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BP Plc ADR(BP-N)
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the globe and mail
the globe and mail

Pathways Alliance is seeking bids for part of its proposed carbon capture network, Imperial Oil says

Imperial Oil Ltd. reported a third-quarter profit Friday of $1.24-billion, down from $1.60-billion in the same quarter last year
Baystreet
European Oil Giants Commit $500 Million to Help Boost Access to Energy
Baystreet
Growing Backlog For Offshore Drillers Points To Coming Boom
Motley Fool
This Unstoppable 6.5%-Yielding Dividend Stock Continues to Supercharge Its Growth Engine
Stock Target Advisor
Financial Markets Face A Volatile Week-Tech and Energy Stocks in Focus
SYNDTGAM
Exxon Mobil’s US$8.6-billion quarterly profit exceeds estimates as volume offsets price weakness
Stock Target Advisor
Market News & Analysis:October 29th, 2024
The Globe and Mail
Market movers: Stocks seeing action on Tuesday - and why
SYNDTGAM
BP’s profit slumps to near four-year low as oil demand sags
Baystreet
BP and Shell Brace for Profit Drop
Baystreet
Why Is Smart Money Betting Against Renewable Energy
Barchart
2 Dividend Aristocrats to Buy Hand Over Fist as Markets Price in a Trump Presidency
SYNDTGAM
BP weighing sale of minority stake in offshore wind business, sources say
Motley Fool
The Latest on PepsiCo
Motley Fool
3 High-Yield Dividend Stocks You Can Buy and Hold for a Decade
Stock Target Advisor
Market Analysis & News: Oct 11th, 2024
SYNDTGAM
BP says weak refining margins to dent third-quarter profit as fuel demand stalls
Baystreet
BP Warns Weak Refining and Oil Trading Will Hurt Q3 Earnings
Barchart
This AI Software Stock is Now a Strong Buy, Says Wall Street
Stock Target Advisor
BP Scales Back 2030 Goals to Regain Investor Confidence
Baystreet
BP Ditches Goal to Cut Oil and Gas Production by 2030
Motley Fool
ExxonMobil's Profits Are About to Fall. Is the Oil Stock Still a Buy?
Motley Fool
This Magnificent 6.5%-Yielding Dividend Stock Adds Another $700 Million of Fuel to Keep its Growth Engine Humming Along

Profile

BP has come a long way since the Gulf of Mexico oil spill incident in 2010, which followed the explosion on the British energy giant's Deepwater Horizon rig. To combat its huge litigation expenses that stemmed from the disaster, the company embarked on a massive asset divestment program and relied significantly on debt capital. BP successfully settled all litigation with the relatively insignificant cash outlays remaining. BP has been banking on its strong portfolio of upstream projects. BP is also on track to capitalize on the global economy's transition to lower carbon fuels. The company has been investing in renewable energy business with a plan to ramp up capital spending for non-oil and gas business. In fact, BP has plans of becoming carbon-neutral by 2050. Its reportable segments now are: Oil Production & Operations, Gas & Low Carbon Energy, Customers & Products and Rosneft.It entered a non-binding MOU with'Eni to combine their upstream portfolios into a joint venture in Angola.

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