- Barrons.com
Exxon Mobil and Chevron Earnings Face This Risk After BP Flags Problem
The broader problem is weak demand for refined products such as gasoline and jet fuel amid an economic slump in China, as well as increased supply from new refineries in Asia and the Middle East.
- Zacks
Kosmos Energy Loses Arbitration Against BP Over the GTA LNG Project
A ruling by a Paris-based arbitrator prevents KOS from selling the LNG produced from the GTA LNG project to third parties. BP is the operator of the GTA project.
- Benzinga
BP Warns Of Weaker Refining Margins, Higher Debt: Details
BP p.l.c. (NYSE:BP) shares are trading lower on premarket on Friday. The company disclosed updated third-quarter guidance. The company expects upstream production to remain roughly flat compared to the previous quarter, with stable output in both oil production & operations and gas & low-carbon energy. In the gas & low-carbon energy segment, BP projects realizations to have a favorable impact of about $0.1 billion due to changes in non-Henry Hub natural gas prices. Also Read: BP Sells Stake In G
