An activist investor famed for ousting senior leadership has called for BP chair Helge Lund to quit after the oil major’s ...
The firm has lagged UK rival Shell and US oil giants Chevron and ExxonMobil, which have doubled down on profitable fossil ...
STORY: BP warned Friday (October 11) that its third-quarter profit will take a hit of up to $600 million.It blamed weak ...
BP said a drop in refining margins would reduce its third-quarter profit by $400 million to $600 million from the previous ...
Investing.com -- Weak refining margins are expected to hit BP (NYSE: BP )'s third-quarter result by as much as $600 million, ...
BP expects a slump in refining margins to take a $400m (£306m) to $600m (£459m) chunk out of its third-quarter profit.
Last quarter, BP warned about “significantly lower” refining margins, and Jefferies cut its consensus for earnings by about 20 per cent. It also took a hit of up to $1.5bn from a plan to scale back ...
Weak refining margins due to a slowdown in global demand for fuel and lower oil trading results will dent BP's third-quarter ...
As the company refocuses on its core competencies and abandons plans to reduce oil production, Stephen Wright's keeping an ...
BP is abandoning its climate pledges for 2030 as it aims to take advantage of high oil prices to boosts profits under the ...
There are seven so-called “super major” oil companies in the world, of which three are American, one is French and another is ...
BP's commitment to cut production looks shakier than ever amid reports it will retire its plans to reduce oil and gas output ...