Costain wins £45m sewage plant upgrade contract from Severn Trent
19th Mar 2026 08:28
(Sharecast News) - BP on Thursday said it had sold its Gelsenkirchen refinery and related businesses to independent European refiner Klesch Group for an undisclosed sum and raised its 2027 cost reduction target by around $1bn.
Read moreBP suspends share buybacks
10th Feb 2026 07:30
(Sharecast News) - BP Group has halted share buybacks, the oil major confirmed on Tuesday, as it looks to bolster its balance sheet amid falling oil prices.
Read moreBerenberg slightly lowerrs target price on BP
16th Jan 2026 08:09
(Sharecast News) - Analysts at Berenberg slightly lowered their target price on energy giant BP from 525p to 520p on Friday, following the group's fourth quarter trading update on 14 January.
Read moreBP sees up to $5bn in Q4 impairments
14th Jan 2026 07:16
(Sharecast News) - Energy giant BP on Wednesday said it expected to take an impairment charge of $4bn - $5bn in the fourth quarter, mainly related to its energy transition businesses after it pivoted away from green alternatives to fossil fuels, adding that oil trading was expected to be weak.
Read moreBP sells majority stake in Castrol to Stonepeak for $10bn
24th Dec 2025 07:25
(Sharecast News) - BP has confirmed the sale of a majority stake in its Castrol lubricants division to US infrastructure group Stonepeak in a deal that values the business at about $10bn including debt.
Read moreBP chief executive quits after less than two years
18th Dec 2025 06:54
(Sharecast News) - BP's chief executive has stepped down after less than two years in the role, to be replaced by the head of Woodside Energy, Meg O'Neill.
Read moreBP brings year's seventh major project into production
11th Dec 2025 08:02
(Sharecast News) - BP has brought its seventh major upstream project of the year into production after announcing the start up of the Atlantis Drill Center 1 expansion in the US Gulf of Mexico on Thursday, delivering first oil two months earlier than planned.
Read moreShell challenges Venture Global arbitration ruling in NY Supreme Court - report
11th Nov 2025 12:43
(Sharecast News) - Shell has challenged its defeat in an arbitration case against US liquefied natural gas producer Venture Global in the New York Supreme Court weeks after rival BP won a similar $1bn-plus arbitration, the Reuters news agency reported on Tuesday.
Read moreBerenberg hikes target price on BP following Q3 results
5th Nov 2025 09:02
(Sharecast News) - Analysts at Berenberg hiked their target price on oil and gas giant BP from 490p to 525p on Wednesday after the group reported "another strong set of results" for its third quarter, driven by good operational performance, rising production volumes and steady progress on cost-reduction programmes.
Read moreBP beats forecasts in third-quarter profits
4th Nov 2025 07:13
(Sharecast News) - Oil titan BP has beaten market forecasts with its third-quarter earnings and said it has made progress on cost-cutting and strengthening its balance sheet, while full-year divestment proceeds are now expected to be higher than previously expected.
Read moreOil prices spark after Opec pauses output hikes
3rd Nov 2025 09:34
(Sharecast News) - Global oil prices pushed higher on Monday, after Opec and its allies agreed to curtail plans to hike output.
Read moreBP sells stakes in US onshore assets for $1.5bn
3rd Nov 2025 07:36
(Sharecast News) - BP has sold its non-controlling interests in the Permian and Eagle Ford midstream of its US onshore oil and gas division for $1.5bn to funds managed by investment firm Sixth Street.
Read moreBP says carbon dioxide at Bumerangue discovery 'can be managed'
30th Oct 2025 14:41
(Sharecast News) - BP said on Thursday that it was progressing plans for its significant Bumerangue discovery, offshore Brazil, and that the carbon dioxide in the reservoir can be managed.
Read moreLondon close: Energy, financial plays help lift markets
23rd Oct 2025 16:26
(Sharecast News) - London stocks advanced on Thursday, lifted by gains in energy and commodity shares after the United States imposed fresh sanctions on Russian oil majors, while investors weighed global trade tensions ahead of high-level talks between Washington and Beijing.
Read moreBP flags higher third-quarter production
14th Oct 2025 07:27
(Sharecast News) - Energy major BP guided for higher third-quarter production on Tuesday, but flagged a weaker oil trading result and lower gas prices.
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