Bp Share Discussion Threads

[hazl] 05/11/2021 08:10

'The growth in renewable energy is dominated by wind and solar power, underpinned by ‎continuing falls in development costs as they move down their ‘learning curves’. Over the next ‎‎30 years, wind and solar costs fall by around 30% and 65% in Rapid respectively and by 35% and ‎‎70% in Net Zero. '

BP. Site.‎

[hazl] 05/11/2021 08:01

'Gas & low energy (G&LCE) integrates our existing natural gas capabilities with significant growth in low and zero carbon businesses and markets. We will:


Invest in and build renewable energy capacity of 20 gigawatts by 2025 and 50 gigawatts by 2030
Grow our integrated gas portfolio, including equity gas, LNG and merchant portfolio
Further develop our bioenergy offer solutions for aviation, marine and heavy-duty transportation
Create a distinctive position in hydrogen and CCUS, including 10% market share of hydrogen in core markets
Drive new decarbonization technologies and capabilities to create innovative zero carbon energy solutions'

[hazl] 05/11/2021 07:59

BP. And low carbon energy.
They have been aware of and prepared for, the change from fossil fuels to more acceptable low carbon alternatives, for simply years.
They have positioned themselves accordingly,from Browne days from memory, as expected.

IMO

[marktime1231] 04/11/2021 22:01

Eh? As long ago as Jan 2020 BP announced it was divesting Andrew to Premier Oil, including its operating platform, subsea pipeline and its stake in the oilfield. Did that deal not go through, and why is it in talks to invest again in a small field which it previously dismissed as not part of core strategy?

Is there valuable gas to be had, or an opportunity to repurpose the infrastructure as a carbon sink? Or is BP delaying its green transition to gorge on the present oil price opportunity?

BP confusing its messages and losing its shine as Brent falls back to $80.

[pander45] 04/11/2021 21:55

Anyone with sense is accumulating inho

[gwatson56] 04/11/2021 20:50

Wondered why the CAP Ex was increased in Q3 results... perhaps this is the reason



A change in direction given the past transactions, suspect if it happens then things will be clearer.

[w1ndjammer] 04/11/2021 18:29

wow look at the volume over the last 3 sessions

could we see a new major shareholder taking a position..

WJ.

[optomistic] 04/11/2021 16:57

Those houses must be built! otherwise where are all the immegrants going to be housed...

[hellscream] 04/11/2021 16:53

rates are never going up, government too scared of the housing market.

[klotzak] 04/11/2021 16:19

Another 15p and we'll be at stage one again!We have the pound down today, so fingers crossed it stays that way and the dollar rate gives us an Xmas treat.

[lbdwhite] 04/11/2021 14:45

Bank of America crude prediction $120 by next Summer.

[hyper al] 04/11/2021 13:02

Spacecake

I heat my Victorian house with electricity, ripped the old dirty oil boiler out when I moved in.

[spacecake] 04/11/2021 12:06

Envision and Nissan, new expansion for Sunderland gigafactory up from 1.7 Gwh to 11 Gwh and then ramp up to 38 Gwh

See FT

[brucie5] 04/11/2021 11:33

The obvious gap looks to be towards £5 on a two year view. There will obviously continue to be issues around the O&G sector, which will suppress any exuberance around the share price , and also probably restrain any conspicuous rewards to shareholders. Fair enough. But so long as energy prices stay high, BP. should be able to hold the course, buying back shares to lessen the cost of those dividends, giving some modest increase to patient investors, while rolling out their green investments. In which regard they are possibly doing more for transition than the UK gov, by putting actual cash into the proposition.

Good on them, and I hope they get some credit - where it's due.

[hazl] 04/11/2021 09:07

Looking better.

[spacecake] 03/11/2021 22:05

Next time your home boiler fires up it's doing this.
CH4 + 2 O2 → CO2 + 2 H2O

The first approximation of the true nature of combustion was posited by French chemist Antoine-Laurent Lavoisier in 1772.

We have had a very long time to do something, it's always been business as usual and BP knows it. :-)

[investtofly] 03/11/2021 21:01

Maybe because of all that Methane coming out of the mouths let alone the backsides of those in Glasgow

[investtofly] 03/11/2021 20:03

If you drive an EV at present you will have time for a 3 course meal plus time for a nap while it charges let alone a Coffee and Sandwich

[ladywormer] 03/11/2021 16:56

gwatson. I never have a coffee and sandwich when I fill up my car. The idea that I will be doing it every time I charge an electric vehicle is pie in the sky

[hazl] 03/11/2021 16:22

Thanks phil!