52 Week Range
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BP Starts Production From Ghazeer Gas Field In Oman
BP Says £21 Mln EV Charging Contract Awarded By Police Scotland To BP Chargemaster
BP Says Co And Five Other Businesses Launch Integrated Advocacy Campaign
BP p.l.c. is engaged in the global energy business with operations in Europe, North and South America, Australasia, Asia and Africa. The Company provides customers with fuel for transport, energy for heat and light, power for industry, and the petrochemicals products used to make everyday items such as paints, clothes and packaging. The Company's segments include Upstream, Downstream, Rosneft, and Other businesses and corporate. The Upstream segment is responsible for its activities in oil and natural gas exploration, field development and production. The Downstream segment has global marketing and manufacturing operations, and include the fuels, lubricants and petrochemicals business of the Company. Rosneft is the Company's Russian refining business that owns and operates approximately 13 refineries in Russia, and holds stakes in three refineries in Germany, one in India and one in Belarus.
Oil & Gas Operations
1 St. James's Square
Non-Executive Independent Chairman of the Board
Group Executive Officer, Executive Director
Chief Financial Officer, Executive Vice President - Finance
Chief Executive - Downstream
Executive Vice President - People and Culture
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(This 16th October story corrects BP role to clarify it did not invest in plant)
BP Plc <BP.L> on Monday said it has redeployed offshore personnel to facilities in the deepwater Gulf of Mexico and is in the process of returning to normal operations and bringing production back online.
London stocks were subdued on Monday as a dip in oil prices hit energy stocks, while investors remained cautious with Prime Minister Boris Johnson expected to set out new measures to try to contain the growing coronavirus crisis.
BP Plc <BP.L> said on Monday that it is evacuating non-essential personnel from its four offshore platforms in the Gulf of Mexico as a precaution against Tropical Storm Delta.
(In September 24 story, corrects projected U.S. shale output to likely struggling to achieve 7 million bpd by 2022 instead of likely falling by 4 million bpd in 2022, paragraph 4)
Fossil fuel consumption is set to shrink for the first time in modern history as climate policies boost renewable energy while the coronavirus epidemic leaves a lasting effect on global energy demand, BP said in a forecast.
BP Plc <BP.L> said on Sunday it evacuated non-essential workers from its Nakika and Thunderhorse platforms in the northeastern Gulf of Mexico because of the threat from Tropical Storm Sally.
The 102,000 barrel per day coker at BP's refinery in Whiting, Indiana will remain offline for 2-3 weeks due to an unplanned issue, according to a source familiar with the matter.
BP entered the offshore wind market on Thursday with a $1.1 billion deal to buy 50% stakes in two U.S. developments from Norway's Equinor, a significant step by the oil firm towards its energy transition goals.
Norway's Equinor expects to book a profit of around $1 billion from its sale of a 50% stake in two U.S. offshore wind power developments to BP, a company executive told Reuters on Thursday.
BP Plc <BP.PLC> on Thursday said its preparing to return its Gulf of Mexico facilities to operations after shutting production due to tropical storm Marco and Hurricane Laura.
BP, Shell and Chevron Corp on Friday said they had begun evacuating offshore oil facilities, with two tropical cyclones heading toward the U.S Gulf of Mexico as the already active 2020 Atlantic hurricane season heats up further.
London's FTSE 100 dipped on Wednesday as lower oil prices dented trading in energy stocks, while investors digested a surprise rise in domestic inflation last month.
Oil major BP said on Thursday that output at its projects in Azerbaijan had fallen to 498,000 barrels per day (bpd) in the first half of 2020, down from 542,000 bpd in the same period last year.
An employee of BP Plc's <BP.L> Australian refinery who was fired last year for mocking management online using a well-known meme of Adolf Hitler has been awarded more than A$200,000 ($143,100) in compensation.
BP <BP.L> will need to invest tens of billions of dollars over the next decade and may have to accept lower returns than it can get from oil if it is to meet its target of becoming one of the world's largest renewable power generators.
BP Plc started up a new naphtha hydrotreater (NHT) this week at its 435,000 barrel-per-day Whiting, Indiana, refinery, said company spokeswoman Sarah Howell.
BP <BP.L> is preparing to sell a large chunk of its oil and gas assets even if crude prices bounce back from the COVID-19 crash because it wants to invest more in renewable energy, three sources familiar with BP's thinking said.
BP Midstream Partners LP pipeline volumes fell roughly 10% in the second financial quarter as efforts to curb the spread of the coronavirus pandemic slashed fuel demand, company executives said on Thursday.
A surge in BP shares after it laid out plans to cut its oil and gas output and boost investments in renewable energy offset disappointing earnings reports including from spirits maker Diageo, although European stocks closed largely flat.
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