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BP's EV charging arm cuts jobs, reduces global ambitions: Reuters
  + stars: | 2024-04-15 | by ( ) www.cnbc.com   time to read: +2 min
EV charging, however, remains one of BP's key growth engines. The changes at BP Pulse are "a step towards ensuring that we can execute our goals with even greater precision and effectiveness". BP Pulse has also stepped away from several bets it made since launching its energy transition strategy under previous group CEO Bernard Looney in 2020. BP last May also shut down its home EV charging business. The company says it expects returns from its EV charging and convenience stores operations to exceed 15% and create $1.5 billion in earnings before interest, taxes, depreciation, and amortization by 2025.
Persons: Murray, Tesla, Bernard Looney, Auchincloss Organizations: BP, Reuters, EV Locations: United States, Britain, Germany, China
Twelve years on, the fighter from London will make his UFC debut against Kevin Holland on March 9 at UFC 299. “But the fighting style, I’d say that comes from, it’s part of my personality. I love to dance, love to smile, just loud, a bit more like outgoing.”Page is hoping a UFC welterweight title fight against Leon Edwards could happen in the future. While some of his family members gave up competitive fighting as the years went by, Page stuck with it. And I don’t think it’s happened before, two UK fighters fighting for a UFC title,” said Page.
Persons: Michael Page, Anderson Silva, Kevin Holland, , it’s, ” Page, There’s, Leon Edwards, Chris Unger, Lau, Page, London Shootfighters, Shootfighters, , , Logan Storley, Zac Goodwin, Dwayne ‘, ’ Johnson, Evangelista Santos, Michael ‘ Venom, Williams Paul, , he’s, he’ll, Holland, what’s, Briton Leon Edwards, Michael ‘ Venom ’, Vera Organizations: CNN, YouTube, UFC, CNN Sport, London, Press Association, WWE, , Holland, TNT Sports, Turner Sports, Warner Bros, Discovery, Warner Bros . Locations: London, Caribbean, Miami
CNN —It was not until I looked at “Family Room” for the second time that I saw the two children. The scene of decay and demise is a painting by LA-based artist Sayre Gomez, called “Family Room,” that brings together disparate elements of his hometown in an unnervingly photorealist style. The work forms part of his solo show “Heaven N’ Earth,” at art dealer Xavier Hufkens’ flagship gallery in Brussels, Belgium, exploring the complex dichotomies of the urban landscape. The Broad Museum in Los Angeles has also recently added Gomez’s work to its collection. Gomez's photo-realistic work is currently appearing in a solo show at Xavier Hufkens in Brussels, Belgium (above) and a group show at The Broad in Los Angeles.
Persons: Sayre Gomez, Xavier Hufkens, ” Gomez, Xavier Hufkens It’s, “ Gomez, Gomez, , Ed Rusha, Jack Goldstein, ” Sayre Gomez, Sam Ramirez, it’s, fabricators, John Baldessari, Xavier Hufkens “, Ed Schad, David Zwirner Organizations: CNN, Los Angeles Homeless Services Authority, California Institute of the Arts, Lucasfilm, Peabody Werden, Voorlinden, The Broad Museum Locations: LA, Brussels, Belgium, deindustrialization, , Chicago, Los Angeles, Boyle Heights, Hollywood, Netherlands, Hope, Angeles, California
London-based BP reported its underlying replacement cost profit, which excludes one-time items and fluctuations in the value of inventories, down from $3.3 billion in the previous quarter. It brought in $13.8 billion for all of last year, a huge drop from the $27.7 billion it earned in 2022, when Russia's war in Ukraine sent oil and natural gas prices surging. Energy prices have since fallen as a weak global economy holds back demand for fossil fuels to power cars, planes, factories and more. Despite the drop in annual earnings, BP kept its dividend steady and said it would buy back $1.75 billion in shares as well as commit to $3.5 billion in additional share buybacks for first half of this year. It's a pressure that the energy industry is facing, with companies like BP and Shell pledging to reach net zero emissions by 2050.
