Bp Share Discussion Threads

[abbotslynn] 02/6/2019 16:16

Iran and Trump every little helps

[the grumpy old men] 01/6/2019 10:24

walders looks like climate change might be an important factor afterall

[the grumpy old men] 01/6/2019 10:22

BUSINESS INSIDER France



Why the CEOs of Shell, BP, and 11 other major corporations have decided to lobby DC for climate change legislation

Richard Feloni

31 May 2019, 13:49

better capitalism banner PMI

The heads of 13 large global companies launched the CEO Climate Dialogue in May to lobby Washington, DC, for market-based climate legislation.
"Market-based" here refers to policies like a carbon tax or cap and trade.
Many of these companies have long lobbied for non-environmentally-friendly policies, but now want to influence inevitable climate policies while they still have the chance.
This article is part of our ongoing series on Better Capitalism.
Visit Business Insider's homepage for more stories.

President Donald Trump has built an administration opposed to any significant action toward addressing man-made climate change, from repealing regulations for coal companies to withdrawing from the Paris Agreement. But now CEOs from some of the companies he's trying to benefit are asking for climate legislation.

The heads of 13 large international companies and four environmental nonprofits announced the CEO Climate Dialogue in May, with the intent of lobbying "the President and Congress to enact a market-based approach to climate change."

Gretchen Watkins, president of Shell, stated in the group's press release that "an effective carbon pricing policy, based on the guiding principles outlined by The CEO Climate Dialogue is one of the strongest levers we can pull to foster innovation, inspire new technology and drive lower carbon consumer choices."

The group has not formed an actual organization, but is rather agreeing to push for a set of shared principles, with the idea that if its members can steer the conversation around laws they're comfortable with, then they won't have to radically adjust to harsher regulations that would inevitably be passed in the not-too-distant future.

The CEO Climate Dialogue includes the chief executives of BASF Corporation (chemicals), BP (oil and gas), Citi (banking), Dominion Energy (electricity and gas), Dow (chemicals), DTE Energy (electricity and gas), DuPont (chemicals), Exelon (electricity, gas, and nuclear energy), Ford (automobiles), LafargeHolcim (building materials), PG&E (electricity and gas), Shell (oil and gas), and Unilever (consumer goods).

They're collaborating with the Center for Climate and Energy Solutions, the Environmental Defense Fund, The Nature Conservancy, and the World Resources Institute, and are using the Meridian Institute nonprofit to work on their lobbying approach.

The group has agreed to these six principles:

Reduce US greenhouse gas emissions by at least 80% by 2050.
Policies must consider the economic stability of the industries involved and focus on specific outcomes rather than specific technologies.
The solutions must be market-based, meaning that they could entail policies like a carbon tax or a cap-and-trade credit system.
The policies will be adaptable over time.
The solutions must protect the environment without harming the competitiveness of the US economy.
The policies must be transparent and benefit American workers and communities that have the least resources to adapt.

The 13 corporations are no strangers in DC. Open Secrets found that they together spent $55.8 million on lobbying last year. And there's reason to be skeptical: InfluenceMap researchers found that the five largest oil and gas companies, which includes BP and Shell, last year spent $400 million on climate-related lobbying/branding and $960 million on non-climate-related lobbying/branding. This year, they're projected to spend $110.4 billion on their oil and gas businesses and just $3.6 billion in low-carbon investments. There is also years of examples of these companies and others "greenwashing," where publicized climate-friendly messaging hides far more significant action toward supporting contradictory policies.

But over just the last couple years, as the Trump administration has pushed further away from recognizing humans' effects on climate and the scientific consensus that the current way of doing business is leading to a destabilized future, momentum is building in the opposite direction.

Investor groups like Climate Action 100+ (which is made up of 338 institutional investors led by CalPERS that oversees a total of $30 trillion in assets under management) have been pushing the world's largest greenhouse-gas emitters to adapt their strategies to the goals of the Paris Agreement of 2015. It's so far had success with companies like BP and Shell.

