This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.

BP Prudhoe Bay Royalty Trust (NYSE:BPT) -23.1% to a 52-week low in Monday's trading on news that unitholders will not receive a dividend payment for the quarter ended March 31. "The average daily ...

BP Prudhoe Bay Royalty Trust Announces No Unit Payment for the Fourth Quarter of 2024, Termination of the Trust on December 31, 2024, Commencement of Winding-Up of the Trust, and Receipt of Notice ...

BP PLC said Friday that it has restored half of the production from Prudhoe Bay, nearly two weeks after threatening to shut down the entire field because of leaks from corroded pipelines. "The western ...

Corrosion in Alaska's Prudhoe Bay pipeline prompted the oil giant to shut down production last week. Now BP says it can continue pumping oil from part of the oil field, but critics still blame company ...

BP Prudhoe Bay Royalty Trust is not an operating company. It is a trust, as its name implies, that owns a royalty interest in the oil produced by BP in the Prudhoe Bay. Basically the only things the ...

NEW YORK (Reuters) - A fire at one of six gathering centres at the giant Prudhoe Bay oil field in Alaska on October 6 has forced operator BP to cut output by 30,000 barrels per day for two weeks, a BP ...

ANCHORAGE (AP) -- BP Exploration (Alaska) Inc. has begun a wide-ranging review of safety, maintenance and environmental protection at the Prudhoe Bay oil field in response to concerns from workers and ...

ANCHORAGE (Reuters) - Operator BP expects to wring at least 2 billion barrels more crude from Alaska's Prudhoe Bay oilfield, even after the ageing giant has yielded over 11 billion barrels, far more ...

The average daily closing WTI price was below the “break-even” price for the quarter, resulting in a negative value for the payment calculation for the quarter. However, as provided in the Trust ...

As previously disclosed, pursuant to the terms of the Trust Agreement, the Trust terminates when the net revenues from the Royalty Interest for two successive years are less than $1.0 million per year ...