Persons: Murray Auchincloss, , Auchincloss, Bernard Looney, Looney, Joseph Evans, ” Richard Hunter Organizations: , BP, Shell, Exxon Mobil, Institute for Public Policy Research, Locations: Ukraine, London, Spain, Portugal
The company's segments include gas & low-carbon energy, oil production & operations and customers & products. Its gas business includes upstream activities that produce natural gas, integrated gas and power, and gas trading. Its oil production & operations segment comprises upstream activities that produce crude oil, including Bpx Energy. As of Bluebell's October 4, 2023, letter to BP, BP traded on a price-earnings ratio of 6.7 times, a 44% discount to Chevron and ExxonMobil, which on average traded at 12 times. To make it even clearer how the market views BP's strategy, on February 7, 2023, when BP announced its partial retracement from this strategy, BP's share price rose 8% on the day and 17% on the week.
Persons: Giuseppe Bivona, Marco Taricco, Bivona, , Helge Lund, Bluebell, BP's, Bernard Looney, Shell, Looney's, Looney, Pamela Daley, Solvay, Glencore, Ken Squire Organizations: BP Bunge, Bpx Energy, Castrol, Bluebell Capital Partners, Bluebell Partners, BP, ExxonMobil, Chevron, Bluebell, International Energy Agency, EV, Exxon, Shell, Mr, Renewables, Power, BP's Board, BlackRock, 13D Locations: bioenergy, Europe, Bluebell, Paris, Bioenergy, United States, U.S
Eric Thayer | Bloomberg | Getty ImagesThe theme park business, like many others, is consolidating and changing along with consumer habits. Coney's closing ended an era for Cincinnati-based theme park consultant Dennis Speigel. And there's an underlying rationale for the deal related to what's occurred on the national theme park landscape in recent decades. watch nowA more consistent ride at Cedar Fair Comparatively, Cedar Fair has seen its attendance decline from 22.9 million visitors in the first nine months of 2019 to 20.9 million in 2023. "Disney and Universal have theme parks in several global markets and are considered destination resorts," Baker said.
Persons: Eric Thayer, Knotts, Looney, Richard Zimmerman, Selim Bassoui, Universal, Dennis Speigel, Speigel, Don Helbig, Helbig, Zimmerman, Bassoul, David Katz, Jeffries, It's, Katz, Salim, Berry, Stifel, Carissa Baker, Baker, Dallas restauranteur Shannon Wynne's, Wynne, Wynne's, Angus, Louis, Texans haven't, hadn't, Elizabeth Ringas, Ringas, it's Organizations: Bloomberg, Getty, Disney, Comcast's, Cedar Fair, Flags, Looney Tunes, Marvel, Cedar, Department of Justice, Fair, Dominion, Universal, Google, Dell, Six, Revenue, Cedar Fair Entertainment, Six Flags Entertainment Corp, Getty Images Bloomberg, SIX, University of Central, SeaWorld, Paramount Parks, Premier Parks for Six, Seaworld, Dallas, Texans, American, Enthusiasts, Comcast, CNBC Locations: Valencia , California, Florida, Cincinnati, Coney Island, York, Coney's, Coney, Kings, Virginia, New York, North America, Buena Park , California, Americas, University of Central Florida, Texas, Dallas, Greater Atlanta, St
Assistant coach Dejan Milojević and Kevon Looney, #5 of the Golden State Warriors, talk before the game against the Los Angeles Lakers during the Western Conference Semifinals in the 2023 NBA Playoffs at Crypto.com Arena in Los Angeles on May 6, 2023. The National Basketball Association said a second Golden State Warriors game has been postponed after the team's assistant coach Dejan Milojević died earlier this week. ESPN will instead broadcast the Brooklyn Nets versus Los Angeles Lakers Friday night. "We are absolutely devastated by Dejan's sudden passing," said Warriors Head Coach Steve Kerr in a press release. Milojević was in his third season on the Warriors' coaching staff, including the team's 2022 NBA Championship run.
