The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.
In the late 1990s, BP Plc boss John Browne used an oil-price slump to usher in the age of the supermajor, buying U.S. rivals Amoco and Arco to create a transatlantic giant. He kicked off a round of me
Historically high-positioned oil and gas producer BP announced Tuesday that it will reshape its business model to focus on low-carbon energies such as hydrogen, renewables and carbon capture. The move
Lockdown has hammered oil prices but it also offers a chance to refocus on clean energy
It's the oil giant's first payout cut in a decade.
BP Plc (LON: BP) Q2 2020 earnings call dated Aug. 04, 2020 Presentation: Craig Marshall -- Group head of investor relations Good morning, and welcome to BP's Second Quarter Results and Strategy L

Why BP Stock Fell 10% in July | The Motley Fool

05:28pm, Tuesday, 04'th Aug 2020
As the troubles facing energy companies increased, BP investors got increasingly worried about the future
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Signs of a waning wave of COVID-19 cases seemed to appease investors.
BP cut its dividend for the first time in a decade after a record $6.7 billion second-quarter loss, when the coronavirus crisis hammered fuel demand, and it sought to win over investors by speeding up
It’s not every day that an oil giant gets a slap on the back from Greenpeace. But that’s exactly what BP achieved this morning.

BP Pivots To Low Carbon Energy (NYSE:BP)

03:35pm, Tuesday, 04'th Aug 2020
In a strategic shift, BP announced a 10x increase in low-carbon investments by 2030, 8x by 2025. The company expects oil and gas production to drop 40% by 2030.
BP earnings on Tuesday have BP stock on the rise despite the company reporting lower-than-expected numbers for the second quarter of FY2020.
All major oil companies suffered in the second quarter as lockdowns to contain the new coronavirus limited travel and oil prices fell to their lowest ...
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