BP (BP.L.) said Tuesday that it expects to pay as much as 1 billion pounds ($1.25 trillion) in taxes in Britain for its 2022 profits. This is despite reporting a
Share Talk Expected Market Updates For The Week Ahead, 2-6 May 2022
After a long weekend in Britain, the trading week and the new month of May start on Tuesday. There are some major central bank policy announcements and a raft of
Share Talk Weekly Energy Sector News Round-Up, 5th March 2022
The Yamal-Europe pipeline, which transports westbound natural gas through it, was shut down Friday. Gazprom’s bids to increase transit capacity via Ukraine are at high levels according to data provided
BP will sell its stake in Rosneft amid the Ukraine conflict
BP will sell its 19.75% share in Russian state-owned Russian oil company Rosneft following Russia’s “act in aggression in Ukraine”.
Share Talk Weekly Energy Sector News Round-Up, 27th February 2022
The United States, Britain, Europe and Canada blocked ‘certain’ Russian banks from accessing the Swift international payment system on Saturday as part of another round of sanctions against Moscow.
Share Talk Weekly Energy Sector News Round-Up, 12th February 2022
Oil and gas rig counts, which are early indicators of future output, increased 22 in the week ending February 11, making it the largest increase since February 2018.
BP profits reach an 8-year high thanks to its support for low carbon plans
BP’s 2021 profits were the highest since 2008, thanks to soaring oil and gas prices. The company also increased share repurchases and accelerated its plans to reduce emissions through higher
FTSE 100 opens higher, Pound rallies, Russia halted gas flows to Europe via a key pipeline
The FTSE 100 has made significant gains at the open, erasing most of yesterday’s losses in uncertainty surrounding new Covid restrictions.
Share Talk Weekly Energy Sector News – 31st October 2021
Oil prices extended pre-weekend gains on Monday to hit multi-year highs, lifted by tight global supply and strengthening fuel demand in the United States and beyond as economies recover from
Shell & BP paid zero corporation taxes on North Sea oil and gas production in three years.
According to company filings, Shell and BP have not paid any corporation taxes on North Sea oil and gas production over the past three years.
Shell’s third-quarter adjusted earnings fell 25% to $4.1bn
Unaudited results were reported by the company, but its shareholders lost out due to their large payday.