Persons: Dejan Milojević, Looney, Milojević, Steve Kerr Organizations: Golden State Warriors, Los Angeles Lakers, Western, Crypto.com Arena, National Basketball Association, Warriors, Dallas Mavericks, ESPN, Brooklyn Nets, The Warriors, KK Mega Basket, Atlanta Hawks, San Antonio Spurs, Houston Rockets, CNBC PRO Locations: Los Angeles, Belgrade, Serbia
First of all, there's no such thing as a “game clock” in tennis, in general, and no such thing as “too late” at the Australian Open and U.S. Open, in particular. … I haven’t been able to sit through one,” two-time Australian Open champion Victoria Azarenka said. The women's and men's professional tours announced just before the start of the Australian Open that they're instituting new rules this month to try to cut back on play after midnight. One problem: Those rules apply only to events run by the WTA and ATP — not Grand Slam tournaments. WHEN DOES MEDVEDEV PLAY NEXT?
Persons: Daniil Medvedev's, Rod Laver, Zero, Medvedev, , let’s, Emil Ruusuvuori, That's, , John Isner, Isner, — Medvedev, Ruusuvuori, Anna Blinkova's, Elena Rybakina —, Rafael Nadal, Novak Djokovic, ” Djokovic, Lleyton Hewitt, Marcos Baghdatis —, Carlos Alcaraz, haven’t, Victoria Azarenka, “ It’s, Andy Murray, ” Murray, you’re, Coco Gauff, Felix Auger, ” Medvedev, John Pye, ___ Howard Fendrich, howard, fendrich Organizations: Rod Laver Arena, Melbourne Park, Wimbledon, Australian, England, U.S ., U.S, WTA, ATP, Tennis Australia, NEXT Locations: Melbourne, New York, Australia
Zelensky and Trump loom over DavosTwo people are having an outsize impact at the World Economic Forum, and one of them isn’t even there. One is Volodymyr Zelensky, Ukraine’s president, who put on a full-court press of business and global leaders at the forum in Davos, Switzerland. Zelensky isn’t the only leader at Davos worried about Trump. The Ukrainian leader has sought to shore up global business support. And the annual wine tasting hosted by Anthony Scaramucci, the financier and former Trump official, well, ran out of wine.
Persons: Volodymyr Zelensky, Donald Trump, Zelensky, Vladimir Putin, Andrew, Trump, Putin, , ” Zelensky, Republican Party ”, DealBook, thumped, JPMorgan Chase, Steve Schwarzman, Blackstone, Ray Dalio, David Rubenstein, Carlyle, Michael Dell, John Kerry, Biden’s, Anthony Scaramucci, Christine Lagarde, Christopher Waller, Nelson Peltz’s, James Gorman, Morgan Stanley, Mary Barra, General Motors —, Bob Iger, Disney’s, Murray Auchincloss, Bernard Looney, Auchincloss, Yi Fuxian Organizations: Trump, Economic, Ukraine, Republican Party, Republican, JPMorgan, Congress Center, Dell, European Central Bank, Fed, Disney, General, BP, University of Wisconsin – Locations: Davos, Switzerland, Europe, Ukraine, American, Iowa, Bridgewater, China, Beijing, Russia, Britain, U.S, Asia, University of Wisconsin – Madison
Auchincloss, a 53-year-old Canadian who was BP’s chief financial officer for more than three years, took on the top job in September after Looney's surprise resignation. Auchincloss joined BP when it took over oil firm Amoco in 1998. “Since September, BP’s board has undertaken a thorough and highly competitive process to identify BP’s next CEO, considering a number of high-caliber candidates in detail,” BP chairman Helge Lund said. He was denied 32.4 million-pound ($41 million) worth of salary, pension, bonus payments and shares, after BP said he had committed “serious misconduct” by misleading the board. BP has had four different bosses over the past 15 years.
