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Zacks Investment Research on MSNBP to Divest Netherlands-Based Retail & EV Businesses to Catom
BP plc BP has entered into an agreement to divest its mobility and convenience, as well as bp pulse, businesses in the Netherlands to Catom. The divestment, expected to be completed by 2025-end, is ...
BP has reversed its renewable energy ambitions to refocus on oil and gas production, appointing a new chair and selling off ...
BP announced Friday it will sell its entire U.S. onshore wind portfolio to LS Power, according to Benzinga. The move is part ...
BP has agreed to sell its entire US onshore wind energy business, BP Wind Energy North America Inc., to LS Power in a ...
In a striking move that underscores its evolving corporate strategy, BP PLC announced Friday that it has agreed to sell its ...
BP plans to divest $20 billion in assets, including Castro. Combined with less spending, debt should fall to a range of $14 billion-$18 billion by the end of 2027 from $23 billion currently.
BP stock has lagged among the world's super majors, with shares up 6% over the past five years compared to a rise of 113% for ExxonMobil , 64% for Chevron , 51% for Shell , and 40% for TotalEnergies .
BP announced today that it has agreed to sell its US onshore wind business, BP Wind Energy North America Inc., to LS Power.
BP's latest U.S. wind sale is part of its plan to sell much of its solar and offshore wind businesses too as it scales back ...
In such a scenario, strategic alternatives may need to be reassessed. BP Divestment Program Faces Headwinds. BP’s $20 billion divestment plan is encountering headwinds, ...
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