Crude Oil Off Highs as World Bank Warns of Higher Inflation
By Geoffrey Smith Investing.com -- Crude oil prices fell from their recent highs on Thursday, amid signs that countries around the world are getting to grips with the shortages that have...
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BP ADR News & Analysis
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Capital Product Partners L.P. Announces Pricing of €150 Million Unsecured BondsAnnounces Pricing of €150 Million Unsecured Bonds
Capital Product Partners L.P., an international owner of ocean-going vessels, announced that its wholly owned subsidiary, CPLP Shipping Holdings PLC, has successfully priced its previously...
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Britain’s fossil fuel dilemma in the spotlight as climate talks near
Britain faces a fossil fuel dilemma: it can burnish its green credentials by halting new oil and gas development in the North Sea, yet doing so will leave it more reliant on imported fuel....
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Lightsource BP to enter Polish market with 757 MW deal
[[BP]] says its 50%-owned Lightsource BP joint venture says it has signed a deal with a Polish renewable energy company to co-develop a 757 MW portfolio of solar projects in...
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Vestas to build 15MW wind turbines for BP-Equinor New York offshore wind farms
Vestas says a joint venture between BP and Equinor chose it as the preferred turbine supplier for the 2.1 GW Empire Wind 1 and Empire Wind 2 wind projects off...
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Friday’s Top Analyst Upgrades and Downgrades: Applied Materials, Autodesk, Bank of America, BP, Broadcom, Micron Technology, Morgan Stanley and More
Friday's top analyst upgrades and downgrades included Applied Materials, Autodesk, Bank of America, BP, Broadcom, Micron Technology, Morgan Stanley and Western Digital.
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Lightsource BP starts world's first steel mill to run almost entirely on solar
[[BP]] says its 50-50 Lightsource BP joint venture together with Xcel Energy (XEL) and EVRAZ North America have launched the 300 MW Bighorn solar project to power a steel mill...
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BP, Shell to send top execs to House panel probing climate disinformation
Executives from [[BP]] and Royal Dutch Shell ([[RDS.A]], [[RDS.B]]) will testify later this month before the House Oversight and Government Reform Committee, which is...
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REFINERY NEWS ROUNDUP: European refiners focus on renewables, move away from crude
European refiners are increasingly focusing on renewables and moving away from crude in a drive towards carbon neutrality. Spanish energy group Repsol will use steam biomethane reforming, or...
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Europe Markets: Natural gas prices on the rise again in Europe, following brief respite from pledge of Russian help
A respite for natural gas prices in Europe looked to be fading as prices were on the rise again Friday.
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bp to grow leading US technology company that turns commercial buildings into virtual power plants
bp has acquired Blueprint Power (Blueprint), a US-based technology company whose technology can help turn buildings into a flexible power network by connecting them to energy markets through...
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Lukoil buys 15.5% stake in BP-led Shah Deniz gas project in $2.25B deal
Lukoil (LUKOY) says it has bought a 15.5% interest in the Shah Deniz offshore natural gas project in the Azerbaijan sector of the Caspian Sea from Malaysia's Petronas for...
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BP wins over Greenpeace in North Sea oil court case
BPBP and the U.K. government get a win over Greenpeace in Scotland's highest civil court in an attempt to void the company's license to drill a North Sea oilfield, Reuters...
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BP Prudhoe Bay Royalty Trust declares $0.0694 dividend
BP Prudhoe Bay Royalty Trust (NYSE:BPT) declares $0.0694/share quarterly dividend vs. $0.0244 prior dividend.Forward yield 6.82%Payable Oct. 20; for shareholders of record Oct.
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Why BP Stock Is Testing Yearly Highs Today
The stock is trying to get above the $29 level.
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London Markets: Utility shares rise as U.K. gas futures surge, while downpour throws more misery on London
London stocks rose Tuesday, getting a big lift again from energy stocks.
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BP to spend $269M in Washington's Cherry Point refinery
BP unveils plans to spend $269M on three projects at its Cherry Point refinery in Washington state, aimed at improving reducing its carbon dioxide emissions and increasing...
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BP, Eni seek to raise up to $2B for Angola JV - Reuters
[[BP]] and Eni (E) aim to raise $1.5B-$2B for their emerging oil and gas joint venture in Angola, as the companies seek to reduce their own debt to help build up renewables...
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REFINERY NEWS ROUNDUP: More news on closures in Asia-Pacific
Refinery closures remain in the spotlight in the Asia-Pacific region with news emerging on New Zealand’s Marsden Point and Australia’s Kwinana. ** New Zealand’s Refining NZ said it is...
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Asia needs carbon pricing for swift energy transition – BP exec
Asia needs to adopt a carbon pricing mechanism to help accelerate its transition towards lower emissions, a senior company official at oil major BP BP.L said. “A well designed carbon pricing...
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BP starts oil output at offshore Thunder Horse expansion project
Global oil major BP (LON:BP) Plc said on Tuesday it had started oil and gas production at its Thunder Horse South II offshore expansion project in the U.S. Gulf of Mexico. The initial two...
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BP starts Thunder Horse expansion project in Gulf of Mexico
BP says it has started production at he Thunder Horse South Expansion Phase 2 project, which is expected to increase output at the company's largest production
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London Markets: A ‘plague of locusts’ may be next, jokes Bank of England chief as country grapples with fuel and food shortages
The U.K. is being pummeled by problems lately, with the Bank of England chief warning of 'hard yards' ahead.