Persons: Murray Auchincloss, Bernard Looney, Looney's, Auchincloss, BP’s, , Helge Lund, Lund, ” Auchincloss, Charlie Kronick, ” Kronick, ” Looney, Bob Dudley Organizations: BP, Amoco, RBC Capital Markets, Greenpeace Locations: , Gulf of Mexico
The energy sector is under pressure, but some stocks within the space are poised for an upside breakout. These names are cheap, are expected to rise more than 10% to their average price targets and are trading below where they have been historically. Upside to average price target of more than 10%. The U.S-listed shares, which are trading 5% below their 200-day moving average, have a forward price-to-earnings ratio of 8.6. It's set to surge 26% to its average price target and is trading at a forward P/E of just 7.6.
Persons: Baker Hughes, It's, Bank of America's Christopher Kuplent, Kuplent, underperformed, Murray Auchincloss, Auchincloss, Bernard Looney Organizations: Energy, APA, CNBC, Equinor ASA, Bank of America's, BP Locations: China, Norwegian, U.S, 2Q23
BP appoints Murray Auchincloss as permanent CEO
  + stars: | 2024-01-17 | by ( Ruxandra Iordache | ) www.cnbc.com   time to read: +1 min
BP CEO Murray Auchincloss speaks at the panel dicscussion during the Abu Dhabi International Petroleum Exhibition and Conference held at ADNEC Exhibition Center on October 2, 2023. LONDON — Oil and gas major BP appointed Murray Auchincloss as permanent CEO, the company said Wednesday. The energy company said it carried out a search process to appoint the new company boss since September. "It's an honour to lead BP — this is a great company with great people. Our strategy — from international oil company to integrated energy company, or IOC to IEC — does not change.
Persons: Murray Auchincloss, Bernard Looney, Auchincloss, Murray, Helge Lund, I'm Organizations: Abu, Abu Dhabi International Petroleum Exhibition, ADNEC, BP, Amoco Canada, IEC Locations: Abu Dhabi
Golden State Warriors assistant coach Dejan Milojevic looks on before the game against the Houston Rockets on February 24, 2023 at Chase Center in San Francisco, California. Golden State Warriors assistant coach Dejan Milojević died on Wednesday, officials said, after suffering a heart attack at dinner the night before in Salt Lake City. "We are absolutely devastated by Dejan Milojević's sudden passing," Warriors coach Steve Kerr said in statement issued by the team. Kerr said Milojević was a relentlessly upbeat person "who brought joy" to others every day. The 6-foot-7 Belgrade native, known as "Coach Decky" to the Warriors, was tasked with working with Golden State's centers and power forwards.
Persons: Dejan Milojevic, Dejan Milojević, Dejan Milojević's, Steve Kerr, Kerr, Milojević, Dejan, Natasa, Nikola, Masa, He's, It's, he's, Looney Organizations: Golden State Warriors, Houston Rockets, Chase Center, Warriors, Utah Jazz, Delta Center, Dallas Mavericks, Jazz Locations: San Francisco , California, Salt Lake City, Europe, Belgrade, San Francisco
Read previewBP CEO Bernard Looney abruptly resigned in September after the company's board said he hadn't been forthright about past "personal relationships" with colleagues. That could equal around $1.3 million he'll have to repay, The New York Times reported. AdvertisementIn 2022, according to the company's annual report, Looney had total compensation at BP of nearly $13 million, based on current exchange rates. Looney resigned in September 2023. AdvertisementBut in September of this year, the month he resigned, Looney informed the company he hadn't been "fully transparent" in those assurances, BP said.
Persons: , Bernard Looney, hadn't, Looney, it'd Organizations: Service, Business, Securities and Exchange Commission, New York Times, BP
And yet, even as the climate crisis inserts itself viscerally into people’s lives, experts say the year has seen alarming backsliding on climate action. Green policies have been watered down, huge new oil and gas projects have been greenlit and coal has had something of a resurgence. As countries gather in Dubai for the UN’s COP28 climate summit, there are “high expectations,” said Harjeet Singh, the head of global political strategy at nonprofit Climate Action Network International. It sent worrying signals about climate backtracking, said Elisa Giannelli, a senior policy advisor at climate think tank E3G. Around 50% of its total capital spending needs to go toward clean energy projects by 2030, according to the report.
