BP p.l.c. Director Declaration BP p.l.c. announces that with effect from 15 February 2023, Karen Richardson, Non-Executive Director of BP p.l.c., has become a director of Exponent, Inc. a US-quoted company. This notice is given in fulfilment of the obligation under paragraph 9.6.14R of the Listing Rules. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial [...]
Adds a network of around 280 travel centers, strategically-located on major highways across US; complementing bp's US convenience and mobility business. $1.3bn cash acquisition within bp's $16-18bn frame, with acquisition multiple of around six times based on last 12 months' TravelCenters EBITDA i Adds EBITDA immediately, expected to grow to around $800m by 2025, underpinned by investment, integration value and synergies [...]
bp's 134 megawatt dc Arche solar project is now under construction in Fulton County, Ohio; Power Purchase Agreement secured with Meta At full capacity, Arche's renewable power could avoid more than 155,900 metric tons of greenhouse-gas emissions annually - equivalent to 34,000 fuel-burning cars Arche is expected to create around 200 jobs during construction and provide more than $30 million in revenue to benefit local [...]
Today bp completed its purchase of Archaea Energy Inc., a leading provider of renewable natural gas , marking a milestone in the growth of bp's strategic bioenergy business. "We see enormous opportunity to grow our bioenergy business by bringing Archaea fully into bp," said Dave Lawler, chairman and president bp America. "The talent, expertise and passion of their team has let them achieve incredible growth so far, and [...]
FOR IMMEDIATE RELEASE London 1 November 2022 BP p.l.c. Group results Third quarter and nine months 2022 "For a printer friendly version of this announcement please click on the link below to open a PDF version of the announcement" http://www.rns-pdf.londonstockexchange.com/rns/8138E_1-2022-10-31.pdf Performing while transforming Financial summary Third Second Third Nine Nine quarter quarter quarter months months $ million [...]
bp accelerates and expands in bioenergy, agreeing to buy leading US biogas company Archaea Energy Accelerates bioenergy growth Acquisition of a leading US renewable natural gas producer will accelerate growth of bp's strategic bioenergy transition growth engine Operates 50 RNG and landfill gas-to-energy facilities across US, with development pipeline supporting potential for around five-fold increase in RNG volumes by [...]
Archaea Energy Inc. , an industry-leading renewable natural gas company, today announced that it has agreed to be acquired by bp for approximately $26 per Archaea Class A and Class B share in cash, or a total enterprise value of approximately $4.1 billion, including approximately $800 million of net debt. The cash consideration represents an approximately 38 percent premium to Archaea's volume weighted average share price [...]
Castrol and bp pulse's new study: Switching ON the rEVolution: The road to EV readiness for markets, carmakers and consumers explores opinions from automotive executives and consumers regarding the switch from internal combustion engine vehicles to electric vehicles . The research, which surveyed 100 automotive executives and 10,000 consumers globally, shares key findings from automotive executives. 97% of the executives [...]
Lunch Keynote Presentations Feature BPX Energy, Vivek Ramaswamy with Strive Wealth Management and Petrie Partners Panels include discussions on Capital Allocation, Responsibly Sourced Gas, Private Capital, Carbon Capture, Renewable Natural Gas, ESG, Private Companies and Commodity Market Outlook EnerCom, Inc. announced today that the EnerCom Denver investment conference will feature management team presentations, breakout [...]
bp has agreed to sell its 50% interest in the Sunrise oil sands project in Alberta, Canada, to Calgary-based Cenovus Energy. As part of the deal, bp is acquiring Cenovus's interest in the Bay du Nord project in Eastern Canada, adding to its sizeable acreage position offshore Newfoundland and Labrador. CALGARY, Alb., June 13, 2022 /PRNewswire/ -- bp will increase its acreage position offshore Eastern Canada and sell its [...]
25 May 2022 Appointment of Joint Corporate Broker ? BP p.l.c. today announces that it has appointed Goldman Sachs International to act as its joint corporate broker alongside UBS. Further information: bp press office: bppress@bp.com, +447831 095541 bp Investor Relations: ir@bp.com +44 203 401 5592 This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct [...]
Project to include Carbon Capture and Storage and low carbon hydrogen production With potential start-up by 2026, project aims to store up to 15 million metric tons of CO2 per year in multiple sites - the equivalent of removing approximately 3 million cars from the road Engaging with additional emitters to decarbonize Texas Gulf Coast bp and Linde today announced plans to advance a major carbon capture and storage project [...]
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