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Brent Oil Jumps Above $80 as Global Energy Crunch Shakes Markets
(Bloomberg) -- Brent oil topped $80 a barrel amid signs that demand is running ahead of supply, depleting inventories amid a global energy crunch. The global crude benchmark rose for a sixth...
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U.K. Fuel Panic Deepens the Pain in Crisis-Prone Economy
(Bloomberg) -- For Sof and Kridos Arnaoutis, the U.K.’s fuel crisis quickly evolved from an inconvenience that disrupted their weekend plans into a serious financial risk for their...
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European Energy Majors Gain as Prices Rise, Inventories Run Low
By Dhirendra Tripathi Investing.com – ADRs of European energy majors were trading higher in Monday’s premarket as oil prices strengthen and natural gas prices surge to seasonal highs ahead...
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London Markets: James Bond and Rolls Royce fight to keep London stocks in the black
London stocks cling to positive territory on Monday.
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BP says main fuel grades have gone dry at a third of its U.K. gas stations
[[BP]] says panic buying has caused 30% of its 1,200 gasoline stations in the U.K
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Can Oil Industry Giants Like Shell Provide Sustainable Jet Fuel By 2025?
Airlines and aviation are recovering from their COVID-19 tailspin, which parked 17,000 airliners in 2020. Meanwhile, aviation accounts for 3% of worldwide carbon emissions, but cutting back...
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BP Says Nearly a Third of Its UK Fuel Stations Running on Empty
BRIGHTON, England (Reuters) -BP said nearly a third of its British petrol stations had run out of the two main grades of fuel on Sunday as panic buying forced the government to suspend...
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News24.com | BP blames panic-buying for fuel shortage at UK stations
A lack of truck drivers, which had already left British supermarkets unable to fill their shelves, began to hit some fuelling stations earlier this week.
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Evergrande Doubts Revive, Bonds Stabilize, Nike Woe - What's Moving Markets
By Geoffrey Smith Investing.com -- Treasury bonds stabilize after their biggest one-day sell-off in months. Jerome Powell and two other top Fed officials may speak to that later. China...
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NAVTEK Proves First Zero-Emissions Tugboat Performance
Reaching beyond the one-year operational milestone of their zero-emissions tugboat, NAVTEK Naval Technologies, a leading designer of battery-powered tugboats, has proven the design and...
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Gas-to-oil switching could prompt OPEC+ reaction: BP economist
The OPEC+ alliance could be forced to react to the current spike in gas prices if it means a colder-than-average winter forces meaningful volumes of oil into the power generation sector, BP...
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BP closes some U.K. gas stations, reportedly may ration fuel deliveries
BP says it has temporarily closed some of its U.K
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BP may ration gasoline in U.K. due to truck driver shortage: report
BP may ration gasoline deliveries to its 1,200 gas stations in the U.K. due to a truck driver shortage, U.K. broadcaster ITV reported. BP says it is hopeful that fuels stocks at forecourts...
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Europe Markets: European stocks climb in second day bounce with banks and miners in the lead
Euroepan stocks shifted higher on Wednesday as investors waited for a Federal Reserve outcome and absorbed potententially positive news around indebted China Evergrande.
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BP gambles big on fast transition from oil to renewables
Deep in the Oman desert lies one of BP’s more lucrative projects, a mass of steel pipes and cooling towers that showcases the British energy giant’s pioneering natural gas extraction...
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Akari Therapeutics Reports Second Quarter 2021 Financial Results and Highlights Recent Clinical Progress
Currently opening sites for Phase III study of nomacopan in bullous pemphigoid (BP). Phase III study of nomacopan in severe pediatric hematopoietic stem cell transplant-related thrombotic...
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News24.com | BP traders lost almost R1.5 billion in African deal 'debacle'
BP's traders lost $100 million in a "debacle" of a deal with a West African commodities firm, according to details from a London employment lawsuit that offers a rare glimpse into the...
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Czech Central Banker Holub ‘quite likely’ to Support 50 bp Hike in Sept, Open to More
PRAGUE (Reuters) – Czech central banker Tomas Holub said that he would likely support a 50 basis point rate increase at the next policy meeting on Sept. 30, adding to signals that the...
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BP, Shell presence at United Nations climate conference set to be limited
[[BP]] and Royal Dutch Shell ([[RDS.A]], [[RDS.B]]) are disappointed at being sidelined at the United Nations climate conference which starts October 31 in Glasgow, Wall Street...
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Lightsource BP scores $1.8B credit facility for 25 GW solar target
Lightsource BP says it has secured a $1.8B credit facility to finance its plans to develop 25 GW of solar power generation capacity, with construction expected to begin by...
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bp, ADNOC and Masdar to form strategic partnership to provide clean energy solutions for UK and UAE
bp, ADNOC and Masdar have signed three agreements with the potential to lead to billions of dollars of investment into clean and low carbon energy, creating potentially thousands of energy...
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Investor group sets tough climate blueprint for Big Oil
Investors managing more than $10 trillion on Wednesday published an ambitious blueprint for energy companies seeking to tackle climate change, including sharp cuts to greenhouse gas...
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Natural gas looks to remain key component as companies, nations lower emissions
Although BP, North America’s most prolific gas marketer, plans to help lead the world’s energy transition and become a net-zero company by 2050 or sooner, natural gas will continue to be...
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