Straits Times Index
3,338.57 +5.77 (+0.17%) S&P 500
5,460.48 -22.39 (-0.41%) Dow
39,118.86 -45.24 (-0.12%) Nasdaq
17,732.60 -126.10 (-0.71%) Bitcoin USD
62,844.38 +1,425.12 (+2.32%) CMC Crypto 200
1,304.90 +2.83 (+0.22%)
BP PLC (BPE.HM)
| Previous close | 5.58 |
| Open | 5.36 |
| Bid | 5.56 x 0 |
| Ask | 5.70 x 0 |
| Day's range | 5.36 - 5.36 |
| 52-week range | 5.18 - 6.36 |
| Volume | |
| Avg. volume | 518 |
| Market cap | N/A |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
- Reuters
BP plans foray into 2G ethanol, sustainable jet fuel with Brazil base
BP Plc will evaluate expanding and diversifying its biofuel operation in Brazil, looking at new products such as second-generation ethanol and sustainable aviation fuel after buying out Bunge from their joint venture BP Bunge Bioenergia. The company said in written comments to Reuters that it wants to use the venture's massive biofuel base in Brazil - an industrial complex with 11 plants in five states processing sugarcane - to develop key projects to support the broader BP view for bioenergy. The Brazil complex "is a scalable bioenergy platform with cost advantages," it said.
- Reuters
BP to buy out Bunge's stake in Brazilian biofuels JV in $1.4 billion deal
LONDON (Reuters) -BP has agreed to buy grain trader Bunge's 50% stake in Brazilian sugar and ethanol joint venture BP Bunge Bioenergia for $1.4 billion in a bet on growing demand for low-carbon biofuels. Following the completion of the deal, expected by end-2024, BP will take full ownership of Bioenergia which has production capacity of around 50,000 barrels a day of ethanol equivalent from sugarcane. BP will consolidate Bioenergia's debt and lease obligations of $1.2 billion, it said, meaning it will pay out a total of $800 million to Bunge, according to Reuters calculations.
- Reuters SG
UPDATE 2-Shell to acquire Singaporean LNG firm Pavilion Energy from Temasek
Shell has agreed to buy Singaporean liquefied natural gas (LNG) company Pavilion Energy from global investment company Temasek in a move the oil major said will strengthen its leadership position in LNG, according to statements on Tuesday. The announcement confirmed a Reuters' report last Thursday saying Singapore's Temasek was finalising the Pavilion Energy sale to Shell in the coming days in a deal worth hundreds of millions of U.S. dollars. Shell and Temasek did not disclose financial details of the sale in their statements.
