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.
Orcadian Energy PLC (AIM:ORCA) Farm-out of Carra Prospect
Orcadian Energy (AIM: ORCA), the low-emissions North Sea oil and gas development company, is pleased to announce that, further to the announcement of 11 October 2021, the Company has now
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.
UK Households face higher energy bills on windless days
Market reforms aim to reward customers who use more power at full turbine capacity.
Orcadian Energy PLC (AIM:ORCA) Seismic acquisition and licensing agreement
Orcadian Energy (AIM:ORCA), the low-emissions North Sea oil and gas development company, is pleased to announce a seismic licensing deal with the energy data company TGS. The agreement will provide
UK bank Natwest cuts lending to oil and gas sector
The British bank Natwest (NWG.L.) has cut its lending to clients in oil and gas by 21% in 2021. It plans to reduce it further in efforts to decarbonise the