Bp Share Discussion Threads

[veryniceperson] 13/7/2023 09:42

I know there are difficulties Russia. Does BP still own Rossneff, or have they completely lost it?

[meb123] 13/7/2023 09:36

We also had Rofsnet then which was a money spinner

[hellscream] 13/7/2023 07:41

amazing we are this price, was this price in 2018/2019, with near 22 billion shares in issue.

[meb123] 12/7/2023 16:27

What did I tell you . Guess it's too much to ask for it to close at 471 !

[waldron] 12/7/2023 11:52

You might find it trending up towards next resistance

[meb123] 12/7/2023 11:48

Nice rise . I wouldn't be surprised if it sells off this afternoon to end up below 470 . Always the way with this one !

[adg] 11/7/2023 08:03

Unless you can trade successfully then patience will be rewarded, I think that money in oilers is about as safe as anything and I also think that their day will come. Value will always out, the market and oil price swings are frustrating for sure but the companies are cash machines and at some point we will be valued in line with our US peers, I think later this year we will se a much fairer valuation

[hellscream] 08/7/2023 05:14

$80-$90 oil is a fair price. dont want to be too greedy.

[gwatson56] 07/7/2023 20:51

U.S. Baker Hughes Oil Rig Count down again this week (-5) now 540. US might struggle to keep above 12 MBO / day as I believe it is currently 12.2 MBO / day. Output cuts seem to be having an effect on Brent / WTI as the Russian's / Saudi's / Morocco all signalling cuts in the coming months. It was reported that Saudi met up with Iran this last week. My guess is that it was suggested they join the 'cuts cartel'. The POO next week should show a rise assuming the API/EIA numbers support the case. The last SPR release of 1.3MBO was this last week and the taps will be turned for filling starting August with 3 MBO... $73 a good price ; bet they have to pay more for the 3 MBO in September.

All in all this should help support the oilers going forward. Have a good weekend all.

[meb123] 07/7/2023 09:04

These Micky mouse investments and ventures will do nothing to shareholder value . I know it's 2 different industries but just look at what's happened to Vodafone over the years . Decades of small deals and ventures just hadn't got them anywhere and shares at almost all time low . Hope BP is reading this ! Lol

[ariane] 07/7/2023 05:56

BP and WasteFuel to collaborate on low-carbon fuels for shipping sector



July 6, 2023, by Ajsa Habibic

BP, through its arm BP Ventures, has expanded its investment in bioenergy by committing $10 million and leading the Series B investment round in WasteFuel, a California-based biofuels company focused on converting municipal bio-waste into low-carbon fuels, such as bio-methanol.




WasteFuel’s existing investors include Maersk, NetJets, Prime Infra, i(x) Net Zero, Marc Benioff’s TIME Ventures, Guy Oseary, and Aileen Getty amongst others, and now BP.

WasteFuel plans to develop multiple bio-methanol plants around the world in collaboration with local strategic partners including waste companies. With the investment from BP, the company expects to launch its first project in Dubai and it has a pipeline of additional projects to develop.

BP and WasteFuel have also entered a memorandum of understanding (MoU) for BP to offtake the produced bio-methanol and to work together to help optimize and improve bio-methanol production.

By deploying its anaerobic digestion and methanol production technologies, WasteFuel aims to convert municipal and agricultural waste into viable lower-emission alternatives to traditional fuels, like bio-methanol, which has the potential to contribute to the decarbonisation of the shipping sector.

In the effort to reach net zero, some of the biggest companies in the shipping industry are converting to methanol-ready ships. BP said it is working to establish supplies of lower-carbon alternative fuels for the shipping sector and will look to use its trading expertise to bring WasteFuel’s bio-methanol to market.

READ MORE

WasteFuel, Averda to produce green methanol for shipping in the Middle East

WasteFuel launches methanol module to speed up waste-to-green fuel production

[hellscream] 07/7/2023 05:12

look at us dropping in sympathy of mortgage holders.. who cares. oil at $77.

[adg] 06/7/2023 10:05

Hope bp are seriously considering it also - it’d be a great big (expensive) FU to our blinkered deluded leaders (and opposition) - the idiots would probably see it as a victory whilst we continue our downward spiral into a self inflected 3rd world country….

[gwatson56] 06/7/2023 09:09

I agree, seems that Shell have given UK PLC 3 years notice reading the above just posted on BBC.

[hellscream] 06/7/2023 09:06

as long as oil stays up!, they already tanked the shareprice. 5 billion less shares than 5 years ago yet no movenment on price.

valuation gap between peers getting bigger.. something must give.

[ariane] 06/7/2023 06:48

BP : Jefferies sticks Neutral


Yesterday at 14:05

In a research note, Jefferies analyst Giacomo Romeo has maintained his recommendation on the stock with a Neutral rating.

The target price is lowered from GBX 530 to GBX 510.

[veryniceperson] 05/7/2023 15:30

It is hard work

[meb123] 05/7/2023 14:44

Oil is up today and we are down almost2%. Investing in BP is really a mugs game

[hellscream] 04/7/2023 16:47

funny when oil is down 2% we are down 10p.

[dominiccummings] 04/7/2023 16:32

How can you switch to ENQ multiple times Blackhorse23?

[blackhorse23] 04/7/2023 13:44

Switched to ENQ today , best value oil & gas stock