17-May-2022 01:34 PM
BP PLC and Linde PLC on Tuesday unveiled plans to advance a major carbon capture and storage project in Texas.
This will enable low-carbon hydrogen production at Linde's existing facilities, the two said, and the development will support t
12-May-2022 10:32 AM
BP PLC on Thursday said it has made a bid for two individual offshore wind leases in the Netherlands, consistent with plans to make €2 billion worth of clean energy investments in the nation.
The assets, Hollandse Kust West sites VI and
03-May-2022 08:57 AM
BP PLC on Tuesday said it swung to a first-quarter loss due to its decision to exit from its shareholding in Rosneft in response to Moscow's invasion of Ukraine; however on an underlying basis, the oil major reported a big jump in profit.
29-Apr-2022 06:11 AM
BP PLC - London-headquartered oil major - Signs strategic partnership with German automaker Volkswagen AG to ‘boost’ adoption of electric vehicles across Europe. The pair plans to ‘rapidly’ build fast-charging EV network across
28-Apr-2022 10:31 AM
A subsidiary of London-based oil giant BP PLC sold a 5.0% stake in UK-focused oil and gas company Serica Energy PLC, it was announced on Thursday.
The subsidiary, BP Exploration Operating Co Ltd, sold 13.5 million shares in Serica at a price of
29-Mar-2022 12:35 PM
BP PLC on Tuesday said it has extended its local arrangements partnership with Uber Technologies Inc into a new global strategic partnership.
By 2025, convenience products from BP's filling station stores will be available on the Uber Eat
25-Mar-2022 10:54 AM
BP PLC on Friday said its BP Pulse business plans to invest £1 billion in electric vehicle charging in the UK over the next 10 years.
The London-based oil and gas company said BP Pulse, its electric vehicle charging business, intends to m
23-Mar-2022 08:57 AM
BP PLC - London-headquartered oil major - Expands offshore wind portfolio by forming strategic partnership with Japanese conglomerate Marubeni Corp for offshore wind and other potential decarbonisation projects including hydrogen in Japan. BP will acq
11-Mar-2022 04:21 PM
Eni Spa on Friday said it is combining its Angolan assets with BP PLC's to create a new 50/50 joint venture called Azule Energy.
The Rome-based oil company said that Azule Energy will be a new international energy company, independently m
28-Feb-2022 09:36 AM
Oil major BP PLC on Sunday said its decision to exit its near 20% stake in Russia's Rosneft will not harm its ability to increase payouts.
BP said it will sell its 19.75% stake in the oil producer, which it co-owns with the Kremlin,
25-Feb-2022 06:21 PM
BP PLC is under pressure from the government to cut its ties with Russian oil giant Rosneft, which the British-based company holds a 20% stake in.
Business Secretary Kwasi Kwarteng held a virtual call with BP's chief executive Berna
27-Apr-2021 07:44 AM
BP said it would start a $500 million share buyback programme in the second quarter after the oil major reported a rise in first-quarter profit and met its debt reduction target.
For the first quarter of the year, underlying replacement cost profit r
02-Feb-2021 07:35 AM
Oil major BP said profit fell sharply in the fourth quarter of the year as the Covid-19 pandemic roiled energy demand, pressuring oil and gas prices and leading to higher exploration write-offs.
For the three months ended 31 December, the company's
27-Oct-2020 07:33 AM
Oil major BP nearly halved its third-quarter dividend even as it swung to a profit, as the impact of lower oil prices on revenue was offset by cost cutting.
BP cut its quarterly dividend by 48.8% to 5.25 cents per share, though this was in line with the
20-Aug-2020 08:56 AM
Oil and gas firm Premier Oil swung to a loss on lower production in the six months to 30 June 2020.
Separately the company announced plans to ask investors for a further $300m, on top of the $230m sought for the acquisition of assets from BP, as it look
05-Aug-2020 10:20 AM
RBC Capital Markets today reaffirms its underperform investment rating on BP PLC (LON:BP.) and raised its price target to 290p (from 250p).
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05-Aug-2020 10:10 AM
Credit Suisse today reaffirms its neutral investment rating on BP PLC (LON:BP.) and raised its price target to 400p (from 350p).
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04-Aug-2020 07:27 AM
BP slashed its dividend as the oil major posted large losses in the second quarter after suffering $9.2bn of impairments pinned partly on falling crude prices.
The company declared a dividend of 5.25 cents per share for the quarter, down 50% from the pre
16-Jul-2020 02:10 PM
Jefferies International today upgrades its investment rating on BP PLC (LON:BP.) to buy (from hold) and raised its price target to 350p (from 320p).
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15-Jul-2020 09:30 AM
JP Morgan Cazenove today reaffirms its overweight investment rating on BP PLC (LON:BP.) and raised its price target to 425p (from 400p).
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02-Jul-2020 10:40 AM
Credit Suisse today reaffirms its neutral investment rating on BP PLC (LON:BP.) and raised its price target to 360p (from 350p).
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01-Jul-2020 01:20 PM
Goldman Sachs today reaffirms its conviction buy investment rating on BP PLC (LON:BP.) and cut its price target to 530p (from 550p).
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01-Jul-2020 10:00 AM
JP Morgan Cazenove today reaffirms its overweight investment rating on BP PLC (LON:BP.) and cut its price target to 400p (from 425p).
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01-Jul-2020 08:30 AM
Barclays Capital today reaffirms its overweight investment rating on BP PLC (LON:BP.) and raised its price target to 400p (from 380p).
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17-Jun-2020 10:30 AM
UBS today reaffirms its buy investment rating on BP PLC (LON:BP.) and cut its price target to 370p (from 400p).
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