Persons: , Harjeet Singh, Kaveh Guilanpour, Singh, Biden, , Erik Grafe, Joe Biden, Countess, Norway —, Elisa Giannelli, “ It’s, Rishi Sunak, Joeri Rogelj, Flora Champenois, It’s, Bernd Lauter, ” Rogelj, Darren Woods, Bernard Looney, Fatih Birol, Guilanpour, Claire Fyson, ” Fyson, “ we’re, ” CNN’s Ella Nilsen, Ivana Kottasová, Gan Organizations: CNN, United Nations, Action, , Climate, Energy Solutions, US Department of Interior, Imperial College London, Global Energy Monitor, GEM, Getty, BP, Chevron, ExxonMobil, Shell, Exxon, IEA, Climate Analytics Locations: Canada, Libyan, Dubai, Alaska, Washington ,, Australia, Norway, Europe, Germany, China, Asia, Ukraine, Eschweiler, COP28
John DavisDeals like Davis' have made Texas — America's oil capital for more than a century — the top producer of renewable energy in the US. The state has long generated the most wind power and is second only to California as a solar-energy producer. The high-stakes battle for Texas' energy future is a microcosm of how tricky America's green transition is shaping up to be, especially when politics are involved. Slowing down renewable energy could cost Texas in the long term, both economically and socially. The coalition seems to be growing stronger, even as Texas politicians shift further to the right on issues beyond renewable energy.
Persons: John Davis, Davis, Greg Abbott, Critics aren't, there's, George W, Bush, Rick Perry, Abbott, Winter Storm Uri, hasn't, it's, It's, Judd Messer, Madeline Gould Laughlin, Michael Looney, San Angelo Chamber of Commerce Brent Bennett, Bennett, Messer, That's, Enel's Laughlin, Enel, Sandhya Ganapathy, Catherine Boudreau Organizations: Menard, RES, Texas, Republican, Texans, Power Alliance, John Davis Texans, University of Texas, Winter Storm, ERCOT, Bloomberg, Texas Public Policy Foundation, Texas Energy Fund, Advance Power Alliance, San, San Angelo Chamber of Commerce, Chamber of Commerce, ExxonMobil, Chevron, West Texas Chamber of Commerce, Lone Star, EV Locations: North Dakota, Texas, America, Nowhere, Menard , Texas, Concho County , Texas, California, Menard, Austin, San Angelo, Midland , Texas
[1/62] Nov 14, 2023; San Francisco, California, USA; Golden State Warriors guard Stephen Curry (30) watches the game against the Minnesota Timberwolvesx during the first half at Chase Center. The win not only was the Timberwolves' second in three days against the Warriors, but also improved them to 2-0 in the West Group C of the NBA's in-season tournament. Golden State fell to 1-1. Kyle Anderson, whose offensive rebound led to Towns' late 3-pointer, iced Minnesota's seventh straight win with two free throws with four seconds left. Towns added 11 rebounds for the Timberwolves, who trailed by as many as 12 in the third quarter.
Persons: Stephen Curry, John Hefti, Karl, Anthony Towns, Mike Conley, Klay Thompson, Draymond, Dario Saric, Conley, Kyle Anderson, Thompson, Jaden McDaniels, Anthony Edwards, Rudy Gobert, Green, McDaniels, Gobert, Edwards, Naz Reid, Brandin, Saric, Kevon Looney, Chris Paul, Moses Moody Organizations: Golden State Warriors, Minnesota, Chase Center, Minnesota Timberwolves, Warriors, Timberwolves, West, Golden State, State, Towns, Wolves, NBA, Thomson Locations: San Francisco , California, USA, San Francisco, Minnesota, Towns, New Jersey, Green
NBA roundup: Magic's balanced attack too strong for Bucks
  + stars: | 2023-11-12 | by ( ) www.reuters.com   time to read: +4 min
Orlando took the lead late in the first quarter and never looked back, building an advantage of as many as 21 points behind a balanced offensive attack. Jalen Suggs supplied 20 points as five Orlando scorers finished in double figures, including Moritz Wagner, who had 19 points off the bench. Moritz Wagner scored 12 points in the first half to help ignite the pivotal, second-quarter surge that gave Orlando the lead for the rest of the game. Brown was 12 of 20 from the field and scored 21 points in the second half. Boston also received 21 points, seven rebounds and three assists from Kristaps Porzingis.
