BP Increases Dividend and Launches $750m Share Buyback
BP Unveils Biggest Oil and Gas Find in a Quarter Century
BP has confirmed a major oil and gas discovery at the Bumerangue prospect in Brazil’s Santos Basin, which marks its largest find in 25 years
Shell says it has “no plans” to make a bid for BP.
Shell PLC (LSE: SHEL, NYSE: SHEL) has firmly rejected claims from a Wall Street Journal report suggesting it has held talks about a potential takeover of BP PLC (LSE: BP).
Shares in BP have jumped 4.00% towards the top of the FTSE 100 leaderboard
BP Shares Surge Amid Takeover Talk as Market Values Lag Asset Worth BP shares have jumped 4.00% in early trading on Friday, putting the UK oil major near the top
Trump condemns Labour’s move to abandon North Sea oil
Donald Trump has called on Sir Keir Starmer to “open up” the North Sea and “eliminate windmills” as the incoming president criticised the UK Government’s energy strategy.
Wood Group and Harbour Energy Collaborate on North Sea Agreement
Engineering consultancy Wood has secured a contract valued at $330m (£262m) with Harbour Energy, the leading oil and gas producer in the UK’s North Sea, as per the official announcement.
Harbour Energy (LON:HBR) plans to divest its Vietnam oil fields for £66 million.
The UK’s leading oil and gas company has struck a deal worth $84m (£65.8m) to divest its operations in Vietnam.
Oil continues to decline due to demand concerns following UK’s interest rate increase.
Oil prices dropped for the second consecutive session and were on track for a more than 3% decrease on a weekly basis this Friday.
Oil prices rise as China initiates measures to stimulate its economy.
Amid a spike in Chinese imports of Russian oil, it’s an opportune moment to examine the crude oil market dynamics.
French Energy Titan Shuns EU with $2bn Investment in US Gas Sector
Total, the French energy behemoth, has declared its intent to establish a $2 billion (£1.6 billion) synthetic gas facility in the United States, thereby challenging Europe’s renewable energy ambitions.
Oil prices drop as concerns over interest rate increases overshadow U.S. debt agreement.
On Monday, oil prices declined due to increasing concerns about potential interest rate hikes that could suppress energy demand, despite a preliminary agreement on the U.S. debt ceiling that could
1,650 Offshore Contractors to Stage Industrial Action in Response to Job and Wage Concerns
Unite the Union, affirmed that approximately 1,650 contractors are set to partake in two successive 48-hour strikes. The dispute revolves around issues pertaining to employment, remuneration, and workplace conditions in