BP

The Latest

  • BP's Profits Plunge by 70% in Q2 Amid Weak Oil Prices, but Dividends Hike by 10%
    BP Oil
    Even the giants are not spared! BP, the British oil behemoth, announced on Tuesday a near 70% drop in profits in the second quarter, due to weaker oil prices compared to the previous year.
  • BP Reports Strong Q3 Profits Amid Biden Warning On 'War Profiteering'
    BP
    The recent earnings report by oil and gas giants has triggered renewed calls for higher taxes.
  • Shell Exits Russia, Joins BP As Oil Titans Condemn Ukraine Invasion
    EV CHARGERS
    Shell said exiting Russian joint ventures will result in impairments.
  • Nearly A Third Of UK Gas Stations Are Out Of Fuel
    UK Gas Station
    Transport Minister Grant Shapps appealed to the public to avoid hoarding fuel as it is contributing to the lack of supply.
  • BP Paying $1.1 Billion For 50% Stakes In U.S. Offshore Wind Farm Operators
    Wind Energy
    The deal is the latest by BP as part of its strategic overhaul and plan to reach net-zero emissions by 2050.
  • BP Exits Petrochemical Business Through $5 Billion Deal
    BP Petrochemicals
    BP has reached an agreement to sell its entire petrochemical business to UK chemical company Ineos for $5 billion.
  • BP Expects Continued Low Global Oil Prices, Writes Off $17.5 Billion In Assets
    BP Forecasts
    BP expects oil prices to continue to decline through to 2050 as the world's transitions to low-emission fuel sources and energy systems.
  • BP To Reduce Workforce, Affecting 10,000 Jobs Worldwide
    BP Oil
    Most of the jobs that will likely be affected by the cost-cutting measure will be redundant positions at BP's headquarters in the UK.
  • COVID-19 Crisis Leads to 67% Plunge in BP Q1 Net Profit
    The logo of BP is seen at a petrol station in Kloten, Switzerland October 3, 2017.
    BP posts a 67% plunge in net profit as COVID-19 batters their margins and cripples its customers.
  • Oil Giant BP Sees 21% Profit Plunge In 2019
    The logo of BP is seen at a petrol station in Kloten, Switzerland October 3, 2017.
    Oil and energy multinational BP sees huge profit plunge as oil prices weaken.
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