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LONDON, April 23 (Reuters) - BP (BP.L), opens new tab may be forced to cut or even scrap its share buyback programmes over the next year unless oil prices recover, analysts say, adding that would ...
April 22 (Reuters) - Activist investor Elliott Management has urged BP (BP.L), opens new tab to boost its free cash flow to $20 billion by 2027 from around $8 billion last year through significant ...
Aker BP ASA is down 23% YoY, more than the S&P Global index, probably due to its growth factor and its exposure to the oil price. Production is expected to dip until 2027 due to field maturity ...
British energy company BP discovered oil off the US Gulf Coast. This follows BP's decision to prioritize fossil fuels. The discovery is at the 'Far South' prospect. BP plans to increase ...
Activist investor Elliott Management has declared a stake of over 5% in BP and has urged the company to boost cash flow via spending cuts. “Eight weeks ago, we announced a fundamentally reset ...
BP plc BP, the UK-based energy major, has approved the development of the Ginger natural gas project offshore Trinidad and Tobago. This is one of the 10 major upstream projects that the company ...
CRISIS, AND BUSINESSES THREATENED 15 YEARS AGO. THE BP OIL SPILL HAPPENED. IT’S STILL CONSIDERED ONE OF THE WORST ENVIRONMENTAL DISASTERS THAT THIS COUNTRY HAS EVER SEEN. THE OIL GIANT PAYING ...
In a statement posted on its website on Monday, BP announced “an oil discovery at the Far South prospect in the deepwater U.S. Gulf of America”. BP noted in the statement that it drilled the ...
BP’s $3.5 billion share buyback plan is facing fresh scrutiny as oil prices soften and activist investor Elliott Management intensifies pressure on the company to boost returns through ...
Baghdad has fully ratified a contract with BP PLC for oil and gas redevelopments and potential exploration in Kirkuk province, the company said. The agreement, laid out last year, provides for re ...