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Given the commitment to focus on fossil fuels and deleverage away from renewables, bp's historic profit stream should come back on tap - albeit it needs a little time. So we need to hancker down and wait for better times, they are coming. IMO.

With all the takeover rumours of late, I do feel there's something to the rumours and an announcement will be made shortly ( hopefully ). The numerous benefits of a strategic realignment of the business could include a relisting on the NYSE. This would have immediate financial benefits to the BP with all the brighter prospects of not being in the clutches of a Labour Government. IMO.

This FT article confirms suspicions that Shell and others are looking at a bid. There is too much smoke now for there not to be any fire! We all just need to hang on in there. IMO.

With all the positives you highlight and the SP still in the doldrums, which appears to be illogical, is it because the SP is like a tightened coil ready to spring out with market makers waiting for some confirmation of an event? We really do need to be patient here and let our paper losses evaporate.

With the current speculation over a takeover and coupled with oil and gas prices showing 2% rises it is a very muted sp response. Why?

Elliot is highlighting areas bp mgt so far have been in denial. Costs clearly need to be reduced and competitiveness restored, so tomorrow's first quarter results announcement accompanied with its proposals to address the concerns as highlighted by Elliott and others could be the start of the turnaround., fingers crossed.

Interesting article dated today, but is this news or information on a previous discovery, can you clarify, please?

ADR's finished trading up 2.4% last night, a full 1 % point above the UK, and a third consecutive day outshining its UK listing. Do the Yanks know something we only speculate?

Sp will probably at the open gain 2 - 3 % given FTSE is expecting a 5% rise. Profits and future projects are worth having. Elliot and others are watching!

Trump is a businessman. BP at these levels are only NOT a bargain if there is a severe global recession. I don't think so. IMO

The timing of this resignation speaks volumes. Markets in turmoil, sp in decline ( before market turndown ) with no successor in sight. His remuneration package whilst in the position I'm sure was very cash-lucrative, I hope there's no final farewell payout to him?

Who is in charge of what is supposedly a managed company?

Elliot or any other Knight in shining armour where are you?

Providing there isn't a meltdown in World equities and BP's management is at least semi-competent, SP at these low levels could be a compelling buy—I'm in the half-glass-is-full camp.

On this turbulent day bp report their first gas production fron the Cypru field, gas prices have been trading at record highs recently.

Good news on bp isn't in short supply and with oil and gas prices trading well above what was suggested earlier in the year, the only shortage is the sp going up. So frustrating but it will come? fingers crossed.

Unbelievably poor!

We keep reading how all the parts of BP offer value that is far more than the current market capitalisation. If this is the case, why doesn't the company make a song and dance about it? More to the point, if there are real intentions to dispose of assets, why not say so?

Whatever is going on with bid rumours, it's obvious that the market makers are not convinced of any imminent move as the SP continues to flounder. This is a bit disappointing.

A good comprehensive write-up, do you know what potential value this might add to the bottom line?

Oil trading around $70 a barrel and gas at elevated levels, BP focussing on core business - just like the stated aims of shell, whose sp rose 2.5% on the day of statement a few days ago. Surely the value that is there in BP can not be overlooked for much longer?

Hopefully, this will be reflected in tomorrow's trading after today's disappointing end to the closing session.