Browsing Tag
BP
144 posts
Woodside Energy (ASX: WDS) reaches 99% at Scarborough LNG as Q3 revenue climbs to $4.28bn
Woodside Energy's third-quarter production and LNG pricing recovery improved operating revenue, while Scarborough approaches first cargo and Louisiana LNG advances, but weaker liquids output and revised annual guidance complicate the growth outlook.
Emma Delaney takes over OMV with shares less than 1% from a 52-week high
Former BP executive Emma Delaney becomes OMV’s first female CEO on September 1, inheriting a company whose second-quarter clean operating result climbed 65% to €1.7 billion and whose 50% interest in Borouge International places it at the centre of a $60 billion-plus global chemicals platform.
Petrobras strikes hydrocarbons in Morpho well, opening Brazil’s Equatorial Margin frontier
Petrobras confirms hydrocarbons at Morpho well in Block FZA-M-59, opening Brazil's Equatorial Margin, but commercial first oil remains a decade away.
Emerson wins BP automation contract for $2.9bn Shah Deniz Compression build
Emerson wins integrated control and safety scope on BP's $2.9bn Shah Deniz Compression platform, extending an automation role that already spans a decade.
Plug Power revenue reaches $178m as cost cuts reshape hydrogen turnaround
Plug Power cut cash burn 58% and pushed gross margin near breakeven while raising 2026 revenue guidance. See what comes next for its turnaround.
ConocoPhillips (NYSE: COP) names Andy O’Brien CEO as Q2 profit doubles and buybacks jump to $2bn
ConocoPhillips doubled Q2 buybacks to $2B and named Andy O'Brien CEO from September 1, tracking a $7B free cash flow inflection by 2029 tied to Willow.
BP posts $5.7bn Q2 underlying profit as new CEO Meg O’Neill orders a reset
BP Q2 underlying RC profit hits $5.7bn and the dividend rises 4%. New CEO Meg O'Neill admits BP wrote off too much value, orders a portfolio and cost reset.
SOCAR buys ITOCHU’s 3.65% stake in Azerbaijan’s Azeri-Chirag-Gunashli field
SOCAR bought ITOCHU's 3.65% stake in Azerbaijan's Azeri-Chirag-Gunashli oil field on 3 August, one plank of a wider ITOCHU pivot to buybacks and aviation.
Brussels clears PSPIB and JERA Nex bp joint control of Taiwan’s Formosa 2
The EU cleared PSPIB and JERA Nex bp's joint control of Taiwan's 376MW Formosa 2 wind farm on 3 August, a capital-recycling signal one day before BP's Q2 results.
Ruwais LNG Project: Abu Dhabi’s 9.6Mtpa export plant advances toward 2028 start-up
The Ruwais LNG Project in Al Ruwais Industrial City, Abu Dhabi is a 9.6Mtpa ADNOC-led export development backed by bp, Mitsui, Shell and TotalEnergies, with commercial operations scheduled to start in 2028.