Persons: Paolo Banchero, Franz Wagner, Giannis Antetokounmpo, Orlando, Antetokounmpo, Damian Lillard, Jalen Suggs, Moritz Wagner, Jonathan Isaac, LeVert, Dean Wade, Donovan Mitchell, Darius Garland, Evan Mobley, Stephen Curry, Klay Thompson, Andrew Wiggins, Looney, Jaylen Brown, Jayson Tatum, Brown, Tatum, Kristaps, Pascal Siakam, Siakam, Dennis Schroder, Jakob Poeltl, Malachi Flynn, Scottie Barnes, Bam Adebayo, Jaime Jaquez Jr, Adebayo, Jaquez, Tyler Herro, Jimmy Butler, Atlanta's Trae Young, Dejounte Murray, Bogdan Bogdanovic, Murray Organizations: Orlando, Milwaukee Bucks, Milwaukee, Bucks . Cavaliers, Warriors, Cleveland, Golden State, Cavaliers, Celtics, Raptors, Toronto, Boston, Hawks, Atlanta, Miami, San Antonio Spurs, Thomson Locations: San Francisco, Boston, Miami
An exhausted Jokic had 35 points and 13 rebounds in more than 36 minutes of action to help the Nuggets hold off the Golden State Warriors 108-105 on Wednesday night. “We feel like it’s a good group of guys and we are playing the right way,” Jokic said. Jokic had a chance to wrap it up with 15 seconds left and the Nuggets up 107-105, but missed two free throws. “He approaches the game different game to game," Looney explained. Our guys really competed and gave themselves a chance to win,” Warriors coach Steve Kerr said.
Persons: Nikola Jokic, He's, Jokic, Reggie Jackson, Jamal Murray, ” Jokic, , Looney, Stephen Curry's floater, Jackson, Klay Thompson couldn't, , Thompson, ” Michael Porter Jr, Aaron Gordon, Curry, Kentavious Caldwell, Pope, Michael Malone, ” Malone, Justin Holiday, “ I’m, I’m, Murray, Green, Gary Payton II, MVPs Curry, ” Curry, Steve Kerr, ___ Organizations: DENVER, Denver, Golden State Warriors, Nuggets, NBA, we’re, Warriors, Western Conference, Golden, Salvation Army, Golden State, ” Warriors, Cleveland, Houston
[1/50] Nov 8, 2023; Denver, Colorado, USA; Denver Nuggets head coach Michael Malone addresses the media before the game against the Golden State Warriors at Ball Arena. Mandatory Credit: Isaiah J. Downing-USA TODAY Sports Acquire Licensing RightsNovember 9 - Nikola Jokic produced 35 points and 13 rebounds, Reggie Jackson scored 20 points and the host Denver Nuggets beat the Golden State Warriors 108-105 on Wednesday night. Jokic missed two free throws with 15 seconds to go, but Curry's layup with five seconds left was off, forcing the Warriors to foul. Golden State went on a 10-4 run to get within 63-59, and the Warriors stayed close throughout the period. Jackson-Davis' two free throws gave the Warriors a 78-76 lead heading into the fourth.
