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BP
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BP's Q3 profit surged to nearly four times year-on-year, reaching $8.5 billion and significantly exceeding expectations, driven by a substantial increase in refining margins.
BP announced its third-quarter results, with underlying replacement cost profit (a proxy for net profit) reaching $8.5 billion, significantly exceeding analysts' expectations of $6.191 billion and app
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BP says net debt has reached 2027 target due to strong Q3 energy trading and refining profits
BP says net debt has reached 2027 target due to strong Q3 energy trading and refining profits
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BP and other oil majors withdraw from Riyadh energy conference after missile attack on airport kills 12.
BP and other oil majors withdraw from Riyadh energy conference after missile attack on airport kills 12.
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Lookonchain: KOL Frogman's Wallets Hacked, Losing ~$4M in Crypto Assets
Lookonchain reported that two of crypto KOL Frogman's wallets were hacked, resulting in a loss of approximately $4 million. The stolen assets include 1.43 million BP ($1.77 million), 13.96 million MAR
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BP is evaluating the acquisition of US shale oil assets worth $2-5 billion, considering a bid for Devon Energy's Eagle Ford assets.
BP is evaluating acquisitions to expand its U.S. shale oil business, Reuters reported. The company has reportedly examined heavy oil shale assets valued between $2 billion and $5 billion and is consid
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One Wall Street giant recommends buying an oil major's stock, despite its underperformance during two energy crises.
Integrated oil giant BP has lagged its closest rivals over the last three to five years, but now one leading Wall Street firm says it’s time to buy the beleaguered company.
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US Oil Majors Employ Hardball Tactics in Labor Disputes, Using Lockouts and Replacement Workers to Seek Concessions
Major US oil companies are increasingly adopting aggressive strategies in labor negotiations, including lockouts and the use of replacement workers, to secure concessions from unions. This trend, exem
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BP on Wednesday formally appointed Ian Tyler as chair after boardroom upheaval following the surprise dismissal of former chairman Albert Manifold.
BP on Wednesday formally appointed Ian Tyler as chair after boardroom upheaval following the surprise dismissal of former chairman Albert Manifold.
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BP and Shell Q2 profits both increased significantly, mainly due to the Iran war driving up oil and gas prices.
BP's second-quarter profit doubled to $5.73 billion, exceeding analysts' expectations of $5.11 billion, and the company announced a 4% increase in dividends. Shell's adjusted earnings reached $9.84 bi
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BP's Q2 Underlying Profit More Than Doubles to $5.7 Billion, Exceeding Expectations, Amid Trump's Criticism of Big Oil
BP reported its second-quarter underlying replacement cost profit, a proxy for net profit, reached $5.7 billion for the April to June period. This figure significantly surpassed analyst expectations o
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BP Completes Sale of Gelsenkirchen Refinery to Klesch Group, Expects ~$1B Operating Cost Reduction
The divestment, first announced in March, is part of BP's ongoing portfolio optimization strategy. The Gelsenkirchen complex, with a crude distillation capacity of approximately 265,000 barrels per da
-
BP's Q3 profit surged to nearly four times year-on-year, reaching $8.5 billion and significantly exceeding expectations, driven by a substantial increase in refining margins.
BP announced its third-quarter results, with underlying replacement cost profit (a proxy for net profit) reaching $8.5 billion, significantly exceeding analysts' expectations of $6.191 billion and app
-
BP says net debt has reached 2027 target due to strong Q3 energy trading and refining profits
BP says net debt has reached 2027 target due to strong Q3 energy trading and refining profits
-
BP and other oil majors withdraw from Riyadh energy conference after missile attack on airport kills 12.
BP and other oil majors withdraw from Riyadh energy conference after missile attack on airport kills 12.
-
Lookonchain: KOL Frogman's Wallets Hacked, Losing ~$4M in Crypto Assets
Lookonchain reported that two of crypto KOL Frogman's wallets were hacked, resulting in a loss of approximately $4 million. The stolen assets include 1.43 million BP ($1.77 million), 13.96 million MAR
-
BP is evaluating the acquisition of US shale oil assets worth $2-5 billion, considering a bid for Devon Energy's Eagle Ford assets.
BP is evaluating acquisitions to expand its U.S. shale oil business, Reuters reported. The company has reportedly examined heavy oil shale assets valued between $2 billion and $5 billion and is consid
-
One Wall Street giant recommends buying an oil major's stock, despite its underperformance during two energy crises.
Integrated oil giant BP has lagged its closest rivals over the last three to five years, but now one leading Wall Street firm says it’s time to buy the beleaguered company.
-
US Oil Majors Employ Hardball Tactics in Labor Disputes, Using Lockouts and Replacement Workers to Seek Concessions
Major US oil companies are increasingly adopting aggressive strategies in labor negotiations, including lockouts and the use of replacement workers, to secure concessions from unions. This trend, exem
-
BP on Wednesday formally appointed Ian Tyler as chair after boardroom upheaval following the surprise dismissal of former chairman Albert Manifold.
BP on Wednesday formally appointed Ian Tyler as chair after boardroom upheaval following the surprise dismissal of former chairman Albert Manifold.
-
BP and Shell Q2 profits both increased significantly, mainly due to the Iran war driving up oil and gas prices.
BP's second-quarter profit doubled to $5.73 billion, exceeding analysts' expectations of $5.11 billion, and the company announced a 4% increase in dividends. Shell's adjusted earnings reached $9.84 bi
-
BP's Q2 Underlying Profit More Than Doubles to $5.7 Billion, Exceeding Expectations, Amid Trump's Criticism of Big Oil
BP reported its second-quarter underlying replacement cost profit, a proxy for net profit, reached $5.7 billion for the April to June period. This figure significantly surpassed analyst expectations o
-
BP Completes Sale of Gelsenkirchen Refinery to Klesch Group, Expects ~$1B Operating Cost Reduction
The divestment, first announced in March, is part of BP's ongoing portfolio optimization strategy. The Gelsenkirchen complex, with a crude distillation capacity of approximately 265,000 barrels per da
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