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Latest BP News From Around the Web
Below are the latest news stories about BP PLC that investors may wish to consider to help them evaluate BP as an investment opportunity.
BP to Help ONGC Boost Mumbai High Oil Production by 60%BP looks forward to leveraging its extensive experience in performance optimization and recovery to help increase the output from Mumbai High oil field. |
BP projects 44% jump in oil output from India's largest field, ONGC saysGlobal energy major BP has pledged to lift oil production by 44% and gas output by 89% from India's largest field off its west coast, under a decade-long contract, according to block operator Oil and Natural Gas Corp on Thursday. ONGC named BP as its technical service provider on Wednesday to assist in boosting output from a baseline crude production of 45.47 million metric tons and 70.40 billion cubic metres (BCM) of gas. Energy major Shell also participated in the tender, which sought advanced recovery technologies and expertise in managing complex mature reservoirs to boost production, ONGC said in an exchange filing. |
Galp Energia & Harbour Energy Discoveries Headline Oil & Gas Stock RoundupGLPEY, HBRIY, BP, LNG and REPYY emerge as the energy headline makers during the week. |
India's ONGC engages BP to boost production in largest oil fieldIndia's top explorer Oil And Natural Gas Corp on Wednesday said energy major BP will act as technical service provider to help boost oil and gas output from the country's largest producing field, off India's west coast. BP has promised an increase of up to 60% in production of oil and gas output from the Mumbai High field, discovered in 1974, ONGC said in a stock exchange filing. The field reached a peak production level of 471,000 barrels per day of oil in March 1985, and its output had declined to about 134,000 bpd in April 2024, according to the tender document floated last year. |
Why Is BP p.l.c. (NYSE:BP) Among the Best FTSE Dividend Stocks to Buy Now?We recently compiled a list of the 10 Best FTSE Dividend Stocks To Buy Now. In this article, we are going to take a look at where BP p.l.c. (NYSE:BP) stands against the other FTSE dividend stocks. Goldman Sachs Research predicts moderate growth for the UK economy in 2025, with GDP rising 1.2%. That is slightly […] |
BP Executes Share Buyback Program to Enhance Shareholder ValueThe latest update is out from BP ( (BP) ). BP announced a series of share buyback transactions under the authority granted by shareholders during the 2024 Annual General Meeting. The company executed multiple transactions on the London Stock Exchange and Cboe (UK), purchasing millions of its ordinary shares to be canceled as part of its buyback program. This move is part of BP’s strategy to enhance shareholder value and manage its capital structure, potentially impacting its market position by r |
Here’s Why BP p.l.c. (BP) Is Among The Stocks Targeted By Activist Hedge FundsWe recently compiled a list of the 15 Stocks Targeted By Activist Hedge Funds. In this article, we are going to take a look at where BP p.l.c. (NYSE:BP) stands against the other stocks targeted by activist hedge funds. Shareholder activism continued at a record pace in 2024 as activist hedge funds pushed for strategic changes […] |
BP Begins Gas Output From GTA Project in Senegal & MauritaniaBP's GTA project in West Africa begins producing gas, marking a milestone for Senegal and Mauritania. LNG deliveries are expected soon. |
The Zacks Analyst Blog Shell, Equinor and BP plc'sShell, Equinor and BP plc's are included in this Analyst Blog. |
BP and Partners to Develop 450 MW Offshore Wind Project in JapanBP and its consortium partners state that the project involves the construction, maintenance and operation of a bottom-fixed offshore wind farm. |