BP PLC (LSE:BP.) and Shell PLC (LSE:SHEL, NYSE:SHEL) shares rose 3% and 2% respectively on Thursday after Washington unveiled sweeping new sanctions on Russia's two largest oil companies, Rosneft an
JERA Nex BP, a joint venture between Japan's top power generator JERA and BP , plans to halt development of the U.S. Beacon offshore wind power project and lay off its U.S. employees in the coming mon
BP's Volans-1X well in Namibia's Orange Basin uncovers rich gas condensate with high commercial potential and strong reservoir quality.
BP (BP) reached $33.11 at the closing of the latest trading day, reflecting a -1.75% change compared to its last close.
Oil prices fell below $60 per barrel recently due to a combination of oversupply and weak demand.
BP is set to divest its North Sea assets, selling stakes in key licenses to Serica Energy for $232 million, potentially boosting Serica's production profile.
BP PLC's (LSE:BP.) updated guidance ahead of its third-quarter results was not entirely clear but debt continues to be a "large concern", said analysts, and suggests share buybacks may need to be cut
BP PLC (LSE:BP.) expects stronger upstream and refining performance in the third quarter of 2025, though oil trading results are likely to be weak.
Third-quarter upstream production is expected to rise from the previous quarter. The company also anticipates a boost of up to $400 million from higher refining margins.
BP expects its upstream production to be above last quarter's, the company said in a trading update on Tuesday ahead of results due on November 4, adding that its oil trading result was weak.
BP secures an arbitration victory over Venture Global in a $1B LNG supply dispute linked to the Calcasieu Pass facility.
Serica Energy PLC (AIM:SQZ) said it has agreed to acquire BP's entire interest in two UK North Sea licences, including a 32% stake in the Culzean condensate field, under a proposed $232 million transa
BP boosts its oil and gas output with the Murlach field startup, marking its sixth major upstream project of 2025.
BP PLC (LSE:BP.) has scored an unexpected legal victory that adds fresh momentum to its turnaround story.
The British oil major is seeking damages of more than $1 billion, as well as interest, costs and attorneys' fees.
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