for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

BP plc

BP_p.L

Latest Trade

154.50GBp

Change

0.00(0.00%)
0

Today's Range

--

 - 

--

52 Week Range

138.00

 - 

159.00

As of on the London Stock Exchange (LON) ∙ Minimum 15 minute delay

Latest Developments

BP And ZPCC Explore Creation Of Acetic Acid Joint Venture In China

Oct 18 (Reuters) - BP PLC <BP.L>::BP AND ZPCC EXPLORE THE CREATION OF A WORLD-SCALE ACETIC ACID JOINT VENTURE IN CHINA.CO, ZPCC SIGNED MOU TO EXPLORE CREATION OF NEW EQUALLY-OWNED JV TO BUILD, OPERATE 1 MILLION TPA ACETIC ACID PLANT IN EASTERN CHINA.

UK's Unite Says Members At Sullom Voe Terminal Reject Proposals By Enquest To Restructure Company

Oct 11 (Reuters) - UK's UNITE - :MEMBERSHIP AT THE SULLOM VOE TERMINAL HAVE REJECTED PROPOSALS BY ENQUEST TO RESTRUCTURE THE COMPANY FOLLOWING A CONSULTATION PERIOD.IN CONSULTATIVE BALLOT, 93% OF UNITE MEMBERS VOTED TO REJECT ENQUESTS’ PROPOSED CHANGES TO TERMS AND CONDITIONS.THERE ARE APPROXIMATELY 250 WORKERS BASED AT THE SULLOM VOE TERMINAL.IN CONSULTATIVE BALLOT, 97% OF MEMBERS OPPOSING ENQUEST PROPOSED CHANGES TO THE ORGANISATION.

BP To Complete $10 Bln Divestment Programme Ahead Of Schedule, Sees $2-3 Bln Charge

Oct 11 (Reuters) - BP PLC <BP.L>::UPDATE ON BP DIVESTMENT PROGRAMME.PLANNED TWO-YEAR $10 BILLION DIVESTMENT PROGRAMME NOW EXPECTED TO BE LARGELY AGREED BY END 2019, AHEAD OF SCHEDULE.DIVESTMENTS EXPECTED TO RESULT IN A NON-CASH AFTER-TAX CHARGE OF $2-3 BILLION IN BP'S Q3 2019 RESULTS.WILL ALSO CONTINUE TO REVIEW ASSET VALUATIONS AS DIVESTMENTS IN US LOWER 48 PROGRESS OVER Q4 2019.SIGNIFICANT CONTRIBUTION FROM ALASKA DIVESTMENT AND FURTHER PROGRESS WITH NON-BHP US LOWER 48 LEGACY GAS ASSET SALES.BP CONTINUES TO EXPECT NET DEBT LEVELS TO REDUCE AND GEARING TO MOVE TOWARDS MIDDLE OF ITS TARGET RANGE OF 20-30% THROUGH 2020..BP'S UNDERLYING EFFECTIVE TAX RATE IS EXPECTED TO BE AROUND 50% IN Q3 2019, SIGNIFICANTLY HIGHER THAN IN Q2.FULL YEAR 2019 TAX GUIDANCE OF AROUND 40% REMAINS UNCHANGED.IMPAIRMENT CHARGES EXPECTED TO INCREASE GEARING IN SHORT TERM, WITH GEARING REMAINING ABOVE TOP END OF 20-30% RANGE THROUGH YEAR END.FULL YEAR 2019 TAX GUIDANCE OF AROUND 40% REMAINS UNCHANGED.IN NEAR TERM, Q3 2019 PRODUCTION WAS IMPACTED BY TURNAROUNDS IN SOME OF HIGHEST-MARGIN REGIONS.IN Q3 OUTPUT IN US GULF OF MEXICO WAS SIGNIFICANTLY DISRUPTED BY HURRICANE BARRY, WITH FACILITIES SHUT DOWN FOR AROUND 14 DAYS.OVERALL, VARIOUS FACTORS IMPACTED Q3 PRODUCTION BY AROUND 100,000 BARRELS OF OIL EQUIVALENT PER DAY.23 OF 35 UPSTREAM PROJECTS EXPECTED ONLINE BY END OF 2021 ARE NOW IN PRODUCTION.

