BP (LSE:BP.) highlights a major effort to supply jet fuel across Europe during recent disruptions linked to US strikes on Iran. The company increases aviation fuel deliveries to key European hubs to help maintain flight operations during Middle East supply interruptions. BP expands its trading activities in Venezuelan oil, operating alongside large commodity traders such as Trafigura and Vitol. The twin moves underline BP's role in regional energy security and its growing presence in...

BP stock has delivered a strong 138.7% return over the past 5 years, yet current valuation checks and recent news leave the shares looking closer to fairly priced than clearly cheap. Over 5 years BP has returned 138.7%, which puts current holders in a strong position and raises the bar for new investors assessing further upside. The return to Venezuela through the Loran Phase 2 offshore gas project can support long term cash flow expectations, while political and regulatory risk in markets...

BP (LSE:BP.) has re-entered Venezuela by loading 400,000 barrels of heavy fuel oil from PDVSA and joining partners on the second phase of the Loran gasfield, giving the stock fresh emerging market exposure. See our latest analysis for BP. The Venezuela move comes as BP shares trade at £5.522, with a 1-day share price return of 2.39% and a year-to-date share price return of 26.10%. The 5-year total shareholder return of 138.67% points to strong long-term compounding. If this kind of emerging...

Emerson Electric Co. (NYSE:EMR) and BP p.l.c. (NYSE:BP) made headlines together on August 13 after BP awarded Emerson a multi-million-dollar contract to supply integrated control and safety systems for its $2.9 billion Shah Deniz Compression project in the Caspian Sea. Operating remotely from BP’s Sangachal terminal, the electrically powered, normally unattended offshore platform will utilize […]

European equities traded in the US as American depositary receipts were tracking higher late Thursda

U.K. ETFs are gaining attention as resilient growth, strong FTSE performance and supportive sector trends put the market in focus.

US oil magnate Harold Hamm is partnering with Swiss trading house Mercuria to spearhead a multibillion-dollar drilling campaign in one of the...

A Bloomberg report on August 18 revealed that BP plc (NYSE:BP) has become the latest foreign company to enter the Venezuelan oil trade, with the tanker Monte Lema loading 400,000 barrels of heavy fuel oil for the British energy giant. The oil is being supplied by the state-owned PDVSA. The strategic move places BP among […]

CVX's Angola discovery adds fresh oil and gas potential, with a possible tie-back to existing facilities and more growth opportunities ahead.

Host Kenny Polcari joins Academy Securities' Peter Tchir and Wall Street Alliance Group's Aadil Zaman to break down the shift toward production for security, how to hedge geopolitical risks using the energy sector, and why the real AI money is moving into phase 2 industrial beneficiaries.

8.44am: Inflation may not move Bank of England dial Some thoughts on this morning's UK inflation numbers, which showed July's CPI up 2.9% from a year ago, increasing from 2.6% in June. Core CPI stayed put at 2.6%, while services CPI slowed to 3.4% from 3.6%. "What happened in July?...

When US hedge fund Elliott Management moved to buy a stake in BP last year, there was more to the purchase than met the eye.

When US hedge fund Elliott Management moved to buy a stake in BP last year, there was more to the purchase than met the eye.

CVX's Angola discovery adds fresh oil and gas potential, with a possible tie-back to existing facilities and more growth opportunities ahead.

​📈 Follow our live markets data and coverage. If there’s any business for which changing course really is like turning around a supertanker, it’s Big Oil. At the beginning of this year, the Western world’s five large, integrated energy companies were talking about things like “structural cost efficiencies,” “consistent delivery” and “superior shareholder returns, despite declining oil prices.”

European stock indexes largely slipped, with technology and industrial stocks falling, as higher oil prices and borrowing costs weighed.

Chevron's new offshore Angola discovery could tie into existing Block 0 infrastructure, adding fresh momentum to the country's oil industry.

As passage of oil through the Strait of Hormuz remains shrouded in uncertainty, the world's largest oil companies are stocking up their cash reserves, according to The Kobeissi Letter.

Bidders are lining up for BP’s North Sea oil fields after the company released confidential sale documents for the £2.5bn package.

BP (LSE:BP.) has agreed to return to Venezuela as operator of the offshore Loran Phase 2 gas project, partnering with XRG and UCC. The move follows recent energy reforms in Venezuela and a relaxation of US sanctions that had limited foreign participation in the sector. BP's role in Loran Phase 2 marks a fresh opening for international capital and technical expertise in Venezuelan offshore gas. This renewed presence in Venezuela highlights how BP is only one of several energy companies tied...

Energy stocks were edging higher pre-bell Friday, with the State Street Energy Select Sector SPDR ET

BP estimates four trillion cubic feet of recoverable gas resources in the project, part of the Plataforma Deltana area, and expects to deliver it 'in parallel with phase 1'.

BP has secured a licence to drill for gas off the coast of Venezuela just a fortnight after announcing plans to quit the North Sea.

Venezuela has awarded BP a licence to develop the offshore Loran gas field alongside state-backed partners from the UAE and Qatar, marking the British company's return to a country whose energy sector has been reopening to foreign investors since US forces captured Nicolás Maduro.View on euronews

The licence will be held equally with BP and UCC Oil and Gas Holding and is subject to regulatory approvals.

The platformis designed to access low-pressure gas reserves in the Shah Deniz field and serve as a central compression hub.

The Loran field in the Plataforma Deltana area holds an estimated 4 trillion cubic feet of recoverable gas, the companies said late Thursday.

BP has secured an offshore Venezuelan gas license covering an estimated 4 trillion cubic feet of recoverable resources.

XRG, the investment arm of Abu Dhabi National Oil Company, said Thursday that Venezuela awarded it a stake in an offshore gas license, alongside BP and a Qatari company. XRG’s entry into the Latin American country comes as the United Arab Emirates and Qatar struggle to move oil and gas cargoes through the Strait of Hormuz following the Iran war. The license gives XRG and its partners access to the Loran offshore gas field, which has roughly 4 trillion cubic feet of proven reserves, and is near the similarly sized Dragon field operated by Shell.

Britain’s North Sea shutdown costs have surged to £54bn as taxes on the oil and gas industry drive more companies from UK waters.