The Polish unit of BNP Paribas reported a second-quarter net profit of 733.8 million zlotys ($200.4 million) on Tuesday, beating a company-provided consensus of 642 million zlotys, mirroring an upbeat release from its French parent in July.
UBS is flagging the prospect of volatility in the oil market as the United States ramps up pressure on countries still buying Russian crude, but the bank sees any price spikes as likely to be short-lived thanks to spare capacity and a looming surplus. With an 8 August deadline set by President Trump for a Ukraine ceasefire, the US has vowed to penalise buyers of Russian energy, focusing on Indi...
A possible partnership between BP and Petrobras to develop the British firm's oil and gas find in Brazil's pre-salt layer would hinge on carbon dioxide levels in the reservoir, three sources at the Brazilian state-run oil firm told Reuters.
BP's renewed focus on oil growth, upstream project execution, and cost discipline is winning back investor confidence and driving outperformance vs. peers. Strategic divestments in renewables and downstream, alongside major new oil discoveries, reinforce the company's pivot back to its core oil business. Operational reliability and cost-cutting should help BP deliver its plan of free cash flow ...
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