BP

BP joins DCS joint venture to accelerate adoption of EVs

BP joins DCS joint venture to accelerate adoption of EVs

British oil & gas giant BP has joined forces with BMW Group and Daimler Mobility as the third stakeholder in the Digital Charging Solutions GmbH (DCS) joint venture to further accelerate the gr

Volkswagen partners with BP to create ultra-fast EV charging network in Europe

Volkswagen partners with BP to create ultra-fast EV charging network in Europe

German automaker Volkswagen Group has confirmed that it has signed a strategic deal with British multinational oil & gas giant BP Plc to create a network of ultra-fast charging infrastructure f

BP suffers steep decline in Q1 underlying profit

Global oil & gas giant BP suffered a steep decline of around 25 per cent in its underlying profit in the quarter ended March 31 as a huge write-off of the value of its American shale acreage weighed on its earnings.

US judge: BP persuading oil claims official

New Orleans District Judge Carl Barbier has ordered BP to abstain from referring to the Gulf Coast Claims Facility (GCCF) and its executive Ken Feinberg as fencesitter.

Dead and dying corals found near the site of the BP oil spill

This year a deep sea oil well spilled millions of gallons of oil into the Gulf of Mexico. Recently, scientists have discovered dead and dying corals near it, said a spokesperson of the Federal Government on Thursday.

A recent research cruise that was ended on Thursday found dead corals. These corals were apparently coated with a brown substance. These scientists found the dying corals while out on an excursion.

BP On a Road to Recovery

On Tuesday, BP PLC reported a 66.5% decrease in net profit for the third quarter, as the Company acquired another $7.66 billion pre-tax charge connected to the Gulf of Mexico oil spill.

The Company although surpassed the forecast made by the analysts in certain main standards.

The Company based in the United Kingdom reported that the net profit for the period of three months was $1.79 billion, as compared to $5.34 billion for the third quarter of previous year.

Royal Dutch Shell PLC and ExxonMobil Corp. have also showed increased twelve-monthly quarterly profits.

Pages

Advertisements