BP to invest $220m in US solar projects

1st Jun 2021 13:10

(Sharecast News) - BP on Tuesday announced it would be investing $220m in US renewables with the purchase of solar projects from developer 7X Energy.

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Brent futures hit two-year high ahead of OPEC+ meeting

1st Jun 2021 10:30

(Sharecast News) - Oil prices hit a roughly two-year high on expectations that the reopening of advanced economies would run down the inventories that had piled up during the pandemic.

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Iran's Rouhani says US will lift sanctions

20th May 2021 14:25

(Sharecast News) - Iran's president said on Thursday that the United States was ready to lift sanctions on his country's oil, banking and shipping sectors that were reimposed after the Trump administration withdrew from the nuclear deal signed in 2015.

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BP, ENI in talks to merge Angola oil & gas interests

19th May 2021 10:02

(Sharecast News) - BP and Eni on Wednesday said they had start talks on a potential merger of their oil and gas operations in Angola.

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Tuesday broker round-up

18th May 2021 14:00

(Sharecast News) - BP: Barclays upgrades to top pick with a target price of 475p.

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Barclays names BP 'top pick'

18th May 2021 07:52

(Sharecast News) - Barclays has named BP its 'top pick' in the European integrated energy sector, arguing that the investment case for the oil major has been largely misunderstood.

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BP to resume buybacks after Q1 profits beat expectations

27th Apr 2021 07:01

(Sharecast News) - British energy company BP on Tuesday reported better-than-expected first quarter profits on the back of higher oil prices as it hit its debt reduction target early and said it would resume share buybacks in the second quarter.

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London pre-open: Futures flat, but BP and HSBC beat

27th Apr 2021 06:59

(Sharecast News) - Stocks are being called to start the session slightly higher on the back of better-than-expected results out of BP and HSBC.

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Tuesday preview: Tesla, BP, BoJ in focus

26th Apr 2021 12:35

(Sharecast News) - The focus of Tuesday's session will be the latest quarterly updates from US technology giants Microsoft and Tesla.

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Wednesday broker round-up

7th Apr 2021 14:02

(Sharecast News) - Greatland Gold: Berenberg upgrades to buy with a target price of 26p.

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BP expects to hit $35bn net debt target in Q1

6th Apr 2021 07:01

(Sharecast News) - BP on Tuesday said it expected to hit its $35bn net debt target during the first quarter of 2021 after faster-than-expected progress on its disposals programme and a "strong" quarter driven by recovering oil prices.

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BP rejects shareholder resolution on climate change

26th Mar 2021 10:22

(Sharecast News) - BP has rejected a shareholder resolution calling on the company to set stricter targets to meet goals to combat global heating.

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Volkswagen Group joins BP to expand ultra-fast EV charging in Europe

15th Mar 2021 13:06

(Sharecast News) - Volkswagen Group and BP announced on Monday a strategic collaboration to expand ultra-fast electric vehicle charging across Europe.

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'Super cautious OPEC stance on output increases could backfire, Citi says

10th Mar 2021 11:00

(Sharecast News) - The "super cautious" approach adopted by Saudi when it comes to adding to global crude oil supplies might backfire on the Organisation of Petroleum Exporting Countries and its allies, Citi argued.

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Brent futures spring higher after attack on key Saudi oil facility

8th Mar 2021 07:31

(Sharecast News) - Crude oil futures sprang higher at the start of the week following an attack on Saudi Arabia's largest crude terminal at Ras Tanura.

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