Share Name Share Symbol Market Type Share ISIN Share Description
British Petroleum LSE:BP. London Ordinary Share GB0007980591 $0.25
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -2.80p -0.59% 472.20p 472.50p 472.70p 474.95p 470.00p 473.75p 24,226,605 16:35:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 181,084.0 5,315.9 12.7 38.4 93,295.98

BP Share Discussion Threads

Showing 91401 to 91420 of 91425 messages
Chat Pages: 3657  3656  3655  3654  3653  3652  3651  3650  3649  3648  3647  3646  Older
DateSubjectAuthorDiscuss
21/2/2018
17:58
Very true. I spent a lot of time studying how coal could replace oil and gas, effectively going back to the 1930s. Global warming hadn't been invented then.
deanforester
20/2/2018
17:53
Peak oil, again, I heard the story many years ago but then it was the opposite of what is being said now, last time around it was that demand would outstrip supply, and we would all be in a terrible mess by 1987, and it had nothing to do with George Orwell, But as Im sure you will appreciate, nothing at all happened, in fact quite the opposite was true, a bit like global warming, from where I sit it is certainly cooler, you should put some weight on the word "COULD" in the first line, and file it with similar words like MAYBE, PERHAPS, IF,
cliveb
20/2/2018
16:47
Christopher Alessi LONDON--Global demand for crude oil could peak in the next two decades, as renewables like solar power surge faster than expected to meet a greater share of the world's energy needs, BP PLC said Tuesday. The world's appetite for oil and other liquid fuels could continue to grow until around 2035, hitting 110.3 million barrels a day--compared with 95 million barrels a day in 2015--before plateauing and falling off in the run up to 2040, the British oil-and-gas giant said Tuesday in the main future scenario, releasing its annual energy outlook. Peak demand could represent a potential reckoning for energy companies that had grown accustomed to crude consumption growing almost every year for over a century. Already, BP, Royal Dutch Shell PLC and other companies have been investing more in natural gas, which has become a vital fuel for producing electricity, and experimenting with renewable production. "The outlook here shows that the world is going to need all forms of energy," BP Chief Executive Bob Dudley said at a news conference Tuesday. "Gas has to be part of the transition, if not a destination fuel" for lowering carbon emissions. BP's outlook shows peak-oil demand coming more quickly than it has forecast in the past. Until now, the company has said crude demand wouldn't stop growing until the 2040s. Unlike competitors, BP releases annual forecasts making predictions about a range of issues including industry investment, supply and demand. Shell has said peak demand could come as soon as 2025 while Chevron Corp. and Exxon Mobil Corp. don't foresee a peak. BP's central forecast assumes that current government policies, technology and societal preferences will evolve in the future similarly to how they have in recent years. Big recent changes have included countries like the U.K. and France planning severe restrictions on the combustion engine and a major push for electric vehicles in China. BP stressed the central forecast was one of six possible scenarios, none of which it would endorse as most likely. All the scenarios show oil demand eventually peaking before 2040 and then declining. In this scenario, renewable sources of energy would increase five-fold to provide around 14% of primary energy globally, contributing to the most diversified energy mix ever. "By 2040, oil, gas, coal and non-fossil fuels each account for around a quarter of the world's energy. More than 40% of the overall increase in energy demand is met by renewable energy," said Spencer Dale, BP's group chief economist. Oil consumption should grow by an average of 0.14% per year between 2016 and 2040, according to the BP scenario, compared with predictions of 0.19%, 0.12% and 0.17% annual oil growth consumption by, respectively, the U.S. Energy Information Administration, the International Energy Agency and the Organization of the Petroleum Exporting Countries. Still, BP expects personal vehicles and industrial trucks "to be dominated by oil," with demand for the fuel comprising around 85% of total transport fuel demand in 2040, compared with 94% today. The majority of that demand should come from developing economies like China and India, BP said. At the same time, BP's evolving transition scenario predicts the number of electric cars on the road will rise to roughly 320 million by 2040, accounting for about 30% of passenger vehicle kilometers. That increase should be bolstered by the emergence of fully-autonomous vehicles in the next decade, most of which are expected to be electrically powered. BP's views on peak-oil demand aren't universally accepted in the industry. Last month at the World Economic Forum in Davos, Switzerland, Saudi energy minister Khalid al-Falih said oil demand would rise as high as 120 million barrels a day over the next two to three decades. Write to Christopher Alessi at christopher.alessi@wsj.com (END) Dow Jones Newswires February 20, 2018 11:25 ET (16:25 GMT)
waldron
20/2/2018
15:22
what fear.. the glut is almost gone.
