The FTSE 100 giant forecasts upstream production to be larger in the first quarter of 2024 than in the previous three months.
The commodity trading industry made record estimated profits of $104bn last year, a McKinsey report said, even as market volatility decreased and earnings at some of the biggest groups fell.
Commodity traders have amassed up to $120 billion in cash over several successive years of record performance and profits ... December that it would buy from BP a majority 75% stake in Bahía ...
BP expects a boost to first-quarter profit from higher oil, gas and low-carbon energy production, while lower natural-gas prices will temper gains. The British energy major on Tuesday backed its ...
Oil prices are lower amid a calm reaction by financial markets to events in the Middle East.The FTSE 100 has slipped from ...
The record profits have also increased the cash available ... agreed to buy a gas-fired energy plant in Spain from BP. Gas and power trading has overtaken oil as the biggest source of profits ...
The profits of the top five publicly traded oil companies, for example — BP, Shell, Exxon ... to transition to a clean energy economy, record domestic oil and gas production is helping to ...
BP, which reported profits of more than £11billion last year ... reflecting buoyant metal prices – not least the unstoppable rise of gold to record highs. Fresnillo, which mines the yellow ...
The End Fuel Poverty Coalition saysNorwegian state-owned Equinor, which provides more than a quarter of UK gas, has made £117 ...
That means energy companies have a window to diversify. The ambitious ones like Shell and BP could lock in long-term profits ...
GREGGS has been sharing its dough with staff, handing out more than £200million over the past 50 years. Britain’s biggest ...