Mindy Lubber is the CEO of the nonprofit Ceres and a board member of Climate Action 100+, and she told Business Insider that they've been working on getting businesses to see that reducing their emissions is necessary for their long-term success. As the US government's Fourth National Climate Assessment found late last year, the US economy will shrink by 10% (a massive number) by the end of the century if the current pace of climate change continues. Lubber is motivated by urgency, but is willing to see corporations take small steps to kick things off. "For some of these companies, we're asking them to radically change what they do," she said.

[the_man_with_the_pink_gun] 01/6/2019 07:26

GREAT UPLOAD JONATHAN.


331 anáthema -from 303 -aná, "up" concluding a process, (given up) to destruction;

[hellscream] 01/6/2019 04:03

america wants to sell off, thats all, only problem is we didnt go up. wouldnt mind the shares at £4.50 tho for divi re-investment.

[optomistic] 31/5/2019 17:02

Down to $64.5 Skinny, surprised the share price firmed a little....not complaining though.

[waldron] 31/5/2019 16:43

Brent Crude Oil NYMEX 63.44 -2.89%
Gasoline NYMEX 1.80 -2.89%
Natural Gas NYMEX 2.48 -2.55%
(WTI) 55.05 USD -1.70%

FTSE 100
7,161.71 -0.78%
Dow Jones
24,935.15 -0.93%
CAC 40
5,207.63 -0.79%
SBF 120
4,118.56 -0.73%
EuroStoxx 50
3,280.43 -1.11%
DAX Index
11,726.84 -1.47%
Ftse Mib
19,820.15 -0.64%


Eni
13.58 -0.82%



Total
46.64 -0.43%

Engie
12.45 -0.40%

Orange
14.04 -0.04%

Bp
540.1 -0.22%

Vodafone
129.42 -0.40%

Royal Dutch Shell
2,461 -0.20%


Royal Dutch Shell
2,473.5 -0.28%

[optomistic] 31/5/2019 10:13

Could be another buying opp...Added a few more @ 537p

[buywell3] 31/5/2019 05:32

.................... The Tories 12 Disciples ..................


We now have the chosen 12 who will lead us out of all our troubles.

A 13th will come sayeth the 22 committee who make complete the holey group.

From one of these a leader will be anointed to guide us all along the paths of Tory righteousness for we as a people do not know what we do.

Guidance and Deliverance is at hand , the chosen one will save us from our Brexit sins and make us clean and whole again.


buywell AD 2019

[waldron] 30/5/2019 16:45

Brent Crude Oil NYMEX 66.24 -2.40%
Gasoline NYMEX 1.87 -2.46%
Natural Gas NYMEX 2.54 -3.28%
(WTI) 57.89 USD -1.91%

FTSE 100
7,218.16 +0.46%
Dow Jones
25,148.29 +0.09%
CAC 40
5,248.91 +0.51%
SBF 120
4,148.64 +0.56%
EuroStoxx 50
3,318.15 +0.69%
DAX Index
11,902.08 +0.54%
Ftse Mib
19,928.87 -0.36%



Eni
13.692 -0.31%


Total
46.84 +0.01%

Engie
12.5 -0.16%

Orange
14.045 +0.79%

Bp
541.3 +0.00%

Vodafone
129.94 +0.49%

Royal Dutch Shell
2,466 +0.24%


Royal Dutch Shell
2,480.5 +0.20%

[optomistic] 30/5/2019 16:10

Oil down again now at $67.4, must have an effect on the share price in the morning unless there is a reversal overnight.

[waldron] 29/5/2019 16:10

Brent Crude Oil NYMEX 67.13 -2.24%
Gasoline NYMEX 1.90 -2.05%
Natural Gas NYMEX 2.64 +2.17%

(WTI) 57.28 USD -2.75%

FTSE 100
7,185.3 -1.15%
Dow Jones
24,990.16 -1.41%
CAC 40
5,222.12 -1.70%
SBF 120
4,125.4 -1.66%
EuroStoxx 50
3,295.56 -1.56%
DAX Index
11,837.81 -1.57%
Ftse Mib
20,011.76 -1.23%



