BP (BP/ LN) reportedly review of UK North Sea assets amid new CEO entertaining disposals
BP's review of its UK North Sea assets under the new CEO suggests a potential strategic shift, possibly indicating focus on higher-yielding investments or responding to shifting market dynamics.
US reiterates its warning to shippers that paying tolls for the Strait of Hormuz passage puts them at risk of sanctions
US Treasury issues fresh Iran-related sanctions
BP (BP/ LN) reportedly review of UK North Sea assets amid new CEO entertaining disposals
Tehran could see talks restarting if the US lifts its blockade of Iranian ports and Iran fully reopens the Strait of Hormuz, via CNN citing source; however, the source said that Iran remains deeply distrustful of the US
Newsquawk Weekly Economic Release 4th - 8th May 2026
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
If disposals occur, it could lead to immediate value realization, but investors will need to assess the long-term implications for BP's production profile and strategic direction in the energy sector.
Related headlines
- BP's (BP/ LN) North Sea assets reportedly draw interest from Adura and Neo Next+, reports suggest14 hours ago
- Newsquawk Daily US Opening News - 9th September 202612 hours ago
- US EQUITY OPEN: Indices in the red as US/Iran tensions escalate 8 hours ago
- Baker Hughes (BKR) guides FY26 revenue USD 28.5-30.3bln (prev. USD 26.7-28.1bln) and adj. EBITDA USD 4.9-5.5bln (prev. USD 4.6-5.1bln), according to SEC filing12 hours ago
- Explosions reported at King Fahd Airbase in Saudi Arabia37 min ago
- Several explosiosn were heard in Iran's Qeshm and Sirik, according to Fars1 hour ago
- US Weekly Private Inventory Data (bbls): Crude -0.3mln (exp. -1.3mln), Gasoline -1.9mln (exp. -1.8mln), Distillate +2.0mln (exp. -0.2mln), Cushing -0.3mln1 hour ago
- US Energy Secretary Wright says current refining capacity is a bigger problem than crude oil supply2 hours ago
- Enbridge (ENB) to buy Tallgrass crude business for USD 2.55bln in cash2 hours ago
- Pakistan has warned Iran to restrain Yemen’s Houthi militants after a rise in Houthi attacks on Saudi Arabia, conveying the message on behalf of Riyadh, reports Reuters citing sources2 hours ago
- Israeli army artillery bombarded the northern parts of the village of Taranja near the outskirts of Quneitra, reports Tasnim2 hours ago
- Pakistani Ambassador says they believe that a better understanding will soon be achieved between the US and Iran, reports ISNA3 hours ago
- CRUDE WRAP: WTI (V6) SETTLES USD 3.02 HIGHER AT 96.05/BBL; BRENT (X6) SETTLES USD 3.29 HIGHER AT 101.21/BBL4 hours ago
- US President Trump says he thinks war with Iran will end immediately after the election4 hours ago
- US President Trump says after the election, oil prices will tumble lower; gasoline price will take a bit longer4 hours ago
- A US official tells NewsNation on reports of strikes in Iran near the Strait of Hormuz that there are no attacks being carried out by US forces right now: “We're not currently striking”5 hours ago
- Primer: US to sell USD 39bln of 10-year notes at 18:00BST/13:00 EDT6 hours ago
- US Senator Slotkin says "We hear rumors that Trump is planning to allow Chinese cars to be sold in the U.S., as part of a larger deal"6 hours ago
- Iran official says it is ready for more intense war with US if required and will escalate strikes in response to US attacks6 hours ago
- EIA STEO: World oil demand 102.6mln BPD (prev. 102.7mln BPD), 2027 demand 105mln BPD (prev. 105mln BPD). 6 hours ago
The whole workspace, free to try.
Try it free