BP raised its dividend and said it had completed a $1.5 billion share buyback programme in a sign of confidence in its growing oil and gas business on the last day in office for Chief Executive Bob Dudley. BP shares jumped 3.5% in early Tuesday trading. As Bernard Looney prepares to take the helm, BP struck a positive tone even as oil prices slumped to a near year-low on concerns over China’s coronovirus, bucking a trend among peers that reported a sharp slowdown in revenues last week. …read more
Source:: Yahoo Finance
