BP has reversed its renewable energy ambitions to refocus on oil and gas production, appointing a new chair and selling off ...

BP plc BP has entered into an agreement to divest its mobility and convenience, as well as bp pulse, businesses in the ...

BP (NYSE: BP) has agreed to sell its entire mobility & convenience and BP pulse operations in the Netherlands to Catom, ...

BP to sell entire US onshore wind portfolio to LS Power as part of $20B divestment plan. LS Power plans to integrate projects ...

BP has agreed to sell its 300 Dutch petrol stations to Dutch fuel distribution and trading company Catom as part of its plan ...

BP PLC has agreed to divest its onshore wind business in the United States to LS Power Development LLC, toward a goal of $3-4 billion in asset sales this year. The sale of BP Wind Energy North America ...

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 ...

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.

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.

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 ...

It also plans to divest $25 billion of assets from the second half of 2020 through 2025. As part of its new strategy, BP has also revised its shareholder ... and will be funded with asset ...

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 ...