Previous close | 492.80 |
Open | 495.45 |
Bid | 493.00 x 0 |
Ask | 510.00 x 0 |
Day's range | 493.30 - 498.75 |
52-week range | 441.05 - 562.30 |
Volume | |
Avg. volume | 46,330,732 |
Market cap | 84.435B |
Beta (5Y monthly) | 0.54 |
PE ratio (TTM) | 7.29 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 0.22 (4.53%) |
Ex-dividend date | 15 Feb 2024 |
1y target est | N/A |
BP announces plans to reduce Gelsenkirchen refinery capacity by around one-third from 2025, adapting to changing demand and environmental pressures.
BP sets the stage for the future of mobility with the launch of its pioneering EV charging station in Houston, featuring 24 fast-charging points.
HOUSTON (Reuters) -BP plans to reduce the crude processing capacity of its Gelsenkirchen oil refinery in Germany by around one third from 2025 due to a weaker demand outlook, its head of refining Amber Russell said on Wednesday. The capacity reduction comes as the European refiners face increasing pressure from stringent environmental regulations, growing overseas competition and a rise in electric vehicle sales. "In Germany, for the projections for the supply-demand balance, we've seen demand coming down pretty significantly," Russell told Reuters on the sidelines of the CERAWeek energy conference.