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Day two will kick-off with keynote addresses from Saudi energy minister Khalid Al Falih and Saudi Aramco chief Amin Nasser, with discussions for the latter half of the day focussed on gas as a transitional fuel for green economies.The four-day event will wrap up with concluding remarks from Russian energy minister Alexander Novak, whose country will host the next edition of the congress in Moscow in 2022.Brent Crude Oil NYMEX 58.83 -2.74% Gasoline NYMEX 1.51 -3.99% Natural Gas NYMEX 2.29 -0.09% (WTI) 54.88 USD -2.95% FTSE 100 7,207.18 0.32% Dow Jones 26,374.63 0.05% CAC 40 5,480.48 0.56% SBF 120 4,331.27 0.68% Euro STOXX 50 3,419.57 0.25% DAX 11,939.28 0.85% Ftse Mib 21,276.15 -0.57% Eni 13.68 0.46% Total 45.39 0.87% Engie 13.825 0.22% Orange 13.8 0.62% INTERNATIONAL CONSOLIDATED AIRLINES GROU (IAG) 420.6 GBp -1.13% Bp 500.2 -0.54% Vodafone 155.24 -0.40% Royal Dutch Shell A 2,275.5 -0.91% Royal Dutch Shell B 2,265 -1.03%forecourttrader Planned BP M&S Simply Food site includes rapid charging facilities John Wood · 30 August, 2019 BP and M&S signs together on forecourt 1 Proposals for a new BP and M&S Simply Food development in Cornwall include infrastructure for major electric vehicle charging facilities.RJ Walker (Newquay) has applied for planning permission for the scheme, on the A392 in Newquay, which it claims will provide a new generation petrol filling station (PFS).Former CEO Lord John Browne, who led the late 20th-century mega-mergers that transformed BP from a two-pipeline company, kicked off his career there in 1969, just after BP struck oil. Meanwhile, they have been diverting cash to dividends and buybacks in order to keep investors onside – BP’s stock yields almost 7% – as well as directing more of their capex to shorter-cycle shale development.One of those big deals he ended up doing, the billion acquisition of Atlantic Richfield Co. While producers still relish big discoveries, the intervening boom and bust in oil prices has made investors leery of big-ticket investments and more demanding in terms of payouts. BP paid BHP Group Plc .5 billion in cash for its shale assets last year.A design and access statement by the developer’s agent, Maypool Estates, says: “The PFS will provide a modern, high-quality, new generation facility with 1m VA of electrical capacity capable of providing a number of rapid electric charging points as required by local motorists, including those that have shifted towards a lower-carbon-impact motor vehicle.” It adds that “this will ensure the site conforms to BP’s new generation requirements meeting the customers’ modern day needs with a shift towards electric vehicles.” The proposed site plan comprises an eight-pump PFS, two rapid electric charging bays (with capacity to provide more in the future), a 324sq m Marks & Spencer Simply Food sales building and customer and staff parking.It would also require construction of a new roundabout on the A392 (including direct pedestrian access into the site), a new road east from the A392 and a new site access.

To be an oil major is to be constantly ranking projects in terms of potential and deciding if you’re better off keeping them or flogging them. Alaska is embedded deeply in BP’s history and identity. BP put its own Norwegian business into a joint venture in 2016.

This year, the congress will add a second high-profile energy event, in addition to the annual Abu Dhabi International Petroleum Exhibition and Conference, to the UAE capital’s calendar.

Opec and its allies are also convening for their joint technical committee meeting towards the end of the four-day event on September 12.

The Alaska transaction would be expected to close in 2020 and the upfront cash from the deal would reduce BP’s borrowings by 2%, which stood at 31% as of the end of the second quarter.

Gammel maintained a ‘buy’ rating on the stock and a target price of 625p on the shares, which were trading at 499.7p yesterday. Brent Crude Oil NYMEX 60.20 0.45% Gasoline NYMEX 1.58 0.65% Natural Gas NYMEX 2.29 2.88% (WTI) 56.42 USD 1.04% FTSE 100 7,182.46 0.95% Dow Jones 26,332.65 1.14% CAC 40 5,450.19 1.52% SBF 120 4,302.13 1.46% Euro STOXX 50 3,411.12 1.29% DAX 11,835.73 1.15% Ftse Mib 21,386.86 1.89% Eni 13.618 2.38% Total 45 1.55% Engie 13.795 1.06% Orange 13.715 0.99% Bp 502.9 0.83% Vodafone 155.86 2.02% Royal Dutch Shell A 2,296.5 0.70% Royal Dutch Shell B 2,288.5 0.79%Brent Crude Oil NYMEX 60.09 1.80% Gasoline NYMEX 1.57 1.81% Natural Gas NYMEX 2.25 2.83% (WTI) 56.08 USD 0.94% FTSE 100 7,114.71 0.35% Dow Jones 25,967.8 0.74% CAC 40 5,368.8 -0.34% SBF 120 4,240.18 -0.39% Euro STOXX 50 3,367.64 0.11% DAX 11,701.02 -0.25% Ftse Mib 21,004.44 0.06% Eni 13.38 0.59% Total 44.315 0.80% Engie 13.65 -0.07% Orange 13.58 0.44% Bp 498.75 2.19% Vodafone 152.78 0.99% Royal Dutch Shell A 2,280.5 1.45% Royal Dutch Shell B 2,270.5 1.23%BP's Alaska exit is a sign of oil's times [Opinion] Liam Denning, Bloomberg am CDT, Wednesday, August 28, 2019 FILE - In this Aug.

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