BP Lowers 2026 Upstream Production Guidance To 2,180-2,270 Mboe/d, Expects $13.5-14.0B CapEx And $8-9B Divestment Proceeds
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Why It Matters
BP says it will pump less oil and gas in 2026 than it thought before, and it's spending less money on new projects. When a big energy company makes its plans smaller, watch to see if it's being smart about money or if it's running into trouble.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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