Bp Share Discussion Threads

[waldron] 30/3/2019 09:27

Technical analysis trends
Short Term Mid-Term Long Term
Trend Neutral Neutral Neutral
Resistance 564 598 589
Spread/Res. -0,94% -6,7% -5,2%
Spread/Supp. 4,8% 15% 13%
Support 533 486 495

[veryniceperson] 29/3/2019 23:27

Yup good luck to Dudley, deserves it.

[philanderer] 29/3/2019 20:09

Yep, just seen it in my account :-)

[waldron] 29/3/2019 17:09

FTSE 100
7,279.19 +0.62%
Dow Jones
25,871.37 +0.60%
CAC 40
5,350.53 +1.02%

Brent Crude Oil NYMEX 67.45 +0.52%
Gasoline NYMEX 1.87 +0.54%
Natural Gas NYMEX 2.68 -1.07%

(WTI) - 29/03 17:44:43
59.96 USD +0.77%

Eni
15.754 +1.77%



Total
49.52 +0.46%

Engie
13.28 +0.30%

Orange
14.5 +0.97%



BP
558.5 +1.43%


Shell A
2,413.5 +0.96%


Shell B
2,428 +1.21%

[hellscream] 29/3/2019 16:39

atleast we got our brexit dividend today.

[philanderer] 29/3/2019 16:28

BP boss Bob Dudley took home £11.2m in pay last year after the energy giant more than doubled profits to $12.7bn on the back of rising oil prices.

The group's annual report shows Mr Dudley in 2018 was paid a £1.4m salary, an annual bonus of £646,000 and £8.4m in performance shares.

However, his total take home pay could have been £2m higher had BP's remuneration committee not used its "discretion" to apply a more demanding new policy to his share award.

In addition, Mr Dudley requested that he receive a reduced payout under BP's long term incentive plan.

His pay last year compares with £11.6m received in 2017, which was revised up due to changes in BP's share price.

[waldron] 29/3/2019 16:06

BP, Shell both claim number one investor-returns spot
By Kelly Gilblom on 3/29/2019

WASHINGTON (Bloomberg) -- "This ones on top, then that ones on top and on and on it spins crushing those on the ground," said Daenerys Targaryen from the hit television drama Game of Thrones. In the cutthroat game of global capitalism, there can be only one winner. Unless you’re an oil company.

Both BP Plc and Royal Dutch Shell Plc are claiming the top spot for investor returns within their peer group from 2016 to 2018. That’s an important metric -- taking first place was a significant element in the doubling of Shell CEO Ben van Beurden’s pay last year.

Confusingly, both companies are telling the truth.

The two oil majors rated their performance against France’s Total SA and U.S. rivals Exxon Mobil Corp. and Chevron Corp. from 2016 to 2018. Yet their annual reports used different methodologies to determine total shareholder return. While both look at how much shares increased in value, assuming dividends are re-invested, they use different time scales to measure that change.

BP takes the average share price for the last three months of each year and compares it. Shell does effectively the same thing, but the three-month period it uses straddles the end of the year and beginning of the following year.

Both companies say their methodologies have existed for years, suggesting they aren’t just implemented because they yield convenient results.

Fortunately, it’s not too crowded at the top. Exxon acknowledged it’s not leading on this measure over a 10-year period, while Total didn’t mention it. Chevron has yet to release its 2018 annual report.

[optomistic] 29/3/2019 08:46

Lookimg at the last RNS, is appears they have given themselves some very nice bonuses.
They make the divi increase we got quite trivial!

[tradejunkie2] 28/3/2019 18:54

What will happen here when Tesla model 3 arrives to UK?

[waldron] 28/3/2019 18:37

FTSE 100
7,234.33 +0.56%
Dow Jones
25,685.88 +0.24%
CAC 40
5,296.54 -0.09%


Brent Crude Oil NYMEX 67.09 -0.22%
Gasoline NYMEX 1.87 -0.35%
Natural Gas NYMEX 2.72 -0.11%


(WTI) - 28/03 19:11:20
59.23 USD -0.15%



Eni
15.48 -0.71%


Total
49.295 -0.13%

Engie
13.24 -0.41%

Orange
14.36 -0.28%


BP
550.6 +0.88%


Shell A
2,390.5 +0.67%


Shell B
2,399 +0.63%

[optomistic] 28/3/2019 17:25

OPEC will do as they want...but more discretely than Russia.

[hellscream] 28/3/2019 16:49

why dont opec just do what russia does, and show'em the middle finger.

