BP (BP) Suffers a Larger Drop Than the General Market: Key Insights

BP (BP) concluded the recent trading session at $35.76, signifying a -0.67% move from its prior day's close.

BP and Equinor Cancel Big New York Offshore Wind Project

The project, known as Empire Wind 2, was expected to be installed 15 to 30 miles off the coast of Long Island.

BP, L&G, Lloyds and Tesla most bought shares for UK investors in 2023, bargain hunting rules in December

BP PLC (LSE:BP.), Legal & General Group PLC (LSE:LGEN) and Lloyds Banking Group PLC (LSE:LLOY) remained the most bought shares by UK small private investors in 2023 on most platforms, though Tesla ...

Equinor and BP cancel contract to sell offshore wind power to New York

Equinor and BP terminated on Wednesday their agreement to sell power to New York state from their 1,260-megawatt Empire Wind 2 offshore wind farm, citing rising inflation, higher borrowing costs, a...

Why the Market Dipped But BP (BP) Gained Today

BP (BP) closed at $35.40 in the latest trading session, marking a +0.2% move from the prior day.

Quest For Next BP CEO May Drag On Well Into Q1 2024

Even though energy giant BP (LON: BP) is remaining tight lipped, the hunt for its next CEO will likely drag on well into Q1 2024. The FTSE 100 company has been without a permanent boss since the un...

The Last Fallen Angel For 2024

BP p.l.c. is the quintessential oil and gas company that has taken good care of shareholders but has fallen 26.71% over the past 10 years. Despite its decline, BP has a strong dividend yield of jus...

Inflation Outlook Is Clouded by Shipping. Disruptions Hit Everyone From Ikea to BP.

The attacks on container-carrying vessels in the Red Sea and drought in the Panama Canal have cut off two of the world's most important arteries for trade.

Chill Brands' Chill ZERO vapes heading to Shell, BP and Esso stores

Chill Brands Group PLC (LSE:CHLL, OTCQB:CHBRF) has received a “substantial initial purchase order” for its Chill ZERO nicotine-free vapour products from a prominent UK petrol station operator tradi...

Ikea facing shipment delays after Red Sea attacks

Ikea has warned of shipment delays on the back of recent attacks on vessels in the Red Sea. The Swedish furniture retailer has become the latest to issue such a warning, given an increasing number ...

BP and Shell join in largest oil auction since 2015

An auction for drilling rights in the Gulf of Mexico, spearheaded by the Biden administration, has successfully concluded, generating US$382 million in revenues. Oil firms such as Shell PLC (LSE:SH...

Oil companies offer $382 million for drilling rights in Gulf of Mexico in last offshore sale before 2025

WASHINGTON — Oil companies offered $382 million for drilling rights in the Gulf of Mexico on Wednesday after courts rejected the Biden administration's plans to scale back the sale to protect an en...

BP (BP) Outperforms Broader Market: What You Need to Know

In the most recent trading session, BP (BP) closed at $35.40, indicating a +0.8% shift from the previous trading day.

U.S. launches naval coalition to halt Houthi attacks on Red Sea shipping

U.S. Defense Secretary Lloyd Austin announced a new international effort to thwart attacks on commercial shipping in the Red Sea that have helped trigger a rally in oil prices and saddled merchants...

BP Halts Red Sea Voyages Amid Rising Geopolitical Tensions

BP joins other major companies in pausing all tanker transits through the Red Sea, altering shipping routes for safety and security.


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