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Have a great weekend all

Tuesday onwards and upwards

Stanley we will not see the oil prices you quoted

The damage to infrastructure will take a long time to rebuild

I have been in Bp on and off for a very long time and have never seen the prices that low

The consensus is 80$ once every thing has settled down 2027-2028

I would not like to be out of these over the weekend

Onwards and upwards next week

What will Trump do next ?

My target has always been

£6.40

Will sell half my holding then

Limit sell from there until it gets to £7-£8

I have plenty of patience 😄😄😄😄

The difference will be less debt by the end of 2026

£7 very possible

Hi Ian

Next Limit sell £6.10

£6.40

£7

£8

I will review once it gets to £7

Looks as if I was spot on at £6.04 🎉🎉🎉🎉🎉🎉🎉

I sold my first lot at £6.04 it was a limit order

Only a 1000 shares as it’s the last day to trade for this tax year

Placed limit orders of £6.40:and all the way up from there

For the next tax year 🎉🎉🎉🎉🎉🎉

Clued did you sell any shares?

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Albert Manifold, who took over as BP chair last year and has encouraged the company to go further and faster in pursuing shareholder value, described O’Neill in BP’s annual report in March as “the right leader” to pursue “significant strategic and financial opportunities”. 

Under pressure from Elliott, which revealed a 5 per cent stake in BP last year, BP has begun divesting assets and this year wrote down the value of its solar, offshore wind and biogas businesses by over $4bn. O’Neill told staff she wants to make the company “simpler, stronger and more valuable”. 

The sharp rise in oil prices because of the Iran war has offered some relief. When BP announced her appointment, the oil price was under $60 a barrel. On Tuesday, benchmark Brent crude had nearly doubled to just under $119 amid the US and Israel’s war in Iran. BP’s share price has risen accordingly, up 44 per cent to 605p in the same period. 

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Analysts at HSBC estimate that about 10 per cent of BP’s oil and liquefied natural gas output has been affected by the conflict but said that higher prices more than offset the disruption. The bank has raised its 2026 earnings per share forecast by 63 per cent and its cash flow per share estimate by 18 per cent.

In her message, O’Neill said BP was navigating an environment of “significant complexity”, citing “geopolitical tension, conflict, rapid technological change and shifting global energy demand”. She added: “We play a vital role in supplying customers across the world with the energy they need to help them thrive.”

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BP’s new boss has promised “clear direction and consistency” after a year in which the UK oil major reversed strategy under pressure from an activist investor and lost both its chair and chief executive. 

Meg O’Neill, the 55-year-old US oil executive charged with reviving BP, said in her first message to staff that she understood the company had been through “significant change and that can be tough”. 

Her arrival follows a period of upheaval in which BP scaled back its energy transition ambitions under pressure from activist investor Elliott Management, and parted ways with its chair Helge Lund and former chief executive Murray Auchincloss. 

O’Neill signalled continuity on recent efforts to improve performance but said she wanted to move faster, adding that while progress had been made on hitting short-term targets to 2027, “there’s always more to do”. 

“I’m committed to providing clear direction and consistency so we can move forward together with confidence,” she told staff.

O’Neill joins as BP’s first female chief executive and the first outsider to be appointed directly into the role, in a break from the company’s tradition of internal succession. Ahead of her arrival, BP became the first oil major to suspend its share buyback programme in February as it grapples with cutting its roughly $22bn debt pile. 

Iran has warned the United States and Israel that it will carry out more “crushing” attacks following an address by Donald Trump overnight.

Tehran will continue fighting until the countries surrender, a military spokesman said on Thursday morning.

The statement from Iran’s military said: “With trust in Almighty God, this war will continue until your humiliation, disgrace, permanent and certain regret, and surrender. Await our more crushing, broader, and more destructive actions.”

Meanwhile, the US urged its citizens to leave Iraq, warning that Iran-backed militias intend to attack central Baghdad “within the next 24 to 48 hours”.

“These actors may target US citizens, companies, universities, diplomatic facilities, energy infrastructure, hotels, airports, and other sites believed to be associated with the United States,” the US embassy in Iraq said.

On Tuesday Shelly Kittleson, an American freelance journalist, was kidnapped in Baghdad. US officials believe an Iranian-backed militia is behind the abduction.

In his address on Wednesday night, Mr Trump again threatened to attack Tehran’s oil and energy infrastructure unless it made a deal to end the war, saying the US would bomb the country into the “Stone Ages” in the coming weeks.

“If there is no deal, we are going to hit each and every one of their electric generating plants very hard, and probably simultaneously,” the US president added.

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Moving up

Https://www.livecharts.co.uk/MarketCharts/brent.php

Trump or Iran

I go with Iran

Time will tell.I am still holding

US President Donald Trump has claimed that Iran has asked for a ceasefire, saying he will consider it when Strait of Hormuz is open.

Iranian officials have rejected those claims, saying no such request was made.

Qatar’s Defence Ministry says missiles launched from Iran hit oil tanker in the country’s territorial waters.

Kuwait says an Iranian attack has sparked a “large fire” at the fuel tanks at its international airport.

Iranian Foreign Minister Abbas Araghchi tells Al Jazeera he has no faith in talks with the US, and says that while he has had messages from Washington, no negotiations are under way.

Visit our live tracker for the latest casualty figures from across the region.

Https://businesschief.com/news/former-bp-ceo-to-lead-prometheus-hyperscale

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Https://www.express.co.uk/news/world/2189130/drone-strikes-british-oil-company-erbil-iran-warning?utm_source=daily_express_newsletter&utm_medium=email&utm_campaign=breaking_world_newsletter&utm_content=&utm_term=&ruid=08083707-e5d1-4ab5-a0a8-b0ccadfc795f&hx=f4d8f8a57f8aa30841c64f8af8ab9e0136a0ce0a1761fd737ed259a4faf0ed63

105$