High-impact oil and gas exploration could cut global scope 1 and 2 emissions by 6% in 2030 [Yahoo! Finance]
BP p.l.c. (BP)
Last bp p.l.c. earnings: 4/29 04:01 pm
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Source: Yahoo! Finance
LONDON and HOUSTON and SINGAPORE, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Investment in oil and gas exploration has plummeted two-thirds in the last decade, but the industry still has a critical role to play in decarbonisation efforts and providing advantaged barrels in the energy transition, according to the latest Horizons report from Wood Mackenzie. According to the report, “ No country for old fields: Why high-impact oil and gas exploration is still needed ” the world has plenty of current resources to meet demand, with approximately 3 trillion barrels of oil equivalent (boe) inventory. This translates to resource lives of more than 45 years for oil and over 60 years for gas. “With so much in place, it begs the question – why is exploration still needed?” said Andrew Latham. “It's important to point out, that newly discovered fields would not increase demand, as demand neither grows when exploration succeeds nor shrinks when it fails. What can be said is that successful exploration
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News
- The big British book prize and the battle against righteous protest [Yahoo! Finance]Yahoo! Finance
- BP Wins Exploration Rights for Shallow Water Block Offshore Trinidad [Yahoo! Finance]Yahoo! Finance
- Equatic Announces New Leadership Appointments as it Advances Toward Gigaton-Scale Carbon Removal [Yahoo! Finance]Yahoo! Finance
- UK Blue Chip Laggards Among Top Bets for Fund Manager Invesco [Yahoo! Finance]Yahoo! Finance
- European oil giants step back from renewables path [Yahoo! Finance Canada]Yahoo! Finance Canada
BP
Earnings
- 10/30/24 - Beat
BP
Sec Filings
- 11/21/24 - Form FWP
- 11/18/24 - Form 6-K
- 11/14/24 - Form FWP
- BP's page on the SEC website