BP Aktie News

BP will seek a partner to evaluate its discovery at Brazil's Bumerangue block, and it could potentially reach a deal before it makes a decision on investing in the project, the oil major's Brazil chief Andres Guevara de la Vega said on Thursday.

New BP Chair Albert Manifold told BP employees on Tuesday that the group needed to move faster executing its strategy of shifting focus from renewables to oil and gas and consider more asset sales, an internal memo seen by Reuters showed.

BP PLC (LSE:BP.) and TotalEnergies SE (NYSE:TOT, EPA:TTE) announced on Monday that both companies will be strengthening their commitments to the US, with BP approving a $5 billion offshore oil field and TotalEnergies buying into an onshore gas field, Reuters reported on Monday.

European oil and gas majors BP and TotalEnergies on Monday deepened their commitments to the United States, with BP approving a $5 billion offshore oil field and TotalEnergies buying into an onshore gas field.

BP, a British energy major, announced on Monday its decision to proceed with a $5 billion offshore drilling project in the US Gulf of Mexico.  This move highlights the company's dedication to rebuilding its oil and gas business in the American region.

British oil major BP said on Monday it will move ahead with a $5 billion offshore drilling project in the U.S. Gulf of Mexico called Tiber-Guadalupe, marking another step in the company's strategy shift to refocus on its core oil and gas business.

Takeover speculation regarding British oil and gas giant BP appears to have dried up, with shares of the company up more than 32% since early April. BP's strategic reset and a leadership shake-up have been touted as among the key drivers of improving investor sentiment.

BP p.l.c. - Special Call Company Participants Spencer Dale - Group Chief Economist Gareth Ramsay Aisha Dhaliwal Presentation Spencer Dale Group Chief Economist Welcome, everyone. I'm Spencer Dale, BP's Chief Economist.