Three years ago, Big Oil supermajors in Europe were all about the energy transition and pivoting from their core business to a greater diversification. In its latest financial report for the first quarter, BP indicated […]
LONDON (Reuters) – BP softened the language on its pledge to cut its 2030 oil and gas output in an effort to reassure investors over its energy transition strategy and narrow a gaping value gap […]
bp has disclosed its financial performance for the first quarter of 2024. The energy giant reported an underlying profit of $2.7 billion (£2.1bn), which fell short of analyst predictions by a slight margin. This figure […]
UK-based energy giant BP has signed a new long-term liquefied natural gas (LNG) sale and purchase deal with South Korea’s Kogas. Under the agreement, BP Singapore, a unit of BP, will provide Kogas with up […]
Size usually matters in oil and gas. Eight of the sector’s biggest companies feature in WoodMac’s benchmarking analysis – the five Supermajors and Saudi Aramco, ADNOC and Qatar Energy. These Middle East NOCs are stepping beyond their […]
(WO) – Petrobras and bp signed a Memorandum of Understanding (MoU) to promote discussions and collaboration between the two companies. The non-binding agreement focuses on business opportunities in exploration, and production (E&P), sustainable fuels, carbon […]
(Bloomberg) – For a company that made its name with frontier oil discoveries from Iran to Alaska, bp Plc is notably absent from today’s hottest new oil plays. The company’s head of exploration and production […]
British oil major BP on Thursday trimmed its executive team down to 10 members and announced William Lin as the new head of the firm’s oil and low carbon energy business. Lin replaces Anja-Isabel Dotzenrath, who will […]
Daily Standup Top Stories What’s Next for Oil? Analysts Weigh In After Iran’s Attack April 15, 2024 Mariel Alumit Oil futures were barely moved by Iran’s unprecedented attack on Israel, with traders attributing the lackluster price action […]
BP has cut over a tenth of its workforce in its EV charging business, BP Pulse, as the supermajor is downsizing the division and retreating from several countries to focus on just four key markets, […]
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