Bp Share Discussion Threads

[waldron] 28/6/2018 17:49

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[maywillow] 28/6/2018 08:16

Thursday 28 June 2018 7:25am
BP acquires UK's largest electric vehicle charging company Chargemaster
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Josh Mines
Josh Mines is a reporter for City A.M. covering telecommunications and marketing [..] Show more
Chargemaster is the UK's largest electric vehicle charging company (Source: BP)

BP added another company to its portfolio of green assets today, as it announced it would buy the UK's biggest electric vehicle (EV) firm Chargemaster.

The company operates over 6,500 EV charging points across the UK, and sells and maintains EV charging units across a wide range of locations, including home charging.

The oil and gas giant expects there to be a boom in EV over the next few decades, with the number of EVs on Britain's roads expected to rise to 12m by 2040.

Read more: New energy tariff aims to slash charging cost for electric vehicle owners

But it said for EVs to be commonly adopted by customers, there had to be better access to fast and ultra-fast charging. The acquisition will allow BP to deploy more charging points at its 1,200 service stations across the country, including rapid charge points capable of delivering a 100 mile range in 10 minutes.

This is not the first green investment BP have made recently. Last month, it invested $20m in a firm which makes ultra fast electric vehicle batteries which can charge an EV in the same time as it takes to refuel a petrol car.

Tufan Erginbilgic, chief executive, BP downstream, said:

Bringing together the UK’s leading fuel retailer and its largest charging company, BP Chargemaster will deliver a truly differentiated offer for the country’s growing number of electric vehicle owners.

At BP we believe that fast and convenient charging is critical to support the successful adoption of electric vehicles. Combining BP’s and Chargemaster’s complementary expertise, experience and assets is an important step towards offering fast and ultra-fast charging at BP sites across the UK and to BP becoming the leading provider of energy to low carbon vehicles, on the road or at home.

Chargemaster was created in 2008 and runs POLAR, the UK's biggest network of charging points. POLAR currently has over 40,000 customers, of which many have a monthly subscription for the service while some opt for a pay-as-you-go plan.

Chargemaster chief exec David Martell said: "The acquisition of Chargemaster by BP marks a true milestone in the move towards low carbon motoring in the UK. I am truly excited to lead the Chargemaster team into a new era backed by the strength and scale of BP, which will help us maintain our market-leading position and grow the national POLAR charging network to support the large range of exciting new electric vehicles that are coming to market in the next couple of years."

[waldron] 27/6/2018 17:40

Total
52.49 +1.96%

Engie
13.27 +1.34%

Orange
14.455 +0.91%

FTSE 100
7,621.69 +1.11%
Dow Jones
24,463.51 +0.74%
CAC 40
5,327.2 +0.87%


Brent Crude Oil NYMEX 77.80 +1.82%
Gasoline NYMEX 2.11 +2.33%
Natural Gas NYMEX 2.97 +0.75%


BP
582.3 +3.35%


Shell A
2,640.5 +2.58%


Shell B
2,729 +2.81%

[waldron] 26/6/2018 17:19

Total
51.48 -0.37%


Engie
13.095 +0.54%

Orange
14.325 -0.69%

FTSE 100
7,537.92 +0.37%
Dow Jones
24,297.3 +0.18%
CAC 40
5,281.29 -0.05%

Brent Crude Oil NYMEX 76.13 +1.60%
Gasoline NYMEX 2.06 +1.09%
Natural Gas NYMEX 2.92 -0.44%

BP
563.4 +1.15%


Shell A
2,574 +1.36%



Shell B
2,654.5 +1.16%

[waldron] 25/6/2018 17:49

Total
51.67 -1.54%

Engie
13.025 -1.59%

Orange
14.425 -0.48%

FTSE 100
7,509.84 -2.24%
Dow Jones
24,167.59 -1.68%
CAC 40
5,283.86 -1.92%

Brent Crude Oil NYMEX 74.22 -1.97%
Gasoline NYMEX 2.03 -1.21%
Natural Gas NYMEX 2.92 -0.82%


BP
557 -3.40%


Shell A
2,539.5 -2.66%


Shell B
2,624 -3.08%

[waldron] 25/6/2018 09:56

Total
52.21 -0.51%

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13.155 -0.60%

Orange
14.51 +0.10%


FTSE 100
7,619.46 -0.82%
Dow Jones
24,580.89 +0.49%
CAC 40
5,346.84 -0.75%


Brent Crude Oil NYMEX 75.00 -0.94%
Gasoline NYMEX 2.04 -0.64%
Natural Gas NYMEX 2.91 -1.19%



