy major, has secured a foothold in Israel’s offshore gas exploration sector through a newly granted set of licenses, marking a strategic move alongside Azerbaijan’s SOCAR and NewMed Energy. This joint venture, approved by Israel’s Ministry of Energy and Infrastructure, will explore six blocks within the country’s Exclusive Economic Zone (“EEZ”), strengthening Israel’s energy security and boosting its export potential.In a competitive bidding round, BP, SOCAR, and NewMed Energ ...

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BP plc (BP) , the UK-based energy major, has approved the development of the Ginger natural gas project offshore Trinidad and Tobago. This is one of the 10 major upstream projects that the company aims to bring online by 2027. The decision aligns with BP's recent strategy reset, which involves increasing investment in oil and gas while scaling back spending on renewables. BP Expands Upstream Investment Amid Strategy Shift Last month, BP announced that it would increase its upstream oil and gas investments t ...

BP plc (BP) , the UK-based energy major, announced plans on Thursday to divest its mobility and convenience business in Austria, marking a strategic shift under CEO Murray Auchincloss' reset strategy. The move is part of the company's broader efforts to streamline operations and focus on core assets.BP to Exit Austrian Retail and EV Charging BusinessThe divestment will include more than 260 retail sites across Austria, along with BP’s Austrian fleet business, electric-vehicle (EV) charging infrastructure, a ...

BP plc (BP) , the UK-based energy major, has secured final approval from the Iraqi government to proceed with the redevelopment of the Kirkuk oil fields, aiming to produce more than 3 billion barrels of oil equivalent. This agreement marks a significant advancement for Iraq's energy sector, which has faced challenges due to years of conflict and infrastructural issues. The project also aligns with BP's strategic focus on enhancing its oil and gas portfolio.The contract involves collaboration between BP, Ira ...

BP plc (BP) , the UK-based energy major, is facing mounting pressure from activist investor Elliott Management, which has been meeting major shareholders to advocate deeper reforms, including cost cuts and potential leadership changes. The push came despite BP’s recent shift to hydrocarbons, following a strategy revamp last month.BP Faces Investor Scrutiny Over PerformanceBP has lagged rivals Shell and ExxonMobil over the past five years, a trend that many investors attribute to the company’s 2020 decision ...