BP signals a weak Q4, citing lower production and refining margins, while delaying its capital markets day as the CEO recovers from a medical procedure.
Shell PLC (LSE:SHEL, NYSE:SHEL) has the edge over BP PLC (LSE:BP.) going into 2025 due to their respective balance sheets, according to analysts at JP Morgan.
Iraq and British oil major BP will sign a mammoth deal covering four Kirkuk oil and gas fields by the first week of February, Oil Minister Hayan Abdel-Ghani told Reuters during a visit to Britain.
BP signs a three-year global agreement with KBR for engineering and EPCM services, reinforcing their decades-long partnership and global energy ambitions.
BP (BP) stock is falling in premarket trading Tuesday after the British oil giant said it expects to book impairments of between $1.0 billion to $2.0 billion in the fourth quarter.
BP PLC (LSE:BP.) has released its trading update for the fourth quarter of 2024, flagging a decrease in upstream production compared to the prior quarter.
BP said on Tuesday that lower refining margins would hurt its fourth-quarter profit by $100 million to $300 million and that it expects oil trading to be weak.
BP halts production at its Shah Deniz Alpha platform in the Caspian Sea due to a pipeline issue, coinciding with Azerbaijan's suspension of gas deliveries to Serbia and Bulgaria.
In the most recent trading session, BP (BP) closed at $31.29, indicating a +0.55% shift from the previous trading day.
BP PLC (LSE:BP.) and Shell PLC (LSE:SHEL, NYSE:SHEL) shares ticked up on Friday in line with a surge in oil prices on fears around new US sanctions against Russia.
BP looks forward to leveraging its extensive experience in performance optimization and recovery to help increase the output from Mumbai High oil field.
Dividend Harvesting Portfolio Week 201: $20,100 Allocated, $1,932.03 In Projected Dividends
BP PLC (LSE:BP.) has won a contract to help boost production substantially from the largest oil field in India over the next ten years.
Global energy major BP has pledged to lift oil production by 44% and gas output by 89% from India's largest field off its west coast, under a decade-long contract, according to block operator Oil and
India's top explorer Oil And Natural Gas Corp on Wednesday said energy major BP will act as technical service provider to help boost oil and gas output from the country's largest producing field, off
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