BRIEF-BP CEO Says No Plans For Further Acquisitions

Feb 26 (Reuters) - BP PLC BP.L:

• BP CEO SAYS NO PLANS FOR FURTHER ACQUISITIONS - CAPITAL MARKETS DAY EVENT

• BP SAYS REDUCING CONTRACTOR NUMBERS BY MORE THAN 3,000, WITH 2,600 OF THESE HAVING ALREADY LEFT

• BP SAYS BPX OUTPUT EXCEEDED 430,000 BOEPD IN 2024, TO GROW 650,000 BOEPD BY 2030

• BP SAYS CONFIDENT RESERVES REPLACEMENT RATIO WILL BE AROUND 100% BY END-2027

• BP SAYS ASSESSING INVESTMENT IN STANDALONE BIOFUELS PLANTS CO-LOCATED AT REFINERIES, MAY REACH FID ON ONE BY 2027 IF ECONOMICS ALIGN

• BP SAYS PLANNING TO EXIT AROUND 10% OF COMPANY OWNED RETAIL SITES BY 2027

• BP SAYS KIRKUK AGREEMENT TO OFFER BETTER RETURNS AND MARGINS THAN RUMAILA IN IRAQ

Source: Capital Markets Day Event

Further company coverage: BP.L