I have been a big oil bull since 2020 when I started to place my bets on the oil price super-cycle. In this article, I start by updating my thesis. In light of this discussion, British BP just decided ...
After leading the discovery of the Zohr field, Italy's Eni has signaled its intention to reduce its stake in the field to about 50%, starting with the sale of a 10% stake to BP for $375 million.
A merger of supermajors BP and Shell could generate $100 billion worth of value for shareholders, equivalent to about 25% of the pairs' combined current market capitalisation. Morgan Stanley, which ...
The ongoing conflict with the Islamic State and low oil prices aside, BP, CNPC, and Iraq plan to keep developing the massive Rumaila oil field. Current estimates assume that the field initially had 70 ...
Forbes contributors publish independent expert analyses and insights. Ian writes on fossil energies, climate, and transition to renewables.
On Wednesday, major U.S. indices ended the day mixed, with the Nasdaq rising 0.3% to 19,973.55. The S&P 500 closed unchanged at 6,092.16, while the Dow Jones Industrial Average declined 0.25% to ...