FINWIRES · TerminalLIVE
FINWIRES

BP Flags 'Broadly Flat' Upstream Production in Q1

-- BP (BP.L) expects reported upstream production in the first quarter of 2026 to be "broadly flat," compared with the fourth quarter of 2025.

The oil and gas giant said Monday that oil production and operations is expected to be slightly lower, compared with 1.6 million barrels of oil equivalent per day in the fourth quarter of 2025.

Meanwhile, gas and low-carbon energy production in the first quarter of 2026 is estimated to be slightly higher, compared with 788,000 barrels of oil equivalent per day in the fourth quarter of 2025.

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Sector Update: Energy

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