After Nicolás Maduro won the presidential elections in Venezuela with strong challenges coming from the opposition, which believes the real results are different, the public has become more interested in which oil stocks he endorses, particularly considering the country's struggling oil industry.
BP PLC (LSE:BP.) flagged weaker oil trading than expected and $1-2bn related to asset impairments in an update two weeks ago.
24/7 Insights Oil has traded solidly higher this summer and may continue the trend.
British oil and gas producer BP , Venezuela's state oil company PDVSA and Trinidad and Tobago's National Gas Company are speeding negotiations for a Venezuelan license to develop natural gas deposits in the Caribbean Sea, four people familiar with the matter said.
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's Lingen green hydrogen project is set to play a crucial role in developing a hydrogen economy, serving as a building block for a sustainable energy transition.
In the latest trading session, BP (BP) closed at $34.89, marking a -0.4% move from the previous day.
The 2024 election is shaping up to be a massive one for energy stocks. That's because 34 seats are up for grabs in the Senate, plus all 435 are contested in the House alongside 11 gubernatorial elections.
BP is throwing its hat into the Formula One ring through a partnership with new team Audi from 2026. From that year onwards, cars must produce 65% less greenhouse gas emissions from the fuel they use via a combination of electric power and sustainable fuel.
BP plc's (BP) Energy Outlook emphasizes the importance of balancing investments across different energy sectors. We suggest focusing on stocks like SM, LNG and SPWR.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.
In the most recent trading session, BP (BP) closed at $34.90, indicating a +0.29% shift from the previous trading day.