BP expects a rise in upstream production and higher refining margins in its products segment to boost earnings, but warned of a weak contribution from its oil trading division.
BP expects third-quarter upstream production to rise from the previous quarter and anticipates a boost of up to $400 million from higher refining margins in its products segment.
BP Plc said that oil demand is going to keep growing for the rest of this decade, rowing back on its prior projection that the high point could come as soon as this year.
Rising consumption in emerging markets, sluggish energy efficiency gains, geopolitical tensions and the persisting use of petrochemicals all point to peak demand in 2030 at the earliest, the oil giant ...
Petrobras offers compelling value with a high ~13% dividend yield and significant production growth potential. See why PBR ...
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Investing.com -- BP’s new chair Albert Manifold told staff on Tuesday that the company’s portfolio was “overly complex” and ...
The bp Energy Outlook 2025 said that geopolitical fragmentation would lead to a decline in global trade and worsen energy ...
Funding from the Gulf Coast Restoration Fund will cover costs for the 294-space parking garage that will be given to the city ...
Albert Manifold’s message signaled more asset sales as it attempts to shore up its balance sheet while boosting valuations ...
Takeover speculation regarding British energy major BP appears to have dried up, with shares of the company up more than 32% since early April.
U.S. oil producer ConocoPhillips sees global demand returning to 100 million barrels per day and growing from there, with oil an "important part of the energy mix in any scenario" going forward, a ...