BP stock was heading higher Wednesday morning after the Wall Street Journal reported that the European oil giant was planning to narrow its investments in renewable energy. The former British Petroleu...
Tag: UK:BP
BP Cuts Long-Term Oil and Gas Demand Outlook. It’s Good News for Renewables.
BP lowered its long-term oil and gas demand outlook as it said Russia’s war in Ukraine will accelerate the global shift toward renewable energy in a report Monday. In its 2023 energy outlook, the Brit...
BP and Shell Are a Buy in 2023. Why They’re Cheaper Than U.S. Oil Giants.
It was a great year for oil companies such as Exxon Chevron Shell and BP But the giants of European energy are still trading at significantly lower valuations than their American counterparts, which m...
BP Buys Renewable Natural-Gas Company in $4.1 Billion Deal
By Chris Wack Oct. 17, 2022 8:17 am ET Listen to article (1 minute) Archaea Energy said Monday it is being bought by BP PLC for $26 a share in cash, or a total enterprise value of $4.1 billion, includ...
BP Stock Regains Some Ground After Fire at Refinery Leaves Two Dead
Text size BP is the operator at the Toledo, Ohio refinery where two workers died in an accident on Wednesday. Greame Robertson/Getty Images Shares of oil giant BP (ticker: BP) retraced some of their l...
TotalEnergies, Equinor, and Other Oil Companies With Attractive Dividends
Equinor, TotalEnergies, and Repsol are up sharply this year—but their solid dividend outlooks make them worth hanging onto. Even Kleppa/Oyvind Gravas, Woldcam AS Text size Some of Europe’s lesser-know...
Exxon’s Investments Are Paying Off. Expect Big Dividends, Buybacks.
Text size Exxon has been investing in its refining business while others in the industry have been holding back. Eric Thayer/Getty Images Exxon Mobil has zigged where other giant energy companies have...