BP and ADNOC to form gas joint venture in Egypt DUBAI: Global oil major BP and state-owned Abu Dhabi National Oil Company will form a joint venture in Egypt that... Published 14 Feb, 2024 02:51pm
Business & Finance BP bags bumper 2023 profits, rewards investors LONDON: British energy giant BP logged multi-billion-dollar annual profits Tuesday despite lower oil prices and... Published 12 Feb, 2024 06:25am
Markets Energy heavyweights push European shares higher PARIS: European stocks advanced on Tuesday as bumper earnings from BP and higher crude prices propelled energy ... Published 07 Feb, 2024 05:30am
Business & Finance BP sticking with energy transition strategy: interim CEO LONDON: BP’s interim CEO Murray Auchincloss said on Wednesday the company won’t be derailed from its energy... Published 18 Sep, 2023 06:32am
Markets BP urges more oil, gas investment while speeding energy transition NEW DELHI: Global oil major BP said the world must invest in the production of oil and gas to avoid to sharp price... Published 26 Aug, 2023 02:46pm
Markets BP backs green hydrogen start-up aiming to cut fuel’s costs LONDON: BP has invested in a start-up company developing technology seeking to use vapour from heavy industry to... Published 21 Aug, 2023 06:43am
Business & Finance BP, Total win in $14bn German offshore wind site tender FRANKFURT/LON DON: Oil majors BP and TotalEnergies emerged as the winners in a 7 gigawatt (GW) offshore wind site... Published 17 Jul, 2023 03:47am
Markets BP settles US natgas market manipulation case for $10.75m NEW YORK: Oil major BP agreed to pay a civil penalty of $10.75 million to cover allegations company traders... Published 12 Jul, 2023 06:39am
Business & Finance BP’s profit rises to $5bn as share buyback slows LONDON: BP made a profit of $5 billion in the first quarter of 2023, up from the previous three months on the back ... Published 08 May, 2023 06:40am
Business & Finance Shell agrees to sell Australian Browse gas stake to BP SYDNEY: Shell has agreed to sell its 27% stake in the long-delayed Browse gas project off Western Australia to BP,... Published 29 Apr, 2023 09:50am
Opinion Oil and gas profits fuel UK worker demands for just energy future When Scott Agnew worked on deep sea oil and gas tankers and cargo boats in the 1980s, he used to count whales and... Published 07 Mar, 2023 03:16am
Business & Finance BP makes record profit of $28bn in 2022 LONDON: BP reported on Tuesday a record profit of $28 billion for 2022 and hiked its dividend, but infuriated ... Published 13 Feb, 2023 05:57am
Markets Supported by BP, FTSE 100 rises 0.4pc LONDON: UK’s FTSE 100 closed higher on Tuesday as bumper earnings from oil giant BP supported the resources-heavy... Published 08 Feb, 2023 06:10am
Markets BP profit soars to record $28bn, dividend increased LONDON: BP on Tuesday reported a record profit of $28 billion for 2022, lifted by the surge in energy prices since... Published 07 Feb, 2023 02:06pm
Markets FTSE 100 in sight of record high as financial stocks gain LONDON: Britain’s blue-chip FTSE 100 closed higher on Monday, leaving it less than a percent below the record high... Published 17 Jan, 2023 06:02am
Markets BP raises oil investments in US as inflation hits HOUSTON: BP PLC said on Wednesday it planned to expand investments in the Gulf of Mexico and Texas, where it has its... Published 04 Jan, 2023 08:41pm
Markets China’s Shenzhen Energy signs long-term LNG contract with BP SINGAPORE: China’s Shenzhen Energy Group has signed a long-term agreement with oil major BP to buy liquefied natural... Published 26 Nov, 2022 10:09am
Markets Oil stocks power FTSE 100 LONDON: The FTSE 100 jumped to a two-month high on Tuesday, as oil stocks bounced back following a bullish comment ... Published 23 Nov, 2022 05:55am
Business & Finance BP quarterly profit surges on high energy prices LONDON: BP said Tuesday that underlying third-quarter profit more than doubled on high commodity prices after key... Published 07 Nov, 2022 06:34am
Business & Finance BP to buy US renewable gas firm for $4.1bn LONDON: BP has agreed to buy US renewable gas producer Archaea for $4.1 billion to help the British oil giant reach... Published 17 Oct, 2022 06:41pm
Markets Miners and energy stocks help FTSE 100 end volatile week higher LONDON: UK’s blue-chip index ended higher on Friday, as a surge in energy and mining stocks capped a volatile week... Published 12 Sep, 2022 06:01am
Markets UK’s FTSE 100 falls as weak oil drags on commodity-linked stocks Energy and mining stocks fall Rio Tinto to face US lawsuit Published 08 Sep, 2022 05:43am
Business & Finance Saudi Aramco profit soars on higher prices and refining margins DUBAI: State oil giant Saudi Aramco on Sunday reported its highest quarterly profit since the company went public in... Published 15 Aug, 2022 05:41am
Markets Cyclical rally drives FTSE 100 to 2-month closing high LONDON: Britain’s blue-chip index closed at a two-month high on Monday, boosted by economically sensitive sectors... Published 09 Aug, 2022 03:37am
Business & Finance BP boost dividend after profit hits 14-year high LONDON: BP’s second quarter profit soared to $8.45 billion, its highest in 14 years, as strong refining margins and... Published 02 Aug, 2022 12:10pm
Markets Oil stocks lift FTSE 100 LONDON: Britain’s top share index climbed on Monday as stable crude prices boosted oil stocks, while investors ... Published 05 Jul, 2022 05:19am
Markets Stocks mostly advance as optimism creeps back in LONDON: European and Asian stocks mostly advanced Monday as investors tentatively regained some optimism following... Published 05 Jul, 2022 05:19am
Markets FTSE 100 rises LONDON: London’s FTSE 100 rose on Monday, boosted by gains in financial and energy stocks, after the blue-chip... Published 21 Jun, 2022 05:51am
Markets BP buys $36bn Australian renewables project SYDNEY: Fossil fuel giant BP revealed Wednesday it was taking a 40.5 percent stake in an Australian energy project... Published 16 Jun, 2022 06:03am
Markets Russian diesel discount spreads to European barge market LONDON: A steep discount in Russian diesel prices compared with fuel produced by other countries has spread to the... Published 02 Jun, 2022 06:19am
