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BP plc BP has entered into an agreement to divest its mobility and convenience, as well as bp pulse, businesses in the ...
BP to sell entire US onshore wind portfolio to LS Power as part of $20B divestment plan. LS Power plans to integrate projects ...
This move aligns with BP’s broader “reset” strategy, outlined in 2020, to divest non-core assets and concentrate on integrated ... This transaction follows other asset sales in BP’s ...
BP PLC has identified 22 US properties for divestment in a midstream asset review aimed at bolstering profitability of its refining and associated operations. HOUSTON, Oct. 28-- BP PLC has ...
Net debt currently stands at $40.9 billion so BP should hit this target in 2021 even if help is needed from divestment proceeds from the Petrochemicals and Alaska asset sales.
Alongside its first-quarter results announcement, BP stated that since the second quarter of 2020, it has realized $18.2 billion in divestment and other proceeds.
However, its 3Q19 financial numbers may not be that good, as BP will absorb impairment charges in the range of $2-$3 billion - a part of its asset divestment process. BP's 3Q19 numbers may be weak ...
bp peers like ExxonMobil, Chevron, Equinor, and Total Energies signaled plans to refocus their capital strategies back to their core oil and gas businesses beginning in early 2023.
On Apr 5, 2016, we issued an updated research report on oil major BP plc BP . BP announced divestiture of several non-core assets including. Will BP's Asset Sale Strategy Hamper Profitability ...
bp acquired full ownership of Lightsource bp in October 2024, purchasing the remaining 50.03% stake for £400m ($517.80m) and assuming £2.1bn in debt. The two entities first partnered in 2017.
BP plc BP has entered into an agreement to divest its mobility and convenience, as well as bp pulse, businesses in the Netherlands to Catom. The divestment, expected to be completed by 2025-end ...
BP plc BP has entered into an agreement to divest its mobility and convenience, as well as bp pulse, businesses in the Netherlands to Catom. The divestment, expected to be completed by 2025-end, is ...