The Latest Breaking News from BP PLC

BP plc (NYSE: BP) shares are trading lower by 3.80% to $27.20 Tuesday morning. Shares of energy companies are trading lower amid a drop in oil prices as investors assess recession concerns. Concerns of an economic slowdown have pressured the demand outlook.

Exxon Mobil Corp (NYSE: XOM), Marathon Oil Corporation (NYSE: MRO), BP plc (NYSE: BP) and Shell PLC (NYSE:

BP plc (NYSE:BP) is acquiring the largest stake in a vast solar, wind, and green hydrogen project in Western Australia that will cost more than $30 billion to develop, reported Financial Times. The energy company stated that it has agreed to buy 40.5% of the Asian Renewable Energy Hub, which it will…

Palantir Technologies Inc (NYSE:PLTR) and global commodities trader Trafigura will be tracking carbon emissions for the oil and gas sector, Reuters reports. They built a platform for oil majors and other commodities firms to vet the environmental impact of their supply chains, applying Trafigura's data to Palantir's operating system, known as Foundry. Also Read: Palantir…

BP plc’s (NYSE:BP) profits more than doubled to $6.2 billion in Q1, helped by soaring oil and gas prices, despite posting a massive loss after offloading its nearly 20% stake in a Russian-controlled oil company Rosneft (OTC: RNFTF). The company reported Q1 adjusted EPS of $1.92, more than double from $0.78 posted a year ago…

Volkswagen Group (OTC: VWAGY) said on Thursday it plans to install up to 8,000 fast charging points for electric vehicles across Europe in partnership with the U.K.-based oil major BP Plc (OTC: BPAQF).

Tritium Dcfc Ltd (NASDAQ:DCFC) entered into a multi-year contract with BP plc (NYSE:BP) for the supply of chargers and related services to support bp's global EV charging network. Financial terms were not disclosed. The arrangement marks a significant shift in the strategic nature of the relationship between the two companies, with an initial order of…

BP p.l.c. Common Stock's (NYSE:BP) short percent of float has fallen 24.36% since its last report. The company recently reported that it has 19.09 million shares sold short, which is 0.59% of all regular shares that are available for trading.

Amid volatile crude oil prices, 2022 has been a stellar year so far for the oil & gas industry. Alongside solid financials and strong earnings growth potential, oil & gas company stocks are offering high dividend payouts and are therefore attracting investors’ attention. Thus, we think it could be wise…

Jacobs Engineering Group Inc (NYSE:J) has been selected by Empire Offshore Wind, a joint venture between Equinor ASA (NYSE:EQNR) and BP plc (NYSE:BP), for the detail design of New York's South Brooklyn Marine Terminal (SBMT). Financial terms not disclosed. The facility in Sunset Park, Brooklyn, will serve as an operations and maintenance base and staging and assembly…

Kirby Corp (NYSE:KEX) signed a commercial agreement to provide barge transportation services for offshore wind towers and turbines to Maersk Supply Service, a subsidiary of A. P. Moller Maersk A/S (OTC:AMKBY). Deal terms were not disclosed. Maersk Supply Service has been selected by Empire Offshore Wind, a joint venture between Equinor ASA (NYSE:EQNR) and BP plc (NYSE:BP), as the…