BP Gets Unsolicited Approaches for North Sea Oil Assets, CEO Says

Dow Jones
Aug 04

0747 GMT - British energy major BP has received unsolicited approaches expressing interest in its North Sea oil assets, the company's CEO Meg O'Neill tells CNBC. O'Neill has told new U.K. Prime Minister Andy Burnham that the country should prioritize using oil and natural gas reserves from the North Sea, she said. "We generate jobs, we generate tax revenue, we generate all those additional positive impacts." BP shares rise 1.2% to 558.7 pence.

 

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10