BP Says Bernard Looney To Succeed Bob Dudley As CEO

Oct 4 (Reuters) - BP PLC <BP.L>::BP CEO DUDLEY TO RETIRE, BERNARD LOONEY SUCCEEDS.BP CHIEF EXECUTIVE BOB DUDLEY TO RETIRE, TO BE SUCCEEDED BY BERNARD LOONEY.BOARD IS ALSO PLEASED TO ANNOUNCE THAT BERNARD LOONEY, 49, CURRENTLY CHIEF EXECUTIVE, UPSTREAM, WILL SUCCEED DUDLEY.LAMAR MCKAY, CURRENTLY DEPUTY GROUP CHIEF EXECUTIVE, HAS AGREED TO SERVE AS CHIEF TRANSITION OFFICER.BOB DUDLEY DECIDED TO STEP DOWN AS CHIEF EXECUTIVE AND FROM BP BOARD FOLLOWING DELIVERY OF COMPANY'S 2019 FULL YEAR RESULTS ON 4 FEB 2020.DUDLEY WILL RETIRE ON 31 MARCH 2020..MCKAY WILL SUPPORT CHAIRMAN AND INCOMING GROUP CHIEF EXECUTIVE TO ENSURE A FULL AND ORDERLY TRANSFER OF LEADERSHIP.DUDLEY'S SERVICE CONTRACT PROVIDES FOR A 12 MONTHS' NOTICE PERIOD AND NOTICE COMMENCED ON 4 OCTOBER.DUDLEY WILL BE ELIGIBLE FOR AN ANNUAL BONUS FOR 2019 FINANCIAL YEAR IN NORMAL WAY.BOB DUDLEY DECIDED TO STEP DOWN AS GROUP CHIEF EXECUTIVE AND FROM BP BOARD FOLLOWING DELIVERY OF COMPANY'S 2019 FULL YEAR RESULTS ON FEB 4 2020.LOONEY'S REMUNERATION PACKAGE INCLUDES ANNUAL SALARY OF £1.3 MILLION.LOONEY WILL BE ENTITLED TO A CASH ALLOWANCE IN LIEU OF PENSION EQUAL TO 15 PER CENT OF BASE SALARY.BERNARD LOONEY, 49, CURRENTLY CHIEF EXECUTIVE, UPSTREAM, WILL SUCCEED DUDLEY AS GROUP CHIEF EXECUTIVE AND JOIN BP BOARD ON 5 FEBRUARY 2020.

BP Is Preparing To Announce The Retirement Of Its Chief Executive Bob Dudley - Sky News

Sept 28 (Reuters) - :BP IS PREPARING TO ANNOUNCE THE RETIREMENT OF ITS LONG-SERVING CHIEF EXECUTIVE BOB DUDLEY - SKY NEWS.

Eni Starts Production Of Baltim South West Field Offshore Egypt

Sept 17 (Reuters) - Eni <ENI.MI>::STARTS PRODUCTION OF BALTIM SOUTH WEST FIELD OFFSHORE EGYPT.DEVELOPMENT PROGRAM FORESEES DRILLING OF FURTHER FIVE WELLS WITH GOAL OF ACHIEVING 500 MILLION SCF/D BY Q2 2020.GAS POTENTIAL FROM THE GREAT NOOROS AREA IS APPROXIMATELY 3 TRILLION CUBIC FEET (TCF) OF GAS IN PLACE.ENI HAS 50% WHILE BP HOLDS REMAINING 50% OF CONTRACTOR’S STAKE IN THE DEVELOPMENT LEASE OF BALTIM SOUTH.

Qantas Airways Announces New Customer Loyalty Partnership With BP Australia

Sept 4 (Reuters) - Qantas Airways::QANTAS AIRWAYS LTD ANNOUNCES A NEW CUSTOMER LOYALTY PARTNERSHIP WITH BP AUSTRALIA.

