BP PLC (LSE: BP.) announced a significant plunge in profits due to declining refining margins, yet it increased its shareholder dividend by 10%.
BP PLC (LSE: BP.) announced a significant plunge in profits due to declining refining margins, yet it increased its shareholder dividend by 10%.
BP PLC (LSE: BP.) has reported an increase in first-quarter profit, reflecting strong oil and gas trading. The oil major stated that its underlying replacement cost profit for the first
According to The Times, BP is currently facing a revolt from shareholders who are seeking to remove Helge Lund from his position as chairman due to the company’s decision to
According to the safety regulator, inadequate operations and training were factors that led to an accident resulting in the death of two workers.
BP CEO Bernard Looney’s compensation package more than doubled to £10 million in 2022, as the company recorded record profits due to high oil and gas prices.
BP’s US boss has rejected claims that the company is capitalising on surging oil prices by compromising its green ambitions.
BP profits surge amid runaway gas prices
BP warns that investment in oil and gas production is essential if the world wants to avoid more price swings and shortages.
BP refused to disclose how much windfall tax the company would have paid if it had not created an investment loophole on Tuesday.
BP (BP.L.) said Tuesday that it expects to pay as much as 1 billion pounds ($1.25 trillion) in taxes in Britain for its 2022 profits. This is despite reporting a