hellscream
20/2/2018
14:48
BP Energy Outlook forecasts five-fold growth in renewables Madeleine Cuff Madeleine Cuff 20 February 2018 Tweet Facebook LinkedIn Send to Print this page 0 Comments Renewables by far the fastest-growing fuel source over next two decades, according to oil giant, although it expects fossil fuels to still play major role Renewables are set to be the fastest-growing fuel source through to 2040, according to BP's latest Energy Outlook, jumping five-fold to meet around 14 per cent of the world's primary energy consumption. But despite the anticipated rapid growth in clean power supplies, the oil giant expects global carbon emissions will keep rising until at least 2040 - a scenario scientists fear will make it impossible to meet the Paris Agreement goal of keeping temperature increases below 2C. Related articles BP Energy Outlook forecasts five-fold growth in renewables 'Much work needed' to make digital economy environmentally sustainable Singapore to bring in carbon tax from 2019 David Davis to offer fresh assurances on post-Brexit environmental protection IKEA urges clean energy switch with customer tariff offer The report also expects oil and gas will together still account for over half of the world's energy supply in 2040, mainly due to growth in energy use of up to a third driven by soaring demand as developing economies like China and India continue to expand. The latest update from the oil giant, launched today in London, paints a decidedly mixed picture for the green energy transition. It argues that if government policies, technologies and societal preferences evolve in a linear fashion a "comprehensive set of actions" - including carbon pricing - will be urgently needed to avert dangerous global warming. BP stresses its annual Energy Outlooks are not predictions of what will happen, but likely outcomes based on policy and business decisions that are expected to be taken over the coming years. The base case for analysis, which this year BP has dubbed the 'Evolving Transition' scenario, follows the trend of previous BP predictions by envisaging a strong role for oil, coal and gas, as well as renewables in the future energy system. However, despite a shift to cleaner energy sources it still sees carbon emissions rising 10 per cent by 2040. But some analysts remain deeply sceptical over BP's forecasts and the wide disparity they suggest between its business strategy and global emission reduction efforts. "It's significant that BP has kicked the notion of an energy transition to the forefront of its latest outlook," said Luke Sussams, senior researcher at think tank Carbon Tracker. "However, it's business as usual projection - rebranded as the 'Evolving Transition' scenario - shows the yawning gap between company expectations and the 2C climate target set by the world's leaders in Paris in 2015." Nevertheless, this year's report is markedly more bullish on the prospects for low-carbon energy sources than previous editions, with renewables jumping from a forecasted four-fold increase to in the energy mix in the 2017 version (which forecasts to 2035) to the five-fold rise cited in today's report (which looks out to 2040). Likewise, last year BP expected coal demand to continue on a weak but definite growth trajectory out to the mid-2020s, but this year it suggests coal consumption will plateau through to 2040, with its share in primary energy consumption declining to 21 per cent. The shift is mainly down to large economies like China switching from coal to natural gas, BP said, noting that "it seems increasingly likely that China's consumption of coal has peaked". The outlook also follows a series of green energy deals BP has made in recent months, most notably through its re-entry into the solar market with a $200m investment in developer Lightsource. "We are seeing growing competition between different energy sources, driven by abundant energy supplies, and continued improvements in energy efficiency," BP's group chief economist Spencer Dale noted. "As the world learns to do more with less, demand for energy will be met by the most diverse fuels mix we have ever seen." Meanwhile, despite insisting that the transport sector will still be dominated by oil, the role of electric vehicles (EVs) has been given a major uplift in the latest projections. BP says EVs will make up around 15 per cent of the global car fleet by 2040, more than double the six per cent share predicted for 2035 that was contained in last year's Outlook report. EVs are also set to be on the road more regularly, meaning the share of passenger car kilometres powered by electricity could hit more than 30 per cent, BP said. However, BP insists oil demand will still be higher in 2040 than today despite the rapid growth in EVs. It claims to have run the numbers on a scenario under which a worldwide ban on the sales of petrol and diesel cars in in place by 2040. Although such a measure would dampen oil demand by around 10 million barrels a day compared to the Evolving Transition scenario, overall demand would continue to grow, BP said. "The suggestion that rapid growth in electric cars will cause oil demand to collapse just isn't supported by the basic numbers - even with really rapid growth," Dale said. However, environmental concerns are expected to hit oil demand in other areas. While BP suggests non-combusted fuels, such as feedstocks for petrochemicals, will be one of the fastest growth areas for the oil and gas market over the coming decades, growth is likely to be constricted by a global drive to cut down on single-use plastics and packaging, it said.
