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BP


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BP PLC <BP.N> expected to post earnings of 92 cents a share - Earnings Preview

BP PLC expected to post earnings of 92 cents a share - Earnings Preview BP PLC BP.N , BP is expected to show a rise in quarterly revenue when it reports results on July 30 for the period ending June 30 2024 The London United Kingdom-based company is expected to report a 7.0% increase in revenue to $52.925 billion from $49.48 billion a year ago, according to the mean estimate from 3 analysts, based on LSEG data.
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BP PLC <BP.L> expected to post earnings of 15 cents a share - Earnings Preview

BP PLC expected to post earnings of 15 cents a share - Earnings Preview BP PLC BP.L is expected to show a fall in quarterly revenue when it reports results on July 30 for the period ending June 30 2024 The London United Kingdom-based company is expected to report a 6.9% decrease in revenue to $46.068 billion from $49.48 billion a year ago, according to the mean estimate from 2 analysts, based on LSEG data.
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CrowdStrike in cursed grip of corporate klutz club

RPT-BREAKINGVIEWS-CrowdStrike in cursed grip of corporate klutz club The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By John Foley NEW YORK, July 24 (Reuters Breakingviews) - Accidents happen all the time. Forgiveness, however, is granted less often. CrowdStrike CRWD.O , the cybersecurity software developer, marks the latest big company to gauge the willingness of investors to move past an unforeseen, value-destroying catastrophe.
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CrowdStrike in cursed grip of corporate klutz club

RPT-BREAKINGVIEWS-CrowdStrike in cursed grip of corporate klutz club The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By John Foley NEW YORK, July 24 (Reuters Breakingviews) - Accidents happen all the time. Forgiveness, however, is granted less often. CrowdStrike CRWD.O , the cybersecurity software developer, marks the latest big company to gauge the willingness of investors to move past an unforeseen, value-destroying catastrophe.
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Asia Crude Oil Tenders Summary-India's BPCL buys Murban, WTI crude

Asia Crude Oil Tenders Summary-India's BPCL buys Murban, WTI crude SINGAPORE, July 25 (Reuters) - For spot crude tender news stories please click..... CRU-O/TEND-O For tenders on oil products please click: Naphtha...... NAP/TENDA Gasoline... MOG/TENDA Jet/Diesel... MDIS/TENDA Fuel Oil... FUEL/TENDA OUTSTANDING ASIA/MIDEAST CRUDE OIL TENDERS: (b = b
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Venezuela grants license to BP, Trinidad's NGC for offshore gas project

UPDATE 2-Venezuela grants license to BP, Trinidad's NGC for offshore gas project Adds context in paragraph 2, details on joint development of the field in paragraphs 4-5, details in paragraphs 8-9 By Deisy Buitrago and Vivian Sequera CARACAS, July 24 (Reuters) - Venezuela on Wednesday granted a 20-year license to British energy producer BP BP.L and state-owned National Gas Company of Trinidad and Tobago (NGC) to develop the Venezuelan side of a natural gas field that extends into the Caribbean c
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Venezuela grants license to BP, Trinidad's NGC for offshore gas project

Venezuela grants license to BP, Trinidad's NGC for offshore gas project CARACAS, July 24 (Reuters) - Venezuela on Wednesday granted a long-term license to British energy producer BP.L and state-owned firm National Gas Company of Trinidad and Tobago (NGC) to develop the Venezuelan side of a gas field that extends into the Caribbean country's waters.
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CrowdStrike in cursed grip of corporate klutz club

BREAKINGVIEWS-CrowdStrike in cursed grip of corporate klutz club The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By John Foley NEW YORK, July 24 (Reuters Breakingviews) - Accidents happen all the time. Forgiveness, however, is granted less often. CrowdStrike CRWD.O , the cybersecurity software developer, marks the latest big company to gauge the willingness of investors to move past an unforeseen, value-destroying catastrophe.
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US refiners' Q2 profits fall on low margins, soft fuel demand

PREVIEW-US refiners' Q2 profits fall on low margins, soft fuel demand By Nicole Jao NEW YORK, July 24 (Reuters) - U.S. oil refiners are expected to report sharply lower second quarter earnings from a year ago after a listless summer driving season that weakened refining margins , energy analysts said. Refiners ramped up processing capacity in the three months ended June 30 to 93.5%, compared with 91% in the prior-year period, to meet an expected spike in gasoline and diesel fuel demand that ulti
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Santander's Polish unit Q2 profit slumps on legal provisions

UPDATE 1-Santander's Polish unit Q2 profit slumps on legal provisions Adds earnings detail from the third paragraph GDANSK, July 24 (Reuters) - The Polish arm of Spain's top lender Santander SAN.MC posted on Wednesday a 30% yearly drop in second-quarter net profit as stable interest income could not offset provisions for mortgage loans in Swiss francs.
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UK Stocks-Factors to watch on July 23