Eni
13.734 -2.08%

Total
46.835 -1.44%


Engie
12.52 -1.42%

Orange
13.935 -0.68%


Bp
541.3 -0.77%

Vodafone
129.3 +1.71%

Royal Dutch Shell
2,460 -0.87%


Royal Dutch Shell
2,475.5 -1.14%

WHAT A GREY DAY

[waldron] 29/5/2019 05:28

APPEA 2019: BP wants to please customers with less carbon-intensive LNG
Peter MilneThe West Australian
Wednesday, 29 May 2019 6:18AM
BP vice-president for carbon management Gardiner Hill speaks at this year's APPEA conference in Brisbane.
BP vice-president for carbon management Gardiner Hill speaks at this year's APPEA conference in Brisbane.

LNG with a lower carbon footprint will be favoured by some buyers in the future says BP, which has a stake in Woodside’s proposed carbon-intensive Browse project.

BP vice-president for carbon management Gardiner Hill said just like companies such as Amazon and Microsoft committing to be entirely powered by renewable energy, LNG customers of the future would be sensitive to the carbon intensity of the gas they purchase.

Mr Hill told the APPEA conference in Brisbane this morning that the British oil major had put a lot of thought into the issue.

“We are looking at how we can have a lower carbon gas supply chain than the industry standard,” he said.　

BP owns about 17 per cent of the $US20.5 billion ($29.6 billion) Browse LNG project. Woodside plans to start front-end engineering later this year and aims to sanction it by the end of 2020.

Mr Hill said Browse was a very carbon intensive project with a high but-not-unusual level of carbon dioxide in the reservoir.

The offshore component of Browse would emit the equivalent of 4 million tonnes of CO2 a year for 50 years, with emissions peaking at 7 million tonnes a year, according to Woodside documents filed with the Federal Environment Department in November.

Most of the emissions would come from gas burnt to power two floating production vessels and pump the gas 900km to the North West Shelf’s Karratha gas plant.

Carbon dioxide making up 10 per cent the reservoir gas would be vented to the atmosphere.

Woodside chief executive Peter Coleman said yesterday that Browse’s offshore facilities would not have been subject to the controversial and now withdrawn EPA carbon emission guidelines because they were in Commonwealth waters.

The North West Shelf plant is within the jurisdiction of the EPA.

“It’s a hugely challenging development, but it’s a terrific opportunity,” Mr Hill said.

BP was closely involved in Woodside’s efforts to reduce Browse’s emissions.

“I think within the right portfolio, it probably has the right characteristics (for investment).”　

Mr Hill said oil and gas companies throughout the world were having to manage the risk of making investment decisions without knowing what carbon policy would apply in the future.

“That’s exactly the challenge of the energy transition,” he said.

“Unfortunately, today there is no carbon price. We think a carbon price is an important way to tackle climate change.

“It’s free to emit CO2 to the atmosphere. It doesn’t feel right, it shouldn’t be like that, it really needs to be a cost to change people’s behaviour.”

[waldron] 28/5/2019 16:09

FTSE 100
7,268.95 -0.12%
Dow Jones
25,567.58 -0.07%
CAC 40
5,312.69 -0.44%
SBF 120
4,195.04 -0.37%
EuroStoxx 50
3,347.76 -0.44%
DAX Index
12,027.05 -0.37%
Ftse Mib
20,250.65 -0.55%

Brent Crude Oil NYMEX 69.87 -0.41%
Gasoline NYMEX 1.94 -0.41%
Natural Gas NYMEX 2.59 +0.15%

(WTI) - 28/05 17:41:57
58.84 USD -0.52%



Eni
14.026 -0.31%

Total
47.52 -0.69%

Engie
12.7 -0.39%

Orange
14.03 +0.07%


Bp
545.5 +0.18%

Vodafone
127.12 +0.81%

Royal Dutch Shell
2,481.5 -0.22%


Royal Dutch Shell
2,504 +0.14%

[grupo] 28/5/2019 07:20

(BP.)
Add to my list
Report

Real-time Quote. Real-time CHI-X - 05/28 08:20:01 am
546.15 GBp +0.30%

[johnwise] 28/5/2019 07:08

GLOBAL WARMING IS THE BIGGEST FRAUD IN HISTORY - Dan Pena

VIDEO

[waldron] 27/5/2019 16:05

CAC 40
5,336.19 +0.37%
SBF 120
4,210.82 +0.35%
EuroStoxx 50
3,362.64 +0.37%
DAX Index
12,071.18 +0.50%
Ftse Mib
20,349.8 -0.13%

