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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Bp Plc | LSE:BP. | London | Ordinary Share | GB0007980591 | $0.25 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -1.50 | -0.29% | 524.80 | 525.20 | 525.30 | 530.70 | 522.30 | 529.30 | 26,307,372 | 16:35:03 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Petroleum Refining | 211.6B | 15.24B | 0.8934 | 5.88 | 89.61B |
From Apr 2019 to Apr 2024
By Anthony O. Goriainoff
BP PLC said on Monday that it will sell a 20% participating interest in Oman's Block 61 to Thailand's PTT Exploration and Production Public Co. for $2.6 billion.
The U.K. energy company said the deal is expected to complete this year, and that following completion it will remain operator of the block, holding a 40% interest.
BP said it was targeting divestment proceeds of $25 billion by 2025.
"We are committed to BP's business in Oman - this agreement allows us to remain at the heart of this world-class development while also making important progress in our global divestment program," Chief Executive Bernard Looney said.
Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com
(END) Dow Jones Newswires
February 01, 2021 01:58 ET (06:58 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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