Browsing Tag
BP plc
12 posts
Traders warn oil stockpiles close to empty as Hormuz re-closes in July 2026
Iran's re-closure of the Strait of Hormuz on 12-13 July returns crude markets to the supply gap as IEA emergency stockpile buffers approach empty.
Shell (LSE: SHEL) raises Q2 gas guidance despite Qatar Pearl GTL hit, to sell South Africa downstream to ADNOC Distribution
Shell plc raises Q2 2026 gas guidance despite Qatar Pearl GTL hit, sells South Africa downstream to ADNOC for $1 billion. Read the full analysis.
bp plc’s Namibia entry is small in cost but large in what it signals for strategy
bp plc has agreed to take a 60% stake in three Namibia offshore blocks from Eco Atlantic. Read what the Walvis Basin deal could mean next.
BP. shares near 12-year high as Q1 2026 trading statement signals exceptional oil trading windfall and stronger refining margins
BP plc (BP.) flags exceptional Q1 2026 oil trading and stronger refining margins but warns net debt could reach $27bn. Read the full analysis.
Eni finds 2 Tcf gas in Egypt’s Temsah area, setting up a fast-track Eastern Mediterranean development
Eni S.p.A. has found 2 Tcf of gas offshore Egypt near existing infrastructure. Read why Denise W could matter for supply, exports, and market strategy.
BP PLC stock near 52-week high as Gelsenkirchen refinery sale raises savings target by $1bn
BP PLC agrees to sell Gelsenkirchen refinery to Klesch Group, lifting its 2027 cost-cut target to $7.5bn. Read the full strategic and market analysis.
BP and Azule Energy bring Angola’s first non-associated gas project online as Quiluma field begins production
BP and Azule Energy confirm first gas at Angola's Quiluma field under the New Gas Consortium. Read what this means for Angola LNG and BP's upstream strategy.
Corteva (NYSE: CTVA) and BP form Etlas JV to scale oilseed biofuel feedstocks
Corteva and BP launch Etlas, a joint venture to scale oilseed feedstock for biofuels. Find out how this soil-to-sky model could reshape SAF supply.
bp delivers early oil from Atlantis Drill Center 1, capping 2025 project surge in the US Gulf of America
bp expands US Gulf of America output with early Atlantis Drill Center 1 start-up—find out what this means for bp’s strategy and global energy markets.
BP flags higher upstream output despite weak oil trading in Q3 2025
BP expects higher upstream production in Q3 2025 and stronger refining margins but warns of weak trading and impairments ahead of its November results.