Two sources familiar with BP’s trading results stated that BP’s trading team earned at least $500million in the third quarter 2021. This was due to a gas crisis that left
After the global rise in gas prices, Oil giants like Shell and BP expect to make huge profits.
BP and Shell were buoyed this morning by oil prices rising to a seven-year high above $80 per barrel, a record.
Highlights from the small-cap Oil & Gas sector this week
Over the weekend, US offshore oil producers stopped almost all oil production from the Gulf of Mexico as Hurricane Ida struck south of New Orleans.
Recently, President Joe Biden sought to calm fears that rising inflation might hurt the U.S. economy and threaten his $4 trillion spending plans. After the Covid-19 lockdowns, U.S. inflation accelerated to
Standard Chartered and HSBC are both due to report. Also, Rolls Royce, the engine manufacturer, and insurer Legal & General, Taylor Wimpey, the housebuilder, and exchange operator LSE Group, are
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The world’s biggest asset manager and top BP (BP.L) investor BlackRock (BLK.N) said on Friday it had backed a shareholder resolution calling for faster climate action which the energy company’s
Company reaches landmark agreement to distribute products across tens of thousands of US retail stores
LONDON (Reuters) – BP (BP.L) is preparing to sell a large chunk of its oil and gas assets even if crude prices bounce back from the COVID-19 crash because it
