RNS Number: 6532 I BP PLC 02 April 2020 BP p.l.c. Notification of transactions of persons discharging managerial responsibility or connected persons. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
BP’s response to the crisis is pretty much as expected although have deigned not to release colleagues for three months. 2020 capex has been reduced by 25% to $12bn pretty much as Chevron announced last week in terms of size and with some of that inevitably happening in US onshore hydrocarbon sales will fall. Cue an effective profit warning as the upstream will be down on 4Q 2019 and the downstream is seeing ‘ a significant and growing decline in demand’ although no COVID-19 effects will be seen in that quarter. As I mentioned in the interview above, this is the perfect storm for integrated oils as with the fall in price the usual benefits are absent, there is no one to drive around at sub $2 gasoline… #BP.
RNS Number: 3789 I BP PLC 01 April 2020 press release. ·Protecting the physical and mental health of our people. ·Supporting the communities where we live and work.
RNS Number: 3102 I BP PLC 31 March 2020 BP p.l.c. Notification of transactions of persons discharging managerial responsibility or connected persons. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 2982 I BP PLC 31 March 2020 BP p.l.c.. As at 31 March 2020, the issued share capital of BP p.l.c. comprised 20,258,850,956 ordinary shares par value US $0.25 per share, each with one vote; and 12,706,252 preference shares par value £1 per share with two votes for every £5 in nominal capital held.. RNS is approved by the Financial Conduct Authority to act as a...
RNS Number: 8608 H BP PLC 27 March 2020 BP P.L.C. NOTICE OF ANNUAL GENERAL MEETING. BP p.l.c. announces that the Notice of Meeting for the Company's 2020 Annual General Meeting has been published today..
Oil giant BP moved into the top bracket of oil companies in the late nineties with the acquisitions of US concerns Amoco and Atlantic Richfield. More geared to oil production and exploration than its main rivals, BP has moved into the former Soviet Union to secure future production as its current key assets in the North Sea and Alaska wind down.
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