UPDATE 1-UK Stocks-Factors to watch on July 23 Adds new items, updates futures July 23 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Tuesday, with futures FFIc1 down 0 .4%. * COMPASS: British catering group Compass CPG.L raised its 2024 profit and revenue forecasts for the second time this year despite easing prices, after new businesses helped it beat third-quarter revenue expectations.
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Eni's biofuel unit could be valued up to 12.5 bln euros in KKR deal

UPDATE 4-Eni's biofuel unit could reach 12.5 bln euro valuation in KKR deal KKR enters exclusive talks to buy stake in Eni's biofuel unit Potential valuation of Enilive above market expectations Suitors attracted by Enilive's integrated business Adds comments from sources on the timing of the deal in paragraph 3 and on suitors' interests in paragraphs 9-11 By Francesca Landini MILAN, July 23 (Reuters) - Italy's Eni ENI.MI is in exclusive talks with investment company KKR KKR.N over the sale of a
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UK Stocks-Factors to watch on July 23

UK Stocks-Factors to watch on July 23 July 23 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Tuesday, with futures FFIc1 down 0.2%. * BP: British oil and gas producer BP BP.L , Venezuela's state oil company PDVSA and Trinidad and Tobago's National Gas Company are speeding negotiations for a Venezuelan license to develop natural gas deposits in the Caribbean Sea, four people familiar with the matter said.
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BP, PDVSA rush to complete gas deal before Venezuela election

BP, PDVSA rush to complete gas deal before Venezuela election By Curtis Williams and Mayela Armas HOUSTON/CARACAS, July 22 (Reuters) - British oil and gas producer BP BP.L , Venezuela's state oil company PDVSA and Trinidad and Tobago's National Gas Company are speeding negotiations for a Venezuelan license to develop natural gas deposits in the Caribbean Sea, four people familiar with the matter said.
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Asia Crude Oil Tenders Summary-IRPC buys Sept Murban, Das at higher premiums

Asia Crude Oil Tenders Summary-IRPC buys Sept Murban, Das at higher premiums SINGAPORE, July 22 (Reuters) - For spot crude tender news stories please click..... CRU-O/TEND-O For tenders on oil products please click: Naphtha...... NAP/TENDA Gasoline... MOG/TENDA Jet/Diesel... MDIS/TENDA Fuel Oil... FUEL/TENDA OUTSTANDING ASIA/MIDEAST CRUDE OIL TENDE
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Traders eye return to business as usual after cyber outage, issues remain

UPDATE 3-Traders eye return to business as usual after cyber outage, issues remain LSEG data feeds, FX pricing temporarily affected by outage European Energy Exchange says some clients had problems trading Schwab reports issues with some online functions Bank of America, Goldman Sachs see no major impact on systems Updates with JPMorgan outage in paragraphs 1 and 14. LONDON/NEW YORK, July 19 (Reuters) - Trading returned to normal on Friday after a global technology outage hampered operations at
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Middle East Crude-Dubai steady; Oman, Murban slip

Middle East Crude-Dubai steady; Oman, Murban slip SINGAPORE, July 19 (Reuters) - Middle East crude benchmark Dubai held steady on Friday, supported by purchases on the window, but spot premiums for Oman and Murban slipped. Taiwan's CPC has bought 6 million barrels of U.S. West Texas Intermediate crude at premiums of more than $3 and $4 a barrel, traders said.
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India ONGC to pay Equinor $60 mln for stake in Caspian Sea oil assets

India ONGC to pay Equinor $60 mln for stake in Caspian Sea oil assets NEW DELHI, July 19 (Reuters) - India ONGC Videsh has signed a $60 million deal with Norwegian energy giant Equinor EQNR.OL to raise its stake in the offshore Azeri Chirag Gunashil (ACG) oil field in the Caspian sea and linked pipeline, the Indian company said on Friday. OVL, the overseas investment arm of India's top explorer, will buy a 0.615% stake in the oilfield and a 0.737% share in the Baku Tbilisi Ceyhan (BTC) pipeline
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Traders from London to Singapore struggle as cyber outage disrupts business

Traders from London to Singapore struggle as cyber outage disrupts business LONDON, July 19 (Reuters) - Traders in oil, gas, power, stocks, currencies and bonds from London to Singapore struggled to operate on Friday as a global cyber outage hampered operations, companies, banks and trading sources said. LSEG Group LSEG.L , which runs the London Stock Exchange, said its Workspace news and data platform suffered an outage that affected users worldwide due to a "third-party global technical issue"
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Singapore's maritime decarbonisation centre completes its final marine biofuels trial

Singapore's maritime decarbonisation centre completes its final marine biofuels trial SINGAPORE, July 19 (Reuters) - Singapore's Global Centre for Maritime Decarbonisation (GCMD) has completed its final trial of biofuels for powering ships with German container firm Hapag-Lloyd HLAG.DE and energy major BP BP.L , it said in a statement this week. This was the fifth and final trial in an $18 million project the GCMD began in 2022 with various companies to test different biofuel blends to reduce ca
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