Brent Crude Oil NYMEX 69.71 +1.48%
Gasoline NYMEX 1.94 +1.24%
Natural Gas NYMEX 2.58 -1.30%

(WTI) - 27/05 17:43:48
58.91 USD +0.27%

Eni
14.07 +0.11%



Total
47.85 +0.62%


Engie
12.75 +1.03%

Orange
14.02 +0.50%

Heres to upward momentum tomorrow

CHEERS

[la forge] 27/5/2019 15:29

BP has awarded Vroon Offshore multi-year contract
5/27/2019
null
Photo: Vroon's Voss Grace emergency response vessel.

ABERDEEN -- This award will see industry recognized North Sea emergency response vessels and expertise transferred to international waters.

Vroon Offshore, the North Sea’s operator of emergency rescue and response vessels (ERRVs), will provide three specialist vessels to support BP’s operations in the Caribbean: the VOS Gorgeous, the VOS Fabulous and the VOS Grace. Dedicated to supporting offshore operations 24/7 365 days a year, ERRVs are fully equipped to recover and rescue people from the water, provide a place of safety and medical aid. They also monitor the safety zone, helping to avoid collisions, act as a first response in handling oil spills and as a reserve radio station.

These vessels and their specialist crews have departed from North Sea waters to service the contract and Vroon Offshore will establish a local presence in Trinidad and Tobago to support them.

Click here for more from Vroon: Vroon Offshore Services wins new contract with Total E&P

This contract follows a 2018 agreement between BP and Vroon Offshore to supply five ERRVs in the North Sea and West of Shetland on a long-term contract.

Craig Harvie, managing director of Vroon Offshore Services Aberdeen said, “The award of this major contract, which further strengthens our relationship with BP, underlines their appreciation of the benefits of implementing the proven North Sea ERRV model. It’s a real signal of confidence in the effectiveness of North Sea emergency response and rescue services. We’re thrilled to have been selected as BP’s preferred partner in Trinidad and Tobago and view it as a platform from which to move into the wider Caribbean and South American markets.

“Significant investment in our fleet in recent years has cemented our position as a market leader. Our modern and versatile fleet, combined with highly qualified, experienced colleagues, means we provide safe, reliable, value-added, cost-effective services which meet the needs of our customers.”

Commenting on the contract award, marine team lead at BP Trinidad and Tobago, Sham Parasram said, “BP looks forward to working with Vroon and leveraging their expertise and the relationship already built up in our UK North Sea region.”

[waldron] 24/5/2019 18:24

FTSE 100
7,277.73 +0.65%
Dow Jones
25,581.08 +0.36%
CAC 40
5,316.51 +0.67%

Brent Crude Oil NYMEX 68.44 +1.00%
Gasoline NYMEX 1.91 +0.79%
Natural Gas NYMEX 2.61 +0.62%

(WTI) - 24/05 19:56:56
58.48 USD +0.50%



Eni
14.054 +0.96%

Total
47.555 +0.35%


Engie
12.62 +0.56%

Orange
13.95 +1.23%

Bp
544.5 +0.07%

Vodafone
126.1 +2.25%

Royal Dutch Shell
2,487 +0.51%

Royal Dutch Shell
2,500.5 +0.60%

[la forge] 24/5/2019 08:41

optomistic
24 May '19 - 09:35 - 90691 of 90691
0 0 0
Never in my lifetime I hope, would make petrol at the pumps about £2.8 ltr

lol

and perhaps it might happen or you would be speeding about in your hybrid
electric hover machine a la delorean

[optomistic] 24/5/2019 08:35

Never in my lifetime I hope, would make petrol at the pumps about £2.8 ltr