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The outlook suggests that while the transition to cleaner energy sources is underway, the journey will be gradual, with oil remaining a crucial component of the energy mix. Per BP, the future ...
BP has jumped from crisis to crisis in recent years, severely eroding the British firm’s stature as one of the world's ...
These insights into downstream growth engines have provided analysts with a more positive outlook on BP's future prospects in this area. Additionally, BP's shale business, known as BPX ...
BP on Tuesday reported a deeper-than-expected 48% drop in net profit to $1.4 billion on weaker gas trading and refining results and announced the departure of its strategy chief as it tries to shore ...
The future role of natural gas within the global energy mix was one of the main unknowns that transpired from BP’s Energy Outlook report for 2023. “The broad direction of travel is clear ...
BP sees lower Q1 upstream output, with weak gas trading and flat oil price realizations. Strong refining margins and midstream boost expected to offset softer gas segment results. Unlock your all ...
BP has lowered its outlook for gas production in the first quarter of 2025 while the energy giant said debts are set to jump. The London-listed company said production will be lower in gas and low ...
BP's "updated cash allocation strategy is less likely to result in meaningful further absolute debt reduction," S&P said, while maintaining its A- long-term and A-2 short-term issuer credit ratings.
The future of oil consumption diverges significantly ... Natural gas presents a mixed outlook in BP’s projections. Under the Current Trajectory, gas demand is expected to grow by about 20% ...
These insights into downstream growth engines have provided analysts with a more positive outlook on BP's future prospects in this area. Additionally, BP's shale business, known as BPX, has been ...
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or ...