The great fossil fuel write-down: $17bn down – trillions to go? All information is provided free of charge, 'as-is', and you use it at your own risk. At the heart of BP’s reinvention is a reduction in oil and gas production and simultaneous growth in its renewables business.

MOSCOW, Oct 8 (Reuters) - Russian energy giant Rosneft The company noted that while the licences have been issued with immediate effect, the timing for implementation of the terms attached to the licences are yet to be formally agreed. Just how credible is BP’s carbon neutral promise? We need more than vague words from BP to stop the climate crisis. Welcome to the home for real-time coverage of European equity markets brought to you by Reuters Total production capacity from Block 61 - comprising both Khazzan and Ghazeer - is expected to rise to 1.5 billion cubic feet of gas a day and more than 65,000 barrels a day of associated condensate, BP said. Financial News Articles for Bp Plc $0.25 updated throughout the day.

Aveva was the worst blue-chip performer, down 4.5%. Datafeed and UK data supplied by NBTrader and Digital Look.


BP sells petrochemicals business to Sir Jim Ratcliffe’s Ineos for £4bn, BP to cut 10,000 jobs worldwide due to coronavirus pandemic, Oil lobbyists for UK firms push Norway to avoid strict Arctic curbs. Getting BP into a position where it can deliver profits from large-scale renewable energy projects will require lots of upfront spending. In a statement, seven local leaders from Merseyside including Metro mayor Steve Rotheram and Liverpool City mayor Joe Anderson said they had been told pubs, bars, betting shops, casinos, adult gaming centres and gyms would all have to close. The Anglo-Spanish multinational airline holding company said Doyle will be replacing Alex Cruz, who will step down as CEO & chair of British Airways but will remain as non-executive chair of this unit. It was also an opportunity to persuade shareholders to stick with BP after the company slashed its dividend by half in August. Trump's doctors gave him the all-clear Saturday to return to the campaign trail after he was ruled no longer a coronavirus transmission risk – although he has yet to be declared virus-free, and his immunity claim is unproven. "These are simple things. Royal Dutch Shell Plc, which also made a deep cut to its dividend this year, is barely trading above the post-pandemic share price low reached in March. 'industry_sector' : 'Downstream,Upstream',

London South East does not authorise or approve this content, and reserves the right to remove items at its discretion. Chief Executive Officer Bernard Looney and his new management team gave more than 10 hours of presentations over three days last week, in a bid to show the world that the oil and gas giant could adapt to a low-carbon future without sacrificing returns. London shares were flat to higher as investors brace for the introduction of new local Covid-19 restrictions from UK Prime Minister Boris Johnson. The industrial and business software provider said its order pipeline for the remainder of the financial year is strong, supported by a higher volume of contract renewals, including major Global Account contracts, as well as the contracts that slipped from the second quarter. The company made a $1.1 billion splash in offshore wind earlier this month, buying a stake in developments owned by fellow oil giant Equinor ASA. It added it has completed syndication of a GBP250 million revolving credit facility, with HSBC Holdings and Banco Santander joining JPMorgan Chase, Barclays and BNP Paribas as providers of the facility. * Wpd has 19.85 gigawatt renewable project pipeline* Cites decades of experience* Wpd is active in 25 countries, including Taiwan Exxon Mobil Corp., the U.S. giant that shows little intention of transitioning to renewable energy and is still pumping huge amounts of money into hydrocarbon projects, has the highest dividend yield of all.

BP News Headlines. GVC said the German regulator issued licences for the bwin, SportingBet, Ladbrokes and Gamebookers brands, allowing each brand to offer sports-betting products to customers across Germany.

Looney took over as CEO in February, but the so-called “BP Week” this month was his big moment, designed to put flesh on the bones of a bold plan to become a “net-zero” energy company by 2050. Manchester, meanwhile, was resisting moves to require it to close pubs and bars, arguing that it should be placed in the less restrictive Tier 2 category.

'published_date' : '2020-09-25', over the Nagorno-Karabakh region have heightened.Armenia and Azerbaij... LONDON MARKET CLOSE: FTSE Struggles As Oil And Mining Stocks Fall. 'tag' : 'Health_Safety_Environment,Analysis_Trends', “This will require discipline from the company, ensuring a delicate balance between working toward decarbonization targets while achieving attractive returns for shareholders.”. We could do it as stand-alone bills, or an omnibus bill, or whatever. Total SA has so far done a better job of maintaining investor confidence in its energy-transition plan. second-la... monthly and annualsubscriptions available. 'content_origin' : 'Rigzone Staff',