Oil prices have fallen back to pre-war levels, but energy ETFs may still offer opportunity as refining, LNG demand, and tight supply support the sector.
BP's 10% stake in ADNOC's Bab Gas Cap project offers the first direct access to Abu Dhabi's upstream gas resources and supports the UAE's LNG business.
BP said on Thursday it has signed a concession agreement with ADNOC and partners to develop the Bab Gas Cap project in the UAE, taking a 10% stake.
BP's upstream outlook looks encouraging as WTI prices stay above $70 and the company reports 14 discoveries since the start of 2025.
BP simplifies its structure into two core business segments, aiming to boost efficiency, capital discipline and long-term performance.
A group of California consumers filed a proposed class-action lawsuit alleging that gas station operators including Walmart, Marathon Petroleum, BP and 7-Eleven used an artificial intelligence pricing tool to illegally inflate pump prices in the state, according to a complaint filed in federal court in Sacramento.
Zacks.com users have recently been watching BP (BP) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
In the most recent trading session, BP (BP) closed at $41.59, indicating a -2.78% shift from the previous trading day.
BP may benefit from elevated crude prices driven by geopolitical supply disruptions and a stronger 2026 WTI outlook, supporting cash-flow growth.
British oil major BP has started a process to sell stakes in two of its Gulf of Mexico projects, four people with knowledge of the matter said, in what would be one of new CEO Meg O'Neill's first moves.
RBC Capital Markets sees more than 30% upside in BP PLC (LSE:BP.) as the oil major's improving balance sheet and supportive commodity backdrop begin to outweigh the noise around its boardroom upheaval.
WTI above $85 and Middle East tensions are lifting crude, supporting BP's upstream earnings as it touts 14 discoveries since early 2025.