British oil and gasoline company BP (British Petroleum) signage is being pictured in Warsaw, Poland, ... [+] on July 29, 2024. (Photo by Aleksander Kalka/NurPhoto via Getty Images) NurPhoto via Getty Images With the stock down 7% so far this year, at the current price of around $32 per share, we believe BP plc stock (NYSE: BP), a European integrated energy major, could go higher in the long term. BP's underlying replacement cost profit (used as a proxy for net profit) was up 4% year-over-year (y-o-y) to $2. ...

BP plc (BP) ), a leading UK-based energy company, is expanding its presence in India as it explores more business opportunities in the rapidly growing market. Per a Reuters report, the company confirmed on Wednesday that it is holding a board meeting in India this week, emphasizing its strategic interest in the country's oil and gas sector. India, the world's third-largest oil importer and consumer, seeks to increase its stagnant oil and gas production, making it a prime location for BP's future investments ...

BP plc (BP) stock has experienced a gain of almost 2%, since the announcement of an accord with Apollo Global Management, Inc. (APO) on Sept.16. Strategic Importance of BP's Trans Adriatic Pipeline AG Recently, Apollo and BP entered into a deal valued at $1 billion, where Apollo Funds will be granted a noncontrolling shareholding in bp Pipelines TAP Limited, which has about 20% shareholding in Trans Adriatic Pipeline AG (TAP). TAP, the owner and operator of a natural gas transportation infrastructure, repre ...

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Considering buying BP stock? Here's what analysts think: Read Next: ...

BP plc's (BP) Castellon refinery in Valencia, Spain, is set to receive 25 megawatts (MW) of proton exchange membrane (PEM) electrolyzer systems from Plug Power Inc (PLUG) . The move comes from a strategic initiative spearheaded by Castellon Green Hydrogen S.L., a joint venture between two energy giants — BP and Iberdrola (IBDRY) . The ambitious project aims to significantly cut carbon emissions by integrating green hydrogen into the refinery's processes. Plug Power, a leading provider of hydrogen solutions, ...

BP plc (BP) ), a leading UK-based energy company, has enlisted American Bureau of Shipping ("ABS") for a range of services related to the floating production unit (FPU) for its Kaskida development in the U.S. Gulf of Mexico. This marks BP's sixth-operated deepwater project in the region, located in a high-margin basin. ABS will provide classification and engineering verification services for the new semi-submersible FPU, a key component in BP's growing Gulf of Mexico portfolio. ABS' Role in BP's Kaskida Dev ...

BP plc (BP) , the British energy major, has announced a final investment decision for the construction of a green hydrogen project at its Castellón refinery, in partnership with the Spanish utility firm Iberdrola (IBDRY) . The company stated that the capacity of the green hydrogen project would be 25 MW and the facility is expected to come online in the second half of 2026. This hydrogen project is the first initiative of its kind, set to be developed by BP and Iberdrola through their 50-50 joint venture Ca ...

Trial met the primary and all key secondary endpoints in adults with moderate-to-severe disease; five times more patients achieved sustained disease remission with Dupixent than placebo Dupixent is the first medicine to show significant steroid-sparing effect in this debilitating and lifethreatening disease If approved, Dupixent would be the first and only targeted medicine to treat BP in the U.S. and European Union TARRYTOWN, N.Y. and PARIS, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Regeneron Pharmaceuticals, Inc ...

BP plc (BP) has entered into a deal to sell four mature gas fields and undeveloped resources in Trinidad and Tobago to Perenco T&T. This move is part of BP's strategy to redirect its operations toward shallow water, deepwater and cross-border gas projects in the region. BP Divests Mature Assets to Perenco T&T BP Trinidad and Tobago ("BPTT"), a subsidiary of BP, has agreed to sell its Immortelle, Flamboyant, Amherstia and Cashima gas fields to Perenco T&T. These assets, which have been operational since the ...

The Index of Oil. Up. getty AI is in and energy is out. As usual. Which is just dandy for contrarian dividend investors like us. Let's talk about dividends up to 6.6% and stock prices that are dirt cheap. How cheap? Stocks trading for as little as half their sales! The best time to buy energy is before the next supply shortage. I was just "upwind" of Hurricane Hone on the Big Island of Hawaii—'tis the season for storms. Plus we have a volatile Middle East. And an economy that may get a bit of juice as the F ...