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BP Halts Clean Jet Fuel Project at Spain's Castellon Refinery
ZACKS· 2025-04-09 11:36
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 ...
4月9日电,据报道,美国撤销BP和壳牌在委内瑞拉水域的项目许可。

news flash· 2025-04-09 00:01
智通财经4月9日电,据报道,美国撤销BP和壳牌在委内瑞拉水域的项目许可。 ...
据报道,美国撤销BP和壳牌在委内瑞拉水域的项目许可。
news flash· 2025-04-09 00:00
Core Viewpoint - The United States has revoked project licenses for BP and Shell in Venezuelan waters [1] Company Summary - BP and Shell are major oil companies affected by the U.S. decision to withdraw their project licenses in Venezuela [1] Industry Summary - The revocation of licenses may impact the oil industry in Venezuela, which is already facing challenges due to sanctions and political instability [1]
BP Kicks Off Cypre Gas Production in the Caribbean, Off Trinidad
ZACKS· 2025-04-04 18:45
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 Secures Israeli Offshore Gas Licenses With SOCAR, NewMed
ZACKS· 2025-04-02 12:51
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 ...
BP: When The Facts Change (Rating Upgrade)
Seeking Alpha· 2025-03-31 16:58
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or ...
BP Approves Ginger Gas Project Offshore Trinidad & Tobago
ZACKS· 2025-03-31 15:01
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: Lowering My Price Target, Still Cheap With A Shareholder-Friendly Focus
Seeking Alpha· 2025-03-31 01:12
Group 1 - Global crude oil prices are experiencing a decline, with Brent crude down 15% year-on-year and showing negative returns so far in 2025 [1] - Despite the drop in oil prices, the global Energy sector has outperformed US large-cap stocks in recent months [1]