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 »
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 »
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 »
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 »
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 »
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 …Read More »