BP Agrees To Sell All Alaska Operations And Interests To Hilcorp For $5.6 Billion

Aug 27 (Reuters) - BP PLC <BP.L>::BP TO SELL ALASKA BUSINESS TO HILCORP.BP AGREES TO SELL ALL ALASKA OPERATIONS AND INTERESTS TO HILCORP FOR $5.6 BILLION.TRANSACTION INCLUDES INTERESTS IN GIANT PRUDHOE BAY FIELD AND TRANS ALASKA PIPELINE.AGREED TO SELL ITS ENTIRE BUSINESS IN ALASKA TO HILCORP ALASKA, BASED IN ANCHORAGE, ALASKA.PROVIDES SIGNIFICANT PROGRESS TOWARDS $10 BLN DIVESTMENT PROGRAMME AND ADVANCES BP'S STRATEGIC AGENDA.UNDER TERMS OF AGREEMENT, HILCORP TO PAY BP $5.6 BLN, COMPRISING $4.0 BLN PAYABLE NEAR-TERM AND $1.6 BLN THROUGH AN EARNOUT THEREAFTER.SALE WILL INCLUDE BP'S ENTIRE UPSTREAM AND MIDSTREAM BUSINESS IN ALASKA, INCLUDING BP EXPLORATION (ALASKA) INC..

BP, Reliance To Form Jointly-Owned Fuel Retail Network & Aviation Fuel Business

Aug 6 (Reuters) - BP PLC <BP.L>::BP AND RELIANCE HAVE TODAY SIGNED AN AGREEMENT TO FORM A JOINTLY-OWNED FUEL RETAIL NETWORK AND AVIATION FUEL BUSINESS OPERATING ACROSS INDIA.JOINT VENTURE WILL ALSO INCLUDE RIL'S AVIATION FUELS BUSINESS, WHICH CURRENTLY OPERATES AT OVER 30 AIRPORTS ACROSS INDIA.AGREED TO SET UP A NEW JOINT VENTURE CO, HELD 51% BY RIL AND 49% BY BP, THAT WILL ASSUME OWNERSHIP OF RIL'S EXISTING INDIAN FUEL RETAIL NETWORK.FUEL RETAIL NETWORK, AVIATION FUEL BUSINESS TO START FROM RELIANCE'S NETWORK OF OVER 1,400 RETAIL SITES, AVIATION BUSINESS SERVING 30 AIRPORTS.ANTICIPATED FINAL JV DEALS WITH RELIANCE TO BE REACHED DURING 2019; TRANSACTION WILL BE COMPLETE IN FIRST HALF OF 2020.JV ALSO EXPECTED TO BENEFIT FROM ACCESS TO COMPETITIVE FUELS SUPPLIES FROM RIL'S JAMNAGAR REFINING COMPLEX IN GUJARAT ON WEST COAST OF INDIA.

BP And Didi To Form JV To Build Electric Vehicle Charging Infrastructure In China

Aug 1 (Reuters) - BP PLC <BP.L>::BP AND DIDI JOIN FORCES TO BUILD ELECTRIC VEHICLE CHARGING NETWORK IN CHINA.BP PLC - BP AND DIDI CHUXING AGREED TO FORM NEW JOINT VENTURE TO BUILD ELECTRIC VEHICLE CHARGING INFRASTRUCTURE IN CHINA.BP PLC - BP AND DIDI INTEND TO EXPAND VENTURE INTO LOYALTY AND CONVENIENCE OFFERINGS AND OTHER FLEET SERVICES IN NEAR FUTURE.BP PLC - BP AND DIDI HAVE ALREADY OPENED A PILOT SITE IN GUANGZHOU IN THE GUANGDONG PROVINCE.BP PLC - PILOT SITE IN GUANGZHOU IN THE GUANGDONG PROVINCE WILL MIGRATE INTO JOINT VENTURE ONCE LIVE.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up