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British oil giant BP on Tuesday posted slightly weaker-than-expected first-quarter net profit, following a recent strategic reset and a slump in crude prices. The beleaguered oil and gas major ...
BP’s declining market value and strategic instability have fueled speculation of a takeover by Shell or ExxonMobil, with ...
The shift comes as BP lags significantly behind its fellow oil and gas majors, thanks to a combination of corporate disasters, war, lackluster returns from its greener efforts, and some bad luck.
Total revenue fell four percent to slightly under $48 billion. BP and other oil majors have been hit by a recent slump in crude prices on fears that US President Donald Trump's tariffs could cause ...
BP shares trade at a discount to their US counterparts and come with a 6.5% dividend yield. Is this an opportunity for UK ...
More takeover talk involving potentially several suitors was lifting shares of BP on Friday. U.K. shares of BP UK:BP rose over 3% on Friday, while U.S.-listed shares BP gained over 2%. Barbara ...
Oil and gas giant BP announced ... chief executive officer (CEO) of BP, said. He added: “So far this year we have started up three major projects, made six exploration discoveries and have ...
BP (BP.L) profits almost halved as the energy giant came under pressure from a plunge in oil prices since Donald Trump launched ... The results arrive less than two months after BP unveiled a major ...
It was a week when oil prices jumped broke its losing ... term demand and record-breaking production levels. 1. BP, the UK-based energy major, expects weak first-quarter 2025 results for its ...
The result is that it’s now possible to quantify the climate damages caused by each of the world’s biggest oil and gas companies, according to a paper published last week in the journal Nature.