PetroChina International and energy giant BP have won a tender that will allow each to handle 2 billion cubic metres of gas annually for 20 years at Rotterdam's Gate terminal, the Chinese state firm's
BP is about to complete drilling the exploration well, which is in licenses 873 and 442 in the Yggdrasil area.

Supermajors: The 3 Best Oil Stocks to Buy Now

07:00am, Thursday, 25'th May 2023
The price of oil has declined significantly since last summer when it hit a multi-year high of $122 per barrel. Today, West Texas Intermediate (WTI) crude oil, the U.S. standard, is trading at $74 a b
Markets are racing higher as the earnings season turned out much better than expected. Sector rotation into tech stocks has led to a surge in big-tech with Nvidia clearly leading the pack.

BP: Oil At $70, It's Time To Sell

06:04am, Tuesday, 23'rd May 2023
BP submitted a decent earnings card for the first quarter. However, earnings have started to decline. EPS estimates may further get revised to the downside if petroleum/natural gas prices fall.
BP's subsidiary pays a record $40 million penalty to settle charges against its Whiting Refinery in United States for federal air emission violations.
Only the formal closing remains in BP's acquisition of TravelCenters of America, with shareholders overwhelmingly approving the purchase in voting results released Wednesday. There was no sign of a la
While the benchmark S&P 500 index may be up for the year, investors should consider acquiring the below top-rated stocks to buy. One key reason is that momentum appears to be fading.
In recent weeks oil prices have tanked leading to some overvalued energy stocks. Through the first week of May, crude oil prices declined for three consecutive weeks in what amounts to the biggest pul

No Dating Game for Buffett

02:21pm, Tuesday, 09'th May 2023
Watching Warren Buffett (Trades, Portfolio) and Charlie Munger (Trades, Portfolio) Saturday in Omaha caused us to think about a very popular 1960s TV show called, “The Dating Game.” Hosted by Jim

Q1 Earnings: Energy Sector in Focus

03:12pm, Monday, 08'th May 2023
Crude oil prices appear to be reversing last week's losses, but prices are down significantly from the year-earlier level. There are multiple factors at play in the commodity's price action, including

Shell and BP's Hidden Spark

05:30am, Monday, 08'th May 2023
The European companies' energy traders generate huge profits, but investors are mostly in the dark.
UBS economists said the European Central Bank (ECB) was likely to hike interest rate by another 25 basis points (bps) in July, lifting the benchmark for borrowing costs to 3.75%, before taking a pause
Fuel retailers have been accused of holding on to inflated diesel prices, despite the wholesale costs of the fuel sitting lower than petrol for the entirety of April. “Diesel drivers across the UK m
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