EnergyWatch

BP will list midstream business on the stock exchange

By spinning off its midstream business into an independent entity, BP expects to raise solid returns.

Photo: BP

British oil and gas giant BP is planning to list its US pipeline assets as an independent entity on the New York Stock Exchange, reveals BP in a press release.

In July, BP announced that it was considering a model where a large share of the company's North American gas and oil pipeline assets would be spun off from the parent company and registered as a separate entity.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Ørsted forced to delay coal phase out

The Danish authorities have ordered Ørsted to continue operations of one coal fired power plant and resume operations on two others until 2024. The utilty maintains aim of CO2-neutrality in 2025.

Further reading

Related articles

Latest News

See all jobs