BP cuts size of executive team, shakes up structure

18th Apr 2024 08:11

(Sharecast News) - BP has trimmed its executive team as part of a shake-up of its organisational structure, it was confirmed on Thursday.

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London close: Stocks slip on renewed geopolitical tensions

15th Apr 2024 15:39

(Sharecast News) - London's equity markets markets experienced a downturn on Monday, with losses particularly notable in the mining and oil sectors, as investors remained cautious amid to escalating geopolitical tensions in the Middle East.

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Sector movers: Investors seek out safe havens across all asset classes

13th Apr 2024 16:52

(Sharecast News) - Commodity plays were again sought out at the end of the week after The Wall Street Journal said that an Iranian attack against Israel was thought to be imminent.

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London close: Stocks mixed as data shows UK GDP growth

12th Apr 2024 14:45

(Sharecast News) - London's markets closed with a mixed performance on Friday, as investors digested the latest GDP data suggesting an end to the recession in the UK.

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UAE's ADNOC said to have recently considered BP takeover

12th Apr 2024 07:56

(Sharecast News) - The United Arab Emirates' state-owned oil company recently considered buying BP but the deliberations did not progress beyond preliminary discussions, according to a report.

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London close: Stocks slip ahead of ECB, US inflation print

9th Apr 2024 15:12

(Sharecast News) - London markets closed lower on Tuesday, as investors braced for a key US inflation reading as well as a policy announcement from the European Central Bank later in the week.

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BP sees higher Q1 upstream production

9th Apr 2024 07:24

(Sharecast News) - Oil giant BP said it expected first-quarter upstream production to be higher than the previous three months.

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Sector movers: Builders and REITS slip, geopolitics boost Big Oil and gold miners

2nd Apr 2024 23:07

(Sharecast News) - Personal Goods was at the bottom of the pile on the FTSE 350 at the start of the second quarter, as fashion retailer Burberry Group's shares fell back towards their five-year lows.

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London close: Stocks turn red on return from Easter break

2nd Apr 2024 15:22

(Sharecast News) - UK stocks experienced a downturn by the end of trading on Tuesday, as investors resumed activity following the extended weekend, with initial gains reversed by the close ahead of a week marked by a number of key economic data releases.

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BP appoints Aviva boss Amanda Blanc as senior independent director

8th Mar 2024 13:42

(Sharecast News) - Oil giant BP said on Friday that it has appointed Aviva chief executive Amanda Blanc as senior independent director with effect from after the annual meeting on 25 April.

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BP pays Auchincloss £8m in 2023, claws back £1.8m from Looney

8th Mar 2024 10:33

(Sharecast News) - BP chief executive officer Martin Auchincloss was paid £8m for his services in a particularly prosperous year, it was revealed on Friday, as it managed to claw back a further £1.8m from its former head Bernard Looney.

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London close: Stocks languish ahead of Wednesday's Budget

4th Mar 2024 15:29

(Sharecast News) - London's stock markets finished in the red on Monday, reflecting investor apprehension ahead of the impending Spring Budget.

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Jefferies upgrades BP to 'buy'

4th Mar 2024 10:43

(Sharecast News) - Jefferies upgraded BP on Monday to 'buy' from 'hold' and lifted the price target to 570p from 520p.

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London close: Stocks manage gains despite UK recession news

15th Feb 2024 14:55

(Sharecast News) - London markets had a mixed but ultimately positive day of trading on Thursday, despite news that the UK fell into a technical recession at the end of 2023.

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BP and Adnoc agree Egyptian joint venture

14th Feb 2024 10:27

(Sharecast News) - BP has agreed a new joint venture in Egypt with long-standing partner Adnoc, it was confirmed on Wednesday.

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