Persons: Michael Malone, Isaiah J, Downing, Nikola Jokic, Reggie Jackson, Michael Porter Jr, Aaron Gordon, Kentavious Caldwell, Pope, Stephen Curry, Klay Thompson, Andrew Wiggins, Looney, Jonathan Kuminga, Moses Moody, Draymond, Gary Payton II, Jamal Murray, Jokic, Jackson, Chris Paul, Porter, Trayce Jackson, Davis, dunked, Curry, Caldwell, Justin Holiday Organizations: Denver Nuggets, Golden State Warriors, Ball, USA, Denver, Warriors, Golden State, The Warriors, Jackson, The Nuggets, Thomson Locations: Denver , Colorado, USA, Golden
When I win (AGAIN - I NEVER LOST) I will make Judge Cannon a SUPREME COURT JUSTICE as soon as a vacancy is made. I will remake the SUPREME COURT so that these WITCH HUNTS by CORRUPT MEN will never happen again in our Great Country! MAGA!”However, the post does not appear on Trump’s Truth Social timeline (archived) or on Trump’s website (archived). Judge Cannon is a Trump appointee presiding over the classified documents criminal case against Trump. There is no evidence that Trump posted on Truth Social promising to make Judge Cannon a Supreme Court Justice if he wins the 2024 Presidential election.
Persons: Donald Trump, Aileen Cannon, Judge Cannon, Cannon, LOONEY JACK SMITH, Liz Harrington’s, Harrington, Trump, Read Organizations: Florida U.S, Facebook, U.S, Supreme, DAVID, SUPREME, JUSTICE, MEN, Trump, Truth, Justice, Reuters, Thomson Locations: Florida
NBA roundup: Knicks top Clippers in James Harden's debut
  + stars: | 2023-11-07 | by ( ) www.reuters.com   time to read: +8 min
The Knicks outscored the Clippers 35-21 in the fourth quarter and 69-51 in the second half, spoiling the debut of new Los Angeles acquisition James Harden. Kawhi Leonard scored 18 points while Harden finished with 17 points in 31-plus minutes in his first action since the Philadelphia 76ers dealt him to the Clippers on Oct. 31. Chris Paul finished with 17 points, six assists and five rebounds off the bench, and Klay Thompson had 17 points. Isaiah Stewart contributed 17 points and 11 rebounds, while Ausar Thompson had 16 points, seven rebounds and four steals. Sengun, meanwhile, was the offensive linchpin, pairing a career-high 12 assists with 17 points to help Houston to its third consecutive victory.
Persons: RJ Barrett, Gregory Fisher, James Harden, Barrett, Julius Randle, Mitchell Robinson, Kawhi Leonard, Harden, Anthony Edwards, Edwards, Jaden McDaniels, Rudy Gobert, Jayson Tatum, Jaylen Brown, Porzingis, Nikola Jokic, Julian Strawther, Jordan Hawkins, Brandon Ingram, CJ McCollum, Jamal Murray, Stephen Curry, Chris Paul, Klay Thompson, Dario Saric, Jonathan Kuminga, Looney, Cade Cunningham, Killian Hayes, Isaiah Stewart, Ausar Thompson, Myles Turner, phenom Victor Wembanyama, Doug McDermott, Keldon Johnson, Zach Collins, Wembanyama, Charles Bassey, Luka Doncic, Kyrie Irving, Tim Hardaway, Paolo Banchero, Orlando, Moe Wagner, Cole Anthony, Joel Embiid, Tyrese Maxey, Tobias Harris, De'Anthony Melton, Kyle Kuzma, Jordan Poole, Deni Avdija, Bam Adebayo, Jimmy Butler, Tyler Herro, LeBron James, Giannis Antetokounmpo, Antetokounmpo, Damian Lillard, Cam Thomas, Bridges, Ben Simmons, Zach LaVine, DeMar DeRozan, Coby White, Lauri Markkanen, Jalen Green, Alperen Sengun, Green, Sengun, De'Aaron Fox, Shai Gilgeous, Alexander, Chet Holmgren, Onyeka Okongwu Organizations: New York Knicks, Los Angeles Clippers, USA, Knicks, Clippers, New, Philadelphia 76ers, Timberwolves, Celtics, Boston, Pelicans, Denver, Pelicans ., Nuggets, Warriors, Pistons, Golden State, Detroit, Pacers, Spurs, Tyrese Haliburton, Indianapolis . Indiana, Indiana, San, Mavericks, Luka, Dallas, Orlando, 76ers, Wizards, Philadelphia, Sixers, Milwaukee Bucks, Lakers, Miami, Los, Heat, Bucks, Nets, Milwaukee, Brooklyn, Bulls, Jazz, Chicago, Rockets, Jalen, Houston, Hawks, Oklahoma City, Thomson Locations: New York , New York, USA, Madison, Los Angeles, New York, Minneapolis, Minnesota, New Orleans, Pelicans . New Orleans, Indiana, Antonio, Indianapolis ., San Antonio, Washington, Miami, Utah, Sacramento, Houston, Atlanta