waldron
20/2/2018
14:00
Do you smell the fear?
tradejunkie2
18/2/2018
11:45
Peny - are you eyeing up anything? Your IG Index was a great call.
ladywormer
16/2/2018
12:29
BP and Total agree to accept each other’s fuel cards across Europe John Wood · 16 February, 2018 BP company owned site BP and Total have agreed a deal to accept each other’s fuel cards across Europe. The agreement will see Total accept use of the BP/Aral fuel card at its network of stations in France, Belgium, Luxembourg, the Netherlands, Poland and Germany. In return, BP/Aral will accept Total’s fuel card at stations in Germany, the UK, Austria, Luxembourg, the Netherlands, Switzerland and Poland. This means that both BP/Aral card and Total card will be accepted at an additional 4,000 stations. “The extension of our acceptance network means that BP/Aral customers now have access to over 22,000 sites in 29 countries, in addition to data and technical support to manage their fleets,” said Guy Moeyens, BP chief operating officer fuels, Europe and southern Africa. Benoît Luc, Total M&S senior vice president for Europe, added: “With this extension of our acceptance network we will be able to satisfy our professional customer needs and perfectly complement our card offer in Europe. It will also contribute to one of the key objective of Total Group: accompany our customers in their energy choices and be the partner of their mobility.”
grupo
16/2/2018
11:47
SGC project being implemented ahead of schedule - BP 16 February 2018 15:08 (UTC+04:00) Baku, Azerbaijan, Feb. 16 By Leman Zeynalova - Trend: The Southern Gas Corridor (SGC) project is being implemented ahead of schedule, BP Regional President for Azerbaijan, Georgia and Turkey Gary Jones said during a press conference in Baku Feb. 16. He noted that the costs for implementation of the SGC project will be lower than the amount envisaged in the project budget. Jones added that this is the biggest project implemented by BP. The Southern Gas Corridor, worth $41.5 billion, is considered as one of the priority energy projects for the EU, which strives for diversification of gas sources. The project envisages the transportation of gas from the Caspian region to the European countries through Georgia and Turkey. At an initial stage, the gas to be produced as part of the Stage 2 of development of Azerbaijan's Shah Deniz field is considered as the main source for the Southern Gas Corridor projects. Other sources can also connect to this project at a later stage. As part of the Shah Deniz Stage 2, the gas will be exported to Turkey and European markets by expanding the South Caucasus Pipeline and the construction of Trans-Anatolian Natural Gas Pipeline and Trans Adriatic Pipeline.
grupo
15/2/2018
22:03
Ir nearly got to 450p so don't doubt the market it will rip you apart. The market has no fear LOL
tradejunkie2
15/2/2018
18:15
So will I. ;)
alphorn
15/2/2018
18:00
I will buy more if it gets to 440p. I doubt it very much it will.
karateboy
15/2/2018
16:01
Back to 440p ladies.
tradejunkie2
15/2/2018
10:25
Thanks Optomistic
dogray123
15/2/2018
08:41
Today is x/d so if you sell you get the divi, tomorrow is record day...do confirm for yourself on the BP website. So far it has been a good x/d day, perhaps following the ADR's which gained a $ yesterday.
optomistic
15/2/2018
08:35
Help please if I sell bp today will I get the dividend if so what is record day thank you
dogray123
14/2/2018
15:01
X/div tomorrow
optomistic
14/2/2018
14:55
dividend record date today?
hellscream
14/2/2018
14:27
US inflation figures came out at 13.30 GMT.
toon1966
14/2/2018
14:26
US inflation data.
alphorn
Chat Pages: 3657  3656  3655  3654  3653  3652  3651  3650  3649  3648  3647  3646  Older
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:41 V: D:20180221 21:08:11