BP selling Oman stake to Thai firm in $25bn divestment drive ...Qatar

ٌRayaٌ news - News
BP selling Oman stake to Thai firm in $25bn divestment drive
BP Plc will sell a stake in an Omani gas block to Thailand’s national energy firm for $2.6bn, part of a push to divest billions of dollars of assets and focus more on renewable energy. PTT Exploration and Production Public Co Ltd has agreed to pay the sum for 20% of Block 61, according to statements from both companies yesterday. The deal should help BP deliver on its goal of selling $25bn of assets by 2025, easing its debt burden after the coronavirus pandemic hammered demand for energy. Like other oil majors, the company has also pledged to eliminate most of its greenhouse gas emissions over the coming decades. BP’s shares fell to the lowest in around 25 years in October, shortly after it

Hence then, the article about bp selling oman stake to thai firm in 25bn divestment drive was published today ( ) and is available on ٌRayaٌ news ( Qatar ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( BP selling Oman stake to Thai firm in $25bn divestment drive )

Apple Storegoogle play

Last updated :

Also on site :