Norway's Equinor alongside partners BP and TotalEnergies , have taken the final investment decision for two of the Britain's first carbon capture and storage projects in northern England, they said on Tuesday.
BP has agreed to spin off its its offshore-wind into a newly formed joint venture with Japan's JERA.
BP PLC (LSE:BP.) has unveiled a US$5.8 billion (£4.5 billion) deal with Japan's Jera, which will see the oil giant's paused offshore wind projects finished by the end of the decade.
BP and Japanese power generator JERA said on Monday they have agreed to form a standalone joint venture combining their offshore wind operations.
UBS analysts believe now is the time to invest in BP PLC (LSE:BP.), highlighting the stock's undervalued position and potential for recovery.
BP is seeking buyers for a stake in its U.S. natural gas pipeline network, four people with knowledge of the matter said.
It's a tradition unlike any other! Move over, Masters.
BP (BP) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
BP has a strong presence in refining and marketing spaces, providing support during business turmoil and low oil prices.
BP is advancing its Cypre gas project in Trinidad, targeting a 2025 launch to address declining production and enhance energy security.
BP shares are undervalued, presenting an attractive risk profile, especially for dividend investors. The energy firm remained, despite a Q/Q drop in liquid price realizations, highly profitable. BP's stock buybacks are a key reason for my bullish view of the company. Buybacks especially make sense when the share price has declined, which is the case for BP.
BP p.l.c. is undervalued with a low enterprise value to EBITDA multiple of 3.1, offering a high dividend yield of 6.2%. The new $7 billion gas project in Indonesia, featuring carbon capture technology, highlights BP's strategic investments in both traditional and innovative energy assets. Despite higher debt levels, BP's net debt to EBITDA ratio is very manageable at 0.6, ensuring financial stability.