BP’s top executive in the US is leaving the company, the oil giant told staff on Friday just weeks after the resignation of the company’s global chief executive Bernard Looney. Dave Lawler, who has served as chair and president of BP America since July 2020, is leaving the company to pursue other interests, according to an internal memo sent to employees on Friday. “We wanted to share that after nine years of service, Dave Lawler, chairman and president of BP America & CEO of BPX Energy, has notified us of his intent to pursue new career opportunities outside of BP,” said the memo, which was seen by the Financial Times.
This year so far, financial traders have loved technology stocks but didn’t like Verizon Communications (NYSE:VZ) stock very much. However, there’s a value-investing opportunity here. As we’ll see, Verizon’s dividend yield is hard to beat and the company’s shares are trading at a tempting price point. Verizon is a telecommunications giant that’s helping to build out the world’s 5G network infrastructure. I suspect that investors have abandoned Verizon in 2023 because they’re rotating into hyper-
Now is a great time to be looking for hydrogen stocks to buy. Hydrogen stocks only continue to gain momentum as the shift toward decarbonization of energy production moves forward. Hydrogen contains roughly three times the energy of a similar amount of gasoline by weight. The combustion of hydrogen emits only water. InvestorPlace - Stock Market News, Stock Advice & Trading Tips That simple comparison should clue readers in on the potential of hydrogen. The world is shifting away from fossil fuel