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BP warns of 4th quarter profit hit
BP expects weaker Q4 2024 performance, reschedules capital markets day
BP expects lower production in the upstream segment in the fourth quarter (Q4) compared with Q3, affecting both oil production and operations and gas and low-carbon energy.
BP warns of fourth-quarter profit hit, postpones capital markets day
BP warned that its fourth-quarter results will be hit by weaker oil and gas production, refining margins and trading, while also delaying a highly-anticipated investor day due to a medical procedure undergone by CEO Murray Auchincloss.
BP warns of weak fourth-quarter profits
BP is warning of weak fourth-quarter profits as a result of weaker production, refining margins and trading.
BP Expects Upstream Production to Fall On Quarter
The British oil-and-gas company on Tuesday also said its gas and low carbon energy division will be boosted by higher natural-gas market prices.
BP warns of fourth quarter profit hit as production and refining margins fall
BP warned on Tuesday that lower production, weak refining margins and sluggish trading would see its profit in the fourth quarter of 2024 fall from the previous three months. Since taking the helm a year ago,
BP Warns of Weak Q4 Results and Delays Capital Markets Day
BP plc BP has cautioned investors about weak fourth-quarter results due to declining oil and gas production, reduced refining margins and trading setbacks. The company also revealed a delay in its highly anticipated investor day,
BP, Iraq and Kirkuk
Iraq and BP to sign Kirkuk oil and gas deal by first week of Feb, oil minister says
Iraq and British oil major BP will sign a mammoth deal covering four Kirkuk oil and gas fields by the first week of February, Oil Minister Hayan Abdel-Ghani told Reuters during a visit to Britain. He said it would be larger than a 2023 TotalEnergies deal in Basra,
Iraq, BP to sign mammoth Kirkuk oil, gas deal in early February
Iraq and British oil giant BP are set to finalize a major agreement involving four oil and gas fields in the northern city of Kirkuk in early February,
BP Nears Deals For Oil Fields, Curbs On Gas Flaring In Iraq
Iraq and British oil giant BP are set to finalise a deal by early February to develop four oil fields in Kirkuk and curb gas flaring, Iraqi authorities announced Wednesday.
2d
‘That should be illegal’: Man issues warning about using BP gas stations. He says it happens all the time
Following this declaration of ire against BP, he delineates why this is the case. “Because when you’re at the fuel station, you always have to put the black handle for diesel. Don’t confuse the green ...
Upstream
5h
BP kick-starts key tender for $7 billion Tangguh UCC project
UK supermajor BP has launched the tender for a key contract for its Tangguh UCC project, which has the potential to unlock ...
19h
BP p.l.c. Hold Rating Amid Strategic Transition Challenges and Financial Volatility
BP p.l.c. (BP – Research Report), the Energy sector company, was revisited by a Wall Street analyst today. Analyst Christopher Kuplent from ...
1d
BP Warns of Lower Oil, Gas Output in Q4 Update
BP p.l.c. (NYSE:BP) shares fell premarket on Tuesday after the company updated fourth-quarter guidance. The company expects ...
6d
BP projects 44% jump in oil output from India's largest field, ONGC says
Global energy major BP has pledged to lift oil production by 44% and gas output by 89% from India's largest field off its ...
22h
Barclays Keeps Their Buy Rating on BP p.l.c. (BP)
Barclays analyst Lydia Rainforth maintained a Buy rating on BP p.l.c. (BP – Research Report) today and set a price target of £6.50. The ...
1d
BP Prudhoe Bay Royalty Trust To Liquidate Assets For Less Than Market Price
Read here for BPT Trustee's forced termination article, predicting potential equity wipeout and near term price target of ...
1d
Pressure mounts on BP chief as investor patience wanes
In the five quarters Auchincloss has presided over since becoming interim chief executive in September 2023, BP has missed ...
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