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#renewable-energy

BP shifts offshore wind to joint venture amid retreat from renewables

BP is prioritizing access to zero-carbon energy through a joint venture with Jera for offshore wind development.
The partnership aims to create a leading global wind developer while navigating shareholder pressures related to fossil fuels.

BP Profit Falls, but It Still Sees Potential to Grow' in Oil and Gas

BP's share price dropped over 3% after reporting lowest earnings in four years, indicating struggles with market conditions and strategic shifts.

Oil giant BP is killing 18 hydrogen projects, chilling the nascent industry | TechCrunch

BP's cancellation of hydrogen projects may negatively impact the future growth of the hydrogen industry.

BP shifts offshore wind to joint venture amid retreat from renewables

BP is prioritizing access to zero-carbon energy through a joint venture with Jera for offshore wind development.
The partnership aims to create a leading global wind developer while navigating shareholder pressures related to fossil fuels.

BP Profit Falls, but It Still Sees Potential to Grow' in Oil and Gas

BP's share price dropped over 3% after reporting lowest earnings in four years, indicating struggles with market conditions and strategic shifts.

Oil giant BP is killing 18 hydrogen projects, chilling the nascent industry | TechCrunch

BP's cancellation of hydrogen projects may negatively impact the future growth of the hydrogen industry.
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#energy-transition

Investors need clarity on BP policy not boss's weak promises

BP's future financial strategy is uncertain, particularly regarding share buybacks and production cuts, amidst changing market dynamics.

BP's profits plummet - London Business News | Londonlovesbusiness.com

BP's profits fell by nearly one-third to £1.75 billion, influenced by declining refining margins and analyst's forecasts.

BP drops goal to reduce oil and gas output

BP has abandoned its 2030 oil and gas output cut target to regain investor confidence under CEO Murray Auchincloss.

Investors need clarity on BP policy not boss's weak promises

BP's future financial strategy is uncertain, particularly regarding share buybacks and production cuts, amidst changing market dynamics.

BP's profits plummet - London Business News | Londonlovesbusiness.com

BP's profits fell by nearly one-third to £1.75 billion, influenced by declining refining margins and analyst's forecasts.

BP drops goal to reduce oil and gas output

BP has abandoned its 2030 oil and gas output cut target to regain investor confidence under CEO Murray Auchincloss.
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#energy-sector

British oil giant BP profits slump amid decline in oil refining margins

BP reported a significant drop in net profit due to weak oil trading and refining margins, indicating challenges amid falling oil prices.

Shell boss paid 8m in 2023 as oil and gas giant waters down climate pledge

Shell CEO's pay package of 7.94m included a base salary, bonus, and long-term incentive payment.
Shell and BP are revising climate targets, focusing on reducing net carbon intensity in energy products.

British oil giant BP profits slump amid decline in oil refining margins

BP reported a significant drop in net profit due to weak oil trading and refining margins, indicating challenges amid falling oil prices.

Shell boss paid 8m in 2023 as oil and gas giant waters down climate pledge

Shell CEO's pay package of 7.94m included a base salary, bonus, and long-term incentive payment.
Shell and BP are revising climate targets, focusing on reducing net carbon intensity in energy products.
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Very concerning': BP dilutes net zero targets as global retreat from green standards gathers pace

BP's ambitious net-zero transformation has faltered, signaling a retreat from environmental commitments amidst rising oil prices and internal leadership turmoil.

BP extends use of AI via five-year deal with spy tech firm Palantir

BP is leveraging AI to enhance decision-making speed and operational performance in collaboration with Palantir.
#financial-performance

BP profits surge beating analysts expectations - London Business News | Londonlovesbusiness.com

BP posted $2.8 billion in Q2, beat profit forecast, raised dividend.

BP reveals plans to deliver 1.6 billion in cost cutting

BP reported a drop in underlying replacement cost profit in the first quarter, aiming for extra cost savings and operational improvements.

BP profits surge beating analysts expectations - London Business News | Londonlovesbusiness.com

BP posted $2.8 billion in Q2, beat profit forecast, raised dividend.

BP reveals plans to deliver 1.6 billion in cost cutting

BP reported a drop in underlying replacement cost profit in the first quarter, aiming for extra cost savings and operational improvements.
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Russian Gains, U.S. Aid, Kremlin Shakeup: State of the Ukraine War

Paul Kolbe has extensive experience in the intelligence field with roles in the CIA, BP, and Harvard University's Belfer Center for Science and International Affairs.

Tesla Supercharger slowdown finds a potential buyer in BP

Tesla planned slowdown in Supercharger Network expansion attracts potential buyer BP for real estate and talent acquisition.

BP warns of an impairment charge of up to 1.6 billion - London Business News | Londonlovesbusiness.com

BP warns of financial hit for Q2 due to impairments and contract provisions.
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