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BP has started oil production at a new Azeri Central East (ACE) offshore platform in the Caspian Sea, the company said on Tuesday, bolstering declining oil output in the ex-Soviet country.
British oil giant BP (NYSE: BP ) recently announced job cuts in its electric vehicle charging sector, the latest example of BP layoffs. Indeed, the firings are directed toward BP Pulse to redirect com
BP has cut over a tenth of the workforce in its electric vehicle charging business and pulled it out of several markets after a bet on rapid growth in commercial EV fleets didn't pay off, company sour
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2023 was a forgettable year for hydrogen stocks and the broader clean energy industry. Geopolitical issues, heightened interest rates, and rampant inflationary pressures were to blame for clean energy
The emergence of a possible bid for BP by the United Arab Emirates' state-owned oil group has thrown a spotlight on the vulnerability of the Britain's largest companies to takeover and the threat to L
BP struggles to keep pace with its competitors, a factor that analysts and investors point to as a significant reason behind its vulnerability to takeovers.
Could British oil and gas supermajor BP plc be the next jewel in the crown of the FTSE 100 to be snapped up by a foreign competitor? According to a Reuters report, the Abu Dhabi National Oil Company (
The United Arab Emirates' state-owned oil company recently considered buying Britain's BP but the deliberations did not progress beyond preliminary discussions, people familiar with the matter told Re
There are opportunities for energy companies with a footprint in oil & gas resources or transporting commodities and the clean energy space. Three such firms are BP, Shell (SHEL) and Enbridge (ENB).
BP expects solid Q1 performance, driven by robust trading and production operations, offsetting lower oil prices.
The latest trading day saw BP (BP) settling at $39.29, representing a +0.98% change from its previous close.
BP eyes the divestment of aging Trinidad gas field assets to Perenco, with the aim of realigning its energy portfolio. This move signals a significant shift in the global oil and gas market.
BP's trading update suggests it should be close to consensus numbers of US$$3bn net income when it publishes first quarter numbers, says broker Jefferies. Strong gas trading will address a key concern
A post-eclipse hangover? Stock investors are seemingly on the sidelines, a day ahead of inflation data.
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