Hints and tips:
Related Special Reports
...BP said last year it had not entered into contracts for research at Cambridge into oil and gas areas for at least five years....
...Unlike Looney, Hayward and Browne, he was not a BP-lifer, having joined when it acquired US oil producer Amoco in 1998....
..., the FTSE 100 oil major said in a statement on Thursday....
...BP has announced changes to its organisational structure and the departure of two senior figures, as the UK oil major seeks to close a yawning valuation gap with US peers and convince investors it can deliver...
...For today, I have a report about BP and the Asian Renewable Energy Hub. BP’s growing role in the project marks a notable acceleration of the oil major’s renewable energy ambitions....
...oil sector....
...BP will form a joint venture in Egypt with the Abu Dhabi National Oil Company as the UK oil major looks to expand its international gas portfolio....
...Sir John Sawers, the former head of MI6, will also step down from the BP board in April, after nine years of service....
...BP and the Abu Dhabi National Oil Company have suspended talks on a $2bn deal to buy a 50 per cent stake in Tel Aviv-listed NewMed Energy, as Israel’s war with Hamas enters its sixth month....
...Israel’s NewMed said talks over a $2bn bid by BP and the Abu Dhabi National Oil Company for a 50 per cent stake in the natural gas group have been suspended because of “uncertainty”....
...The Australian refinery is one of five biofuel projects that BP has planned globally, the company said. But, make no mistake, oil is still king at BP....
...But as I explain below, private sector oil “supermajors” like BP are facing shareholder pressure to do just the opposite. Read on for more....
...BP is the only group committed to cut oil and gas production in the sector, meaning it will produce about 2mn barrels of oil equivalent a day at the end of the decade....
...Markets responded well last February when BP pared back its commitment to cut oil and gas production by the end of the decade, for instance....
...Prompted by BP’s appointment today of interim boss Murray Auchincloss as its permanent chief executive to replace Bernard Looney, we’ve had a look at how recent gossip around the oil energy company failed...
...Yet there is little love lost between hedge fund Bluebell Capital Partners and BP. The London-based activist has called BP’s strategy to cut oil and gas production “irrational”....
...BP declined to comment, while Loudon could not be reached for comment....
...He then spent seven years crunching the numbers for BP’s oil producing upstream business, before he was appointed group chief financial officer in 2020....
...Looney announced plans in 2020 to transform BP from an oil and gas producer into an integrated energy provider by cutting fossil fuel production and investing in green technologies....
...But he’s obviously part of the overall BP construct, which has not been a success story,” said Paul Sankey, oil analyst at Sankey Research....
...Oil prices rose on BP’s decision to pause all transits through the Red Sea following a series of attacks on passing vessels by Yemeni rebels....
...BP said it will pause all oil shipments through the Red Sea, in the latest sign of an escalation in the crisis caused by Yemeni rebels’ attacks on vessels in the area that is threatening a key route for...
...BP’s commitment to shrink the size of its oil and gas business remains the only hard target to cut output in the sector....
...The leadership uncertainty at BP had led to speculation that it could become a target amid a wave of consolidation in the oil and gas industry in the past six months....
International Edition