According to the safety regulator, inadequate operations and training were factors that led to an accident resulting in the death of two workers.
Bernard Looney, the CEO of BP, saw his pay rise by more than two-fold following the company’s exceptional profits.
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 green strategy “has not changed at all,” its US boss has insisted
BP’s US boss has rejected claims that the company is capitalising on surging oil prices by compromising its green ambitions.
BP increases dividends after record profit
BP profits surge amid runaway gas prices
BP warns that oil and gas investments are needed for the next 30 years.
BP warns that investment in oil and gas production is essential if the world wants to avoid more price swings and shortages.
UK: BP declines to reveal how much ‘loophole’ saved it in windfall tax
BP refused to disclose how much windfall tax the company would have paid if it had not created an investment loophole on Tuesday.
BP is paying more tax as it makes more profit
BP (BP.L.) is paying more tax because it is making more profits, Louise Kingham, the UK head of the company, told the Reuters Energy Transition Europe 2022 conference on Wednesday.
BP has posted its biggest profit since 2008, reported a profit of $8.5bn (£6.9bn) in the second quarter
BP posted its largest profit since 2008, thanks to soaring energy prices. The latest forecasts indicated that household bills could rise to more than £3,600 in the winter.
BP profits reach an 8-year high thanks to its support for low carbon plans
BP’s 2021 profits were the highest since 2008, thanks to soaring oil and gas prices. The company also increased share repurchases and accelerated its plans to reduce emissions through higher
Tesla investors demand that a judge order Musk to repay $13 billion for the SolarCity deal
Tesla Inc (TSLA.O) shareholders asked a judge Tuesday to determine whether Elon Musk coerced its board into signing a 2016 SolarCity deal. They also requested that the chief executive be
Tesla Stock Speeds Toward Brink as Analyst Warns of ‘Outright Disaster’
By CCN: Tesla stock has been taken to the cleaners this year. Elon Musk’s stand-off with the SEC, terrible Q1 delivery numbers, and an abandoned Gigafactory expansion plan have tested the mettle of even the