"BP reported weak numbers this morning...However, notably, BP has reported exceptional gas trading results on several occasions in the last couple of years, including last quarter," said RBC analyst Biraj Borkhataria. In the downstream, customers & products reported $2.1 bln vs consensus $2.4 bln, despite being supported by very strong oil trading results, suggesting weaker refining margin capture in the third quarter." That was up from the $2.6 billion profit the company reported in the prior three months due to higher oil and gas production, strong refining margins, lower refinery maintenance and "a very strong oil trading result", but natural gas marketing and trading were weak. BP expects capital expenditure of $16 billion this year, the lower end of its indicated range of $16-$18 billion. Rivals Chevron (CVX.N) and Exxon Mobil (XOM.N) last week posted sharp year-on-year drops in third quarter profit as energy prices cooled.
Persons: Norway's, Biraj Borkhataria, Murray Auchincloss, Bernard Looney, Ron Bousso, Louise Heavens, Jason Neely Organizations: windfarm, BP, Reuters Graphics Reuters, Rivals Chevron, Exxon Mobil, Thomson, & $ Locations: U.S, British, New York
LONDON — Oil major BP on Tuesday reported a steep year-on-year fall in profits, missing analyst estimates. The British energy giant logged underlying replacement cost profit, used as a proxy for net profit, of $3.293 billion in the third quarter. Analysts had expected profit to come in at $4.059 billion in the third quarter, according to a collection of estimates by LSEG. Quarterly growth came from a rise in oil and gas production and higher realized refining margins, along with a "very strong oil trading result," BP said. The year-on-year profits of BP and other energy majors plunged in the second quarter, following weaker fossil fuel prices that have since risen sharply.
Persons: Borkhataria, Bernard Looney, Murray Auchincloss, Auchincloss, Dave Lawler, Looney Organizations: Oil, BP, LSEG, RBC Capital Markets, Organization of, Petroleum Locations: Warmister, Wiltshire, England, BP's London, U.S
[1/14] Oct 30, 2023; New Orleans, Louisiana, USA; Golden State Warriors forward Draymond Green (23) reacts to a foul call in the first quarter at Smoothie King Center. Mandatory Credit: Matthew Dobbins-USA TODAY Sports Acquire Licensing RightsOctober 31 - Steph Curry scored 42 points and the visiting Golden State Warriors routed the New Orleans Pelicans 130-102 on Monday night. The Warriors played without Klay Thompson (knee soreness) and Jonathan Kuminga (knee contusion) and the Pelicans played without Brandon Ingram (knee soreness). Curry made two 3-pointers and Andrew Wiggins made one as Golden State began the third quarter with a 13-4 run that produced an 11-point lead. The Warriors led by eight on three more occasions before consecutive 3-pointers by McCollum and Hawkins helped the Pelicans get within 59-57 at halftime.
Persons: Matthew Dobbins, Steph Curry, Chris Paul, Trayce Jackson, Davis, Moses Moody, Gary Payton II, CJ McCollum, Zion Williamson, Jordan Hawkins, Matt Ryan, Jonas Valanciunas, Kira Lewis Jr, Klay Thompson, Jonathan Kuminga, Brandon Ingram, Curry, Andrew Wiggins, Moody, Lewis, Paul, Williamson, Ryan, Looney, McCollum, Hawkins Organizations: Golden State Warriors, Smoothie King Center, USA, New Orleans Pelicans, Warriors, Pelicans, The Warriors, Golden State, Houston, State, Thomson Locations: New Orleans , Louisiana, USA, Smoothie, Moody . New Orleans, Golden, New Orleans
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