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The Latest Breaking News from BP PLC

BP Shares Move Higher On Bumper Q1 Profits Of $6.2B, Announces $2.5B Share Buyback

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 Aims To Install 8,000 EV Fast-Charging Spots In Europe By 2024

Volkswagen Aims To Install 8,000 EV Fast-Charging Spots In Europe By 2024

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 Stock Soars On Multi-Year Contract With BP

Tritium Stock Soars On Multi-Year Contract With BP

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…

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Peering Into BP p.l.c. Common Stock's Recent Short Interest

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.

Diversify Your Dividend Portfolio with These 3 High-Yield Foreign Oil & Gas Stocks

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 To Redevelop South Brooklyn Marine Terminal

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 Inks Offshore Wind Partnership With Maersk

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…

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BP To Inject £1B In UK Electric Vehicle Charging Infrastructure

BP To Inject £1B In UK Electric Vehicle Charging Infrastructure

BP plc (NYSE:BP) has announced a £1 billion investment for the U.K. electric vehicle (EV) charging infrastructure over ten (10) years. The investment, which will see a tripling of charging points by 2030, was unveiled during an official visit by Transport Secretary Grant Shapps to BP pulse's UK headquarters in Milton Keynes. It…

This Investor Just Added Fuel To The BP Upgrade: What You Need To Know

This Investor Just Added Fuel To The BP Upgrade: What You Need To Know

BP PLC (NYSE: BP) was featured as the call of the day Wednesday on CNBC's "Fast Money Halftime Report." What Happened: Morgan Stanley analyst Martijn Rats upgraded BP from an Equal-Weight rating to an Overweight rating.

GE-BOND Consortium Secures Contract To Build Electrical Systems For New York Project

GE-BOND Consortium Secures Contract To Build Electrical Systems For New York Project

GE-BOND consortium between General Electric Co (NYSE:GE) GE Renewable Energy's Grid Solutions and New York-based BOND Civil & Utility Construction has secured an EPC contract from Empire Offshore Wind to supply a digital onshore substation for Empire Wind 1 offshore wind farm project in New York. Financial terms were not disclosed. Empire Offshore Wind…

BP And Shell Shares Step On The Gas: What's Fueling The Move?

BP And Shell Shares Step On The Gas: What's Fueling The Move?

BP PLC (NYSE: BP) and Shell PLC (NYSE: SHEL), are trading higher Tuesday amid continued strength in oil prices in the wake of Russia's invasion of Ukraine.

BP profits surge as high gas prices hit household finances

BP profits surge as high gas prices hit household finances

BP PLC has reported its biggest full-year profit for eight years

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