BP plc's (BP) Cherry Point oil refinery is set to launch a new sustainable energy program that will produce jet fuel from biomass feedstocks, including crops, compost, municipal waste and other by-products. As U.S. Senator Maria Cantwell announced recently, this initiative is supported by a nearly $27 million federal grant from the Federal Aviation Administration's sustainable aviation fuel (SAF) initiative. BP's New Era of Sustainable Fuel Production The program is aimed at producing jet fuel from various ...

landbysea BP (NYSE:BP) (OTCPK:BPAQF) reported solid Q2'24 results that showed that the British energy company continues to benefit from earnings tailwinds related to higher petroleum prices. BP is also focusing on new major development projects in the Gulf of Mexico, which is set to be a catalyst for earnings and free cash flow growth going forward. Importantly, BP is trading at an exaggerated earnings yield of 15%, which is way above the company's rivals in the upstream industry. Since BP is focused on gro ...

BP plc (BP) , the British oil and gas giant, has awarded a front-end engineering design (FEED) contract to Technip Energies for its H2Teesside project in the United Kingdom. The H2Teesside project is anticipated to become one of the largest low-carbon hydrogen production facilities in the United Kingdom. It is equipped with carbon capture technology. The H2Teesside project is aimed at producing approximately 1.2 gigawatts (GW) of low-carbon hydrogen. The figure is equivalent to more than 10% of the country' ...

Dublin, Aug. 29, 2024 (GLOBE NEWSWIRE) -- The "U.S. Life Coach Market - Focused Insights 2024-2029" report has been added to ResearchAndMarkets.com's offering. The U.S. life coach market is expected to reach a value of $2.76 billion by 2029 from $2.07 billion in 2023, growing at a CAGR of 4.95% The U.S. Life Coach Market report consists of exclusive data on 26 vendors. The market is highly competitive, featuring major players like Benchmark Consulting, BetterUp, BP Life Coaching Services, Endless Possibilit ...

Graeme Robertson/Getty Images News BP PLC (BP) Price % Chan Shell PLC (SHEL) Price % Ch TotalEnergies SE (TTE) Price % Chang Exxon Mobil Corp (XOM) Price % Change Chevron Corp (CVX) Price % Change 15.005 Jun 24 Jul '24 Aug 24 Seeking AlphaQ Aug 23, 2024, 12:58 PM EDT Powered by YC H A R T S Data by Y Charts Despite a solid Q2 print, BP p.l.c. (NYSE:BP) shares recently faced substantial headwinds from analyst downgrades, casting doubt about sustainability of shareholder returns. In early August, HSBC downgra ...

12 191 in No. of Cattle T n jewhyte Article Thesis BP plc (NYSE:BP), one of the oil and gas supermajors, has seen its shares decline substantially in recent weeks. BP wasn't expensive even before that but has now become even cheaper. With an above-average dividend yield and strong buybacks, BP is shareholder-friendly, but the strategic shifts introduce a level of uncertainty when it comes to an investment in BP. Past Coverage I have covered BP here on Seeking Alpha in the past, with my most recent article b ...

Rising oil prices are putting pressure on the refining business, as higher input costs are squeezing margins. Additionally, a slowdown in oil production growth is likely to reduce profits from the upstream operations of integrated energy companies. The increasing demand for renewable energy is also casting a shadow over the future of the Zacks Oil and Gas Integrated International industry, making the outlook appear increasingly uncertain. Among the companies in the industry that will probably survive the bu ...

Dividend stocks are a valuable addition to any investment portfolio, offering a reliable income stream that can provide stability in both bullish and bearish markets. High dividend yields are particularly attractive, especially when paired with fundamentally sound and potentially undervalued stocks. Such combinations not only enhance income potential but also provide opportunities for capital appreciation over the long term. For investors seeking a balance of income and growth, high-yield dividend stocks ca ...

In the era of automation, energy investors are closely watching companies that deploy automated drilling technologies. These advanced systems, which require minimal human intervention, reduce downtime and labor costs, thereby boosting productivity and reliability. By harnessing real-time data analytics and AI, automated drilling optimizes drilling parameters, enhancing precision and speeding up project timelines. Moreover, it lowers operational emissions and supports environmental compliance, aligning with ...

BP plc (BP) has entered into a significant agreement with Orlen, a Polish refiner, to supply 6 million metric tons (MMt) of crude oil from the North Sea over the next year. This volume, equivalent to around 150,000 barrels per day, should be able to meet 15% of Orlen's annual feedstock requirements. The first deliveries under this contract are scheduled to begin in September, with crude oil cargoes arriving at the Polish port of Gdansk and the Lithuanian port of Butinge. Diversifying Orlen's Feedstock Portf ...