BP (BP) closed at $35 in the latest trading session, marking a +1.98% move from the prior day.
JERA Nex BP, a joint venture between Japan's top power generator JERA and BP , plans to halt development of the U.S. Beacon offshore wind power project and lay off its U.S. employees in the coming months, the company said in a statement.
BP (BP) reached $33.11 at the closing of the latest trading day, reflecting a -1.75% change compared to its last close.
Oil prices fell below $60 per barrel recently due to a combination of oversupply and weak demand.
BP PLC's (LSE:BP.) updated guidance ahead of its third-quarter results was not entirely clear but debt continues to be a "large concern", said analysts, and suggests share buybacks may need to be cut back.
BP PLC (LSE:BP.) expects stronger upstream and refining performance in the third quarter of 2025, though oil trading results are likely to be weak.
Third-quarter upstream production is expected to rise from the previous quarter. The company also anticipates a boost of up to $400 million from higher refining margins.
BP expects its upstream production to be above last quarter's, the company said in a trading update on Tuesday ahead of results due on November 4, adding that its oil trading result was weak.
BP PLC (LSE:BP.) has scored an unexpected legal victory that adds fresh momentum to its turnaround story.
BP (BP) closed at $34.52 in the latest trading session, marking a -1.29% move from the prior day.
BP (BP) closed the most recent trading day at $33.86, moving 1.74% from the previous trading session.
In the most recent trading session, BP (BP) closed at $35.69, indicating a +1.22% shift from the previous trading day.