BP
566.9 -1.68%

Shell A
2,590.5 -0.71%


Shell B
2,690.5 -0.63%

COULD IT BE DOWN TO

TRUMPS TWETTER TARIFS TANTRUM

[waldron] 22/6/2018 17:41

Total
52.48 +3.31%

Engie
13.235 +0.65%

Orange
14.495 +1.68%

FTSE 100
7,682.27 +1.67%
Dow Jones
24,630.78 +0.69%
CAC 40
5,387.38 +1.34%

Brent Crude Oil NYMEX 74.86 +2.45%
Gasoline NYMEX 2.04 +2.13%
Natural Gas NYMEX 2.93 -1.38%

BP
576.6 +3.06

Shell A
2,609 +3.39%


Shell B
2,707.5 +3.46%

THE WEEK ENDS ON A POSITIVE NOTE

I guess a cheap buy in is now off the table


HAVE GREAT WEEKEND

SUNNY HERE BUT A VERY CHILLY WIND DOETH BLOW

[bracke] 22/6/2018 17:13

Thanks verynice

[waldron] 21/6/2018 18:22

Total
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13.15 -0.75%

Orange
14.255 -0.73%


FTSE 100
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Dow Jones
24,478.93 -0.73%
CAC 40
5,316.01 -1.05%


Brent Crude Oil NYMEX 73.60 -0.82%
Gasoline NYMEX 2.00 -0.39%
Natural Gas NYMEX 2.97 +0.27%


BP
559.5 -0.87%

Shell A
2,523.5 -0.59%


Shell B
2,617 -1.06%

[veryniceperson] 21/6/2018 17:09

Nicely put bracke

[optomistic] 21/6/2018 16:17

(Sharecast News) - BP has decided to call of an agreed acquisition of Woolworths' petrol and convenience store network across Australia.
The A$1.8bn deal, which was announced in 2016, would have seen BP add the retailer's 543 service stations to its own 350 outlets across Australia.

Australia's competition watchdog, the ACCC, last December raised concerns about the deal, saying it would hurt consumers in the long run as they would end up paying more for fuel.

The oil major said it had explored "every available option" to overcome the competition regulator's objections, including selling sites and bringing in a third party, without success.

"Despite its best efforts, BP has determined the transaction cannot be structured to meet its strategic objectives," BP said in a statement on Thursday.

But the energy giant said the decision does not put an end to its strategy to "transform the retail convenience sector in Australia", pointing to partnerships it has in other countries.

Woolworths said it will continue "to actively engage with alternative options for its petrol business".

[optomistic] 20/6/2018 23:02

hellscream judging by the lack of posts no one is able to answer your question..and I for one also am unable to :-/

[waldron] 20/6/2018 18:02

Total
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Orange
14.36 -0.62%


FTSE 100
7,627.4 +0.31%
Dow Jones
24,685.13 -0.06%
CAC 40
5,372.31 -0.34%


Brent Crude Oil NYMEX 74.33 -0.92%
Gasoline NYMEX 2.00 -1.19%
Natural Gas NYMEX 2.96 +1.37%


BP
564.4 -1.10%



Shell A
2,538.5 -0.90%


Shell B
2,645 -0.64%

[waldron] 19/6/2018 17:15

Total
51.79 -0.84%

Engie
13.2 -0.38%

Orange
14.45 -0.31%


FTSE 100
7,603.85 -0.36%
Dow Jones
24,686.88 -1.20%
CAC 40
5,390.63 -1.10%



Brent Crude Oil NYMEX 74.92 -0.58%
Gasoline NYMEX 2.03 -0.64%
Natural Gas NYMEX 2.90 -1.86%



BP
570.7 -0.19%

Shell A
2,561.5 +0.10%


Shell B
2,662 +0.09%

[hellscream] 19/6/2018 05:00

Can anyone tell me how its economical beneficial to absorb people from Africa? all I see in this country now are black people, and now our taxes has to go up.

[waldron] 18/6/2018 17:25

Total
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14.495 -0.96%

FTSE 100
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5,450.48 -0.93%


Brent Crude Oil NYMEX 74.40 +1.82%
Gasoline NYMEX 2.04 +1.24%
Natural Gas NYMEX 2.96 -2.21%


BP
571.8 +1.20%

Shell A
2,559 +1.49

Shell B
2,659.5 +1.29%

[fhmktg] 15/6/2018 22:43

Brent down $2 and worry about the next opec meeting.Keep the faith the cash is flowing in.