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Latest news and interesting information about bp.
Pentagon Releases New UFO Files
Pentagon releases 72 new UFO files: witness accounts, drawings, and a 1955 CIA report on flying saucers.
Economic future and energy transition discussed at forum
The economic future and energy transition of Azerbaijan were discussed at the Technovation by PMI forum in Baku, co-organized by AmCham Azerbaijan.
EIA Raises Azerbaijan Oil Production Forecast
The EIA raised its 2026 oil production forecast for Azerbaijan to 550,000 bpd, with quarterly increases also noted.
bp Simplifies Business Structure
bp simplifies business structure from three divisions to two: Upstream and Downstream. Shares drop 2.2%.
OPEC+ Increases Oil Production Quotas
OPEC+ decides to increase oil production quotas by 188,000 bpd in July 2024. Saudi Arabia, Russia, and other members adjust output.
Baku-Tbilisi-Erzurum pipeline operator shifted to SOCAR
Operatorship of the Baku-Tbilisi-Erzurum gas pipeline is being transferred to SOCAR. bp regional president Kio Kristofol expressed satisfaction with the process.
Kio Kristofoli: Azerbaijan can be a world-class energy hub for years
BP official Kio Kristofoli at the Baku Energy Forum discussed Azerbaijan's potential to become a world-class energy hub.
SOCAR and Uzbekneftegaz discuss cooperation prospects
SOCAR President Rovshan Najaf met with Uzbekneftegaz head at Baku Energy Week to discuss energy cooperation and the Ustyurt project.
Goldman Sachs Upgrades Segro: Price Target £9
Goldman Sachs upgrades Segro to Buy, lifts price target to £9. Strong letting momentum and data center strategy key.
European stocks muted as strikes hit US-Iran deal hopes
European stocks edge lower as US-Iran strikes dim peace hopes. Oil prices rise, bond yields climb amid inflation fears. Deal prospects weaken.
Tesla resolves graphite supply default with Syrah
Tesla and Syrah Resources resolve graphite supply dispute. Tesla withdraws default notice, Syrah shares jump 38%.
Bank of Korea gearing up for rate hikes?
Bank of Korea hawkish hold: rate hikes expected in July 2026, ING forecasts 75 bps tightening, GDP and inflation revisions.
US dollar slips on risk-on, but set for monthly gain
The US dollar slips on risk-on sentiment but is set for a monthly gain amid rate hike expectations. Iran peace talks and oil supply disruption impact currency markets.
Indonesia inflation seen at 2.97% in May
Indonesia's May inflation forecast at 2.97% fueled by non-subsidised fuel, airfares, and cooking oil prices.
Complaints against FIFA rise: Two US states launch probe
New York and New Jersey attorneys general investigate FIFA over dynamic pricing and deception in ticket sales. Fan complaints rise.
Japan Bond Yield Curve Steepens as Yen Weakens
Japan bond yields rise, yen weakens on Middle East tensions. Bond.az reports on JGB market movements and intervention risks.
Johnson Matthey Sees Operational Gains in H2 2026
Johnson Matthey reported H2 2026 results with operational improvements and restructuring. Learn more on Bond.az.
Sterling Slides as Dollar Gains on Iran Tensions
Sterling falls as U.S.-Iran tensions boost dollar. GBP/USD at 1.3405, EUR/USD at 1.1616. Focus on PCE data.
Rothschild Redburn Initiates WPP with Buy
Rothschild Redburn initiated WPP with a Buy rating and GBP4.35 target, highlighting restructuring efforts.
AZCON forms unified management model
Shahin Babayev, Executive Director of AZCON Holding, discusses the unified management model, agile financing, achievements in transport and digital transformation.
BP ousts Chair Manifold over governance issues
BP ousts Chair Albert Manifold over governance and conduct issues, following allegations of aggressive behavior. Shares drop sharply.
Congratulations Continue for President Ilham Aliyev
Israeli President Isaac Herzog, CIS Secretary General Sergey Lebedev, and BP's regional president congratulate President Ilham Aliyev on Independence Day.
BP stock falls after chair removal
BP stock fell 5.2% after the board removed Chair Albert Manifold due to governance issues.
PJM board letter positive for power producers
Melius Research sees PJM board letter as positive for independent power producers. Vistra shares up 16%, regulatory changes and market outlook.
Sri Lanka shocks with 100-bp rate hike
Sri Lanka's central bank hiked interest rates by 100 basis points to 8.75% to combat inflation and currency depreciation caused by the Iran war.
Peace talks hit rough patch, oil climbs
U.S. strikes on Iran disrupt peace talks, oil rises. Dollar strengthens, stocks mixed. Focus on Strait of Hormuz.
Sri Lanka hikes interest rate by 100 bps
Sri Lanka's central bank raised its benchmark rate by 100 basis points to 8.75% to fight inflation and currency pressures.
Citizens Financial Group SWOT: stock transformation
SWOT analysis of Citizens Financial Group: strengths, weaknesses, opportunities, and threats as the bank transforms.
Cementos Argos Misses Q1 EPS, Revenue Beats Forecast
Cementos Argos Q1 2026: EPS misses, revenue beats. US expansion and company split details. Stock falls 3.42%.
Spain stocks rise: IBEX 35 up 2.24%
Spain stocks closed higher on Monday with the IBEX 35 up 2.24%, hitting a 1-month high. BBVA, Santander, and ICAG led gains. Read more on Bond.az.
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