[philanderer] 28/3/2019 14:15

Trump Asks OPEC to Pump More Oil Because Prices Are Too High

[waldron] 27/3/2019 17:34

FTSE 100
7,194.19 -0.03%
Dow Jones
25,543.21 -0.45%
CAC 40
5,301.24 -0.12%

Brent Crude Oil NYMEX 67.18 -0.37%
Gasoline NYMEX 1.88 -1.59%
Natural Gas NYMEX 2.70 -1.85%


(WTI) - 27/03 17:59:16
59.36 USD -0.80%


Eni
15.59 -0.17%


Total
49.36 -0.45%


Engie
13.295 +0.49%

Orange
14.4 +0.00%



BP
545.8 -0.87%


Shell A
2,374.5 -0.73%


Shell B
2,384 -0.65%

[la forge] 27/3/2019 15:26

Oil Falls After EIA Reports Crude Build
By Irina Slav - Mar 27, 2019, 10:00 AM CDT
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Crude oil prices fell slightly after the Energy Information Administration reported a moderate build in U.S. crude oil inventories for the week to March 22.

These added 2.8 million barrels in the period, the EIA said a day after the American Petroleum Institute reported a surprising build in inventories.

A week earlier, the EIA reported a draw of 9.6 million barrels, which livened up West Texas Intermediate on its way closer to the US$60-per-barrel mark, which it hit briefly earlier this week.

The authority said refineries last week processed 15.8 million barrels of crude daily, compared to 16.2 million bpd a week earlier.

Gasoline production averaged 9.7 million bpd last week, from 9.9 million bpd in the week before. Gasoline inventories fell by 2.9 million barrels, after a draw of 4.6 million barrels in the previous week.

Distillate fuel production averaged 4.9 million bpd last week, virtually unchanged on the week. Distillate fuel inventories fell by 2.1 million barrels.
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This segment of the downstream industry could see more action in the months to come as refiners prepare to capture higher profit margins from increased sales of low-sulfur bunkering ahead of the IMO’s new emission rules that enter into effect next January.

Gasoline production, on the other hand, might swing into a glut as it grows faster than demand in the United States at least. This opens the door wider for exports as we approach driving season in the northern hemisphere.

As for crude oil fundamentals, optimism about a U.S.-China trade deal, the OPEC cuts, and the U.S. sanctions on Iran and Venezuela continue to dominate oil headlines, along with the persistent worry about the world’s economic growth prospects. The tailwinds among these factors have helped to push crude oil benchmarks up 25 percent since the start of the year.

At the time of writing, Brent crude was trading at US$67.63 a barrel, with WTI at US$60.00 a barrel.

By Irina Slav for Oilprice.com

[p0pper] 27/3/2019 13:02

To all you techies and chartists, am I correct in seeing two gaps, one at about 5.15 and the other at about 5.05? tia

[grupo guitarlumber] 27/3/2019 09:42

BP boss hits out at perception North Sea is ‘past its best’

Written by Allister Thomas - 27/03/2019 7:20 am

Ariel Flores is BP's North Sea regional president
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The North Sea boss of BP has hit out at perceptions the region is “past its best”.

Ariel Flores said the region remains the “crown jewel” for the energy supermajor, with BP having similar expectations for the UK sector to booming markets like the Gulf of Mexico.

It comes following billions of pounds of investment from the firm, with the 450million barrel Quad 204 project which came online in 2017 and the huge Clair Ridge development west of Shetland which started up last year and is expected to keep producing to the 2050s.

Mr Flores was reflecting on his first 12 months on the job as BP North Sea president and highlighted the “massive prize” remaining in the sector.
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He said: “One thing that continues to surprise me when I speak to colleagues and others outside the industry in the North Sea is this belief that this region is past its best or that it is on its way out.

“The fact remains that there’s a lot of work to be done around cost-effectiveness, getting our operating efficiency to the right levels as many of our assets get older, but there is still massive potential in this basin.

“We have been part of new projects recently coming onstream and we’re really embarking on innovative technologies and ways of working to open new doors to a very competitive business outlook with a very favourable environment.

“The North Sea, by most estimates, has 10-20billion barrels of remaining potential, which is prolific and real and a massive, massive prize.

“In BP we often refer to the North Sea as the ‘back yard’, our company crown jewel. We know that there are high expectations, very similar to the expectations of our high-margin provinces, which includes the North Sea, but also the Gulf of Mexico, Angola and Azerbaijan.”

COMPETITION

Mr Flores made the speech during an address to business leaders last week at an event hosted by the Scottish Council for Development and Industry.

It comes following an outlook report from trade body Oil and Gas UK, also last week, which stated the North Sea needs £200bn of investment over the next 16 years in order to realise its full potential.

Mr Flores said that, while BP will remain, the region cannot afford to be complacent as investment competition will come from across other global oil and gas basins.

He added: “Competition for global investment dollars from other hydrocarbon basins, and increasingly from alternative energy sources, is only going to increase.

“So as an industry we’ve got to find new ways to develop, we’ve got to do so faster, cheaper and safer, and with a smaller hydrocarbon footprint.

“These changes will largely be driven by digital and advancements in technology. They must.

“Digital is becoming a common word for our operations offshore.

“Technologies like quantum computing, artificial technologies and blockchain are going to deliver phenomenal advances. Not just in energy but across the supply chain and the whole of society.

“The reality for us is that digital is going to be disruptive in a massive way like we’ve never seen before and the speed of change is blistering.

“We have to keep pace and we have to ensure that we’re not left behind as an industry, but we know that this region is renowned for its ability to drive change in the North Sea.”

[waldron] 26/3/2019 20:06

FTSE 100
7,196.29 +0.26%
Dow Jones
25,564.42 +0.19%
CAC 40
5,307.38 +0.89%


Brent Crude Oil NYMEX 67.91 +1.04%
Gasoline NYMEX 1.90 +0.65%
Natural Gas NYMEX 2.75 -0.87%


(WTI) - 26/03 20:04:12
59.94 USD +1.34%


Eni
15.616 -0.05%

Total
49.585 +0.68%

Engie
13.23 -0.53%

Orange
14.4 +0.52%


BP
550.6 +0.44%

Shell A
2,392 +0.38%


Shell B
2,399.5 +0.40%

[grupo guitarlumber] 26/3/2019 16:16

BP PLC (BP.LN, BP) on Tuesday said it has established a $100 million fund for projects aimed at reducing greenhouse-gas emissions in its upstream oil and gas operations.

The U.K. energy giant said the funds will be available over the next three years to support new projects in its exploration and production operations.

BP last year pledged to generate 3.5 million metric tons of sustainable greenhouse-gas emissions reductions across its business by 2025.

The company said the new $100 million fund is in addition to the $500 million a year it invests annually in low-carbon activities such as expanding its alternative energy business.



Write to Colin Kellaher at [e-mail]



(END) Dow Jones Newswires

March 26, 2019 10:11 ET (14:11 GMT)

[waldron] 25/3/2019 18:40

FTSE 100
7,177.58 -0.42%
Dow Jones
25,491.8 -0.04%
CAC 40
5,260.64 -0.18%

Brent Crude Oil NYMEX 67.40 +0.55%
Gasoline NYMEX 1.90 +0.31%
Natural Gas NYMEX 2.77 +0.22%


(WTI) - 25/03 19:17:51
58.98 USD +0.32%


Eni
15.624 -0.48%

Total
49.25 -0.36%

Engie
13.3 +0.42%

Orange
14.325 -0.59%


BP
548.2 -0.71%

Shell A
2,383 -0.36%


Shell B
2,390 -0.67%

[adrian j boris] 25/3/2019 11:06

BP talks on security of pipelines running from Azerbaijan to Europe
25 March 2019 14:30 (UTC+04:00)

Baku, Azerbaijan, March 25

By Leman Zeynalova – Trend:

Safety of the pipeline is firstly assured by the design of the pipeline,Trend reports citing BP Azerbaijan's communications manager Tamam Bayatly.

She made the remarks in an interview with John Batchelor Show, a famous American radio program that has a wide audience of listeners.

“Safety and security is very important to our business. Safety of the pipeline is firstly assured by the design of the pipeline. We have detectors, we have the most modern sensors, designed and built in the pipeline. If there is an even smallest leak in any part of the pipeline throughout Azerbaijan, Georgia and Turkey, 1,768 kilometers [Baku-Tbilisi-Ceyhan], the operators in our control room will detect immediately and will be able to contain that leak closing the valves on both sides of the leaking area. So this is in the design of the pipeline,” she said.

Senior government affairs adviser at BP Guivami Rahimli, for his part, noted that BP has host government agreements with the countries where it operates.

BP has a contract with Azerbaijan and they are looking for the pipeline’s security, in Georgia it is the responsibility of the Georgian government and in Turkey it is the responsibility of the Turkish government, added Rahimli.

The total length of the BTC pipeline is 1,768 kilometers, 443 kilometers of which passes through Azerbaijan, 249 through Georgia and 1,076 through Turkey. Construction of the pipeline was commenced in April 2003, and the pipeline was filled with oil on May 18, 2005.

---

Follow the author on Twitter: @Lyaman_Zeyn

[adrian j boris] 25/3/2019 10:23

Fourth quarter interim dividend for 2018

Payments of dividends in sterling

On 5 February 2019, the Directors of BP p.l.c. announced that the interim dividend for the fourth quarter 2018 would be US$0.1025 per ordinary share (US$0.615 per ADS). This interim dividend is to be paid on 29 March 2019 to shareholders on the share register on 15 February 2019.