BP plc (BP) and the Abu Dhabi National Oil Company (“ADNOC”) have decided to halt their $2 billion bid to acquire a 50% stake in Israeli gas field operator NewMed Energy. The move was a result of the Israeli company citing “uncertainty created by the external environment” as the reason behind the suspension, according to a statement released on Wednesday. NewMed holds the largest stake in the Leviathan offshore field, a significant gas reservoir operated by Chevron Corporation (CVX) , which plays a crucial ...

BP PLC (LSE:BP.) appears confident in hitting pre-tax earnings of between US$46 billion and US$49 billion by 2025, UBS analysts have said following recent meetings with the oil giant. “This confidence comes from the high grading of its upstream portfolio through the ramp-up of higher-margin projects, increased presence in the liquified natural gas and power trading markets and integration of acquisitions already made,” a Thursday note said. Production capacity for some 100,000 barrels of oil equivalent per ...

BP plc’s (BP) chief executive Bernard Looney faced a significant blow to his total compensation in 2023, as revealed in the company's annual report. Looney, who resigned abruptly in September 2023, incurred a £1.8 million reduction in his compensation due to the penalties levied by the London-based oil and gas giant. BP attributed the financial setback to Looney's failure to disclose his relationship with colleagues to the company's board, deeming his actions as serious misconduct. The board's decision to d ...

A view of the platform of the Leviathan natural gas field in the Mediterranean Sea is pictured from the Israeli northern coastal beach of Nasholim, on August 29, 2022. DUBAI, United Arab Emirates — Plans for a 50% stake purchase by energy major BP and Abu Dhabi National Oil Company (Adnoc) in Israeli gas producer NewMed are on hold because of regional turbulence, NewMed said Wednesday. The three companies "have agreed, due to the uncertainty created by the external environment, to suspend discussions in rel ...

NEW YORK, March 11, 2024 /PRNewswire/ -- BP p.l.c. ("BP") (NYSE: BP) (LSE: BP) today announced the early tender results for the previously announced cash tender offer by its wholly-owned subsidiary BP Capital Markets p.l.c. (the "Offeror") to purchase for cash any validly tendered (and not validly withdrawn) and accepted Notes up to an aggregate principal amount of $1,300,000,000 (the "Offer Cap") of Notes issued by the Offeror (the "Tender Offer"). The Tender Offer is being made upon the terms and subject ...

Economies across the world are gradually transitioning to cleaner energy sources. There has been a steady increase in pressure on energy companies to act on climate change on multiple fronts. Most analysts believe that although renewable energy will meet future energy needs, it will not completely wipe out oil and natural gas demand. Demand for fossil fuels will also grow but at a slower pace. The U.S. Energy Information Administration, in its Annual Energy Outlook 2023, stated that through 2050, renewables ...

Aviva PLC (LSE:AV.) boss Amanda Blanc is going from strength to strength after it was announced she will taking a senior board position at BP. In the first boardroom shakeup at the oil giant, since CEO Bernard Looney left, Blanc will become a senior independent director. Blanc was appointed to BP's board as a non-executive director in September 2022 and is a member of the group's governance and people committee. The switch will take place at BP's AGM in April and will see Blanc replace Paula Reynolds, who e ...

Bernard Looney事件 - Bernard Looney将他的最后一年奖金中价值数十万英镑的一部分返还给BP[1] - Looney因与同事发生多起浪漫关系而在去年九月辞职，BP发现他故意对此进行了欺骗[3] Murray Auchincloss任命 - Looney的继任者Murray Auchincloss去年薪酬超过800万英镑，他在去年九月接任，随后在一月被正式任命[4]

Wavetop/iStock via Getty Images Foreword This article is based on two January Barron's Weekly articles aimed at revealing 36 select stocks for the New Year 2024. Those two articles were: Interest rates will come down, but [Barron's] panelists don't see another magnificent year for stocks. Eight picks to beat the odds. With a few exceptions, the members of the 2024 Barron's Roundtable expect the stock market to disappoint, with the index delivering returns of minus-5% to plus-5% for the full year. No, they d ...

公司基本信息 - 公司总部位于英国伦敦[2] - 公司在纽约证券交易所上市，股票代码为BP[4] - 公司拥有多种不同期限和利率的保证债券[4] - 公司普通股每股面值为25美分，总共发行了17,900,800,485股[5] 公司战略规划 - 公司将重点发展五大转型增长引擎[8] - 公司的战略是围绕三大活动领域展开，包括五大转型增长引擎[8] - 公司的可持续发展框架和整合力量支撑并连接所有活动[8] 公司业绩 - 公司在2023年表现出强劲的运营和财务业绩[12] - 公司在2023年取得了显著进展[13] - 公司在2023年全球石油消费量同比增长2.3%[17] - 公司在2023年全球天然气消费量预计增长0.2%[17] - 公司在2023年全球太阳能和风能装机容量预计同比增长45%[17] 公司财务数据 - 公司在2023年第四季度实现了盈利[1] - 公司在2023年第四季度的总收入为20.2亿美元[1] - 公司在2023年第四季度的净利润同比增长了15%[1] - 公司在2023年第四季度的市场份额增长了2%[1] - 公司在2023年第四季度实现了创纪录的收入[1]