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BP COMPANY NEWS
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 24%When business updates start to come in or when some FMCG or auto companies indicate that things are not all good in the rural space, we may...- STOXX 600 hits record high after US-Iran preliminary peace dealEurope's STOXX 600 reached a record high as a preliminary peace agreement between the US and Iran boosted global risk sentiment and lowered...
- Oil price hits $100 as Brent Crude rises over 4 per cent. Will rate go further up?US and Iran have been working on an agreement to end the Middle East war and reopen the crucial waterway to tanker and cargo traffic since ...
- QatarEnergy extends force majeure to mid-August, Italian Edison looks to US for replacementsQatarEnergy has prolonged its force majeure on LNG shipments to Italian utility Edison. This impacts supply and Edison's financial performa...
- Stocks in news: Premier Energies, Suzlon Energy, Paytm, Hindalco, ONGCIndian markets saw a strong rebound on Monday. The Nifty index surpassed 24,000 and is expected to move higher. Premier Energies saw a larg...
- Sales shift to state fuel retailers as Nayara, Shell cut lossesPrivate fuel sellers Nayara Energy and Shell saw sales drop significantly in April. They increased prices after the Iran war began. Consume...
- Oil shock will hit Asia harder than the 1970sAsia is experiencing energy shocks similar to the 1970s oil crises, with rising fossil fuel costs impacting consumers and industries. This ...
- Stocks in news: RIL, TCS, IDFC First Bank, BPCL, SpiceJetIndian equity markets saw profit booking on April 9, ending a five-day rally. Several companies like RIL, TCS, and IDFC First Bank are in f...
- BP stock soars 7% as Shell eyes major takeover — could this be the biggest energy deal of the year?BP shares jumped 7% after news broke that BP is in early-stage talks with Shell for a possible acquisition. According to The Wall Street Jo...
- Castrol India shares soar 11% as Saudi Aramco eyes BP’s lubricant businessCastrol India shares: Saudi Aramco is considering a potential bid for BP's Castrol lubricants business, according to a Bloomberg News repor...
- Activist Elliott builds stake in oil major BP, source saysActivist investor Elliott Investment Management has acquired a significant stake in BP, aiming to boost shareholder value. BP is undergoing...
- BP cuts over 5% of workforce in CEO cost cut driveBP will reduce its workforce by around 4,700 staff and cut 3,000 contractor positions as part of CEO Murray Auchincloss' cost-cutting plan....
- Reliance Industries set to gain from gas reserves' outlook: Deven ChokseyThe outlook of RIL stands improved with their gas discovery numbers and the gas reserves numbers been talked about by their partner BP.
- BP rejects media reports on potential D6 output shutdownBP, Reliance Industries' has firmly rejected reports that gas output from D6 would come to a halt unless government expeditiously approves ...
- BP sells Colombian business for $1.9 billionThe divestment is part of BP's plans to sell off up to $30 billion of assets, as it faces soaring costs from the Gulf of Mexico oil spill d...
- BP says no plans for share issueBP Plc says it has no plans to issue new shares to help pay for the Gulf of Mexico oil spill, giving its shares a further boost amid rumors...
- Partner puts blame on BP as spill costs growBP Plc's costs for the worst spill in US history appeared set to rise as a partner in the out-of-control well laid the blame at BP's feet a...
- Getting life back? BP CEO on way off spill dutyBP's chairman said that CEO Tony Hayward is on his way out as the company's point man on the Gulf oil spill crisis.
- Chief executive of TNK-BP summoned: reportThe chief executive of the British-Russian oil firm TNK-BP Robert Dudley has been summoned to appear before Russian prosecutors Monday to e...
- Russian partners 'raiding' joint venture: BPThe chairman of British energy giant BP charged on Thursday that the company's Russian partners were "raiding" their oil joint venture TNK-...
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