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HomeBP

BP

Earnings

Oil Majors Are Primed For A Massive Earnings Season

July 28, 2021 Stu Turley

Earnings season is here with us once again, with a quarter of S&P 500 companies having reported second-quarter 2021 earnings. According to FactSet data, 88% of S&P 500 companies have reported a positive EPS surprise, while 86% have reported […]

Commodities

Oil and Gas Volatility Is Short Term – The Oil Majors Fleeing The Market Will Change The World

July 22, 2021 Jay R. Young

The US oil price fell more than six percent on Monday, a day after Saudi Arabia and the UAE reaching an agreement to increase output.  With surging Covid cases threatening economic recovery, stock markets slumped. […]

Hydrogen

Energy giant BP focuses on renewable investments in Turkey

July 11, 2021 Stu Turley

Turkey started attracting more investment in terms of renewables with global energy giant BP, which has already invested more than $500 million in the country in the last three years and has now focused on […]

US oil worker - Energy News Beat
Commodities

Another ‘Day of Reckoning’ For Big Oil is on the horizon, but it is not what you think

July 1, 2021 Stu Turley

There are several things that our team at King Operating get asked while talking with our clients. One of the questions is, will oil and gas be even needed after 3 to 5 years with […]

BP chief executive Bernard Looney- Energy News Beat
Finance

BP CEO sees higher oil prices boosting energy transition plans

June 22, 2021 Stu Turley

(Bloomberg) –BP’s energy transition plan will receive a boost from rising oil prices, and the company is already winning back investors after a difficult year, Chief Executive Officer Bernard Looney said. Even as it plans […]

saudi energy Minister prince abdulaziz bin salman
Commodities

Climate Policies Could Hand Power and Profits Back to OPEC

June 17, 2021 Stu Turley

By Ellen R. Wald, a non-resident senior fellow at the Atlantic Council’s Global Energy Center and president of Transversal Consulting, and Jonathan H. Ferziger, a Jerusalem-based nonresident senior fellow at the Atlantic Council and a former Middle […]

oil - supermajors -energy News beat
Crude Oil News

High Oil Prices Set Supermajors Up For A Promising Earnings Season

June 16, 2021 Stu Turley

The world’s largest oil companies are set to report next month another set of strong quarterly earnings amid significantly higher oil prices and global oil demand in the second quarter compared to the same period […]

International News

Russia’s Gazprom sees domestic gas consumption rising 7.5% within 5 years

June 12, 2021 Stu Turley

Russian energy giant Gazprom expects domestic gas consumption to rise by 7.5% within the next five years as it embarks on a $7 billion programme to supply gas to more households, a company official said […]

Iraq workers walk on pipelines of an oil refinery - EnergyNewsBeat
ENB Pub Note

The Retreat of Exxon and the Oil Majors Won’t Stop Fossil Fuel – Without Accountability ESG means nothing

June 9, 2021 Stu Turley

Energy News Beat Publishers Note (ENB): This information from Bloomberg is very telling. Just because the supermajors are being pushed aside, their replacements will not be any more accountable. The state-owned oil companies have even […]

Rosneft - EnergyNewsBeat
Crude Oil News

Russia’s Rosneft projects global oil shortages during “hasty” energy transition – He is right on the money

June 6, 2021 Stu Turley

Energy News Beat Publishers Note (ENB): Rosneft is dead-on right! The inability of the world to have a realistic conversation of the importance of a “Balanced Diet of Power” is disappointing at best. ENB has […]

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