Tucked inside a 32-page earnings report, oil and gas giant BP revealed it was killing 18 early-stage hydrogen projects, a move that could have a chilling effect on the nascent hydrogen industry.
BP (BP) is abandoning 18 early-stage hydrogen projects, in a move that will save the company $200M annually and help bolster its bottom line, TechCrunch’s Tim De Chant reports. The nascent ...
BP Q3 revenue fell short at $47.25B, below the $52.56B consensus, with oil production down 6% YoY. Despite a slight earnings beat, BP shares dip premarket amid weaker cash flow, high capex, and ...
Wells Fargo analyst Roger Read has maintained their neutral stance on BP stock, giving a Hold rating on October 15. Roger Read has given his Hold rating due to a combination of factors surrounding ...
BP is looking at a possible sale of a minority stake in its offshore wind business, according to reports. The oil & gas major has engaged Bank of America to help identify partners for offshore wind, ...
LONDON (Reuters) -BP is considering selling a minority stake in its offshore wind business, according to four sources with knowledge of the matter, the latest effort by CEO Murray Auchincloss to ...
BP Plc raised the possibility that its share buybacks could slow next year from the $1.75 billion quarterly pace seen in 2024, as weaker oil prices push its debt higher. Shares fell. The British ...
Cost Savings Target: Over $0.5 billion in 2025, aiming for at least $2 billion by 2026. BP PLC (NYSE:BP) reported a 3% increase in upstream production year-to-date, with liquids production up 5%.
Activist investor Bluebell Capital Partners is calling for the ouster of BP (NYSE:BP) Chairman Heldge Lund due to the oil giant's performance. London-based Bluebell has written to the board twice ...
LONDON, Oct 17 (Reuters) - BP (BP.L), opens new tab is considering selling a minority stake in its offshore wind business, according to four sources with knowledge of the matter, the latest effort ...