Investors are still becoming familiar with the zero and green net change strategies of major oil companies, BP Chief Executive Bernard Looney said during a virtual conference on Wednesday, in which top …
Read More »BP’s oil discovery team swept into climate revolution
LONDON (Reuters) – Nothing survives the winds of change now through BP, not even the exploration team that drove its profits by discovering billions of barrels of oil for over a century. …
Read More »Oil giant total boy’s stake in world’s largest solar developer
London-French energy giant Total SE said it would pay $ 2.5 billion for a 20% stake in the world’s largest solar developer, the latest move by an oil major to expand into …
Read More »Finding Safe Dividends in Beaten-Down Energy Stocks
Energy stock in S&P 500 This year their price has almost halved. There is a possibility of dividend reductions and suspensions in the sector, as companies have sidelined the cash situation amid …
Read More »Epidemic pain persists for big oil companies
Major oil companies indicated they are under extreme financial pressure and oil prices have slowed as demand for a fossil fuel uprising began on Thursday, after being crushed by the coronovirus epidemic. …
Read More »It will be difficult to meet BP’s green energy target
London (Reuters) – BP (BP.L) Would need to invest tens of billions of dollars over the next decade and accept lower returns than oil, if it were to meet its goal of …
Read More »BP Cuts came into the dividend for the first time after a record loss. Why the stock is rising anyway.
Word size Getty Images BP stock rose 6.7% on Tuesday, even after the oil giant cut its dividend for the first time in a decade after registering a second quarter loss of …
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