BP is exploring the sale of up to a 49% stake in its US natural gas pipeline system, according to four people familiar with the matter. The move, which could fetch up to $3 billion, is part of CEO ...
Together the companies will invest up to $5.8 billion by 2030, with BP contributing $3.25 billion. It marks a sharp drop from previous suggestions that BP would invest around $10 billion in ...
An icon of the Whatsapp messenger app logo. An icon of an mail envelope. A decentered black square over a white square. BP chief executive Murray Auchincloss. BP plans to carve out its offshore ...
BP Plc and Jera Co., Japan’s biggest electricity producer, will merge their offshore wind businesses as the British oil major seeks to cut its exposure to the troubled green power sector. The ...
© 2024 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and ...
LONDON (Reuters) -BP and Japanese power generator JERA have agreed to join forces to form one of the world's largest offshore wind operators, a major step in CEO Murray Auchincloss' efforts to reduce ...
BP BP-0.28%decrease; red down pointing triangle will merge its offshore wind-energy business with that of Japanese power-utility JERA to create a combined standalone company, in line with the Brit ...
BP has decided to merge all its offshore wind business into a new joint venture with Japan’s energy firm JERA, to which the companies will provide up to $5.8 billion for investments by 2030, the ...
In the spring of 1998, with oil hovering near $10 a barrel, BP Plc reached a dismal conclusion: Its future as a standalone company was grim. So John Browne, its chief executive officer at the time ...
bp and JERA Co., Inc. have agreed to combine their offshore wind businesses to form a new standalone, equally-owned joint venture that will become one of the largest global offshore wind developers, ...
BP has announced a third-quarter interim dividend for 2024, set at $0.08 per ordinary share and $0.48 per ADS. This dividend will be paid in sterling on December 20, 2024, with the conversion rate ...
LONDON/NEW YORK (Reuters) - BP (BP) is seeking buyers for a stake in its U.S. natural gas pipeline network, four people with knowledge of the matter said. The British energy company could raise up ...