StreetInsider.com News Articles

BP held advanced talks with Ithaca for GBP 2B North Sea assets - FT

Tue, 02 Jun 2026 13:40:01 -0400

BP held advanced talks with Ithaca for GBP 2B North Sea assets - FT

Tue, 02 Jun 2026 13:40:01 -0400

BP held advanced talks with Ithaca for GBP 2B North Sea assets - FT

Morgan Stanley projects 75% Middle East oil production recovery over four months if Strait of Hormuz reopens

Mon, 01 Jun 2026 11:20:44 -0400

Investing.com -- Morgan Stanley analysts project that if the Strait of Hormuz reopens, Middle East oil production could see a 75% recovery over a four-month period, according to a research note released Monday.

The firm's oil strategists anticipate a significant shift in Strait of Hormuz oil exports beginning in late July, with three-quarters of production returning over the following four months.

According to Morgan Stanley, several obstacles must be addressed before the market can fully normalize following any potential agreement between the United States and Iran. These include mine clearing operations, resolving tanker backlogs, relieving storage facility constraints, and restarting oil fields.

The

Morgan Stanley projects 75% Middle East oil production recovery over four months if Strait of Hormuz reopens

Mon, 01 Jun 2026 11:20:44 -0400

The firm's oil strategists anticipate a significant shift in Strait of Hormuz oil exports beginning in late July, with three-quarters of production returning over the following four months.

The

Morgan Stanley projects 75% Middle East oil production recovery over four months if Strait of Hormuz reopens

Mon, 01 Jun 2026 11:20:44 -0400

The firm's oil strategists anticipate a significant shift in Strait of Hormuz oil exports beginning in late July, with three-quarters of production returning over the following four months.

The

Morgan Stanley projects 75% Middle East oil production recovery over four months if Strait of Hormuz reopens

Mon, 01 Jun 2026 11:20:44 -0400

The firm's oil strategists anticipate a significant shift in Strait of Hormuz oil exports beginning in late July, with three-quarters of production returning over the following four months.

The

Morgan Stanley projects 75% Middle East oil production recovery over four months if Strait of Hormuz reopens

Mon, 01 Jun 2026 11:20:44 -0400

The firm's oil strategists anticipate a significant shift in Strait of Hormuz oil exports beginning in late July, with three-quarters of production returning over the following four months.

The

Morgan Stanley projects 75% Middle East oil production recovery over four months if Strait of Hormuz reopens

Mon, 01 Jun 2026 11:20:44 -0400

The firm's oil strategists anticipate a significant shift in Strait of Hormuz oil exports beginning in late July, with three-quarters of production returning over the following four months.

The

Form 6-K BP PLC For: Jun 01

Mon, 01 Jun 2026 09:44:00 -0400

si-local-file:///var/storage/secattach/20260601/26580649.html

Form 6-K BP PLC For: Jun 01

Mon, 01 Jun 2026 09:44:00 -0400

si-local-file:///var/storage/secattach/20260601/26580649.html

Form 6-K BP PLC For: Jun 01

Mon, 01 Jun 2026 09:44:00 -0400

si-local-file:///var/storage/secattach/20260601/26580649.html

Form 6-K BP PLC For: Jun 01

Mon, 01 Jun 2026 08:43:00 -0400

si-local-file:///var/storage/secattach/20260601/26580035.html

Form 6-K BP PLC For: Jun 01

Mon, 01 Jun 2026 08:43:00 -0400

si-local-file:///var/storage/secattach/20260601/26580035.html

Form 6-K BP PLC For: Jun 01

Mon, 01 Jun 2026 08:43:00 -0400

si-local-file:///var/storage/secattach/20260601/26580035.html

BP Set To Take Over Offshore Natural Gas Project In Azerbaijan - Reuters

Thu, 28 May 2026 07:25:58 -0400

BP Set To Take Over Offshore Natural Gas Project In Azerbaijan - Reuters

Thu, 28 May 2026 07:25:58 -0400

BP Set To Take Over Offshore Natural Gas Project In Azerbaijan - Reuters

BP's ousted chairman Manifold disputes misconduct claims

Wed, 27 May 2026 06:21:19 -0400

Investing.com -- Former BP Chairman Albert Manifold has rejected accusations about his conduct following his abrupt departure from the British energy company.

In an emailed statement to CNBC, Manifold said he was removed from his position "without warning and without explanation" and disputes allegations of misconduct.

"During my time as chairman I worked to drive genuine change at BP - cutting costs, challenging excess, and holding the organisation to higher standards," Manifold said. "I dispute entirely the characterisation of my conduct and I will not allow a false narrative to go unchallenged."

BP's board on Tuesday announced Manifold's removal due to "serious concerns"

Form 6-K BP PLC For: May 26

Tue, 26 May 2026 07:39:00 -0400

si-local-file:///var/storage/secattach/20260526/26545964.html

Form 6-K BP PLC For: May 26

Tue, 26 May 2026 07:39:00 -0400

si-local-file:///var/storage/secattach/20260526/26545964.html

Form 6-K BP PLC For: May 26

Tue, 26 May 2026 07:39:00 -0400

si-local-file:///var/storage/secattach/20260526/26545964.html

BP removes chair Albert Manifold over governance concerns

Tue, 26 May 2026 07:28:49 -0400

Investing.com -- BP announced on Tuesday that it has removed Albert Manifold from his position as chair and director with immediate effect, following serious concerns raised to the board related to governance standards, oversight and conduct.

The board unanimously decided that Manifold should no longer serve in his role. Ian Tyler has been appointed as interim chair, also with immediate effect.

Amanda Blanc, senior independent director at BP, said: "Albert has helped bring a welcome focus and pace to bp's transformation. However, the board has been surprised and disappointed to learn of governance oversight and conduct issues it deems unacceptable and has

BP removes chair Albert Manifold over governance concerns

Tue, 26 May 2026 07:28:49 -0400

The board unanimously decided that Manifold should no longer serve in his role. Ian Tyler has been appointed as interim chair, also with immediate effect.

BP plc removes Manifold as board chair on 'serious' governance concerns - Bloomberg

Tue, 26 May 2026 07:23:25 -0400

BP plc removes Manifold as board chair on 'serious' governance concerns - Bloomberg

Tue, 26 May 2026 07:23:25 -0400

BP plc removes Manifold as board chair on 'serious' governance concerns - Bloomberg

BP presents revised labor proposal at Whiting refinery

Fri, 22 May 2026 14:29:47 -0400

Investing.com - BP announced on Friday that its Whiting refinery has returned to negotiations with the United Steelworkers Local 7-1 bargaining committee, presenting a revised proposal aimed at reaching an agreement.

The oil company said the updated settlement offer withdraws the proposed voluntary reduction of up to 42 maintenance craft employees, addressing union concerns.

The current proposal includes an average 13% pay increase over the first four years of a proposed six-year agreement. Workers would also receive a one-time lump sum payment ranging from $2,500 to $10,000 after the contract is ratified.

BP stated that approximately 65 union-represented employees who would be affected