Oil and gas multinational BP has taken full ownership of Lightsource BP, completing an acquisition first announced in November 2023. The deal for the outstanding 50.03% of the onshore renewables ...
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%.
Lightsource bp expands bp's presence globally in the onshore renewable energy industry, with a 62GW development pipeline and operations spanning 19 global markets'. Image by jewhyte via iStock BP ...
BP (NYSE: BP) booked third-quarter earnings above analyst expectations, although the profit was lower from a year earlier and the second quarter amid weaker oil prices and low refining margins. BP ...
By Stanley Reed Reporting from London BP’s share price fell more than 3 percent on Tuesday after the energy giant reported its lowest quarterly earnings in almost four years and suggested it ...
According to Reuters, BP's management has abandoned its previous target to reduce production, now aiming to "reset" its strategy in favor of more oil & gas. Essentially following Shell's playbook ...
BP on Tuesday beat expectations for its earnings, despite posting a sharp 31% drop in its profits to $2.3 billion for the third quarter of 2024. The British oil major’s third-quarter results saw ...
Lightsource bp has a global portfolio spanning 19 regions, including Texas (above). Image: Lightsource BP. Oil and gas major bp has officially acquired solar PV developer Lightsource bp ...
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 ...
For more financial news, go to the News24 Business front page. Oil giant BP South Africa has confirmed that it is experiencing a fuel shortage at its service stations in Cape Town after an unplanned ...
BP’sBP-1.53%decrease; red down pointing triangle profit tumbled in the third quarter, although less than expected, as weak oil prices and refining margins continue to weigh on the energy sector ...
LONDON, Oct 22 (Reuters) - BP's (BP.L), opens new tab head of liquefied natural gas (LNG) trading, Jonty Shepard, will be leaving the company at the end of the year. Shepard said in a LinkedIn ...