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Bp Plc - BP STOCK NEWS

Welcome to our dedicated page for Bp Plc news (Ticker: BP), a resource for investors and traders seeking the latest updates and insights on Bp Plc stock.

BP p.l.c. (NYSE: BP) is a global energy leader with operations spanning oil and gas exploration, refining operations, and renewable energy solutions. This news hub provides investors and industry professionals with timely updates on BP's strategic initiatives, financial performance, and energy transition progress.

Access official press releases covering quarterly earnings, partnership announcements, and operational developments across BP's integrated energy portfolio. Our curated collection includes updates on traditional hydrocarbon operations, renewable natural gas projects, and the expansion of bp pulse EV charging networks.

Key coverage areas include energy transition strategies, refining innovations, sustainability initiatives, and global market developments. All content is sourced from verified corporate communications and reputable financial publications to ensure accuracy.

Bookmark this page for direct access to BP's latest operational updates, leadership statements, and regulatory filings. Check regularly for insights into how this FTSE 100 company is navigating the evolving energy landscape while maintaining its position as one of the world's largest integrated energy firms.

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BP announces the early tender results for its cash tender offer by its subsidiary BP Capital Markets to purchase up to $1.3 billion of Notes. The Offer was oversubscribed with 65.6% of Notes tendered. Holders of Early Tender Notes will receive $990.00 per $1,000 principal amount of Notes.
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BP p.l.c. announced the upsizing of the cash tender offer to $1.3 billion by its subsidiary, BP Capital Markets p.l.c., to purchase Notes. The Offeror amended the terms to increase the Offer Cap, providing details on pricing and deadlines. Holders can tender Notes for purchase, with the Offer expiring on March 25, 2024.
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BP Announces Cash Tender Offer for Notes up to $1B; Details and Terms Revealed
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Kayne Energy Infrastructure (KEI) announced the return of Eric Javidi and Harrison Little to the firm in senior leadership roles. With over $4 billion in assets, KEI focuses on the energy infrastructure sector, including traditional and renewable infrastructure. Javidi will join as Managing Partner and Co-head of KEI, while Little will serve as Deputy Co-head of KEI and Director of Research. The move is aimed at capitalizing on the compelling investment environment for energy infrastructure, leveraging the experience of Javidi and Little in traditional energy and energy transition.
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BP (NYSE: BP) completes a major technology upgrade at its Fowler Ridge 1 wind farm in northwest Indiana, deploying new Vestas turbines expected to generate up to 40% more energy, enough to power around 27,000 homes. The project involves upgrading 40 turbines, with a capital investment of around $100 million. bp plans to recycle the decommissioned blades, keeping up to 3.3 million pounds of material from ending up in landfills.
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bp pulse, bp's EV charging business, will acquire ultra-fast charging hardware units from Tesla for $100 million. Tesla chargers will be installed across the bp pulse network, including at key sites across the bp family of brands. The roll-out is planned to begin in 2024.
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AM Best affirms Saturn Insurance's ratings
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AM Best affirms the Financial Strength Rating of Jupiter Insurance Limited as A (Excellent) and the Long-Term Issuer Credit Rating as 'a' (Excellent). The ratings reflect Jupiter's strong balance sheet strength and operating performance. Jupiter's investments are closely linked to bp's credit profile. The captive has reported strong operating results over the past five years, mainly driven by strong underwriting profits.
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bp's Archaea Energy announces startup of its Archaea Modular Design (AMD) renewable natural gas (RNG) plant in Medora, Indiana. The plant can process 3,200 scfm of landfill gas into RNG, enough to heat around 13,026 homes annually. This deployment streamlines build times for RNG plants and is part of bp's plan to increase biogas supply volumes by around six times by 2030. With the acquisition of Archaea, bp is now the largest RNG producer in the US, enhancing its ability to support decarbonization goals. bp expects to invest up to $8 billion more in its transition growth businesses this decade.
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bp has started construction on the 187MWdc Peacock Solar project in Texas, which will sell all its electricity to Gulf Coast Growth Ventures. The project is expected to create 300 jobs during construction and provide over $25 million in tax revenue over 25 years. It will help reduce greenhouse gas emissions by more than 256,000 metric tons annually, equivalent to 55,000 fuel-burning cars. The solar farm is part of bp's plan to invest in 50GW of renewable energy capacity by 2030.
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Bp Plc

NYSE:BP

BP Rankings

BP Stock Data

73.97B
2.67B
0%
11.65%
0.41%
Oil & Gas Integrated
Energy
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