BP low carbon boss calls U.S. offshore wind industry 'fundamentally broken'
The head of BP's gas & low carbon business said on Wednesday the U.S. offshore wind industry is "fundamentally broken" but issues can be resolved, after BP and partner Equinor wrote down $840 milli...
BP cut to underweight at JPMorgan after third-quarter results
BP UK:BP BP was downgraded to underweight from neutral at JPMorgan, following the oil major's third-quarter results. “This year is revealing BP's cashflows as increasingly leveraged to wider standa...
Weir Group hires BP's Brian Puffer, reiterates 2023 guidance
The Weir Group PLC (LSE:WEIR) has appointed Brian Puffer, the chief financial and risk officer at BP PLC (LSE:BP.)'s supply and trading unit, as its chief financial officer.
BP's Earnings Show Why Gas Prices Could Keep Falling
The main reason for the decline in gas prices comes at the refinery level, where crude oil is turned into gasoline.
BP PLC (BP) Q3 2023 Earnings Call Transcript
BP PLC (NYSE:BP ) Q3 2023 Earnings Conference Call October 31, 2023 5:00 AM ET Company Participants Murray Auchincloss - Interim CEO & Director Katherine Thomson - SVP, Finance for Production & Ope...
BP's disappointing profit a kitchen sinking exercise or just a bad quarter?
BP PLC (LSE:BP.) third-quarter results were expected to show monster profits but turned out to be a Halloween fright instead.
BP Q3 Earnings Miss Estimates, Revenues Fall Year Over Year
BP's Q3 earnings get impacted by lower realizations of commodity prices and a decline in refinery throughputs.
BP shares fall as oil major misses earnings expectations on gas trading
Shares in BP dropped sharply on Tuesday after the British oil major fell short of analysts' expectations in posting a 60% drop in its third-quarter profits, following a weak performance from its ga...
BP Misses on Profit. The Stock Is Falling.
BP maintained its dividend and extended its share buyback program.
BP sees £4bn wiped from its value after Q3 earnings miss
BP PLC (LSE:BP.) reported a substantial decline in profits for the third quarter, falling short of analysts' expectations and wiping more than £4 billion off the company's market value.
World Bank says oil prices could hit $150 a barrel
The World Bank has cautioned that escalating conflict in the Middle East could propel oil prices to over $150 per barrel, triggering significant increases in energy and food costs worldwide. This c...
BP CEO Auchincloss says BP, Equinor assessing New York's wind plan
BP remains committed to its offshore wind growth plans after the energy company booked a $540 million impairment on two U.S. projects, CEO Murray Auchincloss told Reuters on Tuesday.
BP profit more than halves, missing City expectations
BP PLC (LSE:BP.)'s profit more than halved in the third quarter, falling short of City forecasts, as weak results in gas marketing offset a strong performance in oil trading.
BP's Q3 profits drop sharply, buybacks extended
BP reported on Tuesday third-quarter earnings of $3.3 billion, missing analysts' forecasts, after a large drop in energy prices from a year ago, as the company extended its $1.5 billion share repur...
Oil major BP misses estimates for third quarter as profits plummet
This quarter, former CEO Bob Dudley left the oil major over failure to disclose relationships with colleagues this quarter.
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