Accelera by Cummins to supply electrolyser for bp’s green hydrogen
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BP boss vows to ‘reset’ strategy after annual profits slump
BP boss vows to ‘reset’ strategy after annual profits slump - The FTSE 100 firm reported a 36% drop in profits to £7 billion, ...
BP: Strategy Shift, Stock Buybacks, Cheap P/E
BP p.l.c.'s Q4 earnings dropped 61% Y/Y due to lower petroleum prices and refining margins. Read why I remain very bullish on ...
BP Vows ‘Fundamental Reset’ in Strategy as Profit Plunges
The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...
BP set to scale back green investments
BP's net income fell to $8.9bn (£7.2bn) in 2024, down from $13.8bn the previous year. It said lower oil and gas prices, plus ...
BP plans six new gas wells to sustain output from Azeri Caspian Sea field
BP plans to add six new wells to its operation in Azerbaijan's Shah Deniz gas field in the Caspian Sea to ensure stable ...
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BP discovers significant oil and gas reserves in Egypt’s King Mariout offshore block
The King exploration well is positioned close to BP's current facilities and subsea pipelines in the West Nile Delta project.
Total, Aker BP seek bigger stakes in giant Equinor oilfield
TotalEnergies and Aker BP are seeking an independent review of their stakes in Equinor's Johan Sverdrup oilfield with a goal ...
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Aker BP picks Aucotec to digitalize North Sea project
Aker BP reported Jan. 30 that it’s selected Aucotec to help implement its digital infrastructure at the Yggdrasil oil and gas ...
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BP signs key agreement with Asian engineering heavyweight
The two players on Tuesday signed a memorandum of understanding on the sidelines of India Energy Week (IEW) in New Delhi ...
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Aker BP chief identifies Norway’s enormous remaining potential
In an earnings call on Wednesday, chief executive Karl Johnny Hersvik estimated that the total remaining resources of the ...
BP vows ‘fundamental reset’ as profit plunges
BP is likely to reduce spending on low-emissions energy technologies like wind and hydrogen and try to boost oil and natural gas production, analysts say.