Baghdad and BP's negotiations over a major deal to redevelop Kirkuk's oil and gas fields must include Iraq's semi-autonomous Kurdish region, the Kurdish Prime Minister told Reuters, flagging a potential conflict with the central government.
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The dismissal of New York City's lawsuit against XOM, BP, and SHEL underscores the complexities of climate litigation.
BP resumes production at Shah Deniz Alpha in the Caspian Sea after fixing a subsea pipeline issue, ensuring gas supplies to key regions like Serbia and Bulgaria.
US President Donald Trump, inaugurated on Monday, revoked offshore drilling bans imposed by his predecessor, Joe Biden. The move reopens 625 million acres of coastal waters for potential oil and gas development, reversing restrictions aimed at protecting marine ecosystems.
In the most recent trading session, BP (BP) closed at $31.69, indicating a -0.28% shift from the previous trading day.
BP announces a 5% reduction in its global workforce, including almost 4,700 employees and 3,000 contractor positions.
In the most recent trading session, BP (BP) closed at $31.78, indicating a +1.53% shift from the previous trading day.
BP has been in a state of flux in recent months in the wake of the scandalous exit of former CEO Bernard Looney.
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.
Energy giant BP (LON: BP) unveiled nearly 8,000 job cuts on Thursday as part of corporate cost cutting measures across its global operations.
The market started 2025 with volatility, but I remain bullish due to favorable macroeconomic conditions and expected Fed rate cuts. The Dividend Harvesting Portfolio mitigated downside risk despite market declines, generating $70.79 in dividend income and increasing forward annualized dividend income to $1,944.48. Diversification rules are crucial, with no sector exceeding 20% and no position over 5%